Home / Knowledge / News / Textiles / World fabric & yarn output rises in second quarter: ITMF
World fabric & yarn output rises in second quarter: ITMF
05
Nov '14
Despite a drop in Europe, global yarn output rose in the second quarter of 2104 from its previous quarter, due to higher yarn production in Asia, South and North America.

“On an annualised basis, yarn production increased, only as a result of higher output in Asia with South America, North America and Europe recording reductions,” the latest report of the International Textile Machinery Federation (ITMF) reveals.

Asia’s production is traditional significantly higher in the second quarter, compared to the first quarter, as a result of fewer working days in China in the first quarter, due to the Chinese New Year holidays.

Worldwide yarn stocks remained practically unchanged in the second quarter, when compared with its previous quarter, with stocks falling in South America and Europe, offset by higher inventories in Asia.

Year-on-year, global yarn stocks jumped due to higher inventories in Europe and especially in Asia and also despite, plummeting inventories in South America, while yarn orders in the reporting quarter were up in Brazil but down in Europe, both from a year earlier and also previous quarter.

The ITMF report reveals that global fabric production rose in the second quarter with all regions except, Europe contributing to this growth and on an annualised basis, world fabric output also rose, with Asia, Europe and South America recording higher output.

World fabric stocks in the quarter under review were lower due to declines in inventories in South America and Europe, while inventories in Asia and North America increased slightly.

Also on an annualised basis, global fabric inventories fell due to reductions in South America and Europe and despite higher inventories in Asia and North America.

Fabric orders in Europe recorded a reduction in the second quarter, while they rose in Brazil and year-on-year fabric orders were higher in Europe but lower in Brazil.

The ITMF report says estimates for yarn production for the third quarter of 2014 are positive in Asia, North and South America but negative in Europe, while estimates for fabric production are positive in Asia and South America, but negative in Europe.

The outlook for yarn production for the fourth quarter of 2014 is positive in Asia and stable in Europe and the outlook for fabric production is positive in Asia and stable in Europe.

In comparison to the first quarter, global yarn production increased in the second quarter by 15.9% due to higher output in Asia which was up 17.0%, South America 5.9% and North America 3.5% and irrespective of fall in production by 3.2% in Europe.

Also in comparison to last year’s second quarter, global yarn output was up by 11.1%. This increase was a result of a surge in yarn production in Asia of 12.5%, while output declined in South America by 14.5%, North America 1.1% and Europe by a marginal 0.3%.


Must ReadView All

Textiles | On 19th Aug 2017

New fabric interfaces to interact with computers

As computer capabilities evolve, new fabric-based interfaces are...

Textiles | On 19th Aug 2017

Brazilian cotton prices drop in first fortnight of August

Cotton prices dropped in the Brazilian market in the first fortnight...

Apparel/Garments | On 19th Aug 2017

Target to acquire Grand Junction for faster deliveries

Target Corporation has announced that it has agreed to acquire Grand...

Interviews View All

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Steve Cole
Xerium Technologies

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

Urs Stalder
Sanitized AG

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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

August 2017

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
66.7%
No
16.7%
Skip
16.7%

Total Votes: 30

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
43.3%
No
36.7%
Skip
20.0%

Total Votes: 30

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
83.3%
No
6.7%
Skip
10.0%

Total Votes: 30

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
60.0%
No
10.0%
Skip
30.0%

Total Votes: 30


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