Global number of installed short-staple spindles stable in 2020: ITMF

The decreasing trends observed in both segments in previous years (mainly due to scrapping of outdated machinery in China) seem to have come to an end. The tendencies observed in other regions are stable. The number of installed air-jet spindles increased in 2020 in all regions except in Europe, East and Europe, West, as per the statistics.

The substitution between shuttle and shuttleless looms continued in 2020 but the number of installed shuttleless looms has shrunk for the first time from 1.68 million in 2019 to 1.64 in 2020. Total raw material consumption in the short-staple organized sector has sharply decreased from 46 million tons in 2019 to 41 million tons in 2020. Consumption of raw cotton, synthetic and cellulosic short-staple fibres decreased by -12 per cent, -14 per cent, and -9 per cent, respectively. This effect mainly reflects the reduced levels of production during the COVID-19 pandemic.

ALCHEMPro News Desk (RR)