This raw material is the least used in retail industry, in which polyester and cotton still leads the market. Automobile and electronic is currently exploiting global production of polyamide.
The Turkish government has initiated an investigation and restricted nylon imports temporary, based on the World Trade Organization’s (WTO) regulations.
Fashion business, one of the most global in the world, faces a changing environment, with an economic downturn and where protectionism threatens to mark the development of the two biggest world economies.
Ethiopian economy will be the one growing the most this year in sub-Saharan Africa, according to the International Monetary Fund’s (IMF) forecast, while Laos will lead the advancement in South-East Asia.
News on the latest macroeconomic indicators related to the textile- and fashion industry worldwide.