Development Of China'S Industrial Textiles Industry In 2019

In 2019, the external environment and internal conditions faced by China's industrial textiles industry were more and more complicated. However, the demand of the main industries in the market remained stable, and the policies and measures supporting the real economic development in various countries, such as tax reduction, tax reduction and deepening the value-added tax reform, came down one after another, and the overall operation of the industry was relatively good. According to the National Bureau of statistics, the growth rate of the industry's industrial added value in 1-11 is 7.1%, higher than that of the manufacturing industry, and is also at the leading level in the textile industry.


In terms of production, in 2019 1-11, the output of nonwoven fabrics of Enterprises above Designated Size reached 4 million 533 thousand tons, an increase of 11.1% over the same period last year. The growth rate increased by 1.5 percentage points over the same period last year. The domestic demand market for nonwovens remained relatively strong throughout the whole year. The output of tire fabrics was 567 thousand tons, down 7.7% compared with that of the same period last year. The continuous decline of the scene of automobile market has had a certain impact on the upstream cord fabric market.


In terms of economic efficiency, in the 1-11 months, the main business income of China's industrial textile industry reached 212 billion 20 million yuan, an increase of 2.2% compared with the same period last year, with a total profit of 10 billion 550 million yuan, a decrease of 0.9% compared with the same period last year. The average profit rate of enterprises was 5.8%, but it was still rising but 0.29 percentage points lower than the same period of the same period last year. But at the same time, gross profit and operating profit of Enterprises above designated size increased 5.9% and 11.4% respectively, and gross profit and profit margins increased by 0.5 percentage points over the same period last year. It can be seen from this that although the changes in the macro level have had a certain impact on the operation of some enterprises in the industry, the decline in the prices of related raw materials and the implementation of the national tax reduction and reduction policy have made the enterprises maintain relatively good performance under relatively difficult conditions.


It should be noted that along with the intensification of market competition, the phenomenon of industrial operation differentiation is becoming more and more obvious. In 1-11, the deficit of enterprises with above scale industries was 14%, an increase of 1.5 percentage points compared with the same period last year. Small enterprises in the industry, and some enterprises with single product structure and slow innovation speed still face greater operational difficulties. Large enterprises have maintained a good momentum of development by virtue of brand advantage, capital advantage and effective management mode. In the first three quarters, the main business revenue and profit of 16 listed companies increased by 0.6% and 5.1% compared to the same period last year.


In 2019 1-11, the main business income of non-woven Enterprises above designated size increased by 3.6%, gross margin increased by 0.3 percentage points, but the total profit and profit margins decreased by 1.5% and 0.3 percentage points respectively. The profitability of the canvas and canvas industry continued to improve, and the total profit and profit margins increased by 1.8% and 0.4 percentage points respectively. The growth of total revenue and gross profit of the main businesses, including rope, cable and cable industry and textile belt and tire cord industry, declined, while the total revenue and profit of other industrial textiles (including filtration, geotechnical, protective, transportation and composite materials) increased by 4.4% and 0.5% respectively, and the average profit rate was close to 7%, leading to a leading level in the whole textile industry. Sub sectors


In terms of international trade, industrial exports of industrial textiles in 2019 1-11 valued at US $24 billion 830 million and imported US $6 billion 150 million. Among the major products, coated fabrics, nonwovens and felt / tents are the top three export products, with exports exceeding US $2 billion 500 million, accounting for over 30% of total exports of industrial textiles. The export volume and export volume of nonwovens increased by 7.76% and 4.04% respectively over the same period last year. The demand for nonwovens in the overseas market is still strong. From the main export markets, although the Sino US trade friction still has many uncertainties, the United States is still the largest exporter of industrial textiles in China, and exports to US $3 billion 400 million. Vietnam has surpassed Japan as the second largest exporter, and its exports increased by about 8% over the same period last year. The exports to Japan and South Korea were basically the same as that of the same period last year, and the exports to Russia, Philippines and Thailand showed an uneven increase. It is worth noting that since 2013, the share of industrial textiles in China has increased from 32.64% to 37.73% for the countries along the belt, and the countries along the belt are becoming an important driving force for the growth of China's industrial textiles exports.


In 2020, with the deepening of consumption upgrading, China's industrial textiles industry will continue to rely on the huge domestic demand market, actively explore the international market, especially the "along the road" along the market, further enhance the competitiveness of the industry through technological innovation, intelligent manufacturing and meticulous management, and resolve the risks brought about by the uncertainty of the macro environment at home and abroad, so as to ensure the smooth and healthy development of the industry.