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Japanese textile machinery output jumps in 2011
29
Feb '12
The production of textile machinery in Japan increased by 8.6 percent year-on-year to 226.667 billion yen last year, crossing the 200 billion yen mark for the second consecutive year, according to the Japan Textile Machinery Association (JTMA).

In 2009, the production of textile machinery dipped to 100 billion yen level owing to global economic crisis. However, there was a significant recovery the very next year and the country's textile machinery production rose to 200 billion yen level in 2010.

The rapid surge in production of textile machinery was due to significant demand from newly emerging countries, especially China, following inflow of new capital investments.

In 2011, the highest production was of machinery's used in weaving preparation amounting to 59.513 billion yen, up 42.6 percent year-on-year. This was followed by output of machinery for knitting & braiding, 58.199 billion yen, down 3.4 percent y-o-y; looms, 48.750 billion yen, up 3.2 percent; fibre-making, 36.949 billion yen, up 1.6 percent; spinning, 14.762 billion yen, up 5.1 percent; dyeing & finishing, 4.015 billion yen, down 17.1 percent; and others 4.479 billion yen, up 6.6 percent.

During the year, Japanese exports of textile machinery rose by 9.4 percent, compared to 2010 figures, to 243.506 billion yen, owing to huge demand from foreign countries. There was huge demand for machinery used in weaving like winders, followed by fibre-making equipment, looms, and knitting & braiding machines.

In 2011, the exports of machinery used in weaving was worth 73.641 billion yen, up 44.4 percent y-o-y; looms, 52.462 billion yen, up 4.6 percent; knitting & braiding, 44.851 billion yen, down 7.7 percent; spinning, 26.855 billion yen, up 12.7 percent; dyeing & finishing, 7.265 billion yen, up 51.8 percent; fiber-making, 6,684 billion yen, down 16 percent; and others, 2.616 billion yen, up 55.5 percent.

The export of machinery parts, however, declined by 15.8 percent y-o-y to 29,132 billion yen.

Fibre2fashion News Desk - India

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