The main results of the 43rd annual International Textile Machinery Shipment Statistics (ITMSS) have been released by the International Textile Manufacturers Federation (ITMF).
The report covers six segments of textile machinery, namely spinning, draw-texturing, weaving, large circular knitting, flat knitting and finishing. The global shipments of five segments (except large circular machines) declined in 2020 as compared to 2019.
Deliveries of new short-staple spindles, open-end rotors and long-staple spindles dropped by 48 per cent, 27 per cent and 46 per cent, respectively. The shipment of draw-texturing spindles declined by 30 per cent and deliveries of shuttle-less looms shrunk by 16 per cent.
Further, the shipment of flat knitting machines contracted by a whopping 53 per cent in 2020 as against 2019, while the large circular machines noted a growth of 13 per cent. The deliveries in the finishing segment also dropped by 17 per cent on average.
The 2020 survey has been compiled in cooperation with more than 200 textile machinery manufacturers representing a comprehensive measure of world production.