Home / Knowledge / News / Textiles / T&C exports will witness full recovery by mid-2010 - Expert
T&C exports will witness full recovery by mid-2010 - Expert
06
Oct '09
Turkish textile and apparel exporters are expecting the pressures of slowdown to ease in mid-2010, as positive signs, though marginal are visible in global economies across the overseas markets serviced by the industry in Turkey.

Chairman of Mediterranean Ready-Wear and Textile Exporters Association, Mr Tarik Bozbey said that the severity of the slowdown has begun to decline and the negative growth rate in exports from Turkey were much slower than those from other countries.

He noted that export levels have declined by 30 to 60 percent throughout the world but that this figure is between 15 and 30 percent for Turkey. The decrease in exports was greater in some regions of Turkey, while other regions enjoyed a relatively slighter drop.

The biggest sign of recovery was the consumption pattern noticed in the consumption of energy. He said that, energy use had reached its bottom during the initial months of the crisis, but was now, reaching levels, seen in the period, before the crisis exploded last September.

He drew the attention to the contribution of textile and apparel exports form Turkey and said that despite the fact that, automobiles stood first in export revenue, imports from the sector were the highest, while in case of the textile sector; net value added was the highest.

Fibre2fashion News Desk - India

Must ReadView All

Neelesh Hundekari speaking at the event. Courtesy: Subir Ghosh

Textiles | On 27th May 2017

Fabric of Change initiative announces €250000 scaling fund

The Fabric of Change initiative of Ashoka and the C&A Foundation is...

Pakistan's Finance Minister Mohammad Ishaq Dar presenting Budget 2017-18 in National Assembly in Islamabad on May 26. Courtesy: PID, Pakistan

Textiles | On 27th May 2017

Pakistan Budget 2017-18 proposes 4 new measures

To support the textile sector in Pakistan, finance minister Mohammad...

Textiles | On 27th May 2017

Indian exports can touch $325 bn in 2017-18: FIEO

Indian exports are on upward trend in last few months as the country...

Interviews View All

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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