Global yarn & fabric output up in Q3/2016

The global yarn production increased in Q3/2016 quarter-on-quarter. Thereby, output in Asia and South America rose. In Europe and the USA the yarn production fell. On an annual basis, the global yarn production in Q3/2016 increased versus Q3/2015. Global yarn stocks climbed in Q3/2016 quarter-on-quarter. Yarn stocks were reduced in South America. In Asia, they increased. Year-on-year, global yarn stocks declined. Yarn orders in Europe and in South America fell quarter-on-quarter. Compared to the same quarter a year ago, yarn orders increased in South America and fell in Europe.

Global fabric production increased in Q3/2016 against Q2/2016 due to increases in Asia and South America. In contrast, Europe’s fabric production decreased. Global fabric output improved moderately year-on-year in Q3/2016. Thereby, Asian and South American output climbed moderately, while it fell in Europe. In Q3/2016, worldwide fabric stocks fell quarter-on-quarter. Fabric inventories were reduced in South America and increased moderately in Asia and North America. Year-on-year, fabric stocks declined. European and South American fabric orders decreased quarter-on-quarter. On a yearly basis South America’s fabric orders increased and Europe’s fell.

The global outlook for yarn and fabric production signals a decline for Q1/2017. In Q3/2016, global yarn production increased by 3.4% quarter-on-quarter. Thereby, Asian yarn output strengthened by 3.7% quarter-on-quarter and by 2.6% in South America. In Europe and North America it fell by 13.3% and 1.4%, respectively. Global yarn output increased by 3.7% in Q3/2016 versus Q3/2015. In Asia yarn output improved by 3.5% year-on-year and in South America by 21%. In Europe and North America yarn output declined by nearly 4% year-on-year and by 7.8%, respectively.