European textile and clothing industry recently urged the EU to protect the industry from the crisis resulting from exorbitant increase in natural gas and crude oil prices amid Russia’s invasion on Ukraine. Latest export data reflects the crisis as outbound shipment of technical textile and polyester products have begun to slide in recent months.
European apparel and textiles confederations like EURATEX, CIRFS, ETSA, EDANA and EUROCOTON have demanded EU to safeguard the future of the industry as gas prices reach sky-high levels. The industry has suggested a mechanism for electricity pricing and called for a cap on gas prices. It said that measures need to be adopted to avoid bankruptcy and relocation of textile production outside of Europe. The associations added that specific segments of the textile industry are particularly vulnerable as man-made fibres (MMF), synthetic and cellulose-based fibres are energy intensive segments and dyeing and finishing production units make very intense use of gas.
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