Home / Knowledge / News / Textiles / Texturing spindles & circular knitting machines record a recovery

Texturing spindles & circular knitting machines record a recovery

28
May '10
The steep reduction in global shipments of new textile machinery in 2008 following a strong investment period between 2003 and 2007 continued in 2009 in most of the segments. Compared to 2008 shipments of spinning machinery were down by -17% (short-staple spindles) and -26% (open-end rotors), of weaving machinery (shuttle-less looms) by -3% and of flat knitting machinery (electronic) by -12%. On the other hand shipments of texturing spindles recorded an increase of +49% and that of circular knitting machines of +20%. The investment boom until 2007 which was closely related to China's integration into the WTO structures and the phasing-out at the end of 2008 of the traditional quota-regime under the WTO-Agreement on Textiles and Clothing (ATC) came to an abrupt end in 2008 both for cyclical reasons as well as a result of the global financial and economic crisis.

These are the main results of the 32nd annual International Textile Machinery Shipment Statistics (ITMSS) just released by the International Textile Manufacturers Federation (ITMF). The report covers six types of textile machinery, namely spinning, texturing, weaving, large circular knitting, flat knitting and finishing machinery. The 2009 survey has been compiled in cooperation with some 112 textile machinery manufacturers, representing a comprehensive measure of world production.

Spinning Machinery
Following a considerable drop in shipments of short-staple spindles in 2008 (-33%) shipments continued to fall by another -17% in 2009. Compared to 2007 global shipments plummeted until 2009 by -44% to 7.2 million spindles. Nevertheless, this is still well above the pre-investment boom levels when shipments reached around 3.7 million spindles. By far the largest part of this new machinery was destined for Asia (7.0 million or 97%). China alone absorbed 5.04 million or 70% of global shipments, followed by India (1.37 million or 19%), Vietnam (111,000 or 1.5%), Bangladesh (108,000 or 1.5%), Myanmar (89,000 or 1.2%), Turkey (85,000 or 1.2%) and Turkmenistan (82,000 or 1.1%).

Global shipments of long-staple (wool-) spindles plummeted in 2009 by -78% to only 32,000. Shipments to Asia decreased by -85% to 16'800. Also shipments to Europe (incl. Turkey) fell by -43% to 10,600 as well as to South America where shipments fell by -30% to 4,600. Like in 2008 there were no shipments in 2009 to Africa. Also North America did not receive any long-staple spindles in 2009 (2008: 2,500).

After an exceptional sky-rocketing increase in 2007 to 576,000 (+64% compared to 2006), investments in open-end rotors plummeted in 2008 by -66% to 195,650 and continued to do so in 2009 to merely 144,500 (-26%). With 120,300 rotors or 83% Asia was again the main recipient of open-end rotors in 2009. With 79,000 China's global share reached 55% followed by India as a distant second with 9% or 12,600, Brazil with 8% or 11,500 and Kazakhstan with 4% or 6,400 and Indonesia with 4%or 6,100.


Must ReadView All

Pic: Shutterstock

Textiles | On 22nd Oct 2021

China's coal output rises to meet energy shortfalls amid govt measures

China's coal supply has showed signs of picking up with daily...

Pic: Shutterstock

Textiles | On 22nd Oct 2021

Indonesia, China begin feasibility study on coal-to-methanol unit

Indonesia and China recently signed an MoU to conduct a feasibility...

UK Prime Minister Boris Johnson (Right) in virtual conversation with New Zealand PM Jacinda Ardern Pic: GOV.UK

Textiles | On 21st Oct 2021

UK, New Zealand agree to comprehensive trade agreement

The UK and New Zealand have agreed to a comprehensive trade agreement ...

Interviews View All

Gaurav Davda, Jindal Worldwide Ltd

Gaurav Davda
Jindal Worldwide Ltd

Indian MMF sector to become globally competitive

Textile Industry, Head honchos

Textile Industry
Head honchos

Extension of RoSCTL to boost textile exports

Textile Industry, Head honchos

Textile Industry
Head honchos

Fabric selection & recommendation based on client's brief

Akram Tariq Khan,

Akram Tariq Khan

E-commerce brand YourLibaas meaning "garment or attire" in Udru, was...

Shivendra Nigam,

Shivendra Nigam

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

Nantas Montonati,

Nantas Montonati

The Riri Group is a one-stop supplier of metal accessories for the luxury...

Karan Bose, Hula Global

Karan Bose
Hula Global

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

Asif Rahman, MIP

Asif Rahman
MIP

MIP is a manufacturer and distributor of high-performance textiles and...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, a global association of the nonwoven fabrics industry, has been...

Sarah Denise Cordery, Sarah Denise Studio

Sarah Denise Cordery
Sarah Denise Studio

Manchester, England-based Sarah Denise Studio provides relevant fashion...

Manish Malhotra, Label Manish Malhotra

Manish Malhotra
Label Manish Malhotra

A multitalented designer and founder of an eponymous label, Manish...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali
Kalaneca

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

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


October 2021

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


Advanced Search