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03/01/2023 – Economy

Major concern about the EU textile industries’ competitiveness

The EU textiles industry is highly concerned about the potential loss of competitiveness, caused by the EU’s inaction of the energy crisis, and Chinese and US subsidies to domestic industry.

Previous image
Grafik-Entwicklung-Title.jpg

The chart indicates the development of the Title Transfer Facility (TTF) until September 2022 since Eurostat data for Q4 2022 has not been published yet. © Euratex

 
Energie-Strom.jpg

It is expected that energy prices will remain high and volatile. © teerapon/stock.adobe.com

 
Grafik-Entwicklung-Title.jpg

The chart indicates the development of the Title Transfer Facility (TTF) until September 2022 since Eurostat data for Q4 2022 has not been published yet. © Euratex

 
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Sibylle Michel
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Sibylle Michel

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