Breaking an Export Record, Textile Manufacturers Expect ITM 2022 Exhibition for Machinery Investment
The textile industry, which is among the leading sectors in Turkey’s exports, demonstrated its power to the whole world, especially during the pandemic outbreak period. Achieving an increase of up to 40 percent in exports of textiles and raw materials, Turkey also broke records after records in medical textile, technical textile, and indoor textile exports.
The textile and raw materials industry is taking firm steps towards its 10 billion US Dollar export target for 2021. The textile industry, which started 2021 with a record despite the troublesome pandemic outbreak, increased its exports by 19.5 in February and realized an export volume amounting to 967 million US Dollars. In 2020, technical textile exports increased by 75 percent compared to 2019, reaching 2.8 billion US Dollars.
The 2021 target of technical textile exports is 3 billion US Dollars. Turkey’s home textile exports reached 708 million 522 thousand US Dollars in the first quarter of this year with an increase of 19.6 percent compared to the same period last year. In the period of January and February 2021, the ready-to-wear apparel industry also carried out exports amounting to 3 billion US Dollars.
Turkish Textile Manufacturers Purchased 1.5 Billion US Dollars of Machinery in 2020
Textile machinery manufacturers continue to increase their market share in the worl d by improving themselves every day. Our industry, which can sell textile machines to 180 different countries of the world, gets a 3 percent share in the global textile machinery exports.
Turkish textile companies, which increase their production capacity because they were unable to keep up with the demands, continue their new investments and modernizations. The textile machinery imports of Turkey increased to 1.5 billion US Dollars in 2020.
Turkey is One of the Three Most Important Markets for European Textile Machinery Manufacturers
Ranking in the top three in the most important market for the European textile machinery manufacturers, Turkey also attracted attention with its production performance during the troublesome pandemic outbreak. Many European machinery manufacturers, who spoke highly of Turkey’s performance, announced that their machinery sales to Turkey increased in 2020 and in the first three months of 2021.
European machinery manufacturers stated that they will continue to invest in Turkey, which they see the country as one of the most important markets in the world.
Investors from Asia and Turkic Republics Will Prefer ITM 2022
ITM 2022 Exhibition, which will be one of the first and largest gatherings of the textile machinery industry in Europe after the pandemic period, will make significant contributions to the success of the Turkish textile industry in production and exports. The textile machinery industry will make a big leap forward with the latest technologies to be introduced at ITM 2022 and new investment decisions will be taken.
Procurement committees and textile investors from many countries where textile production is active such as Pakistan, Bangladesh, Uzbekistan, India, and Egypt will prefer ITM 2022 Exhibition.
Companies Developing New Products During Pandemic Outbreak Will Meet at ITM 2022
Many companies focusing on product development and innovations under pandemic conditions look forward to the ITM 2022 Exhibition to present their products to the market and introduce them to their customers personally. Hundreds of companies participating in the ITM 2022 Exhibition will have the opportunity to introduce their latest technological innovations and products to tens of thousands of visitors in Istanbul for 5 days.
ITM 2022 Exhibition, where world textile machinery manufacturers and investors will meet, will steer the textile machinery sector in terms of launches and new ideas to be developed by the companies. Thousands of visitors from Europe, Central Asia, and Arab countries, especially from the Turkic Republics, will visit the ITM 2022 Exhibition to be informed about the latest trends in textile machinery.
ITM 2022 Prepares to Set New Records
ITM 2022 Exhibition will be held in Istanbul Tüyap Exhibition and Congress Center between 14 and 18 June 2022 in cooperation with TEMSAD and in partnership with Tüyap Tüm Fuarcılık Inc. and Teknik Exhibitions Inc. The latest ITM Exhibition hosted the world textile industry with 1200 exhibitors from 64 countries and 60,000 visitors from 94 countries.
ITM 2022 Exhibition will set new records as one of the most important global organizations to be organized after the pandemic outbreak period. The latest technologies and new products that will be exhibited at the ITM 2021 Exhibition will meet with textile investors from all over the world.
