Home / Knowledge / News / Textiles / Valencian textile finishing industry to raise prices
Valencian textile finishing industry to raise prices
Dec '11
The textile finishing sector of the Spanish autonomous region of Valencia will increase rates between 6 and 8 percent next year due to the rising prices of labour, raw material and energy, coupled with reduced demand.

Textile Employers Association of the Valencian Community (ATEVAL) said the increase in rates will, in turn, impact the final price of textile items sold to the retail consumer.

ATEVAL said the textile finishing sector in the Valencian region, which is mainly concentrated in L'Alcoy, the Comtat and Vall d'Alba regions, is currently finding it difficult to remain competitive.

The labour-intensive textile finishing sector in Valencia has 111 companies that employ around 1860 workers and have a turnover of more than 196.5 million euros.

During the last five years, these companies have lost 37 percent of turnover, 52 percent of employment and 40 percent of firms, ATEVAL said. It added that the last two years have witnessed a decline of 30 percent in sales.

The Association said the textile finishing sub-sector is vital within the value chain of the textile industry, especially in the Valencian region, where production of home textiles account for 80 percent of Spanish production.

Hence, it is essential to ensure the viability of this significant sector for the growth of Valencian economy and development of textile clusters in L'Alcoy, the Comtat and Vall d'Alba districts, ATEVAL added.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 7th Dec 2016

New Texprocil chairman bats for increased UPI adoption

Ujwal Lahoti, the new Cotton Textile Export Promotion Council...

RBI Governor Urjit Patel addressing a press conference. Courtesy: Youtube

Textiles | On 7th Dec 2016

Defying expectations, RBI keeps repo rate unchanged

Defying market expectations, the Monetary Policy Committee (MPC) of...

The new OJ 59/1 B. Courtesy: Karl Mayer

Textiles | On 7th Dec 2016

Karl Mayer unveils new LACE.EXPRESS model for apparel

Germany’s leading textile machinery firm, Karl Mayer, has launched a...

Interviews View All

Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Rashi Menda

Every fifth sale we make on Zapyle is a repeat purchase

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search