Home / Knowledge / News / Textiles / Global yarn production rises in Q2 2012 - ITMF
Global yarn production rises in Q2 2012 - ITMF
16
Nov '12
According to International Textile Manufacturers Federation (ITMF), output of global yarn production rose in the Q2/2012 in comparison to the previous one due to higher output in Asia, Europe and South America while production in North America was reduced. It has to be pointed out here that Asia’s production is traditional significantly higher in the second quarter compared to the first one as a result of fewer working days in China in the first quarter due to the Chinese New Year holidays.

Also in comparison to last year’s second quarter global yarn production rose in all regions apart from North America. Global yarn stocks rose slightly in Q2/2012 in comparison to the previous quarter mainly due to somewhat higher stocks in China, but plummeted significantly on an annual basis, especially in Asia and South America while remaining almost unchanged in Europe.

Yarn orders were up in Europe but decreased in Brazil comparing to the Q1/2012. On an annual basis yarn orders were up strongly in Brazil and remained almost unchanged in Europe.

World fabric production increased in Q2/2012 due to higher output in South America, Europe and Asia. Year-on-year global fabric production was down; while it increased in Europe, it decreased both in Asia and South America. Global fabric stocks fell slightly in in comparison to Q1/2012 as a consequence of lower inventories in North America, South America and Europe, while they remained practically unchanged in Asia.

Year-on-year frabric stocks rose due to higher stocks in South America and Asia and despite lower ones in North America and Europe. Fabric orders in Brazil increased in Q2/2012 compared to the previous on and jumped year-on-year. In Europe they were level as compared to the previous quarter but down on an annual basis.

The estimates for global yarn and fabric production in the 3rd compared to the 2nd quarter of 2012 are positive. As far as yarn production is concerened, Asia, North and South America are expecting an increase in output while estimates for Europe are negative. Also global fabric production is expected to expand in Q3/2012 as a result of higher output in all regions, except Europe. The outlook for Q4/2012 remains stable both for global yarn and fabric production. Regional-wise only in Europe fabric production is expected to fall further.

In comparison with the previous quarter, world yarn output rose in Q2/2012 by +7.4% as a result of high production in Asia (+8.1%), especially in China (+9.5%), where as a consequence of the Chinese New Year holidays Q1/2012 had less working days.

Nevertheless, also in Chinese Taipei (+6.7%), India (+4.5%), Japan (+2.3%), and Korea (+0.3%) output rose, whereas in Pakistan (-1.2%) production decreased. Also in Europe and South America yarn production increased in Q2/2012 by +2.9% and +1.4%, respectively. But yarn output fell significantly in North America (-7.7%). Year-on-year global yarn production rose by +7.7% with output up in South America (+20.8%), Europe (+12.4%) and Asia (+7.6%) and down in North America (-12.1%).

Must ReadView All

Apparel/Garments | On 1st Oct 2016

Wolf & Badger plan New York store following Brexit

UK multi brand fashion retailer Wolf & Badger is crossing the...

L-R: Smriti Irani, Vanathi Srinivasan and M Senthilkumar

Textiles | On 30th Sep 2016

Textile industry appeals for cotton fibre security

A pan-India textile industry delegation has urged Union textiles...

Courtesy: Kelheim Fibre

Textiles | On 30th Sep 2016

Kelheim Fibres develops static dissipative viscose fibre

Germany based specialty fibre producer Kelheim Fibres has developed a ...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

Karan Suratwala
Key Textile Accessories Private Limited

<font color="#545454" face="arial, sans-serif" size="2">The company is...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Bani Batra

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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
September 2016

September 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search