Yarn inventories rose only slightly worldwide by +0.4% in Q4/2011 compared to the previous one. In South America and Europe they were up by +1.0% and +0.4%, respectively, but fell in Asia by -1.3%. On an annual basis global yarn stocks increases by +4.8%. In South America yarn inventories jumped by +24.7%, in Asia by +4.5% and in Europe by +0.7%.
Global fabric inventories rose in Q4/2011 by +1.5% as compared to the previous one. In South America they rose by +6.7% and in Europe by +0.1%, while they decreased slightly in Asia by -0.6% and in North America by -0.5%. Year-on-year, global fabric inventories increased by +16.1%. In South America they soared by +75.0% and also rose by +9.0% in North America, and by +2.4% in Asia, but were reduced in Europe by -0.6%.
Yarn and fabric orders in Brazil dropped by -3.6% and -18.2%, respectively, in Q4/2011 compared to the previous one. Also year-on-year yarn and fabric orders in Brazil plummeted by -28.3% and -19.4%, respectively. In Europe yarn orders were up by +0.6% in the 4th quarter compared to previous one but down on an annual basis by -0.7%. Fabric orders in Europe fell by -0.5% in comparison to the previous quarter and also by -0.5% year-on-year.
International Textile Manufacturers Federation (ITMF)