Against the complex background of rising domestic and foreign risk challenges, my country’s textile machinery industry is moving forward under pressure. From January to December 2019, the industry’s main economic indicators showed a downward trend. However, my country’s textile machinery exports still maintained a slight growth, while imports showed a decline. Double-digit decline.
January to December 2019, The 675 textile machinery enterprises above designated size achieved operating income of 81.952 billion yuan, a decrease of 7.00% compared with the same period in 2018, and a growth rate that was 15.82 percentage points lower than the same period in 2018. Total assets were 107.229 billion yuan, an increase of 4.94% compared with the same period in 2018. The industry’s profit pressure was slightly reduced compared with the third quarter of 2019. From January to December 2019, the total profit of textile machinery enterprises above designated size was 5.867 billion yuan, a decrease of 3.60% compared with the same period in 2018, and the operating income profit margin was 7.12%, a decrease of 0.38 percentage points compared with the same period in 2018. The loss of loss-making enterprises was 375 million yuan, a decrease of 8.32% compared with the same period in 2018; the loss area was 14.96%, an increase of 1.59 percentage points compared with the same period in 2018. From January to December 2019, the total cost of textile machinery enterprises above designated size was 75.239 billion yuan, a decrease of 7.35% compared with the same period in 2018, and the growth rate decreased by 16.00 percentage points compared with the same period in 2018.
From January to December 2019, key enterprises tracked by the China Textile Machinery Association achieved main business income of 28.455 billion yuan. Compared with the same period in 2018, it decreased by 10.39%; the total profit realized was 3.969 billion yuan, which decreased by 24.17% compared with the same period in 2018. The loss of loss-making enterprises was 141 million yuan, an increase of 23.69% compared with the same period in 2018; the loss area was 17.11%. The total period expenses of key enterprises were 7.215 billion yuan, a decrease of 5.73% compared with the same period in 2018; of which operating expenses were 1.370 billion yuan, a year-on-year decrease of 12.70%, accounting for 18.98% of the total period expenses, and administrative expenses were 5.121 billion yuan, a year-on-year decrease of 4.03% , accounting for 70.96% of the total expenses during the period; financial expenses were 725 million yuan. It decreased by 3.19% year-on-year, accounting for 10.04% of the total expenses during the period.
According to customs statistics, my country’s total textile machinery import and export volume from January to December 2019 was US$7.116 billion, which was the same as in 2018. A decrease of 3.81% compared with the same period last year. Among them: textile machinery imports were US$3.333 billion, a year-on-year decrease of 10.49%; exports were US$3.783 billion, a year-on-year increase of 2.96%. The growth rate of exports is significantly greater than the growth rate of imports, and the trade surplus has been maintained in 2019.
From January to December 2019, textile machinery was imported from 70 countries and regions, with a total import volume of US$3.333 billion. A year-on-year decrease of 10.49%. The main countries and regions that import textile machinery are Japan, Germany, Italy, Taiwan, and Belgium. The trade volume of the top five importers was US$2.777 billion, a decrease of 8.65% compared with the same period in 2018, accounting for 83.31% of the total imports. .
From the perspective of imported product categories, chemical fiber machinery imports ranked first, with a total import volume of US$913 million, which was the same as in 2018. Compared with the same period last year, it increased by 20.44%, accounting for 27.39% of total imports; except for chemical fiber machinery, the seven major categories of products all decreased significantly. Driven by downstream demand, chemical fiber machinery continued to maintain its import growth trend.
From January to December 2019, textile machinery exports totaled US$3.783 billion to 192 countries and regions, which was the same as in 2018. An increase of 2.96% compared with the same period. The total export value to India, Vietnam, Bangladesh, Turkey and Indonesia accounted for 53.19% of the total export value, making them the main countries and regions for my country’s textile machinery exports. Exports to Vietnam still maintain a relatively high growth rate, but the growth rate has declined compared with the third quarter of 2019.
According to customs statistics, textile machinery exports are divided into major categories from January to December 2019: knitting machinery exports were 1.012 billion US dollars increased by 5.87% compared with 2018, accounting for 26.76%, ranking first, followed by printing and dyeing finishing machinery, auxiliary devices and spare parts, spinning machinery, weaving machinery, chemical fiber machinery and nonwoven machinery , five of the seven categories of products rose and two fell. Exports of chemical fiber machinery increased significantly year-on-year.
2020 is the year to build a moderately prosperous society in all respects and the final year of the “13th Five-Year Plan”. From the perspective of the global economy, The factors restricting economic growth have yet to show definite signs of improvement, and endogenous growth momentum has weakened. The global novel coronavirus epidemic has currently had a certain impact on my country’s economic development. Demand and production have slowed, consumption has been sluggish, investment has been sluggish, and the industry is facing huge challenges. It will take some time for the economy to fully recover to normal operating conditions. Recently, industry operations are generally in the stage of gradual recovery. However, in order to alleviate the difficulties caused by the epidemic, relevant national and local departments have issued a number of support policies to help boost the market. confidence. In the long term, the fundamentals of our country’s economy are still stable, and industry development is still resilient. The industry needs to work hard to improve product quality and development capabilities, enhance international competitiveness, and ensure that the industry moves forward steadily. </p
