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

Apparel/Garments | On 25th Sep 2017

Vietnam textile sector to gain if EU FTA gets ratified

Experts feel the Vietnam-European Union (EU) free trade agreement...

Prime Minister Narendra Modi dedicating the Deendayal Hastkala Sankul to the nation, in Varanasi, Uttar Pradesh on September 22, 2017. Courtesy: PIB

Textiles | On 25th Sep 2017

Handicrafts trade facilitation centre opens in Varanasi

Prime Minister Narendra Modi dedicated the Deendayal Hastkala Sankul, ...

Apparel/Garments | On 25th Sep 2017

AAFA urges US govt to plug lacunae in military procurement

The American Apparel & Footwear Association (AAFA), an alliance of...

Interviews View All

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Mark Paterson
Technical Absorbents Ltd

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Rupa Sood and Sharan Apparao
Nayaab

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Pranav Mishra
Huemn

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

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

September 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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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