Home / Knowledge / News / Textiles / Spanish textile industry turnover declines 8% in Nov'13
Spanish textile industry turnover declines 8% in Nov'13
21
Jan '14
The turnover of the Spanish textile industry declined by 8 percent year-on-year in the month of November 2013, as per the Industrial Turnover Indices (ITI) data released by the National Statistics Institute (INE) of Spain. 
 
The ITI in the manufacture of apparel sector for the month of November also incurred a decrease of 17.8 percent, compared to the same month in 2012.
 
The ITI of the overall Spanish industry, for the month of November 2013, registered a fall of 3.4 percent, compared to the same month in 2012. The ITI recorded in November is one point lower than the ITI registered in October 2013.
 
According to the INE data, sub-sector wise, the highest decline in ITI was registered in the preparation and spinning of textile fibres, manufacture of woven textiles and textile finishing, which recorded a dip of 13 percent year-on-year in the month of November 2013, whereas the ITI in the manufacture of knitted fabrics, carpets, rope, nonwoven fabrics, textile products for technical and industrial use as well as other textile products incurred a fall of 3.9 percent during November, compared to the same month in 2012.
 
Meanwhile, as per the New Orders Index (IEP) data from INE, Spanish textile industry’s IEP recorded a surge of 10 percent year-on-year in the month of November 2013, whereas the IEP of the manufacture of apparel sector plunged by 14.2 percent during the month of November, compared to the same month in 2012.
 
Sub-sector wise, the IEP in manufacture of knitted fabrics, carpets, rope, non-woven fabrics, textile products for technical as well as industrial use and other textile products registered the highest increase with 13.2 percent year-on-year in the month of November 2013, followed by preparation and spinning of textile fibres, manufacture of woven textiles and textile finishing which recorded a rise of 10.5 percent in the month of November, compared to the same month in 2012.
 
The IEP of the overall Spanish industry saw a decline of 5.1 percent in the month of November 2013, which is one and half point below the IEP registered in the month of October 2013.
 
The ITI measures the evolution of the prices of the industrial products sold in the foreign market, and of those originating in the rest of the world, whereas the IEP measures the monthly evolution of the future demand aimed at the industrial branches.
 

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search