Major slump in Egypt cotton yarn exports to EU
Egypt exports of cotton yarn to the EU countries has slumped by -48% from 24K Tons in 2010 to only 12.5K Tons in 2018, representing a share of only 4.5% of EU imports in 2018, due to limited investments in Egypt cotton spinning sector during the last decade, but still remaining to be the 4th largest supplier to the…
Egytex News Desk
Source: egytex.com
Italy is the largest import market of cotton yarn from Egypt in the EU region representing 55% of Egypt exports to the EU, and Portugal is the 2nd largest import market representing 12%.
The EU imports of cotton yarn has reached 277K Tons in 2018, exceeding a value of 920 Million Euros, and Portugal remains to be the largest EU import market representing 35% of EU imports in 2018, with a surge of 42% compared to 2010, whilst Italy has become the 2nd largest EU import market in 2018 reaching approximately 60K Tons, with a decline of -35% compared to 2010.
Turkey, India, and Pakistan continue to dominate EU imports of cotton yarn representing 85% of EU imports. Turkey exports of cotton yarn to the EU in 2018 has reached 104K Tons (310 Million Euros) with a surge of 62% compared to 2010, whilst India’s exports exceeded 97K Tons with a decline of 12.5% compared to 2010.
Source: egytex.com
From the Egytex news archive, first published on 17 March 2019. Figures and names are as reported at the time.
