Global yarn production increases in Q2/2017
The yarn output improved in Asia, Africa, and Brazil while it was stable in the USA and Europe. The global yarn production improved in Q2/2017. It increased in Asia, Europe, and Brazil and slightly declined in the USA.
The yarn output improved in Asia, Africa, and Brazil while it was stable in the USA and Europe.
The global yarn production improved in Q2/2017. It increased in Asia, Europe, and Brazil and slightly declined in the USA. The combined effect brings the global yarn production to a level slightly higher than it was in Q2/2016. The apparent stability of global yarn stocks between Q1/2016 and Q2/2017 is the composite result of a strong increase Brazil and a strong decrease in Egypt. Global yarn stocks have also improved compared to the same quarter a year earlier. Global yarn orders have fell in all regions in Q2/2017.
Global fabric production increased in Q2/2017.
The output in Asia, Africa, and Brazil improved while it was stable in the USA and Europe. In Q2/2017, worldwide fabric stocks slightly increased, with the most significant change observed in Brazil for the second quarter in a row. The fabric stocks, however, haven’t reached their Q2/2016 level yet. Asian and European fabric orders remained stable in Q2/2017and rose in Brazil and Africa. In comparison to the second quarter of last year, the Asian and Brazilian fabric orders declined significantly, while they slightly increased in Europe and Africa.
In Q2/2017, global yarn production rose by 11 per cent, a lower rate of growth compared to the last quarter. The drivers of the Q2/2017 growth level are Asia and Brazil with their respective 12 per cent and 11 per cent increases. Yarn production has decreased of 10 per cent in the USA and 18 per cent in Africa since Q1/2017.
Global fabric production improved by almost 9 per cent in Q2/2017, with the most significant increase in Brazil, Asia, and Africa (10.4 per cent, 9.8 per cent, 9.2 per cent respectively). The situation has improved compared to Q2/2016 with an increase of global fabric output of almost 4 per cent.
Global yarn stocks decreased by 1 per cent in Q2/2017. Asia, Europe, and Brazil saw their yarn inventories increased by 0,7 per cent, 2.3 per cent, and 11.5 per cent but the world average is driven down by a 12 per cent decrease of yarn stocks in Egypt. The stocks improvement of 13 per cent in comparison to Q2/2016 is a composite effect of relatively slight variations in Europe and Asia (-3 per cent and +10 per cent), a sharp decrease of nearly 40 per cent in Brazil, and a strong increase of 112 per cent in Egypt.
Worldwide fabric stocks rose by 3.3 per cent in Q2/2017. Brazil experienced a strong increase of 23 per cent, while variations in all other regions ranged within the +/- 3 per cent margin. Global fabric inventories in Q2/2017 decreased by 8 per cent compared to Q2/2016. The strongest decrease is observed in Brazil (-30 per cent). Asia and the USA are fairly stable and Europe’s stocks raised by 7 per cent.
In Q2/2017, European yarn orders decrease by almost 7 per cent. Reductions of 6 per cent and 4 per cent were recorded in Brazil and Asia, respectively.
Compared to Q2/2016, yarn orders in Europe were stable.
They decreased in Brazil and Asia by 17 per cent and 14 per cent, respectively.
The 9 per cent increase in global fabric orders in Q2/2017 is driven by Brazil and Egypt (+13 per cent and +16 per cent respectively). During the quarter, fabric orders have been stable in Asia and slightly decreased in Europe. They, however, show a relatively strong decrease with respect to the same quarter a year before (21 per cent). This is mainly due to falling orders in Brazil and Asia (-27 per cent and -17 per cent).
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