Home / Knowledge / News / Textiles / Higher global yarn but lower fabric inventories
Higher global yarn but lower fabric inventories
26
Mar '09
The 3rd quarter in 2008 was marked by a fall of global textile production in comparison to the previous quarter. Global yarn output shrunk as a consequence of lower output in Asia, Europe and North America which could not be offset by a considerable higher yarn output in South America. Global fabric production on the other hand was lower with Asia's, Europe's and North America's production being down.

Only South America recorded an increase. Global yarn stocks rose slightly in the 3rd quarter while the reduction of fabric inventories continued. During the same period yarn and fabric orders in Europe decreased. In Brazil yarn orders remained unchanged while fabric orders went up strongly.

On a global scale yarn production was 2.8% lower in the 3rd quarter compared to the previous one mainly as a result of lower yarn production in Asia (-2.6%), Europe (-3.6%) and North America (-21.4%). Only South America recorded an increase of +12.9%. On an annual basis, world yarn production was up by +4.6% with Asia's and South America's production reaching +6.2% and +33.9%, respectively, while Europe's and North America's output fell by -14.8% and -27.2%, respectively.

In comparison to the previous quarter, world fabric production fell in the 3rd quarter by -1.7% due to lower output levels in Asia, Europe and North America (-1.6%, -4.4% and -5.4%, respectively). South America's fabric production increased during this period by +2.4%. Year-on-year world fabric production dropped by -4.3%. Europe, Asia and North America experienced significant lower output levels (-2.5%, -5.2% and -27.8%, respectively), whereas South America's soared by +15.6%.

Global yarn inventories rose slightly by +0.3% compared to the 2nd quarter. In Asia yarn stocks were higher (+0.6%), Europe reported lower ones (-0.6%) and those in North and South America remained at the same levels. On an annual basis global yarn stocks in the 3rd quarter increased by +2.4% with Asia, Europe and South America recording rises of +0.4%, +5.7% and +24.3%, respectively.

Global fabric stocks dropped in the 3rd quarter by -11.8% as a result of lower inventories in Asia (-20.2%) and Europe (-0.7%) despite an increase in North America (+3.9%) and with South America's fabric inventories unchanged. Year-on-year fabric inventories fell worldwide by -35.2% with all regions reporting decreases: Asia -48.4%, South America -12.4%, North America -11.0 % and Europe -2.0%.

Yarn orders fell in the 3rd quarter in Europe by -0.6% and were stable in Brazil but fell on an annual basis by -1.6% and -6.8%, respectively. Fabric orders in Europe came down by -0.6% but rose by +2.4% in Brazil. In comparison to the 3rd quarter of 2007 they decreased in Europe by -1.0% but soared in Brazil by +9.3%.

International Textile Manufacturers Federation

Must ReadView All

Textiles | On 26th Apr 2017

Kering's consolidated revenue growth rises 31.2% in Q1

The consolidated revenue growth for luxury group Kering for the first ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Textiles | On 26th Apr 2017

CITA to add insufficiently available fabric in CAFTA-DR

The Committee for the Implementation of Textile Agreements (CITA) has ...

Interviews View All

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mohammad Hassan
Biax Fiberfilm

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

Paolo Ocleppo
Sandvik Hyperion

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

Jay Ramrakhiani
Occasions Elegance Wear

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

Wendell Rodricks
Wendell Rodricks

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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