Textile Yarn Supplier for Argentina Market

On 2022-04-06, at the warehouse of Salud Style yarn factory, 20,000kg of dyed core-spun yarn was loaded onto a container. These yarns are supplied to a customer in Argentina, who is a Large yarn wholesaler in Argentina. and this is the fourth container we have delivered to this customer this year.

The textile industry in Argentina is booming, with companies large and small creating new jobs and investing in new production lines. With growing demand from both domestic and international customers, the industry is looking forward to further growth and expansion.

Output in Argentina's textile and clothing sector shrank by 4% month-on-month and 10.6% year on year in July 2022, according to a report by the Association of Argentine Medium-sized Enterprises (CAME). One of the main reasons for the downturn was high exchange rate volatility in July, which led to higher raw material costs, companies said. But output in the textile and clothing sector still grew 7.6 percent year-on-year in the first seven months of 2022, thanks to a stellar performance in previous months. In July, the utilization rate of textile equipment was 71%, down 5.4% from the previous month.

Argentina is one of the top yarn producers in the world, thanks to a variety of favorable factors. The country is blessed with a long coastline, a well-developed agricultural sector, and a skilled labor force. These factors have led to Argentina becoming a major producer of cotton, wool, and silk yarns. In fact, the yarn industry is so important to the Argentine economy that it accounts for almost 10% of GDP.

Argentina is a country rich in textile and yarn production. Many small and medium-sized companies produce high-quality yarns and fabrics that are exported to various parts of the world. The industry is dynamic, with new companies entering the market every year, seeking to capture a share of the market.