Australia’s home textile imports dip, India defies trend in H1
Overall, Australia’s home textile imports dropped *.** per cent in H* **** compared with $***.*** million in the same period last year. Imports from China, which accounts for ** per cent of the market, declined *.** per cent to $***.*** million, down from $***.*** million in H* ****, According to *fashion.com/market-intelligence/texpro-textile-and-apparel/” target=”_blank”>sourcing intelligence tool TexPro. This slight drop reflects weaker consumer demand and possibly inventory adjustments by retailers. China’s market share also slipped slightly to **.** per cent from **.** per cent.
In contrast, Australia’s imports from India rose *.** per cent to $***.*** million in H* ****, compared with $***.*** million last year. This growth helped India capture **.** per cent of the market, up from **.** per cent, underlining its growing importance as a preferred sourcing destination.
