By  on May 24, 2013

GENEVA — Global shipments of weaving, texturing and some spinning machinery posted sharp falls in 2012 compared with investments made the year before, but circular knitting machinery and wool spindles notched double-digit gains, an industry survey said.

According to the latest annual survey by the International Textile Manufacturers Federation, global shipments of shuttleless looms plummeted 44 percent in 2012 to 86,450 unit sales, with China the biggest investor with a 68 percent share of total world sales, followed by India with 12 percent. Shipments of double-heater draw-texturing spindles, used for polyester filament, also fell last year, by 13 percent to 717,800 units. China and India were the biggest investors in this segment, with market shares of 68 percent and 6.2 percent, respectively, the ITMF survey of 122 textile machinery manufactures found.

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