Released on = June 5, 2007, 3:57 am

Press Release Author = Bharat Book Bureau

Industry = Marketing

Press Release Summary = The report supplies statistical data from official sources,
and adds value by supplementing the data with expert analysis from Textiles
Intelligence.

Press Release Body = Statistics: Asian Fibre Consumption and Production

The report supplies statistical data from official sources, and adds value by
supplementing the data with expert analysis from Textiles Intelligence.

Asian fibre consumption rose by 4.2% in 2005-the latest year for which comprehensive
data are available-reaching 91,434 mn lb. At the same time, production within Asia
went up by a lesser 1.8%,to 57,785 mn lb. As a result, the region's net imports
climbed by as much as 8.6%-despite increased self-sufficiency in China.
Cotton consumption grew faster than any other fibre type. As a result, its share of
total mill fibre consumption rose by 2.1 percentage points to 40.8%. Man-made fibre,
meanwhile, saw its share fall by 2.1 percentage points as growth almost stagnated,
at just 0.6%. Despite this, man-mades continued
to hold a dominant 58.5% of the market. Geographically, China and Hong Kong took the
lion's share with 61% of total Asian fibre usage-upfrom 58.5% in 2004. South Asia
was the second largest consumer with 22%, followed by Japan, South Korea and Taiwan
with a collective 9% of consumption. South-East Asia made up the remaining 8%.
In China, growth in man-made fibre consumption slowed to 6.1% following six years of
double-digit increases. Cotton usage, meanwhile, rose by 14%, which led to an
increase in its share of total fibre consumption. That said, over the seven years to
2005 cotton's share fell by 7 percentage points.
Consumption in South Asia, unlike in other regions in Asia, is dominated by cotton.
Indeed, cotton held a 68% share in 2005-up from 65% a year earlier-following an 8%
rise in usage. The increase in cotton's share was also aided by a 7% drop in usage
of man-made fibre, whose share fell to little
over 30%. As a result, total fibre consumption in South Asia continued to rise in
2005-albeit by 3%-to surpass the 20 bn lb mark.
Consumption in Japan, South Korea and Taiwan, meanwhile, fell for the fifth
successive year. Moreover, the deterioration accelerated to 13%, from a 7% decline
in 2004. The drop was due almost entirely to a 15% decrease in man-made fibre
consumption, which lost market share as a result.
Total fibre usage in South-East Asia fell by a marginal 1.3%-due entirely to a drop
in man-made fibre consumption. Nonetheless, it is likely that South-East Asia's
share of total Asian fibre consumption overtook that of Japan, South Korea and
Taiwan in 2006, as consumption increased in Indonesia and Vietnam while the
industries in Japan, South Korea and Taiwan continued to contract.

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