Home / Knowledge / News / Textiles / Textile fibre consumption expected to go up in 2008-09
Textile fibre consumption expected to go up in 2008-09
16
Apr '08
Preliminary data suggests that world textile fiber consumption increased by 4.8% to a record 67.7 million tons in 2007. World cotton consumption expanded by 3.8% to a record 26.9 million tons in 2007, marking the ninth year of continuous expansion but the second year of a decreasing rate of growth.

Preliminary data suggests that world demand for non-cotton fibers increased by 5.4% in 2007, compared to 3.8% in 2006, to 40.7 million tons. World non-cotton fiber consumption expanded at a higher rate than world cotton consumption in 2007 and, consequently, the market share of cotton decreased from 40.2% in 2006 to 39.8% in 2007.

In order to forecast possible consumption paths for cotton and non-cotton textile fibers for 2008 and 2009, different potential scenarios on global economic expansion, and cotton and polyester prices were simulated.

Simulation results suggest that: (a) textile fiber consumption will continue to expand in 2008 and 2009, (b) cotton consumption will increase slightly in 2008 but will decline or remain stagnant in 2009, and that (c) cotton's share of the world textile market will decline.

Textile fiber consumption forecasts range from 69.8 million tons to 70.5 million tons for 2008, and from 72.0 million tons to 73.7 million tons for 2009. Cotton consumption forecasts range from 27.2 million tons to 27.4 million tons for 2008, and from 27.1 million tons to 27.5 million tons for 2009.

The forecasts of the share of cotton in world textile fiber consumption range from 38.9% to 39.0% for 2008, and from 37.2% to 37.7% for 2009.

International Cotton Advisory Committee

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Lynda Kelly
Suominen Corporation

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

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...

Robert Brunner
Devereux

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

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search