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Export: new frontiers for Made in Italy textiles

According to SACE, emerging economies will continue to represent the best source of opportunities for Italian textile products over the next four years, also given the declining growth margins in the traditional reference markets.

Export: new frontiers for Made in Italy textiles

According to the forecasts of the Export Report of SACE, emerging economies will continue to represent the best pool of opportunities for Italian textile products over the next four years. Exports to these markets will reach a average annual growth rate of 8,3% in the period 2013-2016, well above the more moderate 4,8% towards advanced countries, where the best prospects will concern Italian high-end products, which today represent 13% of the global market.

Made in Italy textiles will achieve the highest volumes of exports in the coming years more traditional reference markets, which nonetheless offer declining growth margins (such as France, Germany, Switzerland and the USA, without forgetting a Russia "hungry" for high-end Italian brands). Here then you will also have to aim at new destinations to intercept new high-potential demand basins: not only BRIC (such as China, India, Brazil), but also distant and already advanced markets such as South Korea, without forgetting emerging European countries such as Romania.

As for ongoing operations, SACE has recently guaranteed 11 million euros in loans in favor of textile companies in important Italian districts such as Perugia, Naples and Biella:

  • District of Perugia-Corciano-Spello (cashmere and other yarns). SACE has guaranteed loans for a total amount of 5,4 million intended to support the foreign development plans of Brunello Cucinelli, a historic brand from Corciano known for its exclusive cashmere garments, and Maglital, a SME from Trevi active in the production of knitwear and fine yarns better known with the Cruciali brand;
  • District of Naples (haute couture). SACE supported two historic Neapolitan companies: Ciro Paone, known on the market with the Kiton brand, to whom it guaranteed a 1 million loan for the expansion of the mono-brand store chain abroad and the strengthening of production, and Cesare Attolini, which it has supported in its growth plans in the world;
  • District of Biella (wool and other yarns). SACE has approved guarantees on loans for a total value of 3 million for the internationalization of Lanificio Colombo, a company active in the production of cashmere fabrics that it markets through brands such as Max Mara and Hermes but also with its own brand, and Sinterama, a leading company in Europe in the production of polyester yarns with applications in various industrial sectors and already present with its production sites in the UK, Turkey, Brazil and China.

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