The series is over. The decline in exports suddenly put an end to the recovery streak that the textile industry had managed to achieve for two years. After the hard blow of the epidemic. And the sector’s sales in the Community consist largely of the cluster formed by the l’Alcoià and El Comtat districts of Alicante and the Vall d’Albaida district of Valencia, Reached 2 billion 230 million euros, down 2% in the last financial year. Hidden behind this decline is the decline in consumption as a result of inflation at the European level, which has led to reasonable concern among companies. And it’s all inside An important week for companies participating in the Frankfurt fair, the most important international event of the sector.To investigate the situation in which international markets find themselves.
The health crisis created by the outbreak of the coronavirus had a significant impact on textiles, but the degree of impact was on a neighborhood basis. Therefore, some sub-sectors, such as the household sector, have managed to partially weather the storm caused by the quarantine and the impossibility of travel. Many people will prefer to renew the curtains, sofas or bedding in their home.. On the other hand, companies that had committed to “contracting” or something equivalent to hotel or restaurant fabrics that were closed as a precaution to stop infections faced a situation that was more than complicated. As a result, after the downturn in 2020, the sector managed to combine two years of continuous growth with a line that will not be able to continue in 2023.
Pepe Serna, President of the Association of Textile Entrepreneurs of the Valencian Community (Ateval), emphasized that the year was closed with a decrease in sales due to bad behavior in foreign trade. Exports decreased by 3.4 percent and reached 1 billion 66 million euros. “He emphasizes that inflation does a lot of damage, because obviously people have less money to consume, and besides, ours is not a basic necessity product, so it can be given up more easily than others.” The national market, however, could not compensate for the decline in foreign sales.because it remained stagnant.
It just so happens that, unlike what happened in the pandemic, One of the sub-sectors that experienced the biggest decline last year was the household sector.It is this that has a larger presence, as well as spinning, in the Alicante regions. Serna said this decline in sales, after two years of steady recovery, It caused reasonable concern in the industry, but also clarified that it does not jeopardize the future of companies for now.
This scenario is recorded just this Tuesday when the Heimtextil fair in Frankfurt, which is internationally recognized as the most important event of the industry due to its great power to attract people, begins. Not for nothing, more than 80,000 professional visitors from all over the world are expected to pass through and will have the opportunity to see the latest developments in the industry. 94 Spanish companies will participate, 59 of which belong to the Valencian Community. Pepe Serna explains that the event will serve to investigate the situation of the markets for the new year.
Carlos Mazón confirms presence in the German market
Generalitat president Carlos Mazón confirmed that he will be at the Heimtextil fair in Frankfurt next Thursday, stating that his aim is “to support the commitment of a strategic sector of the Valencian Community to innovation and exports”. It does a great job of bringing the quality and excellence of its products to every corner of the world. The Consell president underlined the broad presence of participants from the Community, emphasizing the companies’ efforts to “presence in international markets to continue to grow and create jobs” in cooperation with the Generalitat.
Source: Informacion
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