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Egypt's Textile Industry Is Facing Difficulties But Its Advantages Remain.

2013/6/24 21:18:00 14

Textile IndustryTextile EnterpriseEgyptian Textile Industry

< p > recently, Egypt's < a target= "_blank" href= "//www.sjfzxm.com/" > textile < /a > the situation of industrial development seems not optimistic. The Egyptian Gazette published an article saying that the deterioration of the Egyptian state's industrial development conditions prompted Egyptian textile workers to hold demonstrations. They believed that the government had failed to honor their commitment to supply raw materials to manufacturers, and had not played an effective role in protecting the development of the textile industry and saving the industry that was on the verge of collapse. Although only a few hundred people have taken part in the March, the Egyptian textile workers trade association has been threatened by workers, and there is expected to be a large-scale Egyptian textile workers strike in the future. The development of Egypt's textile industry has always played an important role in Africa. At present, the deteriorating development of the Egyptian textile industry has constantly worried the industry about whether the textile industry's development advantage is declining. What is the development of the Egyptian textile industry? < /p >
< p > < strong > the current development is facing difficulties. < /strong > < /p >
< p > at present, Egypt's "a href=" //www.sjfzxm.com/news/index_c.asp "textile factory" /a "closing number is rising rapidly, and this situation worsens, more cotton farmers turn to other crops. The Egyptian government has imposed tariffs on imports of raw materials, and many textile factories import raw materials from India and Pakistan. It is understood that over the past two years, about 30 thousand textile workers across the country have been unemployed. In addition, the development of Egypt's textile industry is facing difficulties because of the global economic downturn. Subject to the rising cost of imported raw materials and the decline in demand in the domestic market for "a target=" _blank "href=" //www.sjfzxm.com/ "> /a", some textile producers in Egypt are forced to close their manufacturing enterprises or reduce their industrial scale. A report released by the Egyptian Federation of investors shows that about 1500 enterprises in Egypt are either closed or reduced in size due to the continued economic crisis in the country. Muhamad Demusti, vice president of the Egyptian Ministry of textile industry and investor Association, also said that due to the economic crisis and the continued decline in the value of Egyptian money, about 40% of Egypt's cotton yarn and textile factories were closed. He believes that Egypt lacks proper incentives to support textile producers in the global market competition. Mohamed Karubi, President of the Mahala investment organization, said that about 40 large factories including Abu al-Sabaa and Fajar al-Mahala area have stopped their industrial operation and will have a negative effect on the production of textile yarn in Egypt. Fantas Saiya, President of Buhaira's investment organization, said nearly 100 small and medium-sized manufacturing industries, including the textile industry, failed because they could not get enough resources. < /p >
< p > < strong > industry superiority is still obviously < /strong > < /p >.
< p > despite the current development predicament, Egypt's unique geographical location, rich natural resources and a more complete textile industry chain still provide a solid foundation for the development of the Egyptian textile industry. < /p >
The geographical location of Egypt is superior to that of "a href=" //www.sjfzxm.com/news/ "> //www.sjfzxm.com/news/ /a > and the output of the products, which provides an unparalleled transportation convenience for other African countries. Cotton is the most important economic crop in Egypt. It is mainly made up of medium long staple cotton (35mm) and over long cotton (36mm). It is known as "national treasure" because of its long, smooth, and good toughness. It is the top quality material in the textile industry and has long enjoyed a high reputation in the world. In fiscal year 2010~2011, the area of Egypt's long staple cotton was 369 thousand. The annual output was about 400 thousand tons, and the total output of the world's total output was about 400 thousand tons (1 =6.3). Egypt exported cotton to more than 80 countries, and Egypt's fourth largest exporter of cotton was China, accounting for 12%. < /p >
Egypt's accession to the World Trade Organization in 1995 and its active participation in various bilateral and multilateral trade agreements. Egypt's accession to the regional trade agreement includes: Egypt - EU partnership agreement, greater Arabia free trade area agreement, qualified industrial zone agreement, East African common market, Egypt - Turkey free trade agreement and so on. Since the establishment of a partnership agreement between Egypt and the European Union in 2004, bilateral trade between the European Union and Egypt has increased by more than 1 times, reaching the highest level in 2011, rising from 1 billion 500 million euros in 2004 to 2 billion 300 million euros in 2011. In 2011, Egypt launched a tariff union with Russia, Belarus and Kazakhstan, and negotiations on free trade agreements with India. These free trade agreements provide policy support for the export of Egyptian textile products. < /p >
Besides the policy encouragement, the development of supporting industries in Egypt is also very perfect. < p > The Egyptian Textile Export Management Association (TEC) said: "in Egypt, we have more than 32 spinning mills, which provide acrylic yarn for different types of clothing, such as sweaters, blankets, socks, sportswear, handmade products, curtains and so on. Acrylic fiber products are exported to the Middle East, Europe, Africa and the Americas in addition to local consumption. Over the past 3 years, Egypt's acrylic fiber products and acrylic yarn have grown rapidly from Egypt. Egypt has an acrylic production base. It is the only high quality fiber base in the Middle East and the Middle East and North Africa, and exports more than 25 countries. For example, the production capacity of acrylic fiber in Alfaayhaa Group factory in Egypt is 38 thousand tons / year. < /p >
< p > < strong > Sino Egyptian textile trade can be < /strong > < /p >.
< p > in recent years, China and Egypt's < a href= "//www.sjfzxm.com > > the textile industry < /a > frequent trade. According to the statistics of China Customs, in 2012, China exported a href= "//www.sjfzxm.com" > textiles > /a > clothing to a total of 2 billion 570 million US dollars, an increase of 32.9% over the same period, of which 58% of clothing exports accounted for 42% of textile exports. China imported less yarn, fabrics and clothing from Egypt, amounting to $22 million, an increase of 20% over the same period. The main products are carpet, accounting for 51%, total 11 million 600 thousand US dollars, and imported cotton 49 million 600 thousand US dollars, down 43% over the same period last year. < /p >
< p > the Shandong Huafang Limited by Share Ltd, designated by the national textile product development center as the "printing and dyeing product development base", has an annual capacity of 200 million meters. It is a large textile enterprise, and its products are exported to various African countries. "At present, the development of the African market is not very stable, and the Egyptian trade market is relatively stable," said Guo Guo, head of the company. Huafang exports about 36 million meters of fabric to Africa every year, mainly batik products, of which 17% of clothing materials, about 6 million meters, exports to Egypt accounted for about 3% of the total fabric. Guo said that the proportion of Chinese textile exports to Egyptian textiles in the total export volume of the company is relatively small, and is now at the stage of market exploration. < /p >
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