The Technical Center for Textiles revealed that Tunisia, the ninth exporter of clothing and textiles to the European market, can raise its export revenue to this market by more than 25 percent by the end of 2022, to reach about 2,300 million euros.
The Technical Center for Textiles and Clothing, in its analysis of the data of the European Commission’s operating department in charge of economic statistical information, “Eurostat”, indicated that this figure remains subject to continuing the same current pattern of export and the implementation of a number of operations.
Tunisia needs to develop a program to accompany investors and decision-makers in a way that enables them to benefit from available opportunities, preserve gains in the short term, and improve related services for the benefit of exporting institutions, such as logistics and customs services.
The analysis also shows the need to further reduce delivery deadlines and speed up reaching a bilateral agreement with the European Union through the application of the article related to the simple transfer of a five-year quota.
Tunisia’s exports increase in the first quarter of 2022 by 21.67 percent
The value of Tunisia’s exports to the European Union amounted to 572.7 million euros during the first quarter of 2022, an increase of 21.67 percent compared to the same period in 2021.
These results indicate the ability of industrial enterprises to respond to international demand in terms of quality, interactivity, flexibility, deadlines, and exploit opportunities provided by foreign markets.
The value of Tunisian exports of clothing in the first quarter of 2022, constitutes about 31 percent of the total turnover of clothing exports to the European Union, which Tunisia achieved during 2021, which indicates a good return during 2022, which may be an exceptional year for the sector in Tunisia, according to the source. same.
The Tunisian clothing market witnessed the return of the brand “Calcedonia”, which is among the leading European brands, and has 5,500 stores distributed in 53 countries, in the manufacture of products such as swimwear and others… This brand has confirmed the construction of two huge factories in Tunisia, which will allow Creating 1000 jobs based on the same data.
Also, about 40 percent of European order takers, whose production is based in Asia, have intentions to redirect routes that supply them to neighboring countries and to make expansions and new investments by sector institutions.
Double-digit growth rates for all EU providers.
During the first quarter of 2022, most of the European market suppliers of clothing achieved a double-digit growth in their exports.
China remains at the forefront of Europe’s suppliers, with a growth rate of 28.87 percent of its exports compared to the first trio of 2021, and even surpassed the positive results recorded in 2019 by 12.29 percent.
Bangladesh’s exports recorded a growth of 51.42 percent to make the textile and clothing industry the cornerstone of its economy, and established itself as a major player in the world of fast fashion and made best use of the differential agreement with the European Union. From 2022 compared to the same period in 2021 by 24 percent, exceeding the percentage known in 2019.
It is noteworthy that Turkey has very attractive advantages that would improve the competitiveness of the textile and clothing sector, according to the Technical Center for Textiles and Clothing. The Center mentioned the importance of the customs union with the European Union regarding the application of the article related to the simple transfer of exports to the European market and the noticeable decline in the exchange rate of this country’s currency against the dollar and vertical integration For the textile and apparel industries and to control the elements of value chains.
Morocco’s textile exports to the European market grew by 30.97 percent during the first quarter of 2022, compared to the same period in 2021, and the results of 2019 exceeded 9.53 percent. Morocco’s exports recorded a remarkable growth during the first quarter of 2022, by 30.97 percent. compared to the three months of 2021, exceeding the value of exports in 2019 (more than 9.53 percent).
The rest of the Asian suppliers recorded a double-digit increase during the first quarter of 2022, compared to the same period in 2021, while India, Cambodia, Indonesia and the Philippines did not prepare for the results achieved in 2019.
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