2024 ROMANIA FASHIONTEX Romania International Fashion,Textile and Accessories Fair

Time: 2024.01.25~01.27

Location: Romexpo Exhibition Center, Bucharest, ROMANIA

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2024 ROMANIA FASHIONTEX Romania International Fashion,Textile and Accessories Fair

Market introduction

Market Overview:
In 2015, the Romanian textile and apparel industry had an output value of about 5 billion euros, with the textile industry accounting for 37.5% and the apparel industry accounting for 62.5%. The industry's output accounted for 2.1% of the GDP and 3.4% of the total industrial production value. The employment provided by this sector accounted for 13.17% of the workforce. There were approximately 7,428 companies operating in the industry, including 4,116 apparel companies, 1,312 textile companies, and 2,000 leather companies. The main areas of the textile and apparel industry in Romania are Timișoara, Sibiu, Iași, Mureș, and Bucharest.

Industry Characteristics:
The Romanian apparel processing industry has a solid foundation and relatively advanced technological capabilities. About 80% of processes such as cutting, finishing, and packaging have undergone technological transformations through introductions of advanced technologies. However, the country faces a scarcity of textile raw materials, with only 30% of wool, linen yarn, and synthetic fiber textile raw materials being self-sufficient, relying on imports for the remaining 70%. Romania encourages the development of garment making and weaving, yet the production and processing capacity for hemp, spinning, dyeing, yarn, and synthetic fiber raw materials are relatively weak and cannot meet the production demands of garment and yarn factories. Consequently, the majority of clothing manufacturing enterprises primarily engage in processing imported materials, with 85% of textiles and branded clothing produced and processed for EU countries each year. The main processed products include shirts, blouses, trousers, jackets, socks, men's and women's suits, skirts, nightwear, and underwear. The dominance of processing imported materials significantly impedes the industry's technological research and innovation capabilities, resulting in few independent brands of textiles and clothing. Manufacturing enterprises are mainly located in the capital, Bucharest, as well as in various cities and counties such as Ploiești, Arad, Satu Mare, Bacău, Iași, and Alba Iulia.

Policy Environment:
Romania encourages foreign investment in the textile and apparel industry but does not have specific policies. Foreign investments receive national treatment. Establishing production enterprises in Romania entails certain advantages, such as zero tariff imports of goods and no export tax, while textile products exported from Romania to the EU and the USA do not require quotas. Furthermore, Romania and China have signed bilateral agreements on investment protection and the avoidance of double taxation, providing each other with most-favored-nation treatment.
2024 ROMANIA FASHIONTEX Romania International Fashion,Textile and Accessories Fair

Exhibition introduction

Romania International Fashion, Textile & Accessories Fair" is set to take place from January 25th to 27th, 2024, hosting more than 400 exhibitors and welcoming 20,000 textile specialists. This event is positioned at the heart of Europe's trade hub. Romania Fashiontex Fair aims to unite leading textile manufacturers with buyers from Eastern Europe and the Balkans, showcasing cutting-edge technology and design in textile products across a diverse range of exhibitor offerings.

Moreover, Romania Fashiontex Fair serves as a dynamic platform featuring trend seminars, workshops, and industry highlights specific to the region, making it a vital gathering in the field.

Accessing the European Textile Market

Focused on both sourcing and finished textiles, Romania Fashiontex Fair is dedicated to enhancing exhibitors' export capabilities, not only within Romania but also across various European countries. It offers a prime opportunity for participants to expand their market reach and strengthen their presence in the European textile market.

Trade Relations

Favoured Policy

Starting January 1, 2016, Romania implemented tax reduction policies on several major tax types and adjusted the tax base. For textile and apparel enterprises, the main tax types and rates include a 20% value-added tax (reduced to 19% from January 1, 2017), a 5% dividend tax, and the removal of consumption tax on fur clothing. Currently, the EU has eliminated textile and clothing quotas and tariffs for all EU candidate countries and Mediterranean coastal countries (excluding Egypt) through various bilateral or multilateral trade preferential arrangements.

Data of last exhibition

400

Exhibitors

12000

Visitors

Countries

Exhibit Scope

Textile Machinery

Spinning preparation, chemical fiber production, spinning machinery and its auxiliaries and accessories

Winding, deformation, twisting machines and their auxiliaries and accessories

Netting, bonding, and finishing machines for nonwoven fabrics and felting, as well as their auxiliaries and accessories

Weaving preparation, weaving, tufting machines and their auxiliaries and accessories

Knitting machinery and its auxiliaries and accessories

Embroidery machinery and its auxiliaries and accessories

Knitting machinery and accessories

Washing, bleaching, dyeing, drying, finishing, rolling, shearing, and folding machines and their auxiliaries and accessories

Printing and digital printing machines and their auxiliaries, inks and accessories

Clothing and other textile processing machinery and its auxiliary machinery and accessories

Laboratory testing and measuring equipment and their accessories

Transportation, handling, logistics, warehousing, and packaging equipment and accessories

Recycling equipment, waste reduction and pollution prevention equipment and their accessories

Software for design, data monitoring, processing, and integration

Dyes and textile chemicals for the textile industry

Clothing: fashion, professional wear, men's wear, women's wear, children's wear, elderly wear, casual wear, sportswear, etc.;

Clothing: all kinds of gloves, scarves, socks, ties, etc.

Fur: artificial leather, etc;

Fashion accessories: scarves, earrings, necklaces, hairpins, bracelets, belts, etc.

Luggage: shopping bag, handbag, clutch bag, purse, backpack, shoulder bag, Fanny pack, trolley box, etc.

Footwear: men's shoes, women's shoes, children's shoes, slippers, etc.

Fabrics: woven fabrics, knitted fabrics, non-woven fabrics for clothing, composite fabrics, commonly used textile fabrics, etc.

Accessories: lace lace, buttons, zippers, beads glitter, hardware accessories, wire lining, trademarks, etc.

Household textiles: bedding, curtains, cushions, carpets, bath towels, kitchen textiles, bed hats, bed covers, blankets, etc.

Textile products: medical and sanitary textiles, filter and separation textiles, geotextiles, vehicle textiles, structural reinforcement textiles, etc.;

Textile and sewing machinery: textile machinery, sewing machinery and textile post-processing equipment.