Home / Knowledge / News / Textiles / T&G industry output value shrinks sharply in Q3
T&G industry output value shrinks sharply in Q3
25
Nov '08
Impacted by a sharp demand drop of raw materials, Taiwan's textile industry has frequently reduced production capacity in the past few months. According to estimates of Taiwan Textile ITIS, Taiwan's total textile and garment industry output value realized NT 107.84 billion in the third quarter of this year, a decrease of 14.76 percent year-on-year, of which, value drop in garments and apparel goods was 3 percent, representing the biggest decline.

The steep decline in international prices of raw materials like chemical fibre in the third quarter has forced chemical fibre plants in Taiwan to completely close their plants or operate at lower capacities. There are reports of most polyester factories having reduced their production capacity by nearly 40-50 percent.

Taiwan textile ITIS estimates that output value of man-made fibre industry was NT 31.63 billion in the third quarter, representing a 8.73 percent decline over the same period last year; output value of the textile industry was NT 68.59 billion, a reduction of 11.22 percent and output value of clothing and apparel goods industry was NT 7.614 billion, showing a decline rate of 26.27 percent and which also has been depicting a downward trend since 2001.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 27th Apr 2017

Maharashtra govt working on second textiles policy

The textiles department of the government of Maharashtra is working...

Apparel/Garments | On 27th Apr 2017

EC takes action to make garment sector more sustainable

The European Commission (EC) has presented a set of focused actions...

Textiles | On 27th Apr 2017

Seven new organisations join ZDHC Programme

The Zero Discharge of Hazardous Chemicals (ZDHC) Programme from...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Marcel Alberts
Eurofibers

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

Mark Paterson
Technical Absorbents Ltd

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

Steve Cole
Xerium Technologies

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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



X