Taiwan: Attractive market for advanced textile machinery
Write:
Giuseppe [2011-05-20]
On occasion of the International Technical Textile Symposium from April 14 to 17 in Taipei, seven member companies of the VDMA Textile Machinery Association will present their latest solutions “Made in Germany” to Taiwanese textile industry professionals.
The participating German companies are well-known technology providers for the textile industries around the world: Sahm, Oerlikon Saurer (Allma product line), Karl Mayer, Dornier, Mayer & Cie., Herzog and LIBA. An Overview about the product range in machines for technical textiles of VDMA members will be given during a presentation of the VDMA Textile Machinery Association.
Since Taiwan has focused on research and development of highly technical textiles, the country is an attractive market especially for advanced textile technologies. In order to deepen the cooperation in this sector, the VDMA Textile Machinery Association and the Taiwan Technical Textiles Association (TTTA) had signed a memorandum of understanding two years ago.
Together with Japan, Germany is by far the most important supplier of textile machinery to Taiwan. Like many other textile industries in the world, the Taiwanese one had to face a downturn last year, which resulted in a lower demand for machinery.
In 2008 the exports of German textile machinery and accessories to Taiwan decreased by 28 percent compared to 2007and reached 34 million Euro. With exports worth 17 million Euros, the highest demand was registered for knitting and hosiery machinery. The exports of spinning machinery amounted to 9 million Euros. The export figure of finishing machinery reached 5 million that of weaving machinery 3 million Euro.