Statistics: fibre consumption in South America, 1st quarter 2008

12 pages, published in Issue 72, 1st quarter 2008   Report price: Euro 395.00; US$ 520.00

Consumption of fibres in South American mills fell by 1.7% in 2007, following a 2.0% increase in 2006. As a result, usage remained below the peak seen in 2004 although it was still higher than in 2005—and well above the trough recorded in 2002 at the time of the Argentinean financial crisis. South American textile and clothing companies have had to struggle in the face of a weakening US dollar, which has made their goods more expensive in their biggest export market, the USA. Also, they have faced strong competition from low cost producing countries in Asia—especially China. Nevertheless, mill consumption rose in some South American countries in 2007.

Brazil continued to dominate the industry in 2007, having accounted for 63% of total fibre consumption in the region during the year. However, usage fell to 1.60 mn tons, which was down on each of the previous three years. Usage also continued to decline in Chile, but consumption in Argentina, Colombia and Peru continued to increase.

Cotton represented as much as 53%, or 1.34 mn tons, of all fibres consumed in South America in 2007. Synthetic filament yarn accounted for 30%, synthetic staple fibre for 14%, cellulosic staple fibre for 2% and wool for 1%. Usage of cellulosic filament yarn was negligible.

Statistics: Fibre Consumption in South America

Summary

Fibre Production

Mill Fibre Consumption

Outlook

Statistical Appendix

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• Textiles and Clothing in Colombia: Profiles of Eight Companies, (May-June 2008)
• Global trends in fibre production, consumption and prices, March-April 2008, (March-April 2008)
• Statistics: fibre consumption for technical textiles in the USA, 4th quarter 2007, (4th quarter 2007)
• Statistics: fibre consumption for technical textiles in Japan, 3rd quarter 2007, (3rd quarter 2007)

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