Textile

The textile equipments in the world can be classified into 4 main groups, chemical fiber production, machinery manufacturing, chemical substance and dye production. Many industrialized countries in the world make investment in other industries by making investment in these fields firstly.

In the past, after they pioneered the manufacturing of textile machinery, developed countries like USA and UK shifted their activities to other fields in accordance with developing conditions. Yet, today, it can be argued that countries like Switzerland, Germany, Italy and Japan are keep hold of the manufacturing of textile machinery.

The problems of the textile sector in Turkey can be gathered under the main headings like shadow economy, unregulated import, incentive problem, real exchange rate, labor cost and the energy expenses.

According to the sector representatives, it is expressed that, in recent years, the European clients that went to Far East because of price competition started returning to Turkey. The fact that Turkey is the most important manufacturer after Italy in Europe has a significant share in this result. The Turkish manufacturers lost their clients to Far East, in the past, due to the competition created by Far East has won them back by this global crisis. The European clients are returning to Turkey from Far East to get rid of stocking cost and some manufacturers started to receive orders more than 10-20 percent from now. In this context, the success of the manufacturers in 2013 are expected to be proportional to the production.