General
Characteristics
Cotton Yarn is manufactured by processing cotton
fiber. India produces yarn of wide range of counts (a measure
of linear density), which varies from 2 to 120 and mainly
dominated by cotton made yarn.
Global Scenario
- Spun yarns are used worldwide in a wide
range of textiles, apparel and other manufactured products.
With a total output of 28 million tons, spun yarns satisfy
more than half the needs of the global textile and clothing
industry.
- Spun yarn market is growing well. Between
2000 and 2010 the demand for spun yarns worldwide is forecast
to rise by almost 25%.
- Growth will not be evenly spread. Spinning
capacity is increasingly shifting towards developing economies
as investors install new machinery in lower cost regions.
Asian countries in particular stand to benefit the most
in the medium term.
- In developed and newly industrialized
countries, spinners are highly vulnerable to growing imports
of "downstream" textiles and apparel. Spinners
also face growing competition from filament yarns and nonwovens.
- Major players in textile are China, India,
Pakistan, USA, Turkey, Japan, Indonesia, Brazil, Egypt,
Taiwan, Hong Kong, Israel, European Union and Mauritius.
Indian Scenario
- The Textile and Clothing Industry is
the largest and prominent sector in Indian economy in terms
of manufacturing, foreign exchange earnings and employment
generation.
- In 2005, spun yarn market size was around
Rs 35000 crore with total production of 3100 million kgs.
Out of which, cotton yarn had 69% market share in terms
of value, blended (cotton and non cotton fiber) yarn had
19% market share in terms of value. So, total share of cotton
and cotton-blended yarn was 88%. 100% non-cotton yarn market
was very low having market share just 12%.
- Cotton yarn is one of the biggest export
commodity having total export of around 450 million Kg in
2005, in terms of value, it was around 6000 crore.
- India is also biggest yarn exporter in
world having global yarn export market share of 17%. India
mainly exports to China, Korea Republic, Bangladesh, Egypt,
Taiwan, Hong Kong, Turkey, Japan, Israel, European Union
and Mauritius.
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