Home / Knowledge / News / Textiles / Outlook of Japanese chemical fibre sector not optimistic
Outlook of Japanese chemical fibre sector not optimistic
27
Jul '12
Mr Tsunehiro Ogawa
Mr Tsunehiro Ogawa
“The Japanese chemical fibres industry stayed near stagnant in the first half of 2012, when compared with the same period of the previous year”, said a top official of the Japan Chemical Fibre Association (JCFA).

Production figures of the Japanese chemical fibre industry, which is amongst the top three  production hubs in the world, are presently lower than those attained before the global economic crisis ripped throughout the world in mid-2008.

In the first five months of 2012, Japanese chemical fibre output fell 3.2 percent from a year ago to 416,000 tons. Exports were down 4.6 percent to 181,000 tons, while imports dropped 8.6 percent to 87,000 tons and mill consumption dipped 3.9 percent to 321,000 tons.

According to Mr Tsunehiro Ogawa – Director General of JCFA, “There are two main reasons for the stagnancy. Firstly, overall domestic demand for textile products remained weak in the first half of 2012. 

“Secondly, the personal expenditure on clothing remained sluggish. Similarly demand for interior and home furnishings like curtains and carpets were sluggish in spite of signs of recovery of the indexes of both housing and private construction orders.

“However, demand for textile accessories from the automobile sector in the first half of 2012 has been on a recovery trend from the supply chain disruption by the earthquake, mainly because of the government subsidy program for “Eco-Friendly Car Purchases”, he said.

Mr Ogawa was not optimistic about the rest of 2012. He expects that domestic demand from textile and apparel will be weak, demand from automobile sector will be uncertain and exports would fall further, due to the slowdown in European & US markets.

Fibre2fashion News Desk - India


Must ReadView All

EU renews GSP+ scheme for Pakistan 2 years

Apparel/Garments | On 24th Feb 2018

EU renews GSP+ scheme for Pakistan 2 years

Pakistani exporters can enjoy preferential duties on exports to the...

Surat wary of e-way bills

Textiles | On 24th Feb 2018

Surat wary of e-way bills

There is no respite for Surat’s textile manufacturers and retailers....

Retailers choose sides in Alibaba-Tencent battle in China

Apparel/Garments | On 24th Feb 2018

Retailers choose sides in Alibaba-Tencent battle in China

Two big Chinese firms— Alibaba Group Holding Ltd and Tencent Holdings ...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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

February 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
70.6%
No
12.7%
Skip
16.7%

Total Votes: 102

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.7%
No
29.4%
Skip
6.9%

Total Votes: 102

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
88.2%
No
8.8%
Skip
2.9%

Total Votes: 102

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
83.3%
No
7.8%
Skip
8.8%

Total Votes: 102


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