Home / Knowledge / News / Textiles / Organic wool may change face of industry
Organic wool may change face of industry
Aug '08
The textile industry of Uruguay is in for a boom due to a strong global demand for organic wool and the readiness of consumers to pay a bonus for it.

Mr Pedro Otegui, one of the leading wool and textile exporters of the country, noted during a conference in the framework of the opening week of the 2008/09 wool clip season that this was “a great challenge for Uruguay” and that the industry must seize this opportunity to cater to a market that is likely to increase to over 1.5 billion people.

“Consumers are increasingly demanding quality and relieved that what they are buying does not alter or cause harm to the environment”, said Otegui, who strongly believes that this growing demand for organic wool would bring about some major changes in wool farming and industrial processes of textiles.

Companies in the business are hoping to receive an organic industrial license which would serve as a necessary certification to a market that is willing to pay extra bonus. As such, it is also hoped that in a short period of time, the country would be able to supply the world with Uruguayan wool stamped with the organic seal.

However, there are also some major problems facing the wool sector. Although it was recently announced that the 2008-09 clip is likely to reach 42 million kilos, farmers and other representatives from the textile industry expressed fear about the falling competitiveness, soaring costs, adverse exchange rate and a burdensome tax reimbursement system.

The country is set to have an annual turnover of $360 million but experts have suggested for the elimination of a 1 percent sheep sales tax collected by the regional Governments.

Even Mr Otegui asserted that “the meager value of US dollar, increase in taxes, public utility rates and a lowering of the tax reimbursement system are increasingly punishing sheep farming and industry. And this is particularly intense when all the production is exported and there's no domestic market to help absorb and also an unprecedented appreciation of the peso.

Some of the recent decisions taken by the Government are so unrealistic that a large number of farmers have been forced to abandon their activities in the wool industry and relocate in to better and prosperous undertakings.

It is therefore quite clear that unless adequate policies are adopted by the central authorities for uplifting the industry, high global demand or even a premium price would not help fetch the required growth.

Must ReadView All

(L-R) Mr Shao Bojin, Chairman of Jihua Group and Mr Rohit Aggarwal, President of Huntsman Textile

Textiles | On 28th Oct 2016

Huntsman gets into strategic partnership with Jihua Group

Huntsman Textile Effects, the leading provider of high quality dyes...

Marzoli FT6D roving frames in Sintex’s Unit 2. Coutresy: Marzoli

Textiles | On 28th Oct 2016

Marzoli roving frames erected at Sintex textile division

A total of 48 Marzoli roving frames were erected in units I, II and...

Courtesy: Polartec

Textiles | On 28th Oct 2016

Polartec innovates most breathable waterproof fabric

Polartec, the premium provider of innovative textile solutions, has...

Interviews View All

Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Nuno Venda

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Yash P. Kotak
Bombay Hemp Company

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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

October 2016

October 2016

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


Browse Our Archives


Advanced Search