Home / Knowledge / News / Textiles / Yarn & fabric production rise in Q2, ITMF
Yarn & fabric production rise in Q2, ITMF
13
Dec '08
International Textile Manufacturers Federation (ITMF) releases trade report of second quarter of 2008. The 2nd quarter in 2008 saw a significant rebound in global textile production compared to the first quarter of 2008. Yarn output was higher in all regions except in North America. Especially China's production rose strongly.

Fabric production increased in Asia and South America but fell in Europe and North America. Again China's output surged. The downward trend in yarn and fabric stocks came to a halt in the 2nd quarter of 2008, remaining at the lowest level since more than 3 years in the case of yarn and since two years in the case of fabric inventories. Yarn orders were slightly lower in Europe and slumped in Brazil, while fabric orders fell in Europe but increased in Brazil.

On a global scale yarn production surged in the 2nd quarter by +17.9% mainly as a result of higher yarn production in Asia (+20.0%), South America (+13.0%) and Europe (+0.4%) – with the exception of North America where a reduction of -5.8% was recorded. China's output alone jumped by +25.9%. On an annual basis, world yarn production was also up by +7.9% with Asia's and South America's production growing by +10.1% and +11.6%, respectively, and Europe's and North America's being down by -16.4% and -11.1%, respectively.

In comparison to the previous quarter, world fabric production rose by +9.6% due to higher output levels in Asia and South America (+11.7% and +7.9%, respectively). Again China was the dominant force with a surge in fabric production of +20.3%. Europe and North America, on the other hand, reported a decrease in production of -2.7% and -6.1%, respectively. Year-on-year world fabric production remained unchanged on a high level. While Asia's and South America's output rose by mere +1.5% and +0.5%, respectively, Europe's fell be -6.3% while North America's dropped by -22.6%.

Global yarn inventories went up slightly by +0.3% compared to the 1st quarter 2008. In Asia yarn stocks were higher (+0.9%); Europe reported lower ones (-0.7%); those in North and South America remaining at the same level. On an annual basis global yarn stocks were significantly lower (-10.2%) with Asia and South America recording significant drops of -17.5% and -8.7%, respectively, whereas Europe's yarn inventories increased by +9.1%.

As a result of lower inventories in North America (-3.0%), Europe (-1.4%) and Asia (-0.2%) global fabric inventories were reduced slightly by -0.5%. Year-on-year fabric inventories dropped world wide by -16.4% with all regions reporting decreases: South America (-23.4%), Asia (-18.5%) and North America (-13.0%). Only Europe reported higher fabric inventories (+1.2%).

In the 2nd quarter of 2008 yarn orders fell in Brazil and Europe (-18.1% and -0.5%, respectively). On an annual basis yarn orders fell in Brazil and Europe by -9.5% and -4.4%, respectively. Fabric orders in Europe came down in the 2nd quarterby -0.7% but jumped by +9.0% in Brazil. In comparison to the 2nd quarter of 2007 fabric orders in Europe decreased by -3.0% but soared in Brazil by +10.2%.

International Textile Manufacturers Federation


Must ReadView All

EU, Japan finalise Economic Partnership Agreement

Textiles | On 18th Dec 2017

EU, Japan finalise Economic Partnership Agreement

Building on the political agreement reached in principle during the...

WTO, ITC launch cotton portal to enhance transparency

Textiles | On 18th Dec 2017

WTO, ITC launch cotton portal to enhance transparency

The World Trade Organisation (WTO) and the International Trade Centre ...

India much behind China in containerised cargo capacity

Textiles | On 18th Dec 2017

India much behind China in containerised cargo capacity

India’s total containerised cargo capacity of 8.75 million...

Interviews View All

Amit Jain
Shingora Textiles Ltd

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

Karel Williams
Dow Microbial Control

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

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Mark Paterson
Technical Absorbents Ltd

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

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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 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
68.1%
No
13.8%
Skip
18.1%

Total Votes: 94

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
62.8%
No
29.8%
Skip
7.4%

Total Votes: 94

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
9.6%
Skip
3.2%

Total Votes: 94

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
81.9%
No
8.5%
Skip
9.6%

Total Votes: 94


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