ITMF's international production cost comparison 2006
05 Jan '07
2 min read
The International Textile Manufacturers Federation (ITMF) has released the 2006 edition of its biennial International Production Cost Comparison – the only consolidated source for benchmarking the yarn and fabric production costs prevailing in 7 of the world's most important textile manufacturing countries: Brazil, China, India, Italy, Korea, Turkey and the USA.
The report is designed to highlight the implications of the ever-increasing capital intensity of the primary textile industry, by tracing the impact of cost factors borne by manufacturers and presenting them on a standardised basis. This allows the reader to readily compare elements of total manufacturing costs across representative production facilities.
The presentation of manufacturing and total yarn & fabric costs incorporates a detailed breakdown into the various cost components per kilogram of yarn and per meter of fabric, showing their relative importance and influence in the countries under review.
The International Production Cost Comparison incorporates a wide range of influences on the cost picture, from externally-determined factors like raw material and machinery prices through to the local prices of labour, capital, and many other inputs to production.
The textile industry segments analysed are Spinning, Texturing, Weaving and Knitting, and individual results are supplied for ring-spun, o-e, and textured yarns, and for fabrics woven and knitted from each of these yarn types.
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