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 24th Jan 2017

Textile industry demands relaxation of laws from Budget

The upcoming Union Budget 2017-18 should focus on relaxing certain...

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Textiles | On 24th Jan 2017

Indian cotton consumption estimated at 290 lakh bales: CAI

The domestic consumption of cotton during the crop season 2016-17...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Lynda Kelly
Suominen Corporation

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

Urs Stalder
Sanitized AG

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Rupa Sood and Sharan Apparao
Nayaab

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Wendell Rodricks
Wendell Rodricks

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

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
January 2017

January 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