;
Home / Knowledge / News / Textiles / Yarn production grows but of fabric lowers
Yarn production grows but of fabric lowers
03
Jul '08
Once more global yarn production rose in the 4th quarter of 2007 as a result of higher output levels in Asia and South America, whereas Europe and North America recorded lower ones. Fabric production on the other hand was down in all regions with the exception of Europe. Yarn inventories increased in all regions, whereas fabric stocks were up only in Asia but down everywhere else. Yarn and fabric orders in Europe were lower, while Brazil recorded higher yarn but lower fabric orders.

Global yarn production increased in the 4th quarter by +2.7% as a consequence of higher production levels in Asia (+3.7%) and South America (+8.1%) and despite significant lower output in Europe (-10.1%) and North America (-9.1%). Compared to the 4th quarter 2006 global yarn output was up by +9.2% owing to the fact that output jumped in Asia by +11.7%, whereas all other regions recorded lower output levels with Europe being down by -11.9%, South America by -8.0% and North America by -5.1%.

From a record high fabric production fell on a global scale by -4.3% with all regions contributing to this decline except Europe (+1.8%). Fabric production in North America, Asia and South America fell by -16.5%, -4.9% and -0.2%, respectively. On an annual basis world fabric output was up by +5.9% resulting from higher levels in Asia (+8.6%) and South America (+0.8%) more than offsetting the drop in North America (-12.3%) and the significant reduction in Europe (-6.0%).

Global yarn stocks reached the highest level in the past three years and were up by +3.4% in the 4th quarter of 2007 with all regions contributing to this increase. Yarn inventories jumped in South America (+31.5%) and rose slightly in Europe and Asia by +3.4% and +2.4%, respectively. Year on year global yarn stocks were higher as well (+3.6%). While Europe and Asia reported higher inventories (+14.1% and +5.7%, respectively), South America's decreased by -19.0%.

Also global fabric inventories rose slightly in the 4th quarter (+1.3%) compared to the previous one as a result of higher inventories in Asia only (+3.5%). Fabric stocks in Europe, South and North America came down by -5.5%, -1.6% and -0.9%, respectively. Compared with previous year's 4th quarter fabric stocks worldwide dropped by -28.3%. With -35.3% Asia experienced the strongest decline followed by Europe, North America and South America with -7.1%, -7.1% and -4.3%, respectively.

In the 4th quarter yarn and fabric orders in Europe decreased by -2.8% and -2.0%, respectively. On an annual basis these orders fell by -6.7% and -2.7%, respectively. In Brazil the picture was slightly different with yarn orders up by +8.3% compared to the 3rd quarter and up by +2.3% year on year. Fabric orders on the other hand were down both compared to the previous and to the 4th quarter of 2006 (-15.6% and -8.4%, respectively).

International Textile Manufacturers Federation


Must ReadView All

Courtesy: Lululemon

Apparel/Garments | On 16th Dec 2018

Lululemon’s net revenue up 21% in Q3 2018

Lululemon Athletica Inc, a healthy lifestyle inspired athletic...

Courtesy: Walmart

Apparel/Garments | On 16th Dec 2018

Rakuten, Walmart start Walmart ecommerce store in Japan

Rakuten and Walmart have joined hands to start the first Walmart...

Courtesy: H&M

Apparel/Garments | On 16th Dec 2018

H&M Group's wage summit discusses fair wages

The textile and fashion industries were brought together by H&M Group ...

Interviews View All

Kamlesh Vaghela, RK Textiles

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Jim Desai, Blaiva Fabricaa

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Representatives, Textile & apparel industry

Representatives
Textile & apparel industry

GST is a complicated and lengthy process

Mark Tokuhara,

Mark Tokuhara

Japan-based FitJoy, a shoe brand for women, has been in the footwear...

Gagan Gulati,

Gagan Gulati

PG Silk Mills Private Limited had a humble start with a hand-dyeing unit....

Iacopo Pardini,

Iacopo Pardini

Founded in 1953, Italian engineering company Arioli Spa started...

Karl Zelik, Vanderbilt University

Karl Zelik
Vanderbilt University

A team of engineers at the Vanderbilt University has designed a smart...

Kai Poehler, Voith Paper GmbH & Co. KG

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Johan Berlin, Investkonsult Sweden AB

Johan Berlin
Investkonsult Sweden AB

Investkonsult Sweden AB are consultants in the nonwoven and absorbent...

Pranav Mishra, Huemn

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Rajesh Pratap Singh, Rajesh Pratap Singh

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Adriano Goldschmied, AG Jeans

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

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


December 2018

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

news category


Related Categories:

Advanced Search