The Fiber Year 2012 World Survey on Textiles & Nonwovens

Transcription

1 Issue 12, May 2012 The Fiber Year 2012 World Survey on Textiles & Nonwovens

2 Table of contents Page 1. Foreword and Summary Foreword Summary List of Sources Contributions from Industry Experts World Economy from the Perspective of Textiles and Apparel Upstream Feedstock Industry Cotton Cultivation Sheep Farming Dissolving Pulp Petrochemicals Paraxylene (PX) Purified Therephthalic Acid (PTA) Dimethyl Terephthalate (DMT) Mono Ethylene Glycol (MEG) Caprolactam (CPL) Summary and Outlook on Raw Material Availability Staple Fibers Natural Fibers Cotton Wool Other Fibers Cellulosic Fibers Viscose Fibers Acetate Tow Synthetic Staple Fibers Polyester Staple Fibers Acrylic Staple Fibers Polypropylene Staple Fibers Polyamide Staple Fibers. 54

3 5. Filament Yarns Polyester Filament Polyester Textile and Carpet Yarn Polyester Industrial Yarn Polyamide Filament Polyamide Textile and Carpet Yarn Polyamide Industrial Yarn Polypropylene Filament Cellulosic Filament Other Manmade Fibers Carbon Fibers Aramid Fibers Spandex Fibers World Fiber Market Summary on World Fibers and Yarns Filament and Spun Yarn Conclusions from Feedstocks to Fibers Nonwovens and Unspun Applications Spunbond Carded Airlaid Wetlaid 88

4 9. Textile and Clothing Trade PR China India Bangladesh Turkey Pakistan Taiwan Indonesia Thailand Vietnam South Korea Sri Lanka Cambodia Peru Mexico Brazil Switzerland Russia Japan European Union United States Statistical Appendix World Fiber Market World Fiber Use Natural Fibers Consumption Cotton Production and Use Staple Fibers Consumption Production of Manmade Fibers Production of Synthetic Fibers Production of Cellulosic Fibers Major Fiber Types' Market Share.. 129

5 10.10 Staple Fiber Competition Production of Manmade Fibers by Country Production of Manmade Fibers by Material Top 3 Producing Countries Manmade Fiber Industry 2011/10 - Polyester Fibers and Polyamide Filament Yarn Manmade Fiber Industry 2011/10 - Staple Fibers of Acrylic, Polyamide and Cellulosic Global Yarn Production Dynamics in Yarn Production Fiber Types in Spun Yarn Production Major Textile & Clothing Trading Countries Major Exporters in Textiles & Clothing Major Importers in Textiles & Clothing.. 139

6 Foreword and Summary Andreas W. Engelhardt General Manager The Fiber Year GmbH Speicher, Switzerland Dear Readers, It is my great pleasure to announce that the textile yearbook will be the Lenzing Group as from now to ensure the continuation of this traditional and well-established report. All market data are the result of the independent research by The Fiber Year GmbH. Although Lenzing supports the Report the statements and conclusions in the report do not necessarily reflect the assessment of the Lenzing Group. The basic idea of reporting annual production figures traces back more than fifty years to Vereinigte Glanzstoff-Fabriken AG, the former world market leader in manmade fibers. It was Dr. E. H. Vits, chairman of the board from 1940 to 1969, who used to inform at press conferences about the status of the international manmade fiber industry. On the occasion of a presentation on February 8, 1966 he expressed that this industry would enjoy dynamic growth in the years to come. A truly appropriate evaluation when manmade fiber output was 5.5 million tonnes back then. I do hope this piece of information will be useful to conduct your business. This survey hopefully makes a contribution to the transparency of global industry trends, individual market segments and fiber competition. At this point I would like to express my gratitude to all who have made a valuable contribution by providing an article, supporting me in data collection and exchanging views on the industry. Enjoy reading and please let me know your comments. I very much appreciate your suggestions to further improve quality of this survey. If you feel additional market segments should be included do not hesitate to share your view with us. Yours sincerely, In the meantime the scope of market segments being integrated into this report was significantly enlarged. This was due to the range of textile machines of Saurer where I initiated this service more than ten years ago. A continuous upgrading is scheduled in particular in the direction of sustainable, eco-friendly, recycled and bio-based fiber material. 1

7 Dr. Peter Untersperger Chief Executive Officer Lenzing AG Lenzing, Austria Dear Readers! The Fiber Year is being published this year for the first time under the patronage of Lenzing AG. It is a great pleasure for us as the global market leader for man-made cellulose fibers to support the regular publication of one of the most important reference works for the fiber industry. Even if we at the Lenzing Group successfully supply the entire global fiber market, it is essential for all of us in the industry to gain a precise knowledge about this market in all its facets. With The Fiber Year we have an objective and reliable source of information at our disposal. The objective of The Fiber Year is to show the major market trends, but also to ensure that a relevant level of detail is provided on the basis of precise data collection. This goal was once again fulfilled by the new issue of the publication for the year In reality, a series of macroeconomic distortions led to uncertainties on the marketplace. In turn, this triggered a cautious approach among many market participants and along the value chain, which subsequently resulted in a more restrained purchasing behavior and price decreases. I am convinced that an upturn will come on the heels of this downturn. Fibers for textiles and nonwoven applications are a continually expanding part of our modern life. This makes it even more important to analyze market volatilities as precisely as possible. Every market participant should be able to draw his own conclusions that are right for him. In this respect, The Fiber Year with its excellent data has become an important decision-making basis for the fiber industry. With this in mind, I wish all readers an informative and enjoyable read and a successful fiber year in The year 2011 was characterized by extensive market volatility. Rarely have we seen so many rapid changes in prevailing market conditions in recent years as we encountered in Whereas the first half-year featured a very good fiber business, the second half was impacted by a perceptible slowdown which became evident in a relatively short time. In my opinion, this downswing was not attributable to the inability to generate sufficient fiber sales any longer. On the contrary, from Lenzing AG s perspective, volume demand was very positive throughout the entire year. Yours sincerely, 2

