Quick Report Of The Wool Textile Industry In 2018

In 2018, the overall operation of the wool textile industry showed a trend of adjustment and pformation, and the output of major products declined, and the larger export products showed a decline, and the demand for market pformation and upgrading was urgent.

In addition, the high price of raw materials in the first three quarters further aggravated the burden on enterprises, and the polarization phenomenon became more obvious.

1. Wool textile production

In 2018, the products produced by the above size wool textile enterprises mainly showed a decline, of which wool yarn output fell 10.78% compared with the same period last year, and the output of wool fabrics dropped 6.24% compared to the same period last year.

Two. Export situation of wool textile

According to China Customs statistics, in 2018, the total import and export of raw materials and products of wool textiles was 18 billion 310 million US dollars, an increase of 4.5% over the same period last year.

Among them, total exports amounted to US $13 billion 320 million, an increase of 0.8% over the same period, and total imports of US $5 billion, an increase of 15.9% over the same period last year.

(1) export situation

In 2018, the specific export of woolen raw materials and products has changed in recent years. The export of wool, wool, wool yarn and wool fabric has increased in a continuous increase of 4.4%, 4.8%, 11.3% and 3.6% respectively.

The wool textile products ended better export momentum, showing a rapid decline, and the export volume of knitted apparel and woven garments decreased by 7.6% and 36% respectively.

The export situation of blankets was also poor in 2018, and export volume fell by 3.3% over the same period last year.

But the export of artificial fur remained strong and maintained a rapid growth, up 23.6% over the same period last year.

The total export destinations of us, Europe, Japan, ASEAN and Hongkong still account for 70% of the total export volume of wool textiles. Besides the slight decline in exports to Hongkong, the export scale of other export markets has increased.

The amount of exports to the US, EU, Japan and ASEAN increased by 13.9%, 14.2%, 3.9% and 19.9% respectively.

Main export market growth of wool textiles in 2018

(two) import situation

In 2018, China imported 377 thousand tons of wool, an increase of 7.2% compared with the same period last year, with a total import value of US $3 billion 280 million, an increase of 17.12% over the same period last year.

The price volume of imported wool increased at the same time, continuing the rapid growth of wool imports since 2017.

Imported wool from Australia, New Zealand, South Africa, Uruguay and Argentina still account for 70% of total wool imports, accounting for more than 50% of the total wool processing.

In 2018, the largest proportion of Australian wool imports fell, down 8% compared with the same period last year, while the imports of other major wool importing countries increased year-on-year.

The price of wool imported from other countries increased in the past year, bringing the rapid increase in import volume.

Three. Operation of wool spinning industry

According to the bulletin of the Statistics Bureau, the main business income of wool textile enterprises above Designated Size in 2018 increased by 1.44% compared to the same period last year, which is lower than the 1.97% growth rate of the main business cost over the same period.

Total profit fell by 10.9% compared with the same period last year, with an average profit margin of 3.7%, down 0.5 percentage points from the previous year.

The deficit of loss making enterprises increased by 19.5% compared with the same period last year, and the difficulties faced by the industry generally were higher than that of last year.

In 2019, the wool textile industry will face complex and changeable internal and external markets and situations.

This year will also be a key year to further push forward the structural reform of supply side and implement the "textile industry development plan (2016-2020)".

Actively exploring the pition to green, technology and fashion will be a common topic in the industry. Promoting healthy development of the industry, promoting industrial cluster adjustment and upgrading, and strengthening personnel education and training will be an important direction for industry pformation and upgrading.