Prices paid for recycled textile materials have weakened. One textile recycler had to stop exporting material to Nigeria due to the February 2019 elections and legislative change. This, mixed with trading implications tied with Brexit, meant the business was forced to drop prices by around 30 to 40 per cent. Nigeria has introduced legislation banning third-party payments. However, there was a surge of used clothing and textiles for recycling in August and into September.
The real impact however will be in November, if recyclers still have a lot of material that they can’t get rid off by Christmas. The excess material, coupled with a decline in demand from export markets, has led some in the field to stop collecting from shops, where they are not tied into a contract, and have also forecast a possible market crash, as was seen earlier this decade.
While there is always a plethora of reasons prices fall, an ongoing reason is a surplus of unsorted clothing. There is simply too much of it, which is unsorted. There has been a retraction in sorting operations. There used to be 150 grades, which has now dropped, and that could show people are exporting lower grade material, and there is simply more available, which lowers the price.

- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Retail’s new growth map in China, rise of premium wealth, senior spending
For decades, global fashion and retail companies built their China strategies around the rapid expansion of an aspirational middle class... Read more
Post-peak correction global cotton markets adjust amid shifting fundamentals
Following a period of aggressive increase, global cotton benchmarks have entered a cooling phase. The bullish momentum that propelled prices... Read more
From Runway Blueprint to Retail Rack: How Milano’s ‘Ready to Show’ shapes global…
As the fashion elite prepare their calendars for the Spring/Summer 2027 runway shows, an equally vital, multi-billion-dollar machinery is quietly... Read more
Natural fibers gain ground as microplastic awareness alters apparel demand
The global apparel industry is entering a new phase of disruption as consumer concern over microplastic pollution begins to materially... Read more
Global cotton output declines, raising stakes for spinners and fabric makers
A simultaneous drop across the global natural fiber sector is reshuffle-mapping trading dynamics for international textile mills, yarn spinners, and... Read more
Apparel’s inflation premium in the US signals a tough road for retailers
The latest inflation data from the U.S. Bureau of Labor Statistics has conveyed an important warning for the fashion and... Read more
The Alchemy of Adornment: Decoding the ‘Runway Trends’ and ‘Sartorial Shifts’ of…
As the global luxury sector navigates shifting economic currents, Milan continues to solidify its role as the definitive compass for... Read more
Engineered to Perform: How bio-based textiles are rewiring the $1.15 trillion at…
The global athleisure industry is entering a reset as the next phase of competition shifts from celebrity endorsements and logo... Read more
China’s inward turn, domestic demand is rewriting the export model
China is undergoing one of its most consequential economic recalibrations in decades, driven by geopolitical instability, rising Western protectionism, and... Read more
Why Shein sees itself as a technology company, not a fashion brand
The modern fashion industry has traditionally been defined by creativity, merchandising expertise and global sourcing networks. Yet few companies have... Read more












