“Egypt is currently experiencing an increase in demand for circular knitting machines,” says Timo Schramm, Sales Manager Egypt, Mayer & Cie. – “due in part,” he adds, “to the relocation of Syrian textile companies to Egypt.” Textiles are an extremely important industry for Egypt, covering all stages in the textile value chain, from growing cotton to manufacturing finished clothing. The textile sector accounts for around one job in three, so the Egyptian textile industry plays a key role in the entire region.
That makes Egypt an important market for German knitting machine manufacturer Mayer & Cie. At the Egy Stitch & Tex trade fair, held from 25 to 28 February 2016 in Cairo, Mayer & Cie. and its local representative Outatex showcased two machines. At a stand covering an area of about 70 square metres Mayer & Cie. exhibited the S4-3.2 II, with a diameter of 30 inches and 96 systems, and the D4-3.2 II, also a 96-systems machine with a diameter of 30 inches. In keeping with the importance of the Egyptian textile industry this trade fair attracts – in addition to local visitors – interested parties from the entire Middle East and North Africa.
Timo Schramm summarises local demand as follows: “The Relanit is very popular, with a constantly brisk demand. S4-3.2, which we also presented at the fair, is not as well established in the market. Yet like the Relanit it is a very good match for the requirements that Egyptian customers currently expect their machines to fulfil. Pleasingly, both machines that we exhibited at the trade fair met with a good customer response.”
Demand in the local market is mainly for machines that cater for the classic clothing sector, especially Single Jersey, Fleece and Interlock. There is a clear trend to lower-cost machines, and this also applies to large manufacturers. Demand for machines to manufacture mattress covers, in contrast, is static even though they are an important product.
The current economic situation in Egypt is difficult, and that has a negative influence on the market. Rising inflation and the accompanying decline in the value of money are creating uncertainty. Over the past four months alone the value of the Egyptian pound has fallen by 20 per cent. New import and currency regulations are also making life difficult for Egyptian companies.
Mayer & Cie. exhibits two machines at the Egy Stich & Tex in Egypt