http://www.yarnsandfibers.com YarnsandFibers Textile Reports en bharati@yarnsandfibers.com YarnsandFibers Fri, 03 Jul 2009 22:16:10 -0600 Fri, 03 Jul 2009 22:16:10 -0600 http://www.yarnsandfibers.com/images/topbanner_logonew.gif http://www.yarnsandfibers.com/revamp_ir/index.php3 http://www.yarnsandfibers.com/revamp_ir/report_fullstory.php3?id=451 General Mon, 29 Jun 2009 00:06:00 -0600 Dr. Manmohan Singh, Prime Minister, on assuming office announced that each Ministry should identify such activities that need to be pursued in the next 100 days. In pursuance of directions of Hon'ble Prime Minister, the Ministry of Textiles has formulated an 100 days Agenda for Action. The textiles sector is the second largest employer after agriculture, accounts for 13.50% of the total merchandise export earning, and 4% of the GDP. The Textiles Industry today is passing through a challenging phase. The implementation of 100 days Action Plan will empower various institutions in the ministry and industry to embrace modern technology and work processes; become more globally competitive; build strong brand equity for it products, and consistently achieve higher growth rates than ever in its long history. ... http://www.yarnsandfibers.com/revamp_ir/report_fullstory.php3?id=450 General Thu, 25 Jun 2009 00:06:00 -0600 The textiles and apparel sector is a vital contributor to Turkey's economy, accounting for approximately 10 percent of the country's gross domestic product (GDP). It is the largest industry in the country, constituting approximately 15 percent of manufacturing and about one-third of manufactured exports. Textiles, apparel and carpet exports totaled approximately US$24 billion in 2007. Turkey has around 40,000 manufacturing companies and 1.9 million employees in the textile and apparel sector. According to Turkey's Export Promotion Center (IGEME), the country's apparel exports rank sixth globally, and home textile exports rank third. ... http://www.yarnsandfibers.com/revamp_ir/report_fullstory.php3?id=449 General Sat, 25 Apr 2009 00:06:00 -0600 As of 2008, apparel and textiles comprised Vietnam's largest industry, with more than two million workers employed by more than 2,000 textile and apparel enterprises, around half of which are state-owned, 25 percent foreign-invested and the remainder privately owned. According to The Vietnam National Textile and Garment Group (VINATEX), the industry annually produces approximately 10,000 tons of cotton fiber; 50,000 tons of man-made fiber; 260,000 tons of short-staple fiber and yarn; 15,000 tons of knitted fabrics; 680 million square meters of woven fabrics; and more than 1.8 billion textile and apparel products. Approximately 70 percent of this output is exported. According to Le Quoc An, chairman of the Vietnam Textile and Apparel Association (VITAS), the United States is the top importer of Vietnamese textile and apparel products, accounting for nearly 60 percent of the country's total textile and apparel export turnover. Other top export markets are the European Union, Japan, Russia, South Korea, and Southeast Asia, Canada and a few other markets. ... http://www.yarnsandfibers.com/revamp_ir/report_fullstory.php3?id=448 General Tue, 02 Jun 2009 00:06:00 -0600 The period of heavy investment in most textile machinery segments between 2003 and 2007 came to an abrupt end in 2008. All textile machinery segments recorded lower shipments in the range of -3% to -66% in 2008 as compared to 2007. That investment boom up until 2007 was closely related to Chinas integration into the WTO structures and the phasing-out of the traditional quota-regime under the WTO-Agreement on Textiles and Clothing (ATC) at the end of 2007-2008. Trade in textile and clothing products is no longer subject to quotas but is now governed by the general rules and disciplines embodied in the multilateral trading system of the World Trade Organization (WTO). ... http://www.yarnsandfibers.com/revamp_ir/report_fullstory.php3?id=447 General Wed, 20 May 2009 00:06:00 -0600 The Turkish home textile industry is one of the world leaders with its wide range of products and superior quality in home textile production, especially in the production of towels, bed