Cotton fabric deliveries fell (almost) in line with production during 2005 so that, nowadays, stock piling seems not to be the main problem of firms.
As experienced for spinning, also in the weaving industry, end of years figures for order books shows a slight recovering toward stability: a (weak) signal that the worst days of the last slump period are gone.
Also the linen industry recorded a fall in production and even in this case yarns experienced worst results compared with fabrics.
Household linen too suffered for the general negative trend in the textilefashion industry but here the relative stability of domestic sell-in has been able to limit the year on year drop in turnover (3-4 percent).
Foreign trade figures in 2005 for cotton products (yarns, textiles, household linen) showed a -1.8 percent in the value of imports (1,645 million). This fall is the result of the figures posted by both cotton yarns (-6.7 percent) and fabrics (-2,7 percent), while for linen products drops in imports have been less pronounced.
A further huge increase (+10.3 percent) has been instead recorded for Household linen products. With a -5.6 percent decrease (to 3 million), overall exports performed bad.
This poor result reflects significant drops for both yarns (-9.4 percent) and fabrics (-5.8 percent) while household linen firms have succeeded in maintaining previous year export
levels.
As a consequence, the cotton-linen textile trade surplus decreased toward the 1.4 billion euro threshold.
International Cotton Advisory Committee
marketing@alchempro.com
