Home / Knowledge / News / Textiles / Global yarn output rises 6.3% in Q3/2014: ITMF
Global yarn output rises 6.3% in Q3/2014: ITMF
14
Feb '15
Global yarn production witnessed a rise of 6.3 per cent in Q3/2014 in comparison to Q3/2013. This was supported by an increase of 7.3 per cent in output in Asia, whereas the other regions saw declines of 3.1 per cent annually in Europe, 2.4 per cent in North America and 12.3 per cent in South America, the International Textile Manufacturers Federation (ITMF) said in its ‘State of Trade Report Q3/2014’.
 
However, compared to the previous quarter, global yarn production fell 1.3 per cent in Q3/2014 due to lower output in Asia and Europe, which decreased by 1.4 per cent and 5.7 per cent respectively. During the same period, the yarn production in North America increased moderately by 1.1 per cent, while in South America it recorded a strong rise of 5.7 per cent.
 
On an annual basis, global yarn inventories rose by 3.7 per cent due to a strong increase in Asia (5.5 per cent). In Europe and South America yarn stocks were reduced by 2.1 per cent and 11.2 per cent respectively, said ITMF.
 
In Q3/2014 yarn orders in Brazil were up by 5.7 per cent quarter-on-quarter and by 0.5 per cent in Europe. On an annual basis yarn orders increased in Brazil by 12.5 per cent and fell in Europe by 0.3 per cent.
 
“Estimates for yarn production for Q4/2014 are positive in Asia and Europe, while in North and South America they are negative,” states the report.
 
It further adds, “The outlook for yarn production for Q1/2015 is positive in Europe and unchanged in Asia.” (RKS)
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Anshul Sood
Oceedee

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

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Lynda Kelly
Suominen Corporation

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Nisha Chanda
Whistling Woods International School of Fashion

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

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

July 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

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


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



X