In the first three quarters of 2020, after experiencing the severe impact of Sino-US economic and trade frictions and the global COVID-19 epidemic, my country’s economic growth has turned from a decline to an increase, economic operations have continued to recover steadily, consumption and investment have stabilized and picked up, and exports have recovered beyond expectations. , the main economic performance indicators of the textile industry have gradually improved, showing a gradual recovery trend. Under this situation, the overall operation of the textile machinery industry gradually recovered in the first three quarters, and the decline in industry economic operation indicators further narrowed. Driven by textile equipment for epidemic prevention, exports increased significantly. However, the global market has not yet fully recovered from the trough caused by the epidemic, and the overall pressure on the production and operation of the textile machinery industry remains unabated.
Operation quality and efficiency
According to statistics from the National Bureau of Statistics, from January to September 2020, 639 textile machinery enterprises above designated size The industry achieved operating income of 47.704 billion yuan, a year-on-year decrease of 16.04%. The growth rate dropped by 10.25 percentage points compared with the same period last year. The decline in industry operating income continued to narrow. Total assets were 99.886 billion yuan, a year-on-year increase of 8.59%. The decline in operating income in the first three quarters narrowed by 0.98 percentage points compared with the first half of the year. The total profit achieved was 2.987 billion yuan, a year-on-year decrease of 26.48%, and the decline was 1.62 percentage points larger than the first half of this year. The operating income profit margin was 6.26%, a decrease of 0.33 percentage points compared with the same period last year. The loss of loss-making enterprises was 524 million yuan, a year-on-year increase of 59.4%; the loss area was 28.01%, an increase of 8.85 percentage points from the same period last year.
From January to September 2020, the total cost of textile machinery enterprises above designated size was 43.777 billion yuan, a decrease of 15.7% compared with the same period last year.
Survey of key enterprises
The China Textile Machinery Association conducted a survey on 95 key textile machinery enterprises. Survey on operating conditions in the first three quarters of 2020. Judging from the summary results, operating conditions in the first three quarters have improved compared with the first half of the year. The operating income of 50% of the companies has declined to varying degrees, of which 11.83% of the companies’ orders have dropped by more than 50%. The prices of textile machinery products have generally been stable with some decreases. The inventory of 41.76% of the companies has remained the same as last year, and the capacity utilization rate of 46.15% of the companies has declined. above 80%. At present, enterprises believe that the problems they face are mainly concentrated in insufficient domestic and foreign markets, high pressure on rising costs, and blocked sales channels. Weaving, knitting, chemical fiber and nonwoven machinery companies expect orders to improve in the fourth quarter compared with the third quarter. Regarding the situation of the textile machinery industry in the fourth quarter of 2020, 42.47% of the surveyed companies are still not very optimistic.
Import and export situation
According to customs statistics, my country’s textile machinery imports from January to September 2020 The cumulative total export volume was US$5.382 billion, a year-on-year decrease of 0.93%. Among them: textile machinery imports were US$2.050 billion, a year-on-year decrease of 20.89%; exports were US$3.333 billion, a year-on-year increase of 17.26%.
Import situation of textile machinery industry
From January to September 2020, a total of 68 countries Textile machinery imported from and into the region totaled US$2.05 billion, a year-on-year decrease of 20.89%.
In terms of imported product categories, chemical fiber machinery imports ranked first, with a total import volume of US$788 million, a year-on-year increase of 12.77%, accounting for 38.46% of the total import volume; seven major categories Except for chemical fiber machinery, all products have declined to varying degrees.
Export situation of the textile machinery industry
From January to September 2020, a total of 179 countries and regional exports of textile machinery amounted to US$3.333 billion, a year-on-year increase of 17.26%. Driven by the export of epidemic prevention textile production equipment, the total export volume of textile machinery exceeded the level of the same period last year, and exports turned from negative to positive year-on-year.
According to customs statistics from January to September 2020, textile machinery exports are divided into major categories. The export volume of non-woven machinery (including epidemic prevention textile production equipment) was US$1.148 billion, compared with last year It increased by 866.07%, accounting for 34.43%, ranking first, followed by printing, dyeing and finishing machinery, knitting machinery, auxiliary devices and spare parts, weaving machinery, spinning machinery, and chemical fiber machinery. Driven by the export of anti-epidemic textile production equipment, the export value of non-woven machinery, printing and dyeing and finishing machinery has exceeded the export value of knitting machinery for four consecutive months since May this year.
Situation of various sub-industries
Spinning machinery
Affected by the epidemic, the overall demand for domestic and foreign spinning machinery markets has been sluggish. As the foreign epidemic continues, import and export logistics and personnel movement are difficult, the economic recovery is still slow, and the recovery of the export market will still take a long time. The sales of cotton spinning machines decreased by 56.1% year-on-year, of which the sales of long cars (equipped with collective doffing devices) accounted for 81% of the total spinning machines; the total sales of concentrated spinning devices decreased by 41.1% year-on-year; and the sales of rotor spinning decreased by 38.7% year-on-year. Among imported equipment, only air-jet vortex spinning equipment is still growing, indicating that domestic demand for air-jet vortex spinning remains hot. As the domestic epidemic situation continues to stabilize, domestic demand potential continues to be released, and some foreign textile orders are transferred to the country. The market for textile companies began to gradually pick up after July, and the demand for equipment and equipment gradually increased. Spinning machinery companies started to Orders began to gradually pick up in March.
