Cotton exports from Egypt increased 45.1 per cent during September-November 2018 over the corresponding period of the previous year. Consumption of cotton in the domestic market, however, fell 42.2 per cent year-on-year. This was due to suspension of manufacturing activities by some textile factories in the country.
Egypt will promote products made of Egyptian cotton. A clear map of textile industries in Egypt will be drawn up to help define priorities to lure foreign investments and maximize the value added of Egyptian cotton. A special unit will be formed to ensure the optimal use of the Egyptian cotton brand and to sign deals with international textile companies on that score under the agreement. Egypt is eager on upgrading the system of cotton cultivation and the textile industry to better meet the demands of the local market and enhance exports. Egyptian cotton fibers are considered by many to be the best because of their length, strength, and softness. Egyptian cotton is the preferred option for towels and bedding among American consumers. Egyptian cotton is also the name most people associate with quality and the cotton fiber they say they are prepared to pay a premium for. Egyptian cotton’s length, strength, firmness, color, trash count and maturity have all improved.
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