Home / Knowledge / News / Textiles / Egypt's cotton exports fell 42% in Q1 2013-14: CAPMAS
Egypt's cotton exports fell 42% in Q1 2013-14: CAPMAS
09
Apr '14
The exports of cotton from Egypt declined by 42 percent in the first quarter of the agricultural season 2013-14, according to the data from the Central Agency for Public Mobilization and Statistics (CAPMAS).
 
Egypt exported 79,600 quintal of cotton during September-November 2013 period compared to exports of 137,400 quintal made during the same period last year, CAPMAS said in its latest quarterly newsletter. CAPMAS attributed the drop in cotton exports to an increase in prices of Egyptian cotton.
 
According to the quarterly bulletin, the amount of ginned cotton reached 526,500 quintal during the three-month period, as against 415,400 quintal of ginned cotton during the same period of the previous season, showing an increase of 26.7 percent, due to an increase in cotton production.
 
Meanwhile, the total amount of cotton consumed by domestic enterprises reached 97,300 quintal during the quarter versus 415,800 quintal cotton consumed during the same period of the previous season, showing a decline of 76.6 percent. CAPMAS attributed this decline in domestic cotton consumption to closure of some ginneries.
 
During the quarter under review, Egypt imported 247,300 quintal of cotton, showing a substantial increase of 1237.9 percent over 18,500 quintal of cotton imported during the corresponding period of the previous season. The decrease in prices of imported cotton was the main reason for the substantial increase in imports, which filled the shortage of cotton in the domestic market, the press release said.
 

Fibre2fashion News Desk - India


Must ReadView All

Pakistan govt notifies 50% duty drawback on exports

Textiles | On 21st Oct 2017

Pakistan govt notifies 50% duty drawback on exports

The Pakistan government has notified the ‘Duty Drawback of Taxes...

Ghana sets up task force to clamp down on textile piracy

Textiles | On 21st Oct 2017

Ghana sets up task force to clamp down on textile piracy

Ghana’s ministry of trade and industry has set up a taskforce to...

Courtesy: Coach

Fashion | On 21st Oct 2017

US company Coach to change name to Tapestry from Oct 31

Coach Inc., a New York-based house of modern luxury accessories and...

Interviews View All

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Johan Berlin
InvestKonsult Sweden AB

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Silke Brand-Kirsch
Schlegel und Partner

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Robert Brunner
Devereux

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

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

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

October 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
76.8%
No
13.0%
Skip
10.1%

Total Votes: 69

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
62.3%
No
27.5%
Skip
10.1%

Total Votes: 69

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
85.5%
No
10.1%
Skip
4.3%

Total Votes: 69

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
75.4%
No
11.6%
Skip
13.0%

Total Votes: 69


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