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Shipments of new textile machinery fall in 2015
23
May '16
The global economic slowdown has hit the textile machinery industry with shipments in some of the textile machinery segments experiencing declines in 2015. Deliveries of new short-staple spindles fell by nearly 8 per cent from 2014 to 2015. Shipped long-staple spindles and open-end rotors decreased by 61 per cent and 6 per cent, respectively. The number of shipped draw-texturing spindles fell by 26 per cent and shipments for new circular knitting machines by 6 per cent year-on-year. In contrast, deliveries of shuttle-less looms increased by 14 per cent in 2015 and shipments of flat-knitting machines rose by 52 per cent.

These are the main results of the 38th annual International Textile Machinery Shipment Statistics (ITMSS) released by the International Textile Manufacturers Federation (ITMF). The report covers six segments of textile machinery, namely spinning, draw-texturing, weaving, large circular knitting, flat knitting and finishing. The 2015 survey has been compiled in cooperation with over 140 textile machinery manufacturers, representing a comprehensive measure of world production. This number does not include the numerous Chinese companies that are represented by the so called “District”. The number of participating companies is likely to be around 200.

Shipments of new short-staple spindles fell by nearly 8per cent year-on-year in 2015, the second decrease in a row. The level of short staple spindles declined to about 9 million spindles, the lowest level since 2009. Most of the new short staple spindles (92 per cent) were shipped to Asia, whereby shipments fell by 7 per cent year-on-year. Thereby China, the world's largest investor of short-staple spindles, experienced a decline of 26 per cent, whereas deliveries to Bangladesh, Indonesia and Vietnam rose by 97 per cent, 4 per cent and 31 per cent, respectively. All of the five largest investors for short-staple spindles in 2015 originate from Asia and include China, India, Vietnam, Bangladesh and Indonesia, ITMF said in a press release.

Global shipments of long-staple (wool) spindles decreased sharply by 61 per cent from around 138,000 in 2014 to nearly 54,000 in 2015. Deliveries to Turkey, one of the main investors of long-staple spindles in the last few years, fell by 83 per cent from 67,000 in 2014 to over 11,000 spindles in 2015. The majority of long-staple spindles (58 per cent) were shipped to Asia. Nearly 41 per cent of long-staple spindles were shipped to Europe. In 2015, Iran was the largest investor with 14,200 spindles, followed by China with over 13,000 spindles.

 

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