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US News Portugal's Textile Groan: Energy expensive, raw materials RAR

06:40  26 october  2021
06:40  26 october  2021 Source:   de.euronews.com

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The " Portuguese Miracle " is in danger: the textile industry, which has defied since the 2010er years thanks to know-how and environmental responsibility of competition from China, groanes under rising energy costs and raw materials . According to Textile Association ATP (Associação Têxtil e Vestuário de Portugal), the cotton prize in the past twelve months rose by more than 70%. A delivery that lasted for 5 weeks now need more than three months.

RTP/EBU © Screenshot RTP / EBU

Rui Martins, President of eco-friendly spinning Inovafi L, Guimarães, Northeast of Porto:

"A delivery from China costs tenfold. Not twice as much, 10 times more. It takes two, three, four months and we do not know where the delivery is or when she arrives. "

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A few houses continues to have a colleague if he can hold his good 625 professionals. His family business JF Almeida traditionally exports 80 percent of its production.

Joaquim Almeida, President of JF Almeida , Guimarães:

"Every single raw material used to make a towel is more expensive. The government must lower the taxes, otherwise we will and sink into a swamp, a monumental crisis. "The company JF Almeida has paid 113,000 euros more in June than in June last year. Since the cost of electricity is twice as high and the cost of natural gas is five times higher than in the comparison period, many companies may be feared, maybe to close. The goals of the industry for this year are most likely not achieved.

Portugal Textile sector employs around 130,000 people and has V Or the Covid crisis annually, worth about three billion euros (2015: 4.8 billion euros) were exported, especially in EU countries. Since the Brexit referendum in 2016, exports have already declined more than three percent here, as

Paulo VAZ, ex-president of the ATP Association

). SU with RTP / EBU

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