Composite Fabric,bonded fabric,Lamination Fabric Lamination Fabric News Italian textile and fabric industry revenue reaches 100 million euros

Italian textile and fabric industry revenue reaches 100 million euros



According to statistics from ConfindustriaModa, the Italian Federation of Industrial Industries, the total revenue of the Italian textile and fabric industry in 2022 will reach 8.1 billion euros, an increase of…

According to statistics from ConfindustriaModa, the Italian Federation of Industrial Industries, the total revenue of the Italian textile and fabric industry in 2022 will reach 8.1 billion euros, an increase of 32.4% compared with 2021; the output value will reach 6 billion euros. It also increased by 29.5% compared with 2021. The above two data not only exceeded the industry performance in 2019 before the epidemic, but also marked the industry’s best revenue performance in six years. The momentum for industry growth comes from strong demand in foreign markets and domestic markets. The total export volume reached 4.5 billion euros, an increase of 31.9% compared with 2021, and the trade surplus was 2.2 billion euros, which has reached the industrial performance before the epidemic.

MILANOUNICA is an important exhibition for the Italian textile and fabric industry and one of the important trade exhibitions for the global fashion and textile fabric industry. It will be held from January 31 to February 2, 2022. Held for 3 days at Rho Fiera Milano, the Milan Exhibition Hall, it is the 36th edition. A total of 475 Italian and international exhibitors participated in the exhibition to showcase the latest technologies in the textile industry and various exquisite fabrics and fashion trends.

The main export destinations of Italian textile fabrics are France, Germany, and China. The growth of the above three countries exceeds 30%, followed by Romania, Tunisia, and Spain. If analyzed in terms of growth rate, Tunisia and Turkey have the top two with the highest growth rates, 75.5% and 74.6% respectively. In recent years, due to the epidemic, the industrial supply chain has been adjusted to neighboring countries. Tunisia, Turkey, and Romania are the emerging textile OEM countries that have replaced production bases in Southeast Asia. Since the production costs are similar to those in Southeast Asian countries, they are most popular with the European textile industry.

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Author: clsrich

 
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