In the first half of 2021, thanks to the stable domestic epidemic prevention and control situation and the continued release of macro policy effects, the national economy has steadily recovered, the textile industry has rebounded, and the industrial cycle has remained smooth. The production and operation of my country’s textile machinery industry has maintained steady development, the industry’s main economic indicators have maintained a steady recovery trend, exports have maintained growth, and foreign trade has continued the surplus trend since 2019.
Operation quality and efficiency
Industry business Income is steadily improving. According to statistics from the National Bureau of Statistics, from January to June 2021, 664 textile machinery companies above designated size achieved a year-on-year increase of 33.22% in operating income, a decrease of 5.70% compared with the same period in 2019. Total assets increased by 10.73% year-on-year. Industry profits continue to improve. From January to June 2021, the total profits of textile machinery enterprises above designated size increased by 50.95% year-on-year, an increase of 0.67% compared with the same period in 2019. The operating income profit margin was 7.44%, an increase of 0.84 percentage points compared with the same period last year. The loss amount of loss-making enterprises decreased by 23.15% year-on-year; the loss area was 21.84%, a decrease of 11.34 percentage points from the same period last year. The total costs and expenses of textile machinery enterprises above designated size increased by 31.37% year-on-year, which was 1.85 percentage points lower than the increase in operating income. The industry’s asset-liability ratio increased slightly. From January to June 2021, the total assets of textile machinery enterprises above designated size increased by 10.73% year-on-year. The asset-liability ratio was 59.83%, an increase of 1.92 percentage points compared with the same period last year, which was higher than the 56.5% asset-liability ratio of industrial enterprises above designated size.
Investigation of key enterprises
Textile The Machinery Association conducted a survey on the operating conditions of 368 textile machinery companies in the first half of 2021. Judging from the summary results, business operations have improved significantly compared with the same period last year. 72% of the companies’ operating income increased by varying degrees compared with the same period last year, 73% of the companies’ orders exceeded the level of the same period last year; 62% of the companies’ production capacity utilization rate was higher than 80%. The main problems faced by enterprises at present are the difficulty in recruiting workers, insufficient employment and the pressure of rising costs. 54.65% of companies believe that orders in the second half of the year will increase compared with the first half of the year. Their optimism about the overall situation of the textile machinery industry in the second half of the year has slightly declined. 45% of the companies surveyed have optimistic expectations for the second half of the year.
Import and export status
According to customs According to statistics, from January to June 2021, the cumulative import and export volume of my country’s textile machinery was US$4.073 billion, a year-on-year increase of 24.08%. Among them: textile machinery imports were US$1.740 billion, a year-on-year increase of 24.88%; exports were US$2.333 billion, a year-on-year increase of 23.49%.
From January to June 2021, textile machinery was imported from 62 countries and regions, with a total import volume of US$1.74 billion, a year-on-year increase of 24.88%, which was slightly lower than the same period in 2019. increase. In terms of imported product categories, chemical fiber machinery imports ranked first, with a total import volume of US$507 million, a year-on-year decrease of 6.74%, accounting for 29.12% of total imports; except for chemical fiber machinery, the seven major categories of products all experienced varying degrees of growth.
From January to June 2021, my country exported a total of US$2.333 billion in textile machinery to 177 countries and regions, a year-on-year increase of 23.49%. By major categories: the export value of knitting machinery was US$580 million, a year-on-year increase of 73.37%, accounting for 24.87%, ranking first, followed by printing and dyeing and finishing machinery, auxiliary devices and spare parts, nonwoven machinery, Among seven categories of products, including spinning machinery, weaving machinery and chemical fiber machinery, five rose and two fell.
Situation of various sub-sectors
Textile Yarn machinery
Starting from the second quarter of 2021, the international textile market has picked up significantly, and the domestic yarn market has rebounded strongly. Spinning companies generally have sufficient orders, and profits have rebounded. Equipment upgrades or renovations may be carried out. The willingness to expand production scale has increased, and new projects have increased significantly, driving the sales of spinning machinery to rise steadily. According to association statistics, from January to June 2021, the sales of cotton spinning machines increased by 82.2% year-on-year, of which the sales of spinning machines equipped with collective doffing devices accounted for 82.3% of the total; the sales of concentrated spinning devices increased by 88.5% year-on-year, of which the sales of spinning machines equipped with mainframes The compact spinning devices accounted for 38.8% of the total; the sales of rotor spinning machines increased by 100% year-on-year. It can be seen from the statistical data that the sales of various host equipment of spinning machinery have increased to varying degrees in the first half of 2021. Most products have reached the level of the same period in 2019. Among them, the sales of rotor spinning machines have basically reached the best in the same period in history. Level, although the import of air-jet vortex spinning machines has declined slightly compared to the same period last year, it still exceeds the level of 2019. It is understood that in the third quarter of 2021, most spinning machinery companies have full tasks and good follow-up orders.
