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%).
Apparel/Garments | On 30th Apr 2016
British High Commissioner to India Sir Dominic Asquith, has said that ...
Apparel/Garments | On 30th Apr 2016
Apparel Export Promotion Council (AEPC)’s Additional Secretary...
Textiles | On 30th Apr 2016
Bangladeshi cotton spinners have expressed concern that they may lose ...
Hindoostan Innovation Centre
Which areas of innovation is the Hindustan Innovation Centre (HIC) focused ...
Mangalam Industries Pvt Ltd
How is the man-made fibre (MMF) industry shaping up? How is Mangalam...
Messe Frankfurt (Hong Kong)
Can you elaborate on the role of sustainability in textiles? How is China...
Iago Castro Asensio
RCfil Distribuciones S.L.
<b><i>Iago Castro Asensio, International Business Manager of RCfil...
Glen Raven Inc
<i><b>Paige Mullis</b> discusses the expansion plans of Glen Raven Inc in...
Mr Ambrose Chan
DSG International (Thailand) PLC
Mr. Ambrose Chan discusses the vast world of baby and adult diapers from a ...
Occasions Elegance Wear
It is believed that by early 19th century, Varanasi weavers had moved away ...
Bridal couture created with rich Indian heritage, exquisite craftsmanship...
Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...