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ITMF publishes Textile exports

the new witness nominal

International growth

Production Cost

PRGMEA Chief Coordinator Ijaz Akhtar Khokhar was Matrix Sourcing CEO Azfar Hassan spoke highly of During the first three quarters of the ongoing fiscal
Comparison
thrilled to host the event, saying, “This is the 35th the opportunities the event provided, “There’s been year, Pakistan textile exports witnessed a nominal
World Fashion Convention, held first time in a lot of interaction with the brilliant minds that have increase of 0.08 percent as compared to the
Pakistan… The feedback and their compliments come here from the IAF, from the member group, same period last year.
(IPCC)
were extremely positive. I was not expecting this,
Textile Industries, Gerber Technologies, Matrix quite happy with the event, saying it checked all the people are so happy. We set a benchmark for the and from the business community of Pakistan. According to Pakistan Bureau of Statistics (PBS),
Sourcing, and several others. Keynote speakers right boxes, “We wanted to show the delegates from future events. He added that the convention had There’s been a lot of exchange of cutting edge ideas The textile exports during July-March (2018-19)
The 35th IAF World Fashion Convention was held in retailers, and manufacturers from the fashion included Advisor to the Prime Minister on outside Pakistan what Pakistan has to offer achieved all the objectives of presenting Pakistan’s and we’ve explored the whole process of digitisation, were recorded at $9991.428 million compared to
Lahore on 12th and 13th of November, 2019. It was industry. The IAF World Fashion Convention is a Commerce Abdul Razzak Dawood, Li & Fung COO nowadays. The other objective was to bring Pakistani soft image, provide networking opportunities for of transparency, and sustainability… The exchange the exports of $9983.065 million during the same
co-organised by the International Apparel Federation unique fashion industry event, bringing the topics Wilson Zhu, Federal Secretary of Commerce Sardar and foreign manufacturers together and I think we local businesses with foreign counterparts, of knowledge was very useful and I think a lot of period of last year.
(IAF) and PRGMEA (Pakistan Readymade Garment that matter and the speakers that count together Ahmad Nawaz Sukhera; Hugo Boss MD Joachim have succeeded.” He was also very happy with the technological information transfer to local people have ideas that they are scared of trying out.
Manufacturers and Exporters Association). This was from both the supply and demand side of the Hensch, Chairman Interloop Musadaq Zulqarnain, decision to hold the convention in Pakistan this year, manufacturers, and raising awareness among local In the conference they hear about people who have Positive growth witnessed by textile commodities
the first time the international convention was held in fashion industry. Each country and city that hosts the Cotton Council International Supply Chain Marketing “In my experience the Pakistani people from the textile manufacturers about global trends and succeeded with those ideas by being courageous, in external trade included knitwear, exports of
Pakistan. The theme of the convention was “Building IAF convention showcases the local aspect of the Director William Bettendorf, Matrix Group CEO Azfar industry are very friendly and open minded. They demands. He said, “This was a good opportunity for brave and innovative.” He was satisfied that Pakistan which grew from $1971.906 million last year to
Competitive Supply Chains Together.” multi-faceted apparel industry. This was especially Hasan, Gerber Technology EMEA Marketing Director have the same issues that we have in Western our entrepreneurs to listen and to follow the rules has been presented as a leading sourcing $2155.039 million during the current fiscal year,
presented with a fashion show based on recycled Yvonne Heinen-Foudeh, Sal Khokhar – the former that are the demand of the world.” destination for international brands. showing growth of 9.29 percent.
More than 180 delegates from 15 countries attended materials by students of fashion and textile EVP for Ralph Lauren, Adidas, and Calvin Klein. Europe, for instance… The hospitality was great. International Production Cost Comparison (IPCC) Transformation of this NE30 yarn in a woven ring
the event that showcased activities including institutions at the scenic backdrop of the historic Wonderful venue. PRGMEA did a wonderful job of published by ITMF is designed to trace implications yarn fabric shows a comparatively similar pattern in The bed wear’s exports increased by 2.69
exhibitions, seminars, conferences, and a fashion Lahore Fort. The feedback from foreign delegates was hosting us here. So, I go back with a lot of positive of the growing capital intensity in the primary textile labor cost in Korea, Italy and the USA but a different percent, from $1674.096 million to $1719.185
show focused on sustainability and featured clothing increasingly positive, saying that the event had feelings about this country.” industry. The publication describes manufacturing power costs pattern, where each country’s relative million while the exports of canvas, tents, and
