Textile Machinery Production in Japan Surpasses 200 Billion Yen in 2011

In a recent report the Japan Textile Machinery Association reported that the country’s production of textile machinery in 2011 increased by 8.6% over the previous year, reaching 226,667 million yen.

Exports grew by 9.4% to 243,506 million yen due to vigorous overseas demand. Winders and other weaving preparation machinery led the way, and fiber-making equipment, looms and knitting and braiding machines were also in a favorable condition.

Back in 2009, the Japanese textile machinery production dropped to the 100-billion-yen level, but recovered significantly to the 200-billion-yen level in 2010, and maintained their vigor in 2011. Capital investments in newly emerging economies centering on China were the factor for the rapid recovery.

2011 production by type of machinery is as follows (million yen): fiber-making, 36,949 (up 1.6% compared to 2010); spinning, 14,762 (up 5.1%); weaving preparation, 59,513 (up 42.6%); looms, 48,750 (up 3.2%); knitting and braiding, 58,199 (down 3.4%); dyeing and finishing, 4,015 (down 17.1%); others, 4,479 (up 6.6%).

Source: yarnsandfibers.com