Saurer's market survey on global fiber production in 2005

09 Feb '06

2 min read

Textile machinery manufacturer Saurer proudly presents preliminary 2005 fiber production figures. Last year's activity was characterized by uncertainty from the abolition of quotas, strong increases of crude oil prices and its intermediates, ongoing shifting of capacity towards Asia and technical reactions resulting from high fiber inventories in 2004.

After the strong rise in 2004, growth rate came down to 2.2 percent. This corresponds with a volume slightly surpassing 70 million tonnes. However, last year's performance has led to a situation we last witnessed in 1982. Natural fibers have enjoyed favorable conditions in demand, while manmade fibers did not manage to achieve the production level of 2004. Other natural fibers (kapok, ramie, flax, hemp, jute, sisal, coir) remained unchanged at 5.7 million tonnes.

Natural fibers were able to gain ground, in particular due to a strong 6.1 percent increase of cotton consumption. This was partly driven by lower prices in several regions. Raw cotton production declined by 6.7 percent, causing a 1.6 percent decrease in ending stocks. However, the demand is decisive for judging utilization rate in the downstream spinning industry. Cellulosics have continued their five years old growth development, rising by 3.5 percent to 3.3 million tonnes. Synthetics have marginally lost market share as a result of a 0.3 percent decrease to 34.6 million tonnes.

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Saurer AG

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