(Source: Bremer Baumwollbörse)
Which opportunities have the EU cotton textile industry in international competition? During the 36th International Cotton Conference Bremen on September 29/30, 2022, in Bremen/Germany, the high-quality cotton production within the European Union in the network and the downstream, highly specialized textile and clothing industry, under the headline “Region in Focus” will be highlighted in a session on Friday, September 29. The 3-part session will show and discuss opportunities for stronger positioning and assertiveness in international competition.
The countries of the European Union, such as Greece and Spain, are among the largest cotton exporters in the world. Europe is the world's 2nd largest importer of textiles and clothing. This includes the raw material cotton with a share of around 50%, only a small part of which comes from Europe. In addition, Europe is one of the world's leading suppliers of innovative technical textiles, for example in the health sector, automotive engineering or interior design. Here, also natural fibers such as cotton are increasingly being used as renewable raw materials and, because of their biodegradability, as part of the drive towards a circular economy.
There will be a discussion about new possibilities in the EU textile chain, embedded in the European Commission’s strategy to build a resource-saving circular economy. The background here is changing consumer behavior towards sustainably manufactured textiles. The aim is to make it clear what the competitive advantages of the EU textile chain are against this background, with which the demanding wishes of European consumers can be satisfied more quickly and flexibly. This could result in opportunities for the development of locally or regionally structured value chains.
Likewise, the EU cotton initiative of the European Cotton Alliance, an association of European cotton organizations, will be presented. It enables European cotton farmers and their affiliated companies to provide their cotton with an EU cotton label, which can also be found in processed cotton textile products. The associated licensing program could make market-oriented textile production in Europe more lucrative through transparency and traceability.
The Cotton Conference is organized by Faserinstitut Bremen e.V. (Bremen Fibre Institute) and the Bremen Cotton Exchange, both Bremen/Germany.