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Global yarn, fabric output to grow in 1st half of 2016
28
Apr '16
The global yarn production fell in Q4 of 2015 quarter-on-quarter, the first decline in a year. Output in Europe increased on a quarterly basis, while it decreased in the other regions (Asia, North and South America). On an annual basis, the global yarn production in Q4 of 2015 improved along with increases in Asia, according to the State of Trade Report of the International Textile Manufacturers Federation (ITMF).

In Europe, North and South America yarn production fell year-on-year. Global yarn stocks in Q4 of 2015 rose quarter-on-quarter as well as year-on-year. Thereby, all regions except for South America reported that stocks were increased on a quarterly basis. Yarn orders in Europe rose and in South America they fell quarter-on-quarter. Year-on-year they increased in Europe and fell in South America.

Global fabric production fell in Q4 of 2015 against Q3 due to decreases in Asia and South America. In Europe fabric production increased. On an annual basis global fabric output also declined. Asian and South American output fell, while fabric production in Europe rose.

In Q4 of 2015, global fabric stocks were reduced quarter-on-quarter in all regions. Global fabric inventories were also reduced year-on-year. In Q4 of 2015, European and South American fabric orders decreased quarter-on-quarter. Fabric orders increased on an yearly basis in Europe and they fell in South America.

Estimates signal an unchanged global yarn production for Q1 of 2016 and an increase for fabric output.

The global outlook for yarn hints at an unchanged output for Q2 of 2016 and at an increase for fabric production.

In Q4 of 2015, global yarn production fell by nearly 26 per cent quarter-on-quarter. Asian yarn output declined by 27 per cent quarter-on-quarter and by 15 per cent in North America. In Europe it rose by 15 per cent and in South America output fell by 19 per cent. Global yarn output grew by 11 per cent in Q4 of 2015 versus Q4 of 2014.

The annual percentage change of yarn output in Asia amounted to 12 per cent. In North America, Europe and South America yarn production fell by 3 per cent, 2 per cent and 28 per cent year-on-year, respectively.

Global fabric production declined by over 1 per cent in Q4 of 2015 against the previous quarter. While Asian and South American output fell by 1 per cent and 30 per cent, respectively, European fabric production improved by 13 per cent quarter-on-quarter. Year-on-year, global fabric fell by 2 per cent. Thereby, Asian and South American production fell by 2 per cent and 40 per cent, respectively, while output levels in Europe increased by 6 per cent.

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Courtesy: H&M

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