sheets and covers, curtains, tulle, embroidery, guipure and quilt covers. Turkey has the largest machine park for the production of both embroidery and guipure in the world. In Europe, the largest factory producing quilt covers is in Turkey. The Turkish home textile industry has also acquired the latest technology with high production capacity, a highly skilled labor pool and design and fashion capabilities. In addition, the industry has managed to reduce the cost of production below the world average while it has increased the quality of its products. So, with a huge production capacity, high quality and strong competitiveness, Turkey was in the worlds top three suppliers in tulle and curtains, and top three suppliers in bed linens and towels in 2007. In the same way, Turkey was the largest supplier of EU in tulle and towels, and the second in bed linens and curtains in 2007.... http://www.yarnsandfibers.com/revamp_ir/report_fullstory.php3?id=446 General Sat, 25 Apr 2009 00:06:00 -0600 Peru found much economic success in the textile and apparel industries during the early 1990s mainly because of its favourable climatic condition and abundant natural resources, like Pima and Tanguis Cotton. Its Pima Cotton is handpicked leaving no impurities and with the fiber length of 1 3/8” makes it a luxury. This has enabled many brand names like, Ralph Lauren, L.L. Bean, Nautica, Lands End, and Liz Claiborne Inc. to have their clothing made by Peruvian apparel businesses. Denim is also widely produced by companies like Textil Nuovo Mondo. ... http://www.yarnsandfibers.com/revamp_ir/report_fullstory.php3?id=445 General Mon, 30 Mar 2009 00:06:00 -0600 Egypts textile industry covers the entire spectrum of cotton processing operations, including spinning, weaving, converting, knitting, and garment manufacture. The industry is of paramount importance to the Egyptian economy as it employs more than half a million people and is also a crucial foreign exchange earner. The industry has clocked an average rate of growth of 6.5%. There are 4,250 weaving, textile and clothing manufacturers in Egypt, with their production accounting for 26% of national industrial revenues and 24% of industrial exports. Total Egyptian exports of ready-made clothing itself are estimated at US$448 million per annum, making Egypt the worlds 38th largest garment exporter. The Egyptian apparel industry is one of the most dynamic industrial sectors in Egypt. ... http://www.yarnsandfibers.com/revamp_ir/report_fullstory.php3?id=444 General Tue, 10 Mar 2009 00:06:00 -0600 Italy accounts for 6.7% of Worlds textile and clothing trade, comprising 6.9% in textile products and 6.6% in clothing. In 2008, Italys exports (comprising only fibre, thread, yarn and fabric of cotton and manmade fibre) declined 8% while imports were down 5% over their cor-responding numbers of 2007. Total value of exports was US$4,430 million while imports were worth US$3,400 million. Fabric, particularly cotton, has been the major component in Italys textile trade. The country exported US$2,565 million worth of cotton fabric in 2008, which was 9% lower than last year. Its imports too declined 2% to US$1,200 million. Similarly, manmade fabric imports surged 10% to US$371 million, exports were down 5% at US$780 million. Thus total fabric export from Italy was worth US$3,350 million.... http://www.yarnsandfibers.com/revamp_ir/report_fullstory.php3?id=443 Cotton Fri, 24 Apr 2009 00:06:00 -0600 In 2007, cotton production dropped 1.2% to 26.27 million tons. The drop was caused by the 4% decline in area sowing, largely in the USA. Rising prices of competing crops had lead to the reductions in cotton area in the United States, Brazil, Turkey, Egypt and some other countries. However, partial offsetting increases in area had occurred in India, West Africa and other regions, leaving the world total about just below last year. During the year, India has taken over USA as the second largest producer of cotton after China. However, USA continues to remain as the top exporter of cotton fibre. ... http://www.yarnsandfibers.com/revamp_ir/report_fullstory.php3?id=442 VFY Fri, 24 Apr 2009 00:06:00 -0600 West Europe, consisting of major