Home / Knowledge / News / Textiles / Texturing spindles & circular knitting machines record a recovery
Texturing spindles & circular knitting machines record a recovery
28
May '10
The steep reduction in global shipments of new textile machinery in 2008 following a strong investment period between 2003 and 2007 continued in 2009 in most of the segments. Compared to 2008 shipments of spinning machinery were down by -17% (short-staple spindles) and -26% (open-end rotors), of weaving machinery (shuttle-less looms) by -3% and of flat knitting machinery (electronic) by -12%. On the other hand shipments of texturing spindles recorded an increase of +49% and that of circular knitting machines of +20%. The investment boom until 2007 which was closely related to China's integration into the WTO structures and the phasing-out at the end of 2008 of the traditional quota-regime under the WTO-Agreement on Textiles and Clothing (ATC) came to an abrupt end in 2008 both for cyclical reasons as well as a result of the global financial and economic crisis.

These are the main results of the 32nd annual International Textile Machinery Shipment Statistics (ITMSS) just released by the International Textile Manufacturers Federation (ITMF). The report covers six types of textile machinery, namely spinning, texturing, weaving, large circular knitting, flat knitting and finishing machinery. The 2009 survey has been compiled in cooperation with some 112 textile machinery manufacturers, representing a comprehensive measure of world production.

Spinning Machinery
Following a considerable drop in shipments of short-staple spindles in 2008 (-33%) shipments continued to fall by another -17% in 2009. Compared to 2007 global shipments plummeted until 2009 by -44% to 7.2 million spindles. Nevertheless, this is still well above the pre-investment boom levels when shipments reached around 3.7 million spindles. By far the largest part of this new machinery was destined for Asia (7.0 million or 97%). China alone absorbed 5.04 million or 70% of global shipments, followed by India (1.37 million or 19%), Vietnam (111,000 or 1.5%), Bangladesh (108,000 or 1.5%), Myanmar (89,000 or 1.2%), Turkey (85,000 or 1.2%) and Turkmenistan (82,000 or 1.1%).

Global shipments of long-staple (wool-) spindles plummeted in 2009 by -78% to only 32,000. Shipments to Asia decreased by -85% to 16'800. Also shipments to Europe (incl. Turkey) fell by -43% to 10,600 as well as to South America where shipments fell by -30% to 4,600. Like in 2008 there were no shipments in 2009 to Africa. Also North America did not receive any long-staple spindles in 2009 (2008: 2,500).

After an exceptional sky-rocketing increase in 2007 to 576,000 (+64% compared to 2006), investments in open-end rotors plummeted in 2008 by -66% to 195,650 and continued to do so in 2009 to merely 144,500 (-26%). With 120,300 rotors or 83% Asia was again the main recipient of open-end rotors in 2009. With 79,000 China's global share reached 55% followed by India as a distant second with 9% or 12,600, Brazil with 8% or 11,500 and Kazakhstan with 4% or 6,400 and Indonesia with 4%or 6,100.


Must ReadView All

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Apparel/Garments | On 22nd Sep 2017

Govt announces new duty drawback rates for garments

The Government of India has today announced the new duty drawback...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Lynda Kelly
Suominen Corporation

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mohammad Hassan
Biax Fiberfilm

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

Igor Chapurin
Chapurin

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

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

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