World fibre consumption has been steadily trending up over several decades. Per capita consumption was about 3.7 kilogram in 1950 and climbed to 104 kilogram in 2008. Given the nature of the final products of fibres, clothing and textiles, fibre consumption is sensitive to the global economic situation. The World Apparel Fibre Consumption Survey during 2004 - 2008 recently completed by the Economic and Social Development Department of the Food and Agriculture Organization of the United Nations (EST/FAa) and the International Cotton Advisory Committee (ICAC) revealed the latest developments in world fibre consumption.
Global Economic Trends affected Fibre Consumption
Final products of fibres can be grouped into three major categories clothing, textiles for home and for industrial uses. These final products respond differently to changes in income and prices, depending on whether they are consumed as necessary goods, luxury goods, or durable goods. Therefore, world total fibre consumption is exposed to the influence of global economic developments.
Encompassing an annual average growth of the world gross domestic product (GDP) of 4.2% during 2000 - 2007, per capita world fibre consumption increased by nearly 35%, from 8.3 kilograms in 2000 to 11.1 kilograms in 2007. However, the economic stagnation in developed countries in 2008 resulted in a reduced rate of GDP growth for the world (3%), and a 64% contraction in per capita world fibre consumption, to 104 kilograms.
Read more on World Apparel Fiber Consumption Survey by ICAC @ Fibre2fashion
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