Interviews
Textile industry looks at 2008 with prudent optimism
06 Jun '08
3 min read
The Spanish market may follow this trend with a downturn in family consumption and a significant recession in the house building industry.
Demand outside the EU will retain its positive tone, although the exchange rate of the Euro may prove an important obstacle to achieving greater shares in these markets.
Nevertheless, Spanish companies are facing up to the future with a certain amount of optimism, proof of which can be found in the following:
Important investment in the modernisation of production machinery and installations for woven materials and fabrics, with levels comparable to those of other European countries; new advances in finishes; innovations in new products and increased international trading in general, which has allowed Spanish companies to achieve record figures in exports and maintain an active presence on the leading world markets.
Companies are currently concerned by the rise in energy costs. They consider it difficult to transfer these to sales prices, given the enormous competition existing on the market and the fact that this would have a negative effect on the companies' development in the medium term.
Demand outside the EU will retain its positive tone, although the exchange rate of the Euro may prove an important obstacle to achieving greater shares in these markets.
Nevertheless, Spanish companies are facing up to the future with a certain amount of optimism, proof of which can be found in the following:
Important investment in the modernisation of production machinery and installations for woven materials and fabrics, with levels comparable to those of other European countries; new advances in finishes; innovations in new products and increased international trading in general, which has allowed Spanish companies to achieve record figures in exports and maintain an active presence on the leading world markets.
Companies are currently concerned by the rise in energy costs. They consider it difficult to transfer these to sales prices, given the enormous competition existing on the market and the fact that this would have a negative effect on the companies' development in the medium term.
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