Search Results for: Turkey
10 results out of 1024 results found for 'Turkey'.

TÜRKIYE DAIRY PRODUCTION FALLS AS INDUSTRY STRUGGLES WITH INFLATION AND DEPRECIATING LIRA
TECHNICAL TEXTILES MANUFACTURING INDUSTRY STARTS TO EMERGE IN AFRICA
The manufacture of technical textiles is in its nascency across North Africa, even more so in sub-Saharan Africa, with the continent having long been considered a low-cost, cut-and-sew destination rather than a production hub for value-added items. But due to the trend by European and US brands for near-shoring and diversification away from east Asian production, and the ambitions of certain African countries to develop a full manufacturing chain, the potential for making technical textiles in Africa is gradually emerging.…
DYEING AND FINISHING STRUGGLING IN EGYPT, AFRICA’S LARGEST TEXTILE PRODUCER
Dyeing and finishing capabilities in Africa’s largest textile producer, Egypt, are being undermined by government import and foreign currency restrictions, forcing manufacturers to use roundabout means to source raw materials, say industry critics. Sectoral development is also being impacted by the drop in investment in the wake of the Covid-19 pandemic and a downward slide in orders since the middle of this year (2022).…
BREXIT WORSENS UK CLOTHING SECTOR IMPACT OF ONGOING RECESSION
With the Bank of England predicting Britain will be mired in recession until 2024 H2, the country’s clothing industry has been left considering how much worse this UK slump will be because of Brexit. The central bank has been focusing on more recent challenges – saying that “high energy prices and materially tighter financial conditions” (through interest rate increases fighting inflation) “will weigh on spending”.…
EGYPT LOOKS TO FIRM UP LOCAL SUPPLY CHAIN AS IT EYES FUTURE CLOTHING SALES IN EUROPE AND AMERICA
The Egyptian garment and textile sector has rebounded from the dip caused by the Covid-19 pandemic, with orders returning in 2021 and exports strong in the first half of 2022. Sluggish consumer demand in the country’s primary export markets of the USA and Europe has however seen orders weaken over the past third 2022 quarter.…
EGYPT DEVELOPS KNITWEAR SECTOR FROM NICHE TO SIGNIFICANT EXPORT PLAYER
Egyptian knitwear manufacturers have profited from strong international demand over the past two years, being able to tap into the diversification and nearshoring trend of US and European buyers wanting to avoid over-reliance on Asian sourcing, especially in China. However, export sales have slowed since the summer as consumer sentiment has weakened in key overseas markets, which has caused a hiatus in further investment by some manufacturers.…
IRAN’S ROCKY BUT REWARDING COSMETICS MARKET
In recent years, Iranians have been driving growth in the Middle East’s cosmetics market, but worsening economic and political developments in Iran have restricted this growth. That has not deterred some personal care product companies, however, who continue to prosper in the country, whose market of 84 million people has significant potential.…
CHINA NONWOVENS SECTOR DIGITISES PRODUCTION, BUT UNEVENLY, SAY EXPERTS
China’s nonwovens industry is preparing for ongoing long-term growth, bolstered by increasing demand for nonwovens globally and inspired by the drive for digitisation within the country, to improve manufacturing productivity and efficiency. With support from national government policy and initiatives to boost digitisation in nonwovens manufacturing, industry majors and small-and-medium-sized business owners alike are pursuing greater use of industry 4.0 tech, noted the Europe-China Eco Cities Link Project, a project backed by the European Union (EU) and the Chinese government [1].…
EU REGULATORY ROUND UP – HUNGARY THREATENED WITH LOSS OF EUR7.5 BILLION EU FUNDS OVER GRAFT CLAIMS
The European Commission has bitten the bullet and for the first time has imposed a major financial penalty on a European Union (EU) member state that it considers so corrupt, its handling of EU funds cannot be trusted. That country is Hungary, run by the populist right-wing government of Prime Minister Viktor Orbán, where the EU executive on September 19 proposed suspending EUR7.5 billion in EU funding.…
INTERNATIONAL BODIES COMBINE WITH TECH DEVELOPERS TO FIGHT FOOD FRAUD
Fraud is sometimes downplayed as a ‘victimless crime’, especially when companies are the direct victims. While that is obviously untrue, frauds associated with food that can directly harm consumer health give the lie to this statement. It is one reason why food fraud is a clear priority problem for international policy makers.…