The Global Spread Of The New Crown Is Deeply Affected By The Wool Textile Industry.

As the raw materials and final products market depends on international market and trade, the wool textile industry has encountered tremendous pressure and challenges from production to sales in the global economic recession caused by the spread of the epidemic.

First, enterprise production is faced with the difficulty of maintaining stable start up situation.

As the wool textile enterprises gradually resumed production in mid and late 2 months, the output of woolen fabrics was only 34 million 880 thousand meters in 1~2 months, down 24% compared with the same period last year, and the output of wool yarn was 16 thousand tons, down 27% from the same period last year.

According to the survey conducted by the China Mao Association for the resumption of enterprises' re production, by the end of April 6th, the enterprises surveyed basically had all returned to work, and the rate of resuming workers accounted for about 80% of normal employment. However, in the resumed enterprises, only 36% of the enterprises with capacity utilization rate reached 80%, while another 29% of the enterprises were less than 50% in terms of capacity utilization. On the whole, the current production load of enterprises is not high, and the scale of production maintained by enterprises is insufficient. The difficulty of starting the situation in the future will continue to be more difficult, and the industry may be faced with the situation of declining production.

Two, the serious epidemic situation in the export area of wool textile products aggravated the export of industry, and the export of main products showed a decline.

According to customs data for 1~2 months, the total export volume of raw materials and products of wool textile products was 1 billion 90 million US dollars, down 24.7% from the same period last year. The export volume of various major categories of products has declined, and intermediate products such as wool sliver, wool yarn, wool fabric and so on show a drop in volume and price. From the amount of exports, the export volume of major export products generally showed a decline of more than two figures, of which the export volume of wool fabrics was the largest, with a decrease of 41%. The export volume of several main export areas of raw materials and products of wool textile products showed a decrease of more than 20%. The impact of the epidemic on exports and trade is obviously more than 08 years of financial crisis.

Figure 12020 exports of major woollen products category in 1~2

Source: China Customs

Figure 22020 export situation of wool textile products in main export areas in 1~2

Source: China Customs

The decline in exports in the first 2 months of this year was mainly affected by China's Spring Festival holiday and China's domestic anti epidemic work. However, since March, the main export areas of wool textile raw materials and products, such as the European and American countries, have been increasing. According to the investigation results of the resumption of production and resumption by enterprises in the China Mao Association, the order level of enterprises that had been recovered has been receded due to the global epidemic situation. Even the existing order requirements have been cancelled or terminated. The overall export level in the first quarter is neither optimistic nor even more severe.

Three, the number of deficit enterprises is nearly half, and enterprises are facing continuous pressure on production and operation.

In 1~2 months, 436 textile enterprises and 881 dyeing and finishing enterprises in the above scale showed a deficit, with a deficit of 49.5%, an increase of 13 percentage points over the same period last year, and 12 percentage points higher than the average level of the textile industry in the same period. In the 1~2 month, total operating income totaled 11 billion 700 million yuan, down 35.6% compared with the same period last year. The whole industry is in a loss situation, with a total profit of -0.2 billion yuan, down 107.8% compared with the same period last year. The epidemic has not only caused the loss of enterprises, but also has been under great pressure to recover from the epidemic. According to the China Mao Association survey, 78% of the respondents said that the first quarter revenue will continue to decline, and about 40% of the enterprises reported a drop of 20 to 50% in revenue, which would not improve significantly compared with the first 2 months.

Four. Consumption of raw materials

In 1~2 months, the import volume of wool was 42 thousand tons, down 29% compared with the same period last year. Most of the imports from the major hairy countries showed a decline. Of them, imports of wool from Australia, New Zealand and South Africa fell by 22%, 20% and 13% respectively. The wool imports from Mongolia only increased, up 140% from the same period last year.

At present, the overseas epidemic is still grim, and the uncertainty of the world economy has become more apparent. Raw material supply, since late March, except for the Australian market, the wool trading activities of the main wool supplier countries have been completely shut down; port closure, port congestion, global shipping mess, cancellation of orders and insufficient overseas market demand will continue for a long time. The domestic market has not seen obvious recovery and growth, and domestic demand is still weak. It has to be said that the wool textile industry is experiencing an unprecedented predicament. In the first half of this year, the operation of most enterprises is bound to be volatile, and we need to do a good job in guarding against capital risks.