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Textile Outlook International
Issue 214:
July 2022

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Reports in this issue
(260 pages)
Editorial: Sri Lanka's apparel industry—a silver lining in a dark cloud? (6 pages)
World textile and apparel trade and production trends: South Asia, July 2022 (28 pages)
Survey of the European fabric fairs for spring/summer 2023 (24 pages)
Prospects for the textile and clothing industry in Sri Lanka, 2022 (49 pages)
Home textiles update, July 2022 (29 pages)
Trends in EU textile and clothing imports, 2022 (68 pages)

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Prospects for the textile and clothing industry in Sri Lanka, 2022

Buy 'Prospects for the textile and clothing industry in Sri Lanka, 2022' now 49 pages, published in Issue 214, July 2022  
Report price: Euro 635.00; US$ 835.00  


The textile and clothing industry in Sri Lanka is of major importance for the country's economy. Textile and clothing exports accounted for almost 43% of Sri Lanka's total exports in 2021, and the industry provided direct employment for about 350,000 people and indirect employment for about 1.0 mn people in support activities. However, these encouraging numbers mask marked differences between the textile industry and the clothing industry. In the textile industry there has been a sharp decline in the number of manufacturing facilities but in the clothing industry there has been significant expansion over the years, at least in terms of output. Success in clothing has been based on Sri Lanka's growing reputation in international markets as a reliable supplier of competitively priced high quality products, and the establishment of strong and enduring links with Western brands and retailers. Looking ahead, Sri Lanka faces growing competition in Western markets from other Asian suppliers. But there are opportunities for the clothing industry to secure further advances. In particular, Sri Lanka has already made gains in the EU import market following the reinstatement of its GSP+ status under the EU's General Scheme of Preferences (GSP). However, it is uncertain whether the country will continue to benefit from the arrangement from 2023 onwards when it comes up for renewal. More urgently, the industry is likely to be heavily impacted in 2022 from a deepening political and economic crisis in the country. Furthermore, a sharp depreciation of the rupee has increased the cost of purchasing imported textiles—on which the Sri Lankan apparel industry depends heavily. On the positive side, foreign direct investment in backward vertical integration looks set to increase sharply.

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Product Overview   

Six times a year, Textile Outlook International provides up to 200 pages of intelligence, expert analysis and insight on the global textile and clothing industry.
What's in it?

Each issue provides an authoritative source of information on key industry topics, including: circularity; cotton; environmental sustainability; fibre prices; innovation; production and consumption forecasts; imports and exports; industry giants and emerging brands; international trade fairs; key geographical markets; recommerce; retail; supply chains; textile and clothing trade; textile machinery; trade and production trends; world markets; and yarn and fabric manufacturing.

A single issue of Textile Outlook International includes:

    an editorial think-piece on a topical issue from an industry expert

    a report on textile and apparel trade and production trends

    a round-up of the latest international trade fairs

    a feature on textile and clothing imports and exports or fibre prices, production and consumption

    a report on a key geographical market

    insight and analysis of a key market leader or fast-growing start-up

An annual subscription to Textile Outlook International is a cost-effective way to keep informed about trends and developments in the global textile and clothing industry.

Subscriptions are available in printed and/or digital formats. Printed and digital subscribers receive each issue in printed format in addition to a digital PDF file, which is available immediately on publication.

Like all Textiles Intelligence publications, Textile Outlook International is a reliable source of independently sourced business information, and it does not carry advertising.

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(Institute for East West Studies, Czech Republic)