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Global Analysis on Trends in Fibre Industry

Research and Markets has announced the addition of the "World Fibre Trends in Demand-Supply 2010" report to their offering.

The World Fibre - Trends in Demand and Supply is the Sixth annual compendium in a series covering the trends in global demand and supply of textile fibre/filament industry. The compilation covers all major fibre producing countries accounting for 85% of global production and consumption. Time series on trends from 1990 to 2009 on production, imports, exports and apparent consumption is presented country-wise for 13 countries including all major Asian countries, USA and West Europe.

In this Report we have captured the trends seen in 2009 post the global crisis which had severely impacted textile fibre/filament industry including natural fibres, particularly cotton. The analysis assesses the positions of fibres/filaments industry as events unfolded.

Highlights:

Global availability of all kind of manmade and natural fibres were up this year after declining significantly in 2008. While natural fibres had witnessed a decline of 9.4% in 2008, manmade fibres production was down 3.7%, resulting in a fall of 6.2% in total fibre production. In 2009, manmade fibre was just able to reverser the loss of 2008, as it grew 3.6% while natural fibre production continued to decline, although at a slower pace.

Natural fibres have been rapidly losing their share in all fibres supply to manmade segment. In 1990, natural fibres accounted for over 60% of global fibre supplies. This came down to 43% in 2000 and fell further to 41% in 2009 given the drop in cotton production.

The fibre markets in 2009 were mainly driven by chemical fibres, of which, synthetic enjoyed a growth of 3.1% and cellulosic achieved an increase of over 10%. While this development of returning to positive growth in 2009 may appear to be a good sign, the entire textile and apparel industry has lost a huge processing volume and turnover in the last two years. The report further explains that as lower priced apparel was available across the world after Chinas accession to WTO at the end of 2001, the short-term average annual growth rate even accounts for 5.2%.

Cotton is produced by over a 100 countries but has traditionally concentrated in a few. The last three decades saw four leading countries have accounted for an increasing share of world cotton production. China, India, USA and Pakistan, which accounted for less than 50% of world production in 1970, have increased their share to almost 75% in 2009. Increases in China and India, in particular, have resulted in an increased share of Asia in world production.

World cotton area continues to vary from year to year, as it did in the last several decades, although the range of variation shift to lower levels due to increased competition with wood and fuel crops and tighter resources constraints. In particular, constraints in water availability due to lack of rainfall in India which limits cotton acreage dramatically. In 2009, area under cotton declined 1% globally, the third consecutive year of area shrinkage. In 2009, only 30.43 million hectares were sown under cotton declining 5.50 million hectares from its peak of 35.95 million hectare sown in 1995.

Source: http://www.researchandmarkets.com/

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