Fledgling textile and clothing industries in Sub-Saharan Africa are finding it increasingly difficult to compete in the international textile and clothing marketplace
April 19, 2007 (Press Release) --
Post-Quota Scenarios in Textiles and Clothing: Sub-Saharan African Producers Invest for Survival
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.
For more information kindly visit
http://www.bharatbook.com/detail.asp?id=15117
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.
For more information kindly visit
http://www.bharatbook.com/detail.asp?id=15117
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