Welcome to PCI Fibres
PCI Fibres is a specialist consultancy in fibres and textiles markets. Our services include multi-client and single-client studies. We provide monthly, quarterly and annual reports covering all the textile fibres and certain raw materials.
Confirmation of ownership for PCI Fibres
The transfer of the PCI Fibres business has now been completed to PCI Research GmbH, owners of PCI Nylon.
With immediate effect:
- The new contact address is: PCI Research GmbH trading as PCI Fibres, Holzweg 14, 61440 Oberursel, Germany
- Personal e-mail addresses remain the same as before. Please note however that Peter Driscoll has retired, so that with immediate effect he will no longer pick up emails to his old PCI Fibres address.
- The website is: www.pcifibres.com
In all other respects the PCI Fibres business continues as is.
Can India expand its fibre demand, and in technical textiles?
The latest Textile Pipeline from PCI Fibres offers in 11 pages a review of the Indian textiles economy; one which has been experiencing relatively disappointing growth from its local consumers. Following a bounce-back in per capita demand of nearly 9% in 2009, growth slowed year by year to just 1% in 2013, coming back strongly in 2014 by nearly 7%. The prospects for the mid-term are again for relatively modest growth, at no more than 3% year-on-year. The position in the export trade is more promising, helped by India’s careful management of its currency which has been depreciating quite considerably for example versus the Chinese RMB.
The message from India is for more inward investment, but in “ease of doing business” India has much to do; a task very much in the programme of the new government.
Even so, through 2009-19 textile activity in India, across all fibre types, is reckoned to be growing at just over 5% per annum. Some 65% of this is for apparel, 28% for home textiles and floorcoverings. Cotton has 55% of the market and features strongly in the export of household goods. Polyester has 38%; noting that in 2014 nearly 20% of the polyester filament and staple produced in India had to be exported. India is not short of polyester supply, but needs more local demand.
While apparel is by far the largest domestic market for polyester in India, much has been made of the development of technical textiles. It is a matter of definition. According to PCI Fibres, technical textiles in India amount to some 7% of mill consumption. This figure is mainly defined by the type of fibre employed, particularly as high tenacity nylon, polyester and polypropylene. It is simply not helpful to define technical textiles more loosely, using terms such as ‘Sportech’ and ‘Meditech’ which largely involve standard fibres in standard fabrics. It is of more help to state things as they are and identify the challenge; the aim of this latest Textile Pipeline review.