Bharat Book Bureau

Japan Textiles and Clothing Report Q3 2009

Description :

Japan is a major global textile and clothing producer (T&C), with one of the world’s wealthiest consumer clothing markets and a long tradition of manufacturing expertise, particularly in textiles and synthetic fibres. BMI ranks it as number six in the world in terms of textile and clothing manufacturing value added. In nominal terms we estimate that to have been worth US$17.2bn in 2008. The local T&C sector has been undergoing a long-term ‘deindustrialisation’ process as manufacturing moves offshore to take advantage of more competitive wages, particularly in China and other Asian countries. We see this accelerating in the current global recession. The large fashion, design, marketing and retail distribution segment of the business that remains Japan-based will also have to cope with the expected slump in consumer demand.

Overall Japan textile and clothing value added will fall/ by 11.5% in 2009, and again by 4.7% in 2010, reflecting very difficult international economic conditions. We see annual contraction continuing in 2011, but at a much slower rate. The industry’s trade performance will also reflect the especially difficult international economic situation. Combined T&C exports will drop 35.1% to US$5.53bn, while imports will drop 28.5% to US$26.37bn. Japan will have a T&C trade deficit of US$20.82bn this year.

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Spain Textiles and Clothing Report Q3 2009

Description :

Spain is a major global textile and clothing (T&C) producer, with a newly developing strength in retail and fashion-led production. BMI ranks it as number 13 in the world in terms of textile and clothing manufacturing value added. In nominal terms we estimate that to have been worth US$12.45bn in 2008. The industry faces two very hard years ahead, mainly because the recession of 2009 and 2010 looks like hitting Spanish consumers with particular force.

Overall Spain textile and clothing value added will fall by 8.8% % in 2009, and again by 3.3% in 2010, reflecting very difficult international economic conditions. We see a recovery beginning to sett in only from 2012, with growth of 0.2%. The industry’s trade performance will also reflect the especially difficult international economic situation. This year T&C exports will fall 7.8% to US$9.74bn, with imports down 3.2% to US$17.76bn. As a result there will be a T&C trade deficit of US$8.01bn.

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Canada Textiles and Clothing Report Q3 2009

Description :

Canada is a major textile and clothing (T&C) producer on the world market, with its main strengths across a range of specialised product lines such as sports and activewear. It is not, however, a significant exporter, with the bulk of production sold on the domestic market. BMI ranks it as number nine in the world in terms of textile and clothing manufacturing value added. In nominal terms we estimate that to have been worth US$11.66bn in 2008. Like its neighbour to the south – the United States – Canada faces a sharp recession in 2009, which is creating very difficult conditions for the T&C industry. Overall Canadian textile and clothing value added will contract by 5.6% in 2009, and remain flat in 2010, reflecting very difficult international economic conditions. We see a moderate recovery setting in from 2011, with growth of 2.0%. The industry’s trade performance will also reflect the especially difficult international economic situation. Combined T&C exports will drop 11.4% this year to US$3.82bn, with T&C imports falling 7.1% to US$12.76bn. As a result, there will be a T&C deficit of US$8.94bn.

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United States Textiles and Clothing Report Q3 2009

Description :

The US is the world’s largest textile and clothing (T&C) producer, and also the single wealthiest and largest consumer market for T&C products. This means it has a major influence on the world industry. Value added in the US industry has been falling as more production moves offshore to take advantage of lower costs in China and elsewhere, but the domestic industry remains substantial, and fashion design, retail distribution, marketing and research and development activities all remain vibrant. BMI estimates total value added in the US industry in 2008 was worth US$154bn in nominal terms. Broadly speaking this was twice the value of the comparable figure in China, ranked as the world’s number two. The US industry faces an exceptionally difficult two years in 2009 and 2010 as a result of the current recession. In both 2008 and 2009, for the first time since the 1940s, annual clothing demand will have contracted, creating challenging conditions for the main companies in the sector. Overall US textile and clothing value added will fall by 7.5% in 2009, and again by 3.0% in 2010, reflecting very difficult international economic conditions. We expect value added to fall gain in 2011,but much more modestly (by 1.2%). The industry’s trade performance will also reflect the especially difficult international economic situation. Combined T&C exports will fall by 22.3% to US$14.64bn, with imports contracting by 19.2% to US$90.12bn. As a result the US will register a T&C deficit of US$75.48bn.

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Tel:  +91 22 2757 8668
Fax: +91 22 2757 9131
Email: info@bharatbook.com
Website: www.bharatbook.com

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The reports on textiles cover the clothing and textiles industries in the major economies of the world. Company profiles include Manama Textile Mills, Ace Style, Pacific Textiles, Crystal Group etc. Our collection of market research reports on textiles provide insights into product and market trends, analyses, opportunities, projections, sales and marketing strategies. Specifics on market share, segmentation, size, and growth in the domestic and global markets.

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