Fledgling textile and clothing industries in Sub-Saharan Africa are finding it increasingly difficult to compete in the international textile and clothing marketplace.
February 17, 2007 (Press Release) --
Fledgling textile and clothing industries in Sub-Saharan Africa are finding it increasingly difficult to compete in the international textile and clothing marketplace. After four years of growth, their fortunes seem to have taken a nose-dive in 2005 and 2006 following the global elimination of quotas at the end of 2004.
Between 2000 and 2003 US clothing imports from Sub-Saharan Africa rose in volume terms by an average of 34.4% a year. But in 2004 growth slowed to 10.4%, and in 2005 US imports from the region fell by 14.4%. Since then the decline seems to have accelerated. During January-March 2006 US clothing imports from Sub-Saharan Africa were down by 22.4% compared with the equivalent period in 2005.
The textile and clothing industry in Sub-Saharan Africa received a major boost in 2000 when the US African Growth and Opportunity Act (AGOA) was enacted. The Act provided Sub-Saharan African clothing producers with duty-free and quota-free access to the US market at a time when most of the world’s major developing country suppliers—especially those in Asian countries—were restricted under a global quota system which had been in place since 1974.
Product Overview
Six times a year, Textile Outlook International provides over 120 pages of expert comment and analysis,
including: regular updates on world textile and apparel trade and production trends;
profiles of textile and apparel companies and countries around the world;
business opportunities in the global market place;
political implications and information on trade blocs, tariffs and quotas;
and innovations and technological developments in the industry.
What makes Textile Outlook International indispensable?
Executives in the worldwide textile and apparel industry know that it is simply not possible to view developments in one region in isolation from those in another. Textile Outlook International provides a truly independent and worldwide perspective.
Drawing on its worldwide network of expert contributors, Textile Outlook International supports your decision making with effective research, analysis and forecasts.
For more information, Please visit : http://www.bharatbook.com/detail.asp?id=15117
or email us at : info@bharatbook.com
You can also call us at +91-(022)-2757 8668 or +91-(022)-2757 9131
For searching our huge collection of reports, Please visit :
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Between 2000 and 2003 US clothing imports from Sub-Saharan Africa rose in volume terms by an average of 34.4% a year. But in 2004 growth slowed to 10.4%, and in 2005 US imports from the region fell by 14.4%. Since then the decline seems to have accelerated. During January-March 2006 US clothing imports from Sub-Saharan Africa were down by 22.4% compared with the equivalent period in 2005.
The textile and clothing industry in Sub-Saharan Africa received a major boost in 2000 when the US African Growth and Opportunity Act (AGOA) was enacted. The Act provided Sub-Saharan African clothing producers with duty-free and quota-free access to the US market at a time when most of the world’s major developing country suppliers—especially those in Asian countries—were restricted under a global quota system which had been in place since 1974.
Product Overview
Six times a year, Textile Outlook International provides over 120 pages of expert comment and analysis,
including: regular updates on world textile and apparel trade and production trends;
profiles of textile and apparel companies and countries around the world;
business opportunities in the global market place;
political implications and information on trade blocs, tariffs and quotas;
and innovations and technological developments in the industry.
What makes Textile Outlook International indispensable?
Executives in the worldwide textile and apparel industry know that it is simply not possible to view developments in one region in isolation from those in another. Textile Outlook International provides a truly independent and worldwide perspective.
Drawing on its worldwide network of expert contributors, Textile Outlook International supports your decision making with effective research, analysis and forecasts.
For more information, Please visit : http://www.bharatbook.com/detail.asp?id=15117
or email us at : info@bharatbook.com
You can also call us at +91-(022)-2757 8668 or +91-(022)-2757 9131
For searching our huge collection of reports, Please visit :
http://www.bharatbook.com/general/customresearch.asp
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