Spanish textile industry turnover rises 8.7% in Sept'13

16 Nov '13

2 min read

The turnover of Spanish textile sector increased 8.7 percent year-on-year in the month of September 2013, as per the Industrial Turnover Indices (ITI) data released by the National Statistics Institute (INE) of Spain. The ITI in the manufacture of apparel sector for the same month also rose 9.7 percent in September, compared to the same period last year.

However, the ITI of the overall Spanish industry for the month of September declined by 3.4 percent year-on-year.

According to the INE data, sub-sector wise, the ITI in the manufacture of knitted fabrics, carpets, rope, nonwoven fabrics, textile products for technical and industrial use as well as other textile products was the highest, which surged by 14.9 percent year-on-year in the month of September, whereas the ITI in preparation and spinning of textile fibers, and manufacture of woven textiles, textile finishing, also registered an increase of 1.2 percent year-on-year, during the same month.

Meanwhile, as per the New Orders Index (IEP) data from INE, Spanish textile industry’s IEP increased by 7.1 percent in the month of September 2013, compared to the same period last year. However, the IEP in manufacture of garments plunged during the same month by 5.8 percent year-on-year.

Sub-sector wise, the highest IEP was again recorded in the manufacture of knitted fabrics, carpets, rope, nonwoven fabrics, and textile products for technical and industrial use as well as other textile products, with a rise of 15 percent year-on-year in September.

However, the IEP in the preparation and spinning of textile fibers, and manufacture of woven textiles, textile finishing sector dipped by 2.2 percent in the month of September, compared to the same period last year.

Fibre2fashion News Desk - India

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