According to ITMF International Textile Manufacturers Federation there is a pick in the production of yarn, with the exception of Europe. Yarn stocks are practically unchanged the first quarter of the ongoing year, however lower in Europe and Asia, however slightly higher in South America. Yarn orders in Europe and Brazil increased during the quarter. TextileFuture takes a deeper look at actual yarn and fabric figures, including ITMF estimates for the second quarter
Global yarn figures
Yarn production in the second quarter and compared to the first quarter of 2013, the estimates are positive for Asia and North America, neutral in South America and negative in Europe. The outlook for yarn production for the 3rd quarter of 2013 as against the first quarter is positive for Asia and North America and negative for Europe.
In the first quarter of 2013, and compared to the last of 2012, world yarn output increased 21.7 %, due to higher output in Asia (+23.6 %) and thereof in China ( 29.7 %), but also increases in North America (+ 5.0 %) and South America (+ 3.0 %). In contrast Yarn production in Europe decreased 0.9 %. On an annual basis yarn production increased 11.7 %, thereof in Asia (+13.0 %), South America (+2.9 %) and Europe (+1.4 %), whereas North America decreased 18.9 %.
Global yarn inventories decreased slightly in the first quarter 2013 (-1.7 %), thereof in Europe (-2.7 %) and Asia (2.0 %). On an annual basis, global yarn inventories decreased by 1.3 %. Yarn stocks in Asia tended down with 1.5 %, Europe 0.3 % and South America 0.2 %.
Yarn orders increased in the first quarter of the ongoing year, and on an annual basis they jumped 16.2 % in Europe and plummeted 17.6 % in Brazil.
Latest Global fabrics figures
Worldwide output of fabric decreased in the first quarter of 2013 due to lower production in South America and Asia which could not be set off by Europe, where it increased. On an annual basis the production was up because of higher production in Europe and Asia, despite a reduction in South America.
Compared to the last quarter of 2012, global fabric output dropped by 8 % in the first quarter of 2013, due to decreases in South America (-11.9 %) and Asia (-8.6 %), while it increased in Europe by 3.2 %. As compared to the first quarter of 2012 global fabric production increased by 5.3 %, mainly thanks to a higher output in Europe (7.5 %) and Asia (7.3 %). ITMF estimates that fabric production for the second quarter 2013 will be positive for Asia and Europe and neutral for South America.
Global fabric stocks fell worldwide when compared to the same quarter i 2012, being lower in South and North America, but higher in Asia. If compared to the last quarter of 2012 fabric stocks decreased with lower stocks recorded in South America (-9.6 %) and North America (-1.4 %), in Europe they remained unchanged, only Asia showed an 0.5 % increase, but unable to compensate the other regional negative trends. In the first quarter global fabric stocks declined 1.1 %, as against the last quarter of 2012. On an annual basis stocks were 2.9 % down, with reductions of 14.4 % in South America, 7.5 % in North America, and 5.7 % in Europe, but up 1.2 % in Asia.
Fabric orders rose in the first quarter 2013 in Brazil (17.9 %), but fell in Europe (-0.2 %) and both were down also on an annual basis. Compared to the first quarter 2012, fabric orders dropped in Brazil by 14.0 % and in Europe by 3.6 %.