Textile Companies Short on Raw Materials

Textile and apparel production is threatened by the lack of threads, cotton and canvas.

Thursday, June 10, 2010

Since the beginning of the year, the textile industry has experienced a shortage of raw materials. The situation worsened in the last month, causing delays for exporting and reduced supply for the domestic market.

Prensalibre.com published comments by several textile businessmen, who commented that prices are going up between 5% and 15% due to shortages in raw materials.

“The industry believes this is happening because companies were not ready for an increase in demand after the economic crisis of 2008 and 2009, which caused some businesses to go bankrupt and others to trim their production”.

¿Busca soluciones de inteligencia comercial para su empresa?



More on this topic

Coronavirus: Every Crisis Brings an Opportunity

March 2020

Following the spread of the virus globally and the suspension of some production in China, several garment companies in the region have reported increases in their orders.

The spread of the epidemic has stopped much of the economic activity of the Asian giant, which is the largest exporter of textiles in the world. This situation has forced buyers to look for alternatives.

El Salvador Wants to Sell More Raw Materials for Textiles

April 2018

The sector's union says that the strategy focused on producing fabrics and yarns for export is already paying off, and they intend to continue in order to become the region's main supplier.

According to the Chamber of the Textile, Clothing and Free Trade Zone (Camtex), exports of raw materials from El Salvador have grown considerably in the last two years, as between 2016 and 2017 sales increased from $60,000 to $1.2 million.

Threats to Nicaragua's Maquilas

November 2012

The Nicaraguan garment industry could be severely limited if it loses the right to use raw materials from Asia to make apparel destined for the U.S.

An article from The Economist Intelligence Unit reports on other threats to the textile industry in Nicaragua, which in recent years has grown vigorously, with the sector's exports in 2011 reaching $1.4 billion, which represents more than a third of the country's total exports.

Guatemala: Textile Companies Still Without Raw Materials

August 2010

Manufacturers report that stocks of cotton thread and fabric have been low since March.

"There is barely any cotton thread or fabric and what exists is being sold at a very high price making production unprofitable," the General Manager of Tres Pro, Alejandro Ceballos, told Prensalibre.com.

ok