Global yarn production increased by 17 per cent between the final quarter of 2018 and the first quarter of 2019.

Higher output levels were observed in Asia, Brazil, the US and Europe. There was a 27 per cent increase in Chinese yarn production. Global fabric production increased by 3.8 per cent. Global fabric stock levels stagnated.

Global yarn stocks increased by 6.3 per cent worldwide. This results from a 27 per cent improvement in Egypt, a 7.7 per cent raise in Brazil, and a 3.8 per cent increase in Asia. The latter is the consequence of stock growth in Japan and India, stability in Pakistan and decrease in Korea, and Chinese Taipei. Altogether, yarn stocks reached 97 per cent of their previous year’s level for the same quarter. Global yarn orders increased by 12 per cent led by Brazil, Egypt and Asia. In first quarter of 2019, global fabric stocks were one per cent above their first quarter of 2018. Global fabric orders dropped by 19 per cent in the first quarter of 2019, led by a decrease of 32 per cent in Egypt and 25 per cent in Brazil. Global fabric orders were eight per cent above their 2018 level.