Home / Knowledge / News / Textiles / New orders for textiles & chemicals industry drop in October
New orders for textiles & chemicals industry drop in October
23
Dec '08
In October 2008 compared with September 2008, the euro area (EA15) industrial new orders index fell by 4.7%. In September the index decreased by 5.4%. In the EU27 new orders declined by 6.3% in October 2008, after dropping by 5.2% in September. Excluding ships, railway & aerospace equipment4, for which changes tend to be more volatile, industrial new orders fell by 3.8% in the euro area and by 6.3% in the EU27.

In October 2008 compared with October 2007, industrial new orders decreased by 15.1% in the euro area and by 17.9% in the EU27.

These estimates are released by Eurostat, the Statistical Office of the European Communities.

In October 2008 compared with September 2008, new orders for chemicals & chemical products fell by 0.7% in the euro area and by 2.8% in the EU27.

Textiles & textile products fell by 3.2% in the euro area and by 2.4% in the EU27.

Machinery & equipment dropped by 6.5% in the euro area and by 12.6% in the EU27. Transport equipment decreased by 9.4% and 10.2% respectively.

In October 2008, among the Member States for which data are available, total manufacturing working on orders fell in eighteen, and rose only in Ireland (+10.0%) and Denmark (+2.7%). The largest decreases were recorded in Latvia (-20.2%), France (-11.3%), the Czech Republic (-10.7%) and Bulgaria (-10.1%).

In October 2008 compared with October 2007, new orders for chemicals & chemical products grew by 0.6% in the euro area, but fell by 0.5% in the EU27. Manufacturing of textiles & textile products fell by 14.9% and 14.0% respectively. Machinery & equipment declined by 16.6% in the euro area and by 16.5% in the EU27. Transport equipment dropped by 33.3% and 37.8% respectively.

Eurostat


Must ReadView All

Indian govt relaxes cabotage rule for cotton transport

Textiles | On 25th May 2018

Indian govt relaxes cabotage rule for cotton transport

The Government of India has relaxed cabotage rules for transportation ...

Courtesy: Teejay Lanka

Textiles | On 25th May 2018

Teejay Lanka doubles production capacity at Indian mill

Teejay Lanka, one of Sri Lanka’s largest textile manufacturers, has...

Courtesy: Messe Frankfurt/Yarn Expo Autumn edition

Textiles | On 25th May 2018

Yarn Expo Autumn 2018 scheduled earlier

Over 500 exhibitors are expected at the Yarn Expo Autumn 2018, being...

Interviews View All

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Kamal Kulshreshth

Colorjet is among the fastest-growing wide format digital inkjet print...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Marten Alkhagen
Swerea IVF AB

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

Johan Berlin
InvestKonsult Sweden AB

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search