Türkiye's home textile exports to Germany are facing headwinds, and the shipment volume may be lower than last year

Due to the economic challenges, Türkiye's home textile exports to Germany encounter headwinds, which may be lower than the export volume in 2021. Global high inflation and economic worries are hurting consumers' purchasing power, thus affecting the demand for non essential goods. Household textile exports of many countries, including Türkiye, declined. In 2021, Türkiye's export to Germany will reach 76.1958 million US dollars. The COVID years of 2020 and 2021 are considered as the golden age of home textiles. Due to the blockade and restrictions, consumers were forced to stay at home, and the demand for household textiles surged during the pandemic. As a result, shipments reached the highest level in the past five years. Exports jumped from US $610.564 billion in 2019 to US $7165.74 billion in 2020. Since the shipment volume in 2018 was USD 573.544 billion, they have maintained an upward trend. In 2017, the shipment volume was 685.424 billion US dollars. Türkiye exported 546.831 billion US dollars worth of household textiles to Germany in the first ten months of 2022.

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Prosperity report of China's cotton textile industry in November: the short-term impact of the epidemic is obvious, and the industry's development resilience continues to emerge

In November, the international environment became more complex and severe, the contraction of foreign demand further emerged, the domestic epidemic rebounded in a large area, and the "triple pressure" of demand contraction, supply shock and expected weakening increased, significantly restricting economic operation. From the perspective of the industry, the price of raw materials continues to remain weak, and enterprises mainly purchase just needed goods. Due to the frequent and widespread outbreaks of domestic epidemics, the production of enterprises slowed down, the market purchase and sales remained slow, the product inventory gradually increased, and the operating pressure continued to increase. From the terminal point of view, the demand has not improved significantly. Enterprises are cautious about the future market. In November, the prosperity index of China's cotton textile industry was 47.15, down 0.19 from October, lower than the critical point, and the industry prosperity level was slightly lower than last month. From the perspective of sub indexes, the seven sub indexes that constitute China's cotton textile boom index are all below the critical point.

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To be a "pioneer" in scientific and technological innovation of textile enterprises

Products are exported to Europe, the Middle East and other countries, through ISO9001:2000 international quality system certification. It is well received by many foreign friends. For a long time, the company has been committed to research and development, design, production, marketing and logistics in one of the home textile industry chain. The industrial chain covers a series of home textile products such as quilt cover, bed sheet, bed skirt, fitted sheet, bed cover, quilt core, blanket, pillow core, cushion, etc., making customers experience convenient one-stop purchase.

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