Overall Analysis Of Textile Industry In The First Three Quarters Of 2019

The overall prosperity of the textile industry is generally stable.

Since 2019, the overall prosperity index of textile industry has declined, and enterprises' confidence in the three quarter is still strong. According to the survey data from the China Federation of textile industry, the textile industry boom index in the two quarter of 2019 was 52, down 3 points over the 2019 quarter's industry climate index, all above the 50 rise and fall line, indicating that the industry is still in the growth cycle. The textile industry boom index is expected to be 57.5 in the three quarter of 2019, which is higher than the current prosperity index. It shows that textile enterprises have confidence in the industry in the next quarter.

In the first half of 2019, the industrial added value of textile enterprises above designated size increased by 3.6% compared to the same period last year, the growth rate was 0.8 percentage points higher than that of the same period last year, but 1.8 percentage points slower than the first quarter of 2019. In the various links of the industrial chain, the industrial added value of the chemical fiber industry maintained a two digit figure of 13%, which was higher than that of the high speed growth. The growth rate of the industrial fiber industry was 6.4 percentage points higher than that of the same period last year. The industrial added value of the textile industry increased steadily, and the growth rate was 7.6%.

Industry's overall growth rate has picked up.

Since 2018, the textile machinery industry has further promoted industrial upgrading, and has made varying degrees of progress in new, efficient, low energy consumption, flexibility, automation, digitalization and intellectualization. Technological innovation and structural adjustment have supported the steady growth of the industry. Since 2019, the overall operation has achieved good results and the growth rate of the industry has picked up. In 2019 1-3, the scale of the textile machinery industry reached 22 billion 982 million yuan, an increase of 14.57% over the same period, and the total assets amounted to 102 billion 501 million yuan, representing an increase of 8.56% compared with the same period in 2018.

Industry profitability continued to remain stable

Since 2019, the profitability of China's textile machinery industry has remained stable. In 2019 1-3, the total profit of Enterprises above Designated Size in the textile machinery industry reached 1 billion 401 million yuan, an increase of 13.01% compared with the same period in 2018. The deficit of deficit companies was 145 million yuan, a decrease of 24.05% compared with the same period in 2018 and a 20.35% loss. In 2019 1-3, the profit margin of textile machinery industry was 6.10%, 0.10 percentage points lower than the same period in 2018.

Total imports and exports showed a steady growth.

Since 2015, the total import and export volume of China's textile machinery has increased steadily. According to customs statistics, the total import and export of textile machinery in China in 2019 1-3 amounted to US $1 billion 721 million, down 1.50% compared with the same period last year. Among them: textile machinery imports $819 million, compared with the same period in 2018 dropped by 4.69%; exports of $902 million, compared with the same period in 2018, an increase of 1.58%.

The import market maintained a relatively high growth rate.

With the industrial transfer and upgrading, and the growth of downstream demand, textile machinery maintained a relatively high import growth rate. In 2019 1-3, textile machinery was imported from 58 countries and regions, with a total import value of US $819 million, a decrease of 4.69% compared with 2018. The main countries and regions of import are mainly Japan, Germany, Italy, Belgium and China Taiwan. The trade volume of the top five imports is US $698 million, an increase of 1.83% compared with the same period in 2018, accounting for 85.25% of total imports.

From the perspective of imported products, the import of auxiliary devices and spare parts ranked first in 2018. The total imports amounted to US $899 million, an increase of 7.73% compared with the same period in 2018, accounting for 24.16% of the total imports; seven categories of products were three liters and four; the growth of auxiliary devices and accessories, chemical fiber machinery and weaving machinery were all higher than the average level of the industry.

Export market growth slowed down

Under the influence of active overseas investment by textile enterprises, the export growth of textile machinery in the first quarter of 2019 continued to grow in 2018. In the 1-3 month of 2019, the total export of textile machinery to 170 countries and regions was US $902 million, an increase of 1.58% compared with the same period in 2018. The total amount of exports to India, Vietnam, Bangladesh, Uzbekistan and Indonesia accounts for 56.47% of the total export volume, and is the major country and region for the export of textile machinery in China. Affected by industrial transfer, the export volume of Uzbekistan and Vietnam increased significantly. Exports to Uzbekistan ranked first in the top five of textile machinery exports for the first time.

From the product category, the export of knitting machinery in 2018 was US $956 million, compared with the previous year, a decrease of 8.24%, accounting for 26.08%, ranking first, followed by printing and dyeing finishing machinery, auxiliary equipment and spare parts, spinning machinery, weaving machinery, chemical fiber machinery and nonwoven machinery and equipment. Seven kinds of products increased except knitting machinery, and the growth of chemical fiber machinery was obvious.

Intelligence will be the trend of future development.

Intellectualization is not only the inevitable trend of the development of textile machinery in the future, but also the most important feature of the development of textile machinery industry in recent years. With the development of intelligent manufacturing technology in textile field, the textile industry has developed from single machine intelligence to system digitalization, automation and intellectualization.

In terms of intelligence, at present, the guidance of the government includes four points: establishing a demonstration area; improving the standards of intelligent manufacturing; promoting the alliance of intelligent manufacturing suppliers; developing Internet +, big data and artificial intelligence. The intellectualization of textile industry has made some gratifying achievements. In the 2017-2019 level of the Ministry of industry and information technology, a total of 12 projects were included in the pilot project of intelligent manufacturing. In the 2018-2019 years, a total of 6 projects were included in the comprehensive standardization project of intelligent manufacturing; 10 projects were included in the new project of intelligent manufacturing.

The six intelligent production demonstration lines of spinning, chemical fiber, printing and dyeing, nonwovens, knitting and garments proposed by the textile machinery industry have already taken shape and laid a solid foundation for the final realization of the end of 13th Five-Year.