Home / Knowledge / News / Textiles / Textile orders on the rise again, ITMF

Textile orders on the rise again, ITMF

19
Jan '10
The 3rd quarter of 2009 confirmed the strong rebound of global textile production observed in the previous quarter. Both global yarn and fabric production rose modestly in almost all regions, especially in South America, while North America recorded stagnant output.

Global yarn stocks fell slightly as a consequence of significant lower stocks in South America and Europe and despite slightly higher inventories in Asia. Global stocks of fabrics soared driven by Asia and South America, while Europe and North America saw inventories fall. Orders of yarn and fabrics in Europe and Brazil jumped significantly, especially in Brazil.

World yarn production rose in the 3rd quarter 2009 by +1.3% as compared to the previous quarter, confirming the impressive rebound of the 2nd quarter (+22%). With the exception of North America (-2.3%) all regions recorded increases, especially South America (+5.0%), Europe (+4.5%) and Asia (+1.2%).

Nevertheless, in comparison to last year's quarter only Asia experienced growth (+4.9%), while yarn production in North America, South America and Europe were still considerably below last year's levels (-24.6%, -5.3% and -4.5%, respectively).

Fabric production also grew worldwide by +1.2% in the 3rd quarter of 2009. Global fabric production increased or remained stable in all regions. In Asia and North America fabric production was unchanged compared to the previous quarter. Europe on the other hand recorded a slight increase of +0.9%, while fabric production in South America surged by +18.1%.

Year-on-year global fabric production was up by +4.2% due to higher outputs in South America (+11.8%) and Asia (+6.1%), while North America and Europe still recorded significantly lower production levels (-17.1% and -17.9%, respectively).

Global yarn inventories were almost unchanged (-0.6%) in the 3rd quarter of 2009 as compared to the previous one. Yarn stocks plummeted in South America by -15.3% and decreased in Europe by -3.2% but remained stable in North America and rose by +1.3% in Asia. On an annual basis yarn stocks were down by -2.3% globally with South America, Europe and Asia seeing reductions of -10.3%, -3.4% and -2.0%.

The level of global fabric stocks jumped in the 3rd quarter of 2009 worldwide from its lowest levels in years by +5.3%. While inventories in North America and Europe continued falling by -7.7% and -1.5%, respectively, reaching new lows, those in South America and Asia grew by +3.3% and +10.5%, respectively.

In comparison to last year's 3rd quarter, inventories rose by +2.2% on a global scale. This increase was a result of higher stocks in Asia only (+9.8%), while those in North America, South America and Europe fell by -18.3%, -3.8% and -3.3%, respectively.

In the 3rd quarter of 2009 both yarn and fabric orders experienced a strong increase. Yarn and fabric orders in Europe grew by +5.5% and +5.1%, respectively and those in Brazil even jumped by +19.1% and +10.0%, respectively. On an annual basis yarn and fabric orders in Europe were still down by -2.4% and -12.1%, respectively, whereas in Brazil they rose by +6.6% and +4.0%, respectively.

International Textile Manufacturers Federation


Must ReadView All

Pic: Shutterstock

Textiles | On 14th May 2021

European Commission upgrades EU growth outlook for 2021 & 2022

In its Spring 2021 Economic Forecast, the European Commission has...

Pic: Shutterstock

Textiles | On 14th May 2021

Global 2021-22 cotton consumption highest in 4 years: USDA

Record global cotton supply will drive higher consumption as recovery ...

Pic: Walmart

Retail | On 14th May 2021

Walmart to acquire virtual fitting room platform Zeekit

US retail giant Walmart is acquiring Zeekit, a female-founded,...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Blockchains will be in heavy use by early adopters by 2025

Textile Industry, Head honchos

Textile Industry
Head honchos

Value of 'Made in India' should get more importance

Textile Industry, Head honchos

Textile Industry
Head honchos

Consumer sentiment will be conservative after lockdown

Ismail Ajani,

Ismail Ajani

Hollywood Footwear’s story began in 1946 when Jummabhai Ajani started the...

Meghavi Suthar,

Meghavi Suthar

Founded by NIFT graduate <b>Meghavi Suthar </b>in 2017, Kala is an...

Shivendra Nigam,

Shivendra Nigam

Delhi-headquartered Cantabil Retail India Ltd was founded by Vijay Bansal...

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll
Lenzing

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

Daniel Odermatt, Ventile

Daniel Odermatt
Ventile

Ventile is a registered trademark used to brand a special high-quality...

Sanjay Raut, Garware Technical Fibres Ltd

Sanjay Raut
Garware Technical Fibres Ltd

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

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

Ruma Devi is a jet-setting promoter of artisans who has empowered...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Anjali Bhaskar has an experience of 12 years in the fashion industry. She...

Megha Kumari & Jigar Mali, Label Megha & Jigar

Megha Kumari & Jigar Mali
Label Megha & Jigar

New Delhi based label Megha &amp; Jigar blends India's unique handcrafts...

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


May 2021

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


Advanced Search