January-February 2019 China Industrial Textile Industry Operation Profile

Release time:

2019-04-15

According to the data of the National Bureau of Statistics, the main business income and total profits of enterprises above the scale of China's industrial textiles industry in January-February were 34.243 billion yuan and 1.484 billion yuan respectively, up 8.47 per cent and 5.61 per cent respectively over the same period last year;

According to data from the National Bureau of Statistics, from January to February, the main business income and total profits of enterprises above designated size in my country's industrial textile industry were 34.243 billion yuan and 1.484 billion yuan, respectively, a year-on-year increase of 8.47 and 5.61; industry profit margins were 4.33. A year-on-year decrease of 0.12 percentage points; the industry's loss area was 22.99, and the loss of loss-making enterprises in the industry increased by 7.96, but the growth rate decreased by 27 percentage points compared with the same period last year.

From January to February, the main business income and total profit of non-woven enterprises above designated size in China reached 15.383 billion yuan and 0.612 billion yuan respectively, up 11.02 percent and 7.07 percent respectively, with a profit margin of 4.26 percent; the main business income of ropes and cables increased by 17.06 percent, the highest in the industry, with total profit increased by 7.13 percent and profit margin of 4.98 percent; the main business income of textile belt and cord cloth rose slightly by 2.19, but the total profit decreased by 10.25, and the profit margin was 2.79; the main business income of canopy cloth increased slightly by 3.28, and the total profit increased by 21.07, and the profit margin increased by 0.54 percentage points, which was the highest in the industry; filtration, geotechnical, security, automotive textiles in other industries where the main business revenue and profit of textiles increased by 6.86 and 4.1, respectively, profit margin of 5.63, the highest in the industry.

From January to February, the output of non-woven fabric enterprises above designated size in China reached 598600 tons, an increase of 9.42 percent over the same period last year, and the output of cord fabric increased by 2.98 percent.

According to customs data, from January to February, my country's industrial textile industry exported a total of US $4.106 billion, a year-on-year decrease of 4.49; imported industrial textiles were US $0.993 billion, a decrease of 6.25 compared with the same period last year. From the perspective of major export products, except for the small increase in the export value of disposable sanitary products, non-woven fabrics, felt fabrics and tents, the export of other products has declined to varying degrees. Among them, the export value of industrial coated fabrics, leather base fabrics, packaging textiles and wire rope (cable) belt textiles all decreased by about 10%. The average export unit price of most products in the industry has increased to varying degrees. Among them, the average export unit price of industrial coated fabrics, felt fabrics and tents, non-woven fabrics, string (cable) textiles and packaging textiles increased by 6.15, 6.97, 1.04, 6.69 and 6.93 respectively compared with the same period last year. However, the decrease in the number of exports reflected by this indicates that the demand in overseas markets is weakening.

In terms of major markets, the United States remains China's largest export market for industrial textiles, with exports to it plummeting by 11.32 per cent in January-February; exports to Japan rose slightly by 2.03 per cent; and exports to Vietnam and India fell by 3.07 per cent and 2.65 per cent, respectively. Exports to the EU fell 3.25 percent year-on-year, and exports to countries along the Belt and Road fell 4.43 percent.

Investigation Report on Nonwovens and Related Industries in Hubei Province

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