We also offer a flexible subscription product,
the Multi Report Package,
which allows you to select your own choice of reports from our full range,
to suit your own budget. Click here for full details.
Global trends in fibre prices, production and consumption, Setember 2009
published in Issue 141, September 2009
Reflecting the global economic downturn, world fibre production fell by 5.3% in 2008 after rising by 5.8% in 2007. The decline was due mainly to a 6.8% fall in natural fibre production. Man-made fibre output was also down, by 4.2%, but the fall was cushioned by a small amount of growth in China. The decline in man-made fibres stemmed from decreases in synthetic fibres as well as cellulosic fibres, although the fall in synthetics was less marked. Declines were evident in all the main fibre types but polyester was the least affected. As a result of these developments, the share of natural fibres fell for the second consecutive year to 39.7%. The main cause of the fall was a 7.2% decline in cotton demand. Wool consumption actually increased, albeit by a mere 0.6%.
The cotton price fell to a trough of 52 cents/lb in March 2009 but, with signs of economic recovery starting to appear, it climbed back to reach 63 cents/lb by September 3, 2009. For the 2008/09 crop year as a whole (August 1, 2008-July 31, 2009), however, the average price was only 61 cents/lb—some 16.3% lower than in the previous year. Furthermore, there is little prospect of any further significant price increase for 2009/10 as concerns remain over the strength of demand. Nonetheless, the International Cotton Advisory Committee (ICAC) has predicted that demand will rise by 2.2% in 2009/10—in contrast to the 12.7% drop recorded for 2008/09—and this suggests that the worst may be over. Stocks are likely to fall as output is expected to be maintained while demand increases. However, the fall will be small and therefore it is unlikely to lead to any strong upward pressure on prices.
Wool prices have also fallen dramatically, due to concern over future demand levels. Stocks have fallen too but the stock position is not a cause for concern. Global demand for wool fibre is being sustained largely by consumption in China. Elsewhere, it is being depressed by the restructuring of the textile industries in industrialised countries. Prices are therefore expected to firm slightly, at best, in 2009/10. Demand will be marginally in excess of supply in 2009/10, leading to a further slight fall in stock levels.
Table of Contents
Global Trends in Fibre Prices, Production and Consumption
Six times a year, Textile Outlook International provides up to 200 pages of expert comment and analysis. A subscription provides an overview of the global fibre, textile and apparel industries. It is essential reading for senior executives in the fibre, textile and apparel industries – and for anyone who is not involved in the industry, but needs to quickly gain an understanding of the key issues.
Reports in Textile Outlook International include:
country profiles – providing a comprehensive guide to the textile and clothing industries in a range of countries and regions. The reports include an economic and political profile together with a comprehensive overview of the main issues, plus an outlook for the future.
company profiles – giving you the opportunity to learn from strategies employed by others. Companies profiled recently include retailers, manufacturers, innovators and sourcing companies involved in textiles and apparel as well as smaller companies which illustrate the opportunities for firms which are interested in selected sourcing locations.
trends in world textile and apparel trade and production – taking into account current issues facing the industry – such as global fibre prices; competition from China and other low cost countries; the elimination of quotas and imposition of selective new ones; relocation of production operations; the impact of economic factors affecting trade; international trade agreements; trade promotion agreements (TPAs); and much more.
trends in EU and US imports of textiles and clothing – providing comprehensive statistical data and analysis of the top ten supplying countries to the EU and US markets. These reports are updated each year and contain value and volume data as well as average prices and analyses of trends for up to 15 product categories.
innovations, technological developments, business development opportunities, individual sector analysis and political implications which affect players in the global fibre, textile and apparel industries. Some of the topics which have been covered in recent reports include: new innovations in the textile and clothing industry, such as environmentally friendly textiles, plant based fibres, and developments in textile colorants; innovations in textile machinery; and overviews of the European swimwear, hosiery and lingerie markets.
So whether you are involved in fibres, textiles or clothing – in manufacturing, spinning, weaving, knitting, sewing, import/export, retailing – or if you are in education or consultancy or investment or finance, a subscription to Textile Outlook International will tell you what you need to know about the key trends in the industry.
Textile Outlook International is available on subscription – either in printed format only, or in printed and electronic format. If you choose the printed only option, you will receive 6 printed publications a year, containing a total of 30 reports plus editorials written by Robin Anson, our editorial director and in-house industry expert.
Electronic supplement If you choose the printed and electronic option, you will receive an extra service. You will still receive each issue in printed format, delivered to you by traditional post.
In addition, you will be able to download PDF files containing the same information – but the PDF files will be available immediately on publication, so you don’t have to wait for the printing and mailing. You also have all the benefits of electronic files: instant access even when you are away from the office; convenient storage in your PC or laptop; portability; electronic search facility; and copy/paste facility.
This is what our customers say:
"In 1987 I was working as a graduate-trainee in the buying teams at Marks & Spencer in London. I was asked to prepare a paper on the textile and clothing industry in Italy. In my search for information I discovered Textile Outlook International. The quality of information that this publication provided was nothing short of excellent. As I look back over the past 25 years, there have been several times that I've turned to the publications of Textiles Intelligence. They have always been of the highest quality and provided me with the opportunity to talk with confidence about the global textile & clothing industries. Today, I'm the Chief Supply Office for Umbro, a wholly owned subsidiary of Nike Inc. As I look back, of course there are many factors that have helped me to get to where I am today. I've no doubt that the information provided by Textiles Intelligence has been a contributory factor."
(Peter G Allison; Chief Supply Officer; Umbro International Limited)