Global fabric inventories rose in the 2nd quarter of 2011 by +8.1% as compared to the previous one. In South America and North America they jumped by +56.8% and +9.2%, respectively, but fell in Asia (-3.5%) and Europe (-0.6%). In comparison to last year's 2nd quarter global fabric inventories increased by +8.1%. In South America they were up by +44.6% and in North America by +12.9%, whereas they fell in Asia by -1.6% and in Europe by -0.4%.
Yarn and fabric orders in Europe were slightly down by -0.4% and -1.2%, respectively in the 2nd quarter of 2011 compared to the previous one; in Brazil they plummeted by -30.4% and -10.5%, respectively. On an annual basis yarn and fabric orders were unchanged in Europe but dropped in Brazil by -40.0% and -18.7%, respectively.
The International Textile Manufacturers Federation (ITMF) is an international Association for the world's textile industries, dedicated to keeping its world-wide membership constantly informed through surveys, studies and publications and through the organization of annual conferences, participating in the evolution of the industry's value chain and publishing considered opinions on future trends and international developments.
The International Textile Manufacturers Federation (ITMF)