Export

Bangladesh Garment Exports Lag Behind Asian Competitors

Textile Insights April 30, 2024

Apparel exports from Bangladesh have witnessed a drop in both value and volume to the EU and the US in the first two months of 2024. While, China and Vietnam both reported single-digit growth in terms of value and volume of garment exports to the US, Bangladesh has recorded double-digit

Cotton

Chinese Refined Cotton Exports Touch Historic High In March

Textile Insights April 30, 2024

Chinese refined cotton exports reached a historic high in March 2024, when the monthly export volume exceeded 10 kilo tons for the first time. Exports of refined cotton amounted to 10,701 tons, a massive increase of 41.47 percent year over year and a significant rise of 60.08 percent month-on-month. The average export price was $1,537 […]

Dyes & Chemicals

Speciality Chemicals Producer Evonik Opens India Research Hub

Textile Insights April 30, 2024

German manufacturer of specialty chemicals Evonik inaugurated its new office and R&D premises in Thane, India. The inauguration ceremony was attended by the Consul General of the Federal Republic of Germany in Mumbai, Evonik global management representatives, and members from the Evonik India team. The Evonik India Research Hub (EIRH) marks a significant milestone in

Sustainability

Vietnamese Garment Sector Lags Competitors In Turning Green

Textile Insights April 30, 2024

Although global orders for Vietnamese apparels has improved since the start of this year, experts aver that the industry is slower in going green when compared with its competitor Bangladesh. For example, Bangladesh has up to 153 garment factories which have bagged LEED certifications and there are 500 more factories which have applied for this […]

Fibre

Chinese PSF Exports Decline 7.1% In First Quarter Of 2024

Textile Insights April 29, 2024

Chinese polyester staple fibre (PSF) exports in the first quarter of 2024 reached 279 kilo tons, down 7.1 percent over the same quarter of the previous year. While, PSF exports totaled 112 kilo tons in March 2024, up 4.9 percent year on year and an impressive 60 percent month on month and in doing so […]

Cotton

Punjab’s Cotton Output Soars Despite Lower Acreage In 2023-24

Textile Insights April 29, 2024

Despite having the lowest-ever area under cotton cultivation during the 2023-24 season, Punjab has witnessed a notable increase in production of cotton compared to the previous season. Even as the area under cotton has decreased by 80,000 hectares compared to the previous year, Punjab has recorded significant gains in yield per hectare. Punjab’s cotton production […]

Export

Iranian Imports Of Textiles & Apparels Up 12% In Earlier Fiscal

Textile Insights April 29, 2024

Iran imported textiles and apparels amounting to US $2.2 billion between March 21, 2023 and March 19, 2024, a growth of 12 percent as against its previous fiscal. The main countries which exported to Iran include the United Arab Emirates (UAE), China and Turkey in the fiscal. On the other hand, Iran exported around $500 […]

Export

US Trade Bodies Oppose Tariff Hike In Apparel Imports

Textile Insights April 29, 2024

Four US retail and fashion bodies are opposing a proposal to hike tariffs on apparel imported from various Asian countries, since the end consumers will have to bear the brunt of resultant hike in clothing prices. These four trade bodies include the American Apparel and Footwear Association, the National Retail Federation, the Retail Industry Leaders […]

Cotton

Organic & Regenerative Cotton Farming In Egypt Reports Progress

Textile Insights April 29, 2024

Performance fabric manufacturer Ventile has made further progress in an ongoing joint venture that supports organic and regenerative cotton farming in Egypt. Efforts of Ventile and Egyptian Biodynamic Association (EBDA) to create a chemical-free soil environment at two farms located in the Nile Delta region of Egypt have been a success. They said that independent […]

Cotton

Indian Cotton Exports Soar 137% Between October & March

Textile Insights April 27, 2024

India’s cotton exports during the October-March period of the 2023-24 season have soared significantly by 137 percent to 18 lakh bales as against just 7.59 lakh bales in the similar six-month period last season. This was informed by the Cotton Association of India (CAI) in its latest estimates report. India’s cotton exports for the 2022-23 […]