Generally in a supply chain,
textiles move from the manufacturer to the distributor, stockiest, wholesaler,
and finally to the retailer, who is the last link in the supply chain. Current
trends indicate that, organized retailing will become increasingly popular where
the fabric will be purchased directly from the manufacturer eliminating the
intermediaries. 'E-applications' will be used at all stages of the supply
chain. This will increase flexibility, and shorten the overall value chain,
thus reducing the lead-time.
Major
Countries:
Fibre2Fashion did a methodical
analysis and interpretation of the textile data of the countries which are the
key players of textile fabrics in the global market.
Asia:
Asian textile industries have
made a significant contribution to enhance the livelihood of millions of
people. Textile exports from Asia to Africa, EU, and North America increased by
19%, 11%, and 9% respectively. Among Asian countries, India generates the highest amount of foreign exchange through textile exports. India has the world's leading installed capacity of weaving and shuttle looms. Mr. Heinrich
Fischer, CEO, Saurer Textile while speaking about the expiry of textile quotas,
states that textile industry will see a shift to Asian production. He further
states that, "In Asia, the large, vertically integrated countries such as China, India and Pakistan will probably benefit most." Bangladesh, Cambodia, and Vietnam will be the major beneficiaries of the post quota period, along with China. The US and EU quotas would not affect the textile trade of China. During 2006, their textile exports to US rose to 25% which is comparatively higher
over the previous year's 21%.
US:
US has imported textiles and
garments worth of $70.70 billion USD during January-September 2008. This is 3%
lesser than the import figures comparatively over the previous year. Textile
production in the US fell for the tenth year during 2007, the lowest in the
past 35 years. Their clothing imports are growing more than the textile imports
in the past 10 years. India and China will be the leading suppliers of textile
and clothing. US will import more apparels than textile fabrics.
Egypt:
Textile industry is a major
source or revenue generation in Egypt, representing one fourth of the
industrial production, and providing employment to one third of the industrial
labor force. The country currently holds a market share of mere 1% in the
global textile trade. Its primary markets are US and EU. The QIZ agreement and
the EU-Egypt Association agreement is being positively expected by the country's
industry analysts to give the textile sector a boost; especially if it is able
to attract more investment in machinery.
Sri Lanka:
Being a part of Asian
countries, Sri Lanka's textile industry has been a major contributor to the
country's economy, and their foreign exchange revenues. Despite the industry
has seen an uptrend in the past years, the current year has been a slow one. US,
being the biggest export market for Sri Lanka, has affected the export figures
of the latter, due to its economic turmoil. The country is adopting the
strategy of 'going green', to charm the international buyers who are into the
trend of buying apparels that are ethically manufactured and are economically
friendly.
