Interviews
Global fabric production on rise
14 Jun '07
3 min read
On an annual basis Asia's production jumped by 32.0%, whereas North America (-40.8%), South America (-8.2%) and Europe (-4.6%) reported lower output levels.
The level of yarn stocks increased by 5.9% in the last quarter of 2006 with higher stock levels reported both from Asia (+8.8%) and Europe (+1.4%), while South America's fell by -2.6%. Compared to previous year's quarter yarn inventories were up only in Asia (+9.3%) with Europe's, South and North America's falling by -5.9%, -0.8% and -1.2%, respectively.
In the fourth quarter of 2006 global inventories of fabrics rose by 15.2% as a result of higher stocks in Asia (+35.7%) with Pakistan reporting a surge of +39.4%. On the other hand, in¬ventories in Europe, North and South America declined by -12.8%, -3.5% and -2.8%, respectively.
Compared to the fourth quarter of 2005 the increase in global inventories of fabrics was even more stunning (+53.2%) with Asia experiencing a jump of +183.5% due to the tripling of inventories in Pakistan (+324%).
Yarn orders in Europe went up by 3.0% in the last quarter of 2006, while Brazil's declined by -12.9%. In comparison to last year's fourth quarter yarn orders were also higher in Europe (+1.3%) but lower in Brazil (-7.1%).
Fabrics order in Europe and Brazil decreased by -3.1% and -14.9%, respectively, in the last quarter of 2006. On a year-to-year basis orders dropped by -5.2% in Europe and -23.4% in Brazil.
The level of yarn stocks increased by 5.9% in the last quarter of 2006 with higher stock levels reported both from Asia (+8.8%) and Europe (+1.4%), while South America's fell by -2.6%. Compared to previous year's quarter yarn inventories were up only in Asia (+9.3%) with Europe's, South and North America's falling by -5.9%, -0.8% and -1.2%, respectively.
In the fourth quarter of 2006 global inventories of fabrics rose by 15.2% as a result of higher stocks in Asia (+35.7%) with Pakistan reporting a surge of +39.4%. On the other hand, in¬ventories in Europe, North and South America declined by -12.8%, -3.5% and -2.8%, respectively.
Compared to the fourth quarter of 2005 the increase in global inventories of fabrics was even more stunning (+53.2%) with Asia experiencing a jump of +183.5% due to the tripling of inventories in Pakistan (+324%).
Yarn orders in Europe went up by 3.0% in the last quarter of 2006, while Brazil's declined by -12.9%. In comparison to last year's fourth quarter yarn orders were also higher in Europe (+1.3%) but lower in Brazil (-7.1%).
Fabrics order in Europe and Brazil decreased by -3.1% and -14.9%, respectively, in the last quarter of 2006. On a year-to-year basis orders dropped by -5.2% in Europe and -23.4% in Brazil.
International Textile Manufacturers Federation
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