made from recycled materials. The convention’s highlights included numerous B2B exceeded all expectations and had set a benchmark and total costs of yarn/fabric broken down into share to total manufacturing costs is now below tarpaulin have increased by 3.49 percent, from
meetings, panel discussions on industry issues, for future events, as it had been the most vibrant and Hugo Boss Managing Director Joachim Hensch said various cost elements at different stages of the sample average. While the sample avg. rises at $65.953 million to $68.252 million.
President of Pakistan Dr Arif Alvi inaugurated the workshops and seminars on sustainability and most well organised event in the 35 years of the IAF textile value chain. The edition adds a finishing 26pc, the share of power drops to 17pc in Italy and
event, saying that the improved security situation of smoothening of supply flow from vendors to textile organising these events. Previous events had been segment to the historical cost analysis in spinning, Korea and 9pc in the USA. This avg. is risen by Data revealed that readymade garment exports
the country and the availability of a huge workforce makers to the end consumer, and the Global held in several cities of Europe as well as Istanbul, draw texturing, weaving, and knitting. For the first time Indonesia, India, Brazil, Pakistan, and China where grew by 2.02 percent, from $1918.313 million to
has made Pakistan a prime destination for investors Fashion Award, etc. Mumbai, Hong Kong, Rio de Janeiro, Porto, also, the geographic coverage counts Pakistan and the share of power cost to total manufacturing cost $1957.018 million and the exports of madeup
and business concerns. He said the country had Shanghai and Maastricht. Bangladesh besides Brazil, China, Egypt, India, is between 30pc and 40pc. The data shows that the articles (excluding towels) increased by 1.26
tremendous growth potential and welcomed the Global Fashion Award Indonesia, Italy, Korea, Rep., Turkey, U.S.A., and Vietnam. labor shares are equal to the of power shares in percent, from $513.364 million last year to
international attendees to enjoy the city life of the Creative designs by students of fashion were Speaking to TEXtalks, IAF President Han Bekke was China, Brazil, and Egypt (i.e. 20pc, 14pc, 6pc, $519.857 million. Meanwhile, the textile
country as well as the scenic landscapes of the showcased at a fashion show at the Lahore Fort The report allows better appreciation of the relative respectively) and that labor is relatively more commodities that witnessed negative growth in
northern areas. He also invited them to explore the under the IAF Global Fashion Award. The top 10 importance of the cost elements and their expensive than power in USA, Italy, and Korea external trade included raw cotton, exports of
business opportunities that the country has to offer. contestants from renowned institutes of fashion respective influence on the total costs. For example, (about 14, 8, and 4 times higher, respectively) or which shrunk by 71.84 percent, from $55.825
Dr Alvi added that Pakistan has always been one of design from across the country were selected to in the Spinning Ring/NE30 category, the report relatively cheaper in India, Bangladesh, and million last year to $15.721 million.
the biggest clothing exporters in the world and display their designs at a festive fashion dinner and shows high manufacturing cost countries (i.e., in Pakistan (3, 3.5, and 4 times lower, respectively).
foreign investors’ interest in the growing Pakistani their creations were displayed at the fort. The show USD/kg of yarn, Italy = 2.35, Korea = 1.60, U.S.A. The exports of cotton yarn also decreased from
market is increasing in the wake of vast business was organised by the Walled City of Lahore Authority his experience had been very pleasant and he saw = 1.54) as well as countries with a higher share of The IPCC further covers the categories of Texturing $987.797 million to $835.325 million, a decline of
and entrepreneurship opportunities. The president (WCLA). huge potential for investment and business in labor cost (respectively 33pc, 27pc, and 31pc). (75den/72F), Spinning Rotor/NE20, Weaving Rotor 15.44 percent whereas the exports of cotton cloth
also lauded the employment opportunities that the Pakistan. He said, “Visiting this conference was a However, the share of power in both countries Yarn Fabric, Knitting Textured Yarn Fabric, Knitting slid by 2.09 percent, from $1630.268 million to
country’s apparel industry gave for women and Speakers very inspiring journey. I met a lot of very friendly and equals the sample avg. It reaches 21pc in Italy and Rotor Yarn Fabric, Finishing - Knit - Continuous $1596.271 million.
special people. Every year, high quality speakers including industry very open minded people. I could sense the wish Korea and 10pc in USA, a level comparable to that Open Width (COW), and Finishing - Knit -
leaders speak at the conventions. This year was no and the energy to actually rise, and move, and measured in Egypt. Discontinuous (JET).
Acknowledging that new technology is changing the different featuring speeches, presentations, and improve. I think there is a lot of potential here.”
industry, the convention brought together brands, workshops by the chiefs of the IAF, Hugo Boss
May/June 2020
November/December 2019 April/May 2019