8 Summary The production volume in the world textile industry in 2011 rose by 6.4% to 85.9 million tonnes. This includes increases in all segments. Natural fibers were up by 7.1% to 33.2 million tonnes and manmade fibers went up by 6.0% to 52.7 million tonnes. It is a matter of common knowledge that natural fiber production is not precisely projectable due to climatic changes, insect attacks and other natural conditions. Thus, a more reliable figure seems to be the annual usage of fibers. As global cotton stocks have been traced by international organizations like ICAC consumption figures for cotton are included in a world-fiber-use figure. This data delivers a more accurate indication for further processing volumes. The logical consequence was an enlarged supply. Competing fibers prices were out of sync, thus, benefiting from relative advantages to cotton. This has mainly favored polyester and cellulosic fibers. The both fibers enjoyed growth rates in the range of 7%. In other words, high cotton prices have further fueled replacement. This enthusiastic sentiment of rising cotton prices had also an impact on machinery investments. Last year s installations of short-staple spindles marked a new ten-year high, almost double the level of Growth rates in rotor and long - staple spindles were even higher. While investments in rotor spinning almost achieved the pre-crisis level, expansion of long-staple spindles stayed well below the ten-year average. Referring to this approach, last year s use of fibers amounted to 82.0 million tonnes, up by 2.4%. Apart from the crisis year 2008, it was the slowest growth rate in ten years. The first indication released in the preview beginning of the year was lower for two reasons. This detailed report refers to downwardly revised production data for the year 2010 and, secondly, some Asian output for the fourth quarter turned out to be better than expected. To a certain extent, growing stocks of manmade fibers may have lifted this volume. The manmade fibers segment has witnessed considerable expansions in polyester spinning and texturing, nylon filament in particular in PR China and viscose staple fiber. Talks with industry experts confirm that the propensity to invest seems to be more sustainable than in cotton spinning. The comprehensive view from feedstocks to the spinning industry has come to the result that the polyester industry may face some pricing pressure as a consequence of tightening supply in some petrochemical sectors. The market size of 82.0 million tonnes corresponds to an average per capita consumption of 11.8 kg. Last year s growth rate does not come up to the long-term growth rate of 2.7% since 1970 or the short-term average annual growth of 3.3% since the year The recent acceleration of fiber demand reflects the impact of rapidly rising disposable incomes in populous nations like the BRIC-countries. Fiber prices and textile products in general will be subject to appreciation. This follows from a sharp drop in next season s cotton production while the consumption is expected to recover. Further speculation is added by the Indian export policy and China s increasing national reserve. Additionally, a number of rises in minimum wages and high inflation will lift world retail prices. The world slowdown in textile demand was result of the economical uncertainties and sluggish demand from major developed nations. Therefore, export activities of several major countries have worsened in the second half of the year. From a fiber type s view the main topic was the sensational upswing in cotton prices, starting in August 2010 and coming to an abrupt end a year later. This unprecedented price increase has encouraged farmers to expand cotton cultivation. A rising oil price, concern for the entire synthetic fiber industry, is rather fueling growth of carbon fibers. Major carbon fiber applications do have a positive correlation between crude oil price and consumption like in aircraft, wind energy, automotive. Hence, production reached a new peak level. A number of joint ventures and new manufacturing sites will stimulate the market. At present small in size, the automotive sector may have the biggest potential to tremendously lift carbon fiber demand in the next decade. 3

9 Contributions from Industry Experts: Peter Ackroyd President IWTO Brussels, Belgium Dr. Wilhelm Rauch Managing Director IVC Frankfurt/Main, Germany Michael Carus Managing Director EIHA Huerth, Germany Katharina Schaus Managing Director it fits Constance, Germany Anke Domaske CEO Qmilch GmbH Hanover, Germany Dr. Christian Schindler Director General ITMF Zurich, Switzerland Hans-Peter Egler Head of Trade Promotion SECO Bern, Switzerland Jens Soth HELVETAS Swiss Intercooperation Zurich, Switzerland Andreas Eule CEO CORDENKA GmbH Obernburg, Germany Wang Tiankai President CNTAC Beijing, China Uday Gill President Polyester Business Indorama Ventures Limited Jakarta, Indonesia Friedrich Weninger COO Lenzing AG Lenzing, Austria Dr. Alejandro Plastina Economist ICAC Washington DC, United States 4