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Global yarn output down but fabric output up in Q4
29 Apr '14
4 min read
Global yarn inventories were up by +1.2% in Q4/2013 due to higher stocks in Europe (+3.3%) and Asia (+1.4%) with stocks in South America down by -0.7%. On an annual basis global yarn inventories rose by +3.9% with Europe’s yarn inventory up by +4.6% and Asia’s by +3.2%. In South America yarn stocks were reduced by -5.5%.
Global fabric stocks in Q4/2013 increased slightly by +0.1% resulting from higher inventories in North America (+1.5%) and South America (+0,4%) and despite lower stocks in Europe (-1.1%) and Asia (-0.2%). Global fabric stocks were down year-on-year by -3.1% resulting from lower stocks in South America and North America (-16.8% and -0.2%, respectively). Fabric stocks in Asia and Europe on the other hand rose by +0.9% and +0.2%, respectively.
Yarn orders in Q4/2013 were up in Europe by +0.8% and down in Brazil by -18.7%. Compared to last year’s quarter, yarn orders recorded a fall in Brazil and Europe of -15.8% and -0.3%, respectively.
In Q4/2013 fabric orders fell in Brazil by -7.7% and by -2.9% in Europe. On an annual basis they were up in Brazil by +25.1% and in Europe by +3.8%.
ITMF
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