Home / Knowledge / News / Textiles / Cellulosic fibre production set to grow rapidly
Cellulosic fibre production set to grow rapidly
14
Nov '13
Cellulosic fibre production is set to continue growing rapidly in the coming years, according to global business information company Textiles Intelligence.

Faced with soaring raw cotton prices in 2011, many textile and apparel producers switched to man made fibres or started to use a greater proportion of man made fibres in blends.

Significantly, cellulosic fibre production worldwide rose by a healthy 11.0% in 2011 compared with a 3.7% rise in global demand for fibres of all types. Furthermore, cellulosic fibre production grew by an even faster 12.0% in 2012 while world fibre demand continued to grow by 3.7%.

Demand for cotton, on the other hand, fell by 7.0% in the 2011/12 season (August 1, 2011-July 31, 2012) and rose by only 2.3% in the 2012/13 season. Demand in China alone fell by 3.3% as the Chinese government’s policy of supporting domestic cotton prices at levels which are higher than world prices undermined cotton’s competitiveness in the country.

In fact, the rise in global cellulosic fibre production in 2012 was due almost wholly to expansion in the man-made fibre industry in China. In percentage terms, Chinese cellulosic fibre output rose by 17.3% in 2012 after growing by 19.5% in 2011.

Looking ahead, global cellulosic fibre capacity is expected to rise by 13.7% in the 21 months between March 2013 and December 2014 while demand for cotton in the 2013/14 season is projected to rise by a much slower 2.1%.

Growth in cotton demand will be hindered by the continued high price of cotton relative to the prices of substitute fibres. In China alone, cotton demand is forecast to fall by 0.6% as the industry continues to switch to alternative fibres because domestic cotton prices remain high relative to world cotton prices.

Significantly, over 85% of the increase in global cellulosic fibre capacity between March 2013 and December 2014 will take place in China and India alone. By the end of the 21-month period, Chinese capacity will represent 64.2% of the global total while India will account for 9.9%.

Admittedly, some new capacity is under construction in Western Europe -- in Austria -- but this will account for little over 1% of global cellulosic fibre capacity when it comes on stream.

Textiles Intelligence

Must ReadView All

Courtesy: Li & Fung

Textiles | On 24th Mar 2017

Li & Fung forms new supply chain partnership with PVH Corp

Li & Fung Limited, the world's leader in consumer goods design,...

Courtesy: Alizilla

Apparel/Garments | On 24th Mar 2017

Alibaba's eWTP finds first overseas base in Malaysia

In a step towards using the internet to bring small businesses around ...

Textiles | On 24th Mar 2017

BJMC to produce cotton-jute blended denim fabrics

To meet demand from the market, Bangladesh Jute Mills Corporation...

Interviews View All

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Urs Stalder
Sanitized AG

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Robert Brunner
Devereux

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

Bani Batra

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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

news category


Related Categories:
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search