Weaving Machinery
In the first three quarters of 2020, as the domestic epidemic was effectively controlled, the domestic market showed a gradual recovery trend. The capacity utilization rate of weaving machinery companies has gradually recovered, and supply capacity and industrial chains have continued to improve. At the same time, affected by changes in fabric styles and equipment modifications and upgrades, weaving machinery sales experienced a sharp decline in the first quarter. After stabilizing in the second quarter, sales of weaving machinery continued to improve in the third quarter. The sales volume of rapier looms and air-jet looms showed a month-on-month growth trend for the first time this year. Affected by the large market stock, the sales volume of water-jet looms in the third quarter was basically the same month-on-month; due to foreign/p>
In the first three quarters of 2020, the number of chemical fiber spinning machines increased slightly, with a year-on-year increase of 15.78%. The new production capacity of viscose complete sets of equipment increased compared with last year. It can be seen from statistical data that the production and sales of chemical fiber spinning machines have increased in the first three quarters of 2020. At present, on the one hand, it is common for some small and medium-sized user companies to reduce production and suspend production lines; on the other hand, raw material prices continue to fluctuate at low levels, and the demand for downstream chemical fiber yarn products is insufficient, resulting in the production of some user companies at a loss. With the resumption of domestic work and production, orders for texturing machines recovered slightly in the third quarter, and the number of orders showed a clear trend of increasing month-on-month, but it has not yet reached normal levels. As the domestic epidemic situation and economy continue to improve, it is expected to rebound throughout the year. However, affected by the spread of the epidemic abroad, the export volume of chemical fiber machinery has dropped significantly. In recent years, the main development directions of equipment have been energy saving, consumption reduction and green environmental protection, and the demand for differentiated fiber product equipment will continue to rise.
Nonwoven machinery
In the first three quarters of 2020, the production and sales of nonwoven production lines continued to increase, but the growth trend gradually slowed down . Due to the growth in exports of anti-epidemic materials such as masks, medical protective clothing, medical dressings, and disinfectant wipes in the first three quarters, sales of spunbond, meltblown, spunmelt composite, spunlace and other nonwoven production lines continued to increase. Among them, the sales volume of spunbond, meltblown and spunmelt composite increased by about 40% compared with the first half of the year, and the spunlace nonwoven production line increased by 79.49% compared with the first half of the year. As downstream markets such as geotechnical and leather substrates gradually recover, sales of needle-punched nonwoven production lines have increased, up 39.34% compared to the first half of this year, but down 64.71% compared to the same period last year.
Generally speaking, the situation of nonwoven machinery companies in the first three quarters is relatively optimistic. However, with the delivery of contract orders and the meltblown cloth market has begun to become oversaturated, meltblown nonwovens equipment is booming this year. The phenomenon has gradually cooled down, and the quality assurance issues after the production line is delivered for use also deserve the attention of enterprises. At present, the epidemic situation in some overseas countries and regions is still developing. Non-woven equipment manufacturers in Europe and the United States and other countries have continued to increase the production capacity of non-woven fabrics such as melt-blown cloth through continuous innovation of technology and rapid return to factory support to make up for the needs of masks, protective clothing and so on. Gap in personal protective equipment (PPE) such as clothing. In contrast, my country’s nonwoven equipment still has certain competitiveness in Latin America, Africa, Central Asia, South Asia, Southeast Asia and other regions.
Industry situation outlook
Overall, the economic operation of the textile machinery industry in the fourth quarter and 2021 still faces many risk pressures. Due to the impact of the COVID-19 epidemic, the global economy is facing a deep recession, and the IMF predicts that the global economy will shrink by 4.4% in 2020. The world is undergoing major changes unseen in a century. The international environment is becoming increasingly complex and volatile, and uncertainty and instability have increased significantly. We will face pressure on global supply chain cooperation, a significant shrinkage in trade and investment, a massive loss of jobs, and geopolitical conflicts. Wait for a series of questions. Although domestic and foreign market demand has recovered in the textile industry, it has not yet returned to normal levels, and corporate development and investment confidence still needs to be restored. In addition, according to the latest survey report released by the International Textile Federation (ITMF) in September this year, affected by the epidemic, the turnover of major global textile companies in 2020 is expected to drop by an average of 16%. It is expected that it will take several years to fully make up for the impact of the new crown epidemic. Loss. Against this background, the market adjustment in the textile machinery industry is still continuing, and the pressure on enterprise production and operation has not yet been relieved.
At the same time, we should also see continued momentum for industry development. my country’s national economy has continued to recover stably. It has a complete industrial system, a huge domestic demand market, ample policy space, and the economy has strong resilience and repair capabilities. Our country has shifted to a new stage of high-quality development and is in a critical period at the end of the “13th Five-Year Plan” and the beginning of the “14th Five-Year Plan”. The Fifth Plenary Session of the CPC Central Committee proposed that “we must unswervingly build a manufacturing power, a quality power, a network power, and a digital China.” ”, the country places manufacturing in an important position. A new round of scientific and technological revolution and industrial transformation are developing in depth, and economic globalization is still a historical trend. However, with the profound changes in the international landscape, industrial and supply chains are being reconstructed and deeply adjusted. The Regional Comprehensive Economic Partnership Agreement (RCEP) ) will promote my country’s various industries to more fully participate in market competition and help expand China’s export market space. At the same time, the effectiveness of a series of policies to bail out companies and financial policies to support the real economy introduced this year will continue to be effective. Under the new development pattern with the domestic cycle as the main body and the domestic and international dual cycles reinforcing each other, enterprises in the entire industry must adhere to market orientation, respond scientifically, and strive to improve their ability to find opportunities in crises and turn crises into opportunities in the changing situation, so as to realize the enterprise’s , the steady development of the industry. </p