textile countries like Germany, Greece, Italy, Spain and France - account for 5% of global manmade fibre production and 1.3% of cotton output. It consumes about 7% of global manmade fibre/filament. The region is a major producer of acrylic and viscose fibre/filament. Its share in global acrylic production was 17% in 2007, while 15% of global viscose staple and filament was produced in West Europe. In nylon, West Europe accounts for 13% of global production while it holds 2% of Worlds polyester production. During the ATC period (1995-2004) manmade fibre production grew by 1.9% per annum while consumption increased 2.3% annually. However, in post-WTO period both production and consumption recorded sharp declines, including cotton.... http://www.yarnsandfibers.com/revamp_ir/report_fullstory.php3?id=441 NFY Fri, 24 Apr 2009 00:06:00 -0600 China, USA and Taiwan were the top three nylon producing countries in 2007 accounting for almost 70% of global supplies. China is the leader in nylon accounting for about 25% of global capacity and 30% of total production. In 1995, China accounted for only 9% of global nylon supply which expanded over three-fold in 2007. It has recorded a growth of nearly 12% per annum since 1995, the ATC period. USA, the second largest producer of nylon, although accounts for 34% of global nylon capacity, even higher than China, had only 29% share in global supplies, a bit lower than China. Unlike China, it has recorded 1% decline per annum since 1990 with growth rate falling to -6% during the first two years of WTO. ... http://www.yarnsandfibers.com/revamp_ir/report_fullstory.php3?id=440 PFY Fri, 24 Apr 2009 00:06:00 -0600 Polyester production has grown rapidly since 1990 with none of the years recording a decline. During the pre-ATC period (1990-1994) capacity addition increased 6.1% per annum which further accelerated to 10% during the ATC period (1995-2004). However, post WTO the rate of expansion dropped to less than 6% between 2005 and 2007. During the past 17 years large capacities were added every alternate year as huge additions were seen in 1992, 1995, 1997, 1999, 2002, 2004 and 2007. ... http://www.yarnsandfibers.com/revamp_ir/report_fullstory.php3?id=439 VFY Fri, 24 Apr 2009 00:06:00 -0600 China is now the single largest producer and consumer of all fibre/filament used in textiles, thus making it a Global Textile Giant. IT ranks first export of polyester filament yarn, viscose filament yarn and viscose staple fibre. It is the second largest exporter of polyester staple fibre and third in nylon. In imports, China is the largest in case of acrylic staple fibre, nylon, and cotton. It is the second and third largest importer of polyester filament yarn and polyester staple fibre. In case of viscose filament and viscose staple, China is the fifth largest importer in the world.... http://www.yarnsandfibers.com/revamp_ir/report_fullstory.php3?id=438 VFY Fri, 24 Apr 2009 00:06:00 -0600 USA produces about 2 million tons of manmade fibres/filament comprising nylon, polyester and viscose filament. In global perspective, it accounts for about 5% of Worlds manmade fibre production. In nylon polyester, both fibre and filament, it has a share of 30% in global supplies. The share in polyester fibre is 6%, polyester filament 2% and viscose filament 5%. It has completely stopped producing viscose staple fibre.USA is the second largest producer of nylon after China and third largest in polyester staple and cotton production. It ranks fourth in viscose filament and distinct seventh in polyester filament production. ... http://www.yarnsandfibers.com/revamp_ir/report_fullstory.php3?id=437 VFY Fri, 24 Apr 2009 00:06:00 -0600 Turkey produces about 800,000 tons of manmade fibre/filament and 700,000 tons of cotton a year. In 2007 it accounted for 1.9% of Worlds manmade fibre production and 3% of cotton supplies. Its major manmade textiles are acrylic staple and polyester accounting for 12% and 1.5% respectively in global production. Globally, Turkey was the second largest producer of acrylic staple and seventh largest in cotton fibre in 2007. It ranked eighth in polyester filament and tenth in polyester staple fibre production globally. ...