1,023 articles in Markets · Clear
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Oriental Weavers partners with DHL Global Forwarding
DHL will manage Oriental Weavers’ export of carpets and rugs from Egypt to across the world. Both companies align to Egypt’s sustainability goals in Vision 2030 agenda
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Major surge in Egypt imports of Greek Cotton
Egypt imports of short staple cotton from Greece has reached record level of more than 57K Tons and value which exceeded 83 Million Euro’s in 2019. Greek cotton represented 62% of Egypt imports of sho...
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Major slump in Egypt cotton yarn exports
Egypt exports of cotton yarn has declined to reach 21.7K Tons in 2019, with a slump of -16.8% compared to 2018, and – 43% compared to 2015. The EU region is the largest market for Egypt exports of cot...
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Arab African countries export textiles to Brazil
Three Arab countries have been stepping up their exports of textiles to Brazil over the past few years. Chief among them is Morocco, with USD 6.99 million in foreign exchange revenue during H1 2020. N...
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Coronavirus: Primark sells nothing as retailers struggle
Clothing giant Primark has gone from making £650m in sales a month to nothing as the coronavirus has forced it to close in Europe and the US, it revealed on Tuesday. It was not the only company to adm...
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2nd ITMF survey on impact of coronavirus on global textiles industry
The International Textile Manufacturers Association (ITMF) reported that it has conducted a second survey of its members and affiliated companies and associations, about the impact the coronavirus pan...
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ITMF-Survey about the impact of the Corona-pandemic on the global textile industry
Between March 13-25, 2020, ITMF has conducted a survey among ITMF Members about the impact the Coronapandemic had on the global textile value chain, especially on current orders and expected turnover...
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Egypt textile exports hit $257M in Jan.
Egypts textile exports witnessed a slight decline estimated at 0.4 percent in January to reach $257 million, down from $258 million in the same month in 2019.
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Textile companies in China see decline in international orders as COVID19 rages globally
"It will be a tough year for the textile industry," Hu Qinhua, owner of Shaoxing Hongyutong textile company told the Global Times Wednesday. As the COVID-19 pandemic rages overseas, some textile compa...
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Cotton exports rise to 120.9% in 4th quarter of 2018-2019 agricultural season: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) said Egyptian exports of cotton in the fourth quarter of the 2018-2019 agricultural season stood at 190,400 metric quintals, marking...
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Egypt adopts plan to improve cotton, textile industries
Egypt is adopting an integrated plan to improve the cotton and textile industries by learning from abroad, minister of public business sector Hisham Tawfik said recently. Twenty five cotton gins will...
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Egypts textile exports surge 0.3% in 7 months
Egypts textile exports rose 0.3 percent to reach $1.756 billion during the period from January to July 2019, up from $1.752 billion in the same period last year.
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Egypt adopting strategy to restore cotton industry to top of global market: Minister
Egyptian Minister of the Public Business Sector Hisham Tawfik has announced that Egypt is adopting a new strategy to restore its cotton industry to its place at the top of the global cotton market. In...
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Chinas Textile and Garment Industry Is in Deep Trouble
Under the impact of the Sino-US trade war, Chinas economy has continued to decline. Domestic demand is weak, foreign trade is stagnant, and Chinas textile and garment industry is in deep trouble after...
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Cotton Egypt Association Continues Its Campaign On Counterfeiters
COTTON Egypt Association, the organisation behind Egyptian Cotton™, has launched a further initiative to actively root out non-genuine goods from the supply chain. The organization has begun naming an...
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Egypts cotton exports hike 53% in Q2 – CAPMAS
Egypts cotton exports soared by 52.6% year-on-year during the second quarter of planting season 2018/2019, according to a statement by the Central Agency for Public Mobilization and Statistics (CAPMAS...
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Egypts ready-made garments exports record $406 mln in Q1 2019
The United States topped importing countries of the Egyptian ready-made garments in 2019s first quarter, recording $224 million, compared to $193 million in the same period of 2018
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Egypts ready-made garments exports to Germany hit $144 mn in 2018
Egypts ready-made garments exports to Germany recorded around $144 million during 2018, the Egyptian Textiles Export Council (TEC) said on Wednesday.
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Major Surge in Egypt Denim trouser exports to the EU
Egypt denim trouser (jeans wear) has remarkably increased to reach approximately 140 Million Euros in 2018 with an annual increase of 25% and 90% compared to 2011, representing 59% of Egypt woven appa...
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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 exp...