Spain'S Textile Industry Is Expected To Recover In 2014.

< p > recently, the a href= "//www.sjfzxm.com/news/index_c.asp" > Spain < /a > textile and accessories Association (ACOTEX) said that the Spanish textile industry will rebound after 7 years of recession as a result of the overall domestic economic recovery.

The chamber called on the Spanish Ministry of finance to reduce the current 18% of value-added tax to promote further recovery of the industry.

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< p > Spanish media pointed out that since 2007, nearly 20% of Spain's clothing and home textiles Stores have been closed and their turnover has been reduced by 30%.

Spain's apparel and home textile industry increased by 1.6% over the same period last year.

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< p > according to the < a href= "//www.sjfzxm.com/news/index_c.asp" > chamber of Commerce < /a > annual report data, Spain's "a href=" //www.sjfzxm.com/news/index_c.asp "textile" /a "total sales volume in 2013 was 15 billion 850 million euros, a decrease of 3.78%, but it began to show growth in the second half of the year, although the growth rate was limited, but the industry generally agreed that Spain's economic crisis has bottomed out and will gradually improve.

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< p > last year, 152 clothing and home textile shops were closed, with fewer than 6 stores and 2.11% people in the textile industry to 186 thousand.

Last year, the consumption expenditure of Spanish households in textile products decreased by 744 euros to 1109 euros compared with 2006, and the average consumption expenditure of individuals in textile products was 400 euros.

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< p > last year, the consumption of foreign tourists in Spain led by 938 euros in China, followed by 559 euros for Japanese and 546 euros for Americans, of which expenditure on clothing was about 2/3, about 62%, followed by 12% of jewellery watches and 3.5% of electronic products.

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Less than P, a buyer oriented visitor, through tax rebate statistics, 45% of consumption was concentrated in Catalan area, 36% in Madrid, 8% in M laga, 2% in Baleares, Alicante and Valencia three districts.

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< p > for consumption places, 30.9% of tourism consumption is concentrated in exclusive chain stores, 24.3% in supermarkets, 19.9% in multi brand stores, 15.1% in free goods centers (Outlet) and 9.8% in department stores.

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