Cotton & Yarn
Cotton & Yarn
Major slump in Egypt cotton yarn exports
Egypt cotton yarn exports slumped to 21.7K tons in 2019, down 16.8% from 2018 and 43% since 2015. As EU demand shrinks, Egypt is losing ground in its key markets, Italy and Portugal, despite its fine yarn selling at more...
Cotton & Yarn
Egypt is the 3rd largest supplier of cotton yarn
Turkey, India, and Egypt dominate 73% of the EU import in value and 76% in volume. Egypt holds a clear third place with about €97 million in 2016, or around 11% of EU imports in value... Several factors support Egypt’s r...
Cotton & Yarn
Egypt implements a strategic plan for Egyptian cotton production revival
The Egyptian government strategic plan aims to increase Egyptian cotton production to reach 220K Tons within the next five years, which will be expected to increase the Egyptian cotton share in the long and extra-long st...