The most recent information from Countrywide Cotton Council economists reveals US cotton acreage is projected to be down 170{5e37bb13eee9fcae577c356a6edbd948fa817adb745f8ff03ff00bd2962a045d} on previous year to 11.4m acres. While output charges remain elevated, cotton harvest-time futures price ranges are at the moment 16.5{5e37bb13eee9fcae577c356a6edbd948fa817adb745f8ff03ff00bd2962a045d} much less than a year back and the costs of […]
Year: 2023
Textile and Apparel Imports See Mixed Results
Imports of textiles and apparel continued to show mixed results in December, according to statistics from the Department of Commerce’s Office of Textiles and Apparel. For more information on trade-related issues affecting textiles and apparel, please contact ST&R’s textile and apparel practice leader Elise Shibles at (415) 490-1403 or via email. Click here […]
The State of Global Textile Sourcing
As world commerce recovers from the pandemic, textile and attire sourcing even now faces a storm of worries this sort of as desire volatility, the Russia-Ukraine war, the power disaster, soaring inflation, and much more. Corporations may well even now have to deal with a highly unstable and unsure market […]
Technical textiles market to grow by USD 59.78 billion by 2027, Mobiltech segment will account for a significant share of the global market
NEW YORK, Feb. 15, 2023 /PRNewswire/ — According to Technavio, the global technical textiles market size is estimated to grow by USD 59.78 billion from 2022 to 2027. The market is estimated to grow at a CAGR of 4.92{5e37bb13eee9fcae577c356a6edbd948fa817adb745f8ff03ff00bd2962a045d} during the forecast period. The report includes historic market data from 2017 to […]
Barriers to renewable energy transition for Pakistan’s textile industry
By Shahid Sattar and Noreen Akhtar The electrical power sector is the greatest GHG producer in Pakistan. It is believed that the vitality desire in the country will get to 108 – 126 million tons of oil equivalent (TOE) by 2030. With the developing unsustainable administration of electricity desire, Pakistan’s […]
Nearshoring textiles has been a success: Here’s how we can do even better
The seems of development tasks are echoing all over the nations around the world of Central America. Indeed, historic stages of personal sector investment decision and sourcing commitments going into Central The us have accelerated the two-way textile and clothing trade with the United States, reshaped global sourcing and concurrently […]