Global yarn production jumped in Q1/2013 in comparison to the previous quarter as a result of higher output in Asia, North and South America and despite a decrease in Europe. Also on an annual basis global yarn output rose resulting from higher output in Asia, South America and Europe while production fell in significantly in North America.
 
Global yarn stocks were practically unchanged in Q1/2013 with Europe and Asia recording lower ones and South America slightly higher ones. Also on an annual basis yarn stocks practically did not change. Yarn orders in Europe and Brazil were up in the Q1/2013 in comparison to the previous quarter. On an annual basis yarn order increased in Europe but dropped in Brazil.
 
Estimates for yarn production for the 2nd quarter 2013 compared to the 1st quarter of 2013 are positive in Asia and North America, neutral in South America and negative in Europe.
 
In comparison to the previous quarter world yarn output jumped in Q1/2013 by +21.7% compared to the previous one due to higher output in Asia (+23.6%) – particularly in China (+29.7%) – as well as North and South America (+5.0% and +3.0%, respectively). Production of yarn fell in Europe by -0.9%. Global yarn production increased year-on-year by +11.7%. While Asia (+13.0%), South America (+2.9%) and Europe (+1.4%) recorded higher output levels, yarn production dropped in North America (-18.9%).
 
Global yarn inventories decreased slightly by 1.7 % in Q1/2103 with Europe and Asia recording decreases of -2.7% and -2.0%, respectively, while inventories in South America were slightly up (+0.3%). On an annual basis global yarn inventories were slightly down by 1.3%. Yarn stocks in Asia, Europe and South America fell by -1.5%, 0.3% and -0.2%, respectively.
 
Yarn orders in Europe and Brazil were higher in the Q1/2013 in comparison to the previous quarter. On an annual basis yarn order jumped in Europe (+16.2%) but plummeted in Brazil (-17.6%).