Home / Knowledge / News / Textiles / Decline in global yarn & fabric output

Decline in global yarn & fabric output

24
Feb '07
After a three year high in the Second Quarter of 2006, global yarn production fell despite higher output in Asia due to significant lower results in all other regions. Fabric production decreased in all regions with North America experiencing the strongest reduction.

The level of global yarn stocks continued to rise in the Third Quarter of 2006 as a result of higher inventories in Asia, Europe and South America. With global fabric stocks slightly lower compared to the previous Quarter, the upward movement of the past three years came to an halt mainly as a result of lower inventories in Asia and Europe. With respect to both yarn and fabric orders lower volumes were recorded.

The reduction of world yarn output in the Third Quarter of 2006 compared to the previous one (-1.0%) was a result of lower output in Europe, North America and South America (-6.9%, -8.4% and -4.9%, respectively), which could not be compensated by an increasing output in Asia (+2.0%). On an annual basis, world yarn production was slightly higher with an increase of +0.8% with Asia, South America and Europe expanding their output (+5.6%, +4.8% and +0.7%, respectively) and North America recording a significant curtailment of -16.6%.

Global fabric production in the Third Quarter of 2006 fell by -3.2% in comparison with the Second Quarter, with all regions contributing to this decrease (North America: -8.1%; Europe: -7.7%; South America: -1.3% and Asia: -0.9%). On a year-to-year basis, world fabric output dropped even stronger (-4.8%). While Asia still recorded a slight increase of +1.9%, North America suffered a sharp decline of -33.1%, followed by Europe (-3.5%) and South America (-3.5%).


Must ReadView All

Pic: ADB

Textiles | On 28th Sep 2021

ADB approves $250-mn loan to support Bangladesh’s economic recovery

The Asian Development Bank has approved a $250-million policy-based...

Pic: Shutterstock

Textiles | On 28th Sep 2021

US 2020-21 cotton exports highest in 15 years

Spurred by record global imports, US cotton exports in 2020-21 were...

Pic: The Microfibre Consortium

Textiles | On 28th Sep 2021

New pledge for zero impact from textile fibre fragmentation by 2030

The Microfibre Consortium executive director Sophie Mather has...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Strongly believe in 'people first' policy.

Textile Industry, Head honchos

Textile Industry
Head honchos

Good tidings expected for textile industry

Textile Industry, Head honchos

Textile Industry
Head honchos

Multi-functional garments will be next big thing

Ujjval Saraf,

Ujjval Saraf

Founded by Jimmy Lai, Giordano International Ltd, a Hong Kong based...

Rishav Bajoria & Subham Sengupta,

Rishav Bajoria & Subham Sengupta

Launched in October 2020, the Gumti app could not have come at a more...

Chendhuran Sundar,

Chendhuran Sundar

It manufactures and retails menswear garments in India under the brand...

Tiasha Renganathan, Twinery Innovations by MAS

Tiasha Renganathan
Twinery Innovations by MAS

Twinery-Innovations by MAS is the innovation arm of Sri Lankan company MAS ...

Shujaul Rehman, Garware Technical Fibres

Shujaul Rehman
Garware Technical Fibres

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Karan Bose, Hula Global

Karan Bose
Hula Global

Hula Global, a leading isolation gown manufacturer in India, has been...

Shalini Sharma & Shweta Pundir Sharma, Six Yard Story

Shalini Sharma & Shweta Pundir Sharma
Six Yard Story

Six Yard Story is a premium artisanal brand with a focus to bring handloom ...

Seema Gujral, Label Seema Gujral

Seema Gujral
Label Seema Gujral

<b>Seema Gujral</b>'s designs for her eponymous label revolve around...

Raghavendra Rathore, Label Raghavendra Rathore Jodhpur

Raghavendra Rathore
Label Raghavendra Rathore Jodhpur

Being one of the first designers to use the "Brand India" positioning for...

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

Leave your Comments


September 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search