The textile industry slowly rebounded with an annual output value of 460 billion.
The textile industry slowly rebounded with an annual output value of 460 billion.
According to the ITIS plan of the Textile Institute, Taiwan's textile industry rebounded slowly in the third quarter of 2013, with an output value of NT $116.3 billion, with an estimated annual output value of NT $460 billion, an annual increase of 0.5%.
The ITIS plan of the Textile Institute (the Industrial Technical knowledge Service Program of the Technology Department of the Ministry of Economic Affairs) said that the Office of Comptroller, Accounting and Statistics of the Executive Yuan released an economic growth rate of 1.58% in the third quarter of this year, down 0.89% from the forecast in August.
According to the Chinese Academy of Economics, it is estimated that Taiwan's economic growth rate in the fourth quarter will be 1.86%. Although the economy continues to recover, its growth momentum is quite limited.
The ITIS plan of the Textile Institute estimates that the total output value of Taiwan's textile industry in the fourth quarter is 118.5 billion yuan, including 36.3 billion yuan for the rayon industry, 75.9 billion yuan for the textile industry, and 6.3 billion yuan for the clothing and clothing industry. The total output value of Taiwan's textile industry in 2013 is 460 billion yuan, an increase of 0.5% over 2012.
According to the statistics department of the Ministry of Economic Affairs, it is estimated that the total output value of the textile industry in the third quarter will reach 116.3 billion yuan, an annual increase of 4.5%; the output value of the man-made fiber industry is estimated to be 34.924 billion yuan, an annual increase of 2.5%, an annual increase of 3.2%, accounting for 30% of the total output value of the textile industry.
The textile industry is estimated to be 75.396 billion yuan, with a quarterly increase of 0.9% and an annual increase of 5.9%, accounting for 65% of the overall textile industry output value; the output value of the clothing and clothing industry is estimated to be 5.988 billion yuan, up 3.8% in the quarter and 4.6% annually, accounting for 5% of the overall textile industry output value.
According to the analysis of the textile institute's ITIS plan, although the man-made fiber industry grew in the third quarter of 2013 compared with the second quarter, the market demand is still weak; although the textile industry and clothing industry continued the growth in the second quarter, the growth rate weakened significantly.
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