Turkey poised to invest after ITM 2021 exhibition
Industry Talk
Turkish textile sector to crown its success at ITM 2021
Organisers of the ITM 2021 textile machinery exhibition say that the Turkish textile industry has increased its textile exports during the COVID-19 pandemic
17th August 2020
Knitting Industry
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Istanbul
© ITM Exhibition.
Organisers of the ITM 2021 textile machinery exhibition say that the Turkish textile industry has increased its textile exports during the COVID-19 pandemic, and will crown its success with the exhibition, which will be held from 22-26 June 2021.
“The Turkish textile industry made a righteous name for itself all over the world by playing a successful game during the troublesome coronavirus pandemic period,” organisers said in a statement. “Turkey, coming to the fore especially in the field of production of masks and protective textiles, made happy textile machinery manufacturers be content through the continuation of the stability in textile machinery commerce.”
“Turkish textile companies revitalized Turkey's economy through providing confidence in the supply chain, taking rapid actions in changing conditions, their strong infrastructure, and dynamic and skilled labour force,” ITM said “Many of the European textile machinery manufacturers, which had to take a break in their production processes, encountered a decrease in their number of orders and sales, while Turkey continued to both purchases and sales of the textile machinery. While the machinery manufacturers exported more than 50 percent of their products to countries all around the world, exports to Europe were 37 percent with respect to the total exports volume.”
“The economic recession experienced in the Far East countries, let Turkey take one step further. Turkey demonstrated its potential to be the center of the world especially in the production of protective textiles. The Turkish companies, which engaged in the production of high-quality masks and protective textiles in hygienic conditions, by using the advantages of early delivery due to Turkey's geographical position have become a better alternative compared to the companies in China. They have also become the first choice of the European countries, which have turned their route to nearby producers for supply,” the organisers add.
“Experiencing no difficulties in the supply of nonwovens, Turkey's most important export product in the January-June 2020 period was technical textiles. This product group, which constitutes 27.2 percent of total textile exports, achieved an increase of 43.9% compared to the same period of last year and reached the level of 1.1 billion US Dollars. The export of technical textile products in June was calculated as 318 million US Dollars with an increase of 202 percent.”
Turning crisis into opportunity
ITM’s organisers continue” “It is the right time for Turkey, which succeeded in drawing the world's attention, to turn the crisis into an opportunity. Turkey became the world's new production centre in the shrinking world economy after the global pandemic by reaching out right markets, making deliveries on time, and maintaining the costs of the employees, production quality, and logistics.”
“ITM Exhibition 2021, which will be held between 22 and 26 June in Turkey, will play a key role in maintaining this success. ITM 2021, which will be one of the first and biggest gatherings of the textile machinery industry after the troublesome global pandemic, will direct the textile machinery sector with the latest technologies to be exhibited, new investment decisions, and strong collaborations to be signed.”
Domestic and international companies that want to make new investments in the textile sector will participate in ITM 2021 to be informed about the latest trends in textile machinery. ITM 2021, where thousands of exhibitors will exhibit their latest technological innovations, will, organisers say, broaden new horizons in the minds of both participants and visitors. Company officials, who will have the opportunity to see the rapidly changing technological innovations on-site, will be able to integrate these developments into their production and direct their investments, they add.
“ITM 2021, which will enable textile machinery manufacturers to be known internationally by proving themselves in the domestic market, will create an important opportunity for domestic companies to focus on exports. ITM 2021, where not only Turkish companies but also manufacturers from all over the world will sell textile machinery, will make a great contribution to the global economy,” organisers conclude.
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