China's share in EU imports declined in 2015 to the benefit of South Asian countries
Erosion of China’s share in EU imports, especially in lower-end products
The leading position of China has continued to be eroded by the increasingly vigorous entry of the other production zones. Whereas in 2010, its market share of EU textiles and clothing imports stood at 40.8%, this had fallen to 35% by 2015. The tendency for China seemed to be more and more textile exports whose production was facilitated by more sophisticated and productive machinery, at the expense of garments which are much more labour intensive.
The Mediterranean countries, which have long enjoyed the advantage of...
EU TRADE SURGE IN TECHNICAL TEXTILES AND CLOTHING GOODS
In 2015, the best EU exporters’ performances were achieved in the market of technical textiles and womenswear
Exports of man-made fibres outside of the EU have regained their rate of growth these past years and rose by +4.5% in value during 2015. There were some changes in the ranking of the EU-28’s main customers, although the USA remained the EU leading customer. Despite the downward trend in the production volume of thread and yarn, in 2015, the volume of exports outside the EU was unchanged. The value increment noticed (+4.8%) stemmed above all from the price of the raw material...
The UK's EU Referendum
On 23 June 2016, the United Kingdom hold a referendum of its membership in the European Union. Unfortunately, the majority of voting UK citizens expressed their will to leave the European Union (Brexit – British exit from the EU).
Euratex President Serge Piolat commented: ‘Euratex regrets that the United Kingdom decided to leave the European Union, however, the people’s will shall be respected. This decision brings a lot of uncertainty and we start seeing its negative impact already these days. Uncertainty will cause numerous challenges for the European manufacturers, business...
Commissioner Bienkowska at EURATEX 20th Anniversary: Textiles is a Strategic Sector in Europe
On 9 June 2016, Euratex hosted its international conference ‘Best in Partnerships’ devoted to inter-sectorial partnerships to boost European manufacturing.
The European Commissioner for Internal Market, Industry, Entrepreneurship and SMEs Elżbieta Bieńkowska addressed the audience in her key note: ‘Textile and fashion industry is a strategic sector in the EU and it is really performing well. The European Commission is undertaking a number of actions to meet three main challenges of the sector: innovation, international competition and skills shortage.’ The Commissioner underlined that...
Klaus Huneke Nominated as the Next EURATEX President
On 9 June 2016, EURATEX General Assembly nominated a new President – Klaus Huneke will take the political lead of the confederation in January 2017 for a two years’ term.
Mr. Huneke who will succeed Serge Piolat, the current EURATEX President, stated: 'I really appreciate the confidence EURATEX members expressed today and I will be very delighted to become the confederation’s next President. I believe Mr. Piolat made a solid foundation for a new way EURATEX functions to better represent our industry. My intention is to continue this fruitful work directed in three strategic areas:...
BOOSTING REGIONAL TEXTILE INNOVATION WITH REGIOTEX
Europe’s textile and clothing sector will boost competitiveness through the EU regional Smart Specialisation Strategies and a better connection of regional innovation clusters.
Well over 100 participants from 23 regions across 19 EU countries attended the public launch of the RegioTex initiative held on 13-14 April at the Committee of the Regions in Brussels. The event co-organised by the European Technology Platform for the Future of Textiles and Clothing (Textile ETP) and EURATEX - the European Apparel and Textile Confederation, was embedded in the 11th annual public conference of...
INVESTMENT PLAN FOR EUROPE TO SUPPORT EUROPEAN SILK SECTOR?
Textile and fashion industry in the Investment Plan for Europe
|March - 2017|