Home / Knowledge / News / Textiles / Global yarn & fabric production up in Q3 2011
Global yarn & fabric production up in Q3 2011
18
Feb '12
International Textile Manufacturers Federation (ITMF) reported that the output of global yarn production increased in the 3rd quarter of 2011 as a result of higher output in Asia – in particular China – and South America and in spite lower production in Europe and North America.

Year-on-year global yarn production was up slightly due to higher output in Asia and in spite of lower output in Europe, South and North America. Global fabric production rose in the 3rd quarter with Asia and South America recording higher output while Europe registered a reduction.

Compared to last year's 3rd quarter global fabric production decreased with all regions suffering declines except for South America. Global yarn stocks dropped in the 3rd quarter of 2011 compared with the previous one which was especially due to lower stocks in South America and Asia, while stocks in Europe and North America remained practically unchanged.

Year-on-year global yarn inventories increased as a result of higher stocks in Asia and in spite a drop in South America. In comparison to the previous quarter fabric stocks were up in all regions in the 3rd quarter, especially in South America. On an annual basis fabric stocks soared in South America with weaker increases recorded also in North America, Asia and Europe. Yarn and fabric orders fell in Europe both compared to the previous and last year's quarter. Brazil's yarn and fabric orders jumped in the 3rd quarter compared to the previous one but were significantly lower year-on-year.

The estimates for yarn and fabric production in the 4th quarter of 2011 in most countries are mixed. While the majority of producers in Asia are expecting increases, those in Europe (with the exception of Turkey), North and South America are more sceptical expecting lower output levels.

In comparison with the previous quarter, world yarn production increased in the 3rd quarter of 2011 by +2.5%. While South America and Asia recorded increases of +9.2% and +2.7%, respectively, North America and Europe recorded decreases of -4.9% and -4.8%, respectively. Year-on-year global yarn production rose slightly by+1.1% due to higher output in Asia by +1.6%, and despite lower output levels in North America (-8.5%), South America (-7.5%) and Europe (-2.6%).

Compared with the previous quarter global fabric production increased in the 3rd quarter of 2011 by +5.9%. Fabric production rose by +7.5% in Asia and by +3.1% in South America, but fell in Europe by -8.7%. In comparison to last year's 3rd quarter global fabric production was down by -2.3%. Looking at the various regions only South America recorded an increase (+4.6%), while in Europe, Asia and North America fabric production was reduced by -4.9%, -2.6% and -2.4%, respectively.

Yarn inventories dropped worldwide by -11.4% in the 3rd quarter of 2011 compared to the previous one. In South America and Asia they fell by -20.6% and -14.8%, respectively, but remained almost unchanged in Europe and North America. On an annual basis global yarn stocks were up by +2.0%. In South America yarn inventories fell by -9.5%, but rose in Asia and Europe by +4.8% and +0.3%, respectively.

Must ReadView All

Pakistan's Finance Minister Mohammad Ishaq Dar presenting Budget 2017-18 in National Assembly in Islamabad on May 26. Courtesy: PID, Pakistan

Textiles | On 27th May 2017

Pakistan Budget 2017-18 proposes 4 new measures

To support the textile sector in Pakistan, finance minister Mohammad...

Courtesy: IRRC Institute

Apparel/Garments | On 27th May 2017

Up to 7.5 mn retail jobs in US at risk due to automation

About 6-7.5 million retail jobs in the US are likely to be automated...

Textiles | On 27th May 2017

Indian textiles ministry promotes wool sector

The ministry of textiles has taken multiple steps to promote the wool ...

Interviews View All

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search