Major Plunge in Egypt cotton terry towel exports to the EU
Egypt terry towel exports to the EU countries has suffered a major decline to reach only 27 Million Euros (5.7K Tons) in 2018, with an annual decline in volume of -10.1% and -39% compared to Egypt exports of cotton terry towels to EU in 2009. The EU imports of cotton terry towels has exceeded 962 Million Euros (169K…
Egytex News Desk
Source: egytex.com
Egypt is the 6th largest supplier to the EU region with a share of only 3.3% in quantity, and 2.8% in value. Italy and Spain are the largest export markets for Egypt cotton terry products in the EU region representing 49% of Egypt exports to the EU.
Turkey, and India are the largest suppliers of cotton terry towels to the EU countries representing 59% of EU import quantity in 2018.
Source: egytex.com
From the Egytex news archive, first published on 25 March 2019. Figures and names are as reported at the time.
