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Italy : Chemical Fibres- under Chinese control |
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2004-7-26
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During 2003, the world chemical fibres production stood at 35.9 million tons (synthetic: 33 million; artificial: 2.9 million), registering an increase of 4.9%. World cotton production also increased by 5.6% (up 20.2 million tons) as wool production decreased by 2.1% (dropped to 1.3 million tons).
According to Assofibre, the growth of synthetic and artificial fibres was completely concentrated in Asia, where China powered itself to supremacy with a phenomenal 17.2% rise in production. Currently, 34% of world chemical fibre output is from China.
Japan for records a flexion at 7.7%, followed by the U.S. at 4.1% and by Europe at 3.7%. In the last three years, the European fibre industry faced some problems, caused by costs, imports, clothing/textile productive decentralisation, and now by the weakening dollar as well.
However, according to Assofibre, Italy suffers more if compared to the European average. Its production actually felt by 15% in 2003, (dropped to 508,000 tons), after a decrease by 5.6 in 2001 and by 8.8% in 2002. The turnover amounts to 1.7 billion Euro and it recorded a flexion by 5.4%. Employees went down to 5.600 units (- 10%). Italy’s quote on total European production represents 14.5%; in 1990, it was 22.4%. |
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