Home / Knowledge / News / Textiles / German textile machinery sales to fall 3% in 2012
German textile machinery sales to fall 3% in 2012
23
Nov '12
German manufacturers of garment, leather technology and textile cleaning machinery are anticipating a slight drop in sales of 3 per cent in real terms for 2012 compared to 2011. A turnover increase of 4 per cent in real terms is forecast for 2013.

“2012 was a stable transitional year for the Garment and Leather Technology Association. For 2013 we are expecting an increase in turnover, particularly if global conditions improve.

“The unexpectedly clear outcome of the presidential election in the USA is already the first step in the right direction,” explained the trade association’s chairman Tilo Ullmer, owner and managing shareholder of PMF GmbH in Schweix and FORTUNA Spezial Maschinen GmbH in Weil der Stadt, during the VDMA trade association’s general assembly on 16 November in Berlin.

Within the VDMA Textile Machinery Association, the Garment and Leather Technology Association encompasses sewing and garment machinery, shoe and leather technology, laundry and textile cleaning machinery and machinery for processing technical textiles. In 2011 the volume of production stood at 510 million euros.

With regard to orders received, the Garment and Leather Technology Association reported a decrease of 23 per cent in real terms in September 2012, compared to the same month last year. In the period from January to September, which was less influenced by short-term fluctuations, the figure was down by 9 per cent.

This was divided up over the sub-industries as follows – Sewing and garment machinery in September: a minus of 58 per cent, January to September: a minus of 33 per cent. Machinery for the shoe and leather industry in September: a minus of 12 per cent, January to September: a minus of 29 per cent. Laundry and textile cleaning machinery in September: a plus of 16 per cent, January to September: a plus of 12 per cent.

“The expectations in the garment and leather technology sector could not be met in 2012. Unfortunately the general reluctance of customers to invest, particularly in the clothing and shoe production segments, is actually globally more pronounced than anticipated.

“Only the USA and the global production of technical textiles have been relatively unaffected as yet. With this, the uncertainty of the ailing economy in China and the euro crisis is increasingly spreading to the manufacturers and consumers. A cautious increase in the number of orders and also in turnover can be predicted for 2013. But the global economic conditions have to stabilise or improve in order for this to happen,” added Elgar Straub, Managing Director of the Garment and Leather Technology Trade Association within the VDMA.

Investments are on the agenda

“Considerable structural changes in China, the most significant market for clothing manufacturers, as well as shorter response times are leading to the production sites being relocated closer to the end consumer markets,” continues Straub.


Must ReadView All

Pic: OECD

Apparel/Garments | On 26th Mar 2019

Footwear, clothing among top fake goods seized: OECD-EU

Trade in counterfeit and pirated goods has risen steadily in the last ...

LCCI cautions govt over forex ban on textile imports

Textiles | On 26th Mar 2019

LCCI cautions govt over forex ban on textile imports

The recent Central Bank of Nigeria (CBN) decision to exclude the...

Cambodia's Groupin gets $5 mn for expansion plans

Apparel/Garments | On 26th Mar 2019

Cambodia's Groupin gets $5 mn for expansion plans

Cambodia-based private equity firm Belt Road Capital Management...

Interviews View All

Top executives, Retailers

Top executives
Retailers

Weak rupee breeds inflation

Anavila Misra, Anavila Collection

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Dinaz Madhukar, DLF Emporio and DLF Promenade

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Himanshu Jariwala,

Himanshu Jariwala

J Korin started as a partnership firm with four powerlooms in the textiles ...

C Dhandayuthapani,

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Rikesh Mistry,

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Isabel Herranz, European School of Business & innovation

Isabel Herranz
European School of Business & innovation

Cutting-edge ideas like the Internet of Things and artificial intelligence ...

Luis Quijano, Liberty University

Luis Quijano
Liberty University

Focusing on bold patterns and colour palettes, Luis Quijano, a student at...

Giulio Cesareo, Directa Plus SpA

Giulio Cesareo
Directa Plus SpA

Established in 2005, Direct Plus SpA, is one of the largest producers and...

Mike Hoffman, Gildan Activewear SRL

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Yash P. Kotak, Bombay Hemp Company

Yash P. Kotak
Bombay Hemp Company

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

Bani Batra,

Bani Batra

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

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


March 2019

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

news category


Related Categories:

Advanced Search