VDMA has high expectations from Texprocess 2019

摘要

The industry looks forward to Texprocess,the leading trade fair for processing textile and flexible materials,taking place in Frankfurt from May 14-17,2019.”Sales in the entire German Textile Care,Fabric and Leather Technologies sector rose by 5.7 per cent in real terms year-on-year in the months from January to October 2018,”explained Elgar Straub,Managing Director of VDMA Textile Care,Fabric and Leather Technologies,at Texprocess's international press conference in Frankfurt.”Incoming orders fell by 21 per cent in real terms over the same period.Now the industry is pinning its hopes on a successful Texprocess in Frankfurt,”Straub continued.In the sewing and garment technology sector,exports rose by 7 per cent from 563 million euros in 2016 to 603 million euros in 2017.However,they fell by 18 per cent in the first 10 months of 2018.”The economic situation is still good,”Straub said,”but many external components,such as the threat of Brexit,the collapse of the Turkish lira or the threat and introduction of customs duties or extra-territorial sanctions,e.g.by the USA,are bringing unrest to the markets.”