Weaving Machinery
2021 In the first half of the year, thanks to the effective control of the domestic epidemic and the continued release of macroeconomic policy effects, market demand gradually recovered and the operating environment continued to improve. The growth rate of weaving machinery remained in a high range, and the foreign trade export situation was better than expected. According to data from the National Bureau of Statistics, downstream textiles such as clothing, home textiles, and industrial textiles (textile belts, cord fabrics, awnings, canvas, etc.) have grown year-on-year. The production situation continues to improve, and the industry is operating at a high level. At the same time, due to the expansion of fabric varieties Due to the continued impact of equipment transformation and upgrading, the production and sales of rapier looms, air-jet looms, and water-jet looms increased significantly year-on-year despite a low base. According to association statistics, from January to June 2021, the sales of high-speed rapier looms of major domestic manufacturers increased by 81.48% year-on-year; the sales of air-jet looms increased by 132.88% year-on-year; the sales of water-jet looms increased by 42.86% year-on-year.
It is expected that in the third quarter of 2021, the end consumer market’s purchase demand for clothing, home textiles, industrial textiles, etc. will stabilize, and the production of weaving machinery willDue to the impact of the epidemic, the market sales of texturing machines have grown rapidly compared with the same period last year. Texturing machine manufacturers continue to maintain full production. As the projects of large chemical fiber enterprises are steadily advancing, orders for next year are also being signed one after another. In terms of short fiber equipment, most of the new production capacity in the first half of the year was hollow fiber and low melting point fiber. It is expected that many large companies will have plans to put production capacity into production in the second half of the year, but the actual production time may be at the end of the year, and they will mainly be put into production one after another. The actual output during the year is limited, and it is difficult to have a significant impact on the market. The new supply in 2021 will mainly focus on differentiated specifications, and the increase in conventional varieties will only come from the resumption of production of individual companies. It is expected that the production equipment of composite fibers such as ES will be the focus of the market in the future.
Nonwoven machinery
According to Statistics from the Textile Machinery Association on key enterprises show that nonwoven production line shipments increased steadily in the first half of 2021. Shipments of spunlace nonwoven production lines increased by 48.72% year-on-year; shipments of needle-punched nonwoven production lines increased by 26.23% year-on-year; shipments of spunbond, melt-blown, and spun-melt composite nonwoven production lines decreased by more than 90% year-on-year .
Spunlace nonwoven products still occupy an important position in the fields of medical and health, personal protection, wiping materials and other fields. In the first half of this year, spunlace nonwoven equipment has also been shipped from the factory. , due to the large-scale release of spunlace fabric production capacity, the price of spunlace fabric has dropped significantly, and some customers have delayed delivery of goods. New orders in the second half of the year are not optimistic. The industry needs some time to digest the sharp increase in production capacity in the past two years, and at the same time increase development. Strength in new application areas.
Due to the need for epidemic prevention and control and the production of anti-epidemic materials in 2020, the production and demand of the needle-punched nonwovens industry have been suppressed. From the fourth quarter to the first half of this year, the needle-punched nonwovens industry The cloth market has ushered in a post-pandemic market recovery, and new applications for air filtration and face masks, as well as the automotive industry with special requirements for sound and heat insulation, are also driving the growth of the acupuncture market. According to the association’s understanding of some key acupuncture companies, their sales in the first half of the year have reached or exceeded historical highs, and expectations for the second half of the year are also cautiously optimistic.
Melt-blown, spunbond and spunbond melt-blown and other equipment have experienced ultra-rapid growth in 2020, and the industry estimates that sales in the next 3-5 years have been anticipated. Most of the production line deliveries recorded in the first half of the year were signed in the previous year, and sales expectations for the second half of the year are generally not optimistic. A large number of second-hand equipment sales have occurred in the market. It is expected that after one or two rounds of industry reshuffle, the normal supply and demand order of the industry is expected to be re-established within two years.
Hot air equipment is similar to spunmelting. In 2020, due to the increased demand for epidemic prevention, the equipment market for hot air cloth was once optimistic. However, due to the improvement of spunmelting, spunlace technology and finishing technology, Improved, the fluffy and soft characteristics of hot air cloth are no longer obvious, and the sales of hot air online in the first half of the year are not ideal. In the future, the research and development of new technologies and new products should be strengthened.
Industry Situation Outlook
2021 In the first half of the year, my country’s overall epidemic prevention and control work has achieved remarkable results, and economic and social development has continued to recover steadily and improve. The market demand of my country’s textile machinery industry has gradually recovered, the operating conditions of enterprises have generally improved, and the industry has developed steadily.
Looking forward to the second half of the year, with the further strengthening of the endogenous driving force of China’s economy, the layout and implementation of medium- and long-term development strategies and the implementation of projects, and the gradual clarity of the global economic situation, China’s macro economy is expected to accelerate from Continue recovery until the normalization process is completed. The meeting of the Political Bureau of the CPC Central Committee on July 30 proposed the need to strengthen scientific and technological innovation and the resilience of industrial and supply chains, strengthen basic research, promote applied research, carry out special actions to strengthen and strengthen chains, speed up the resolution of “stuck neck” problems, and develop specialized, new, small and medium-sized enterprises. enterprise. At the same time, the central bank lowered the deposit reserve ratio of financial institutions and other financial reform measures in early July to further support the development of the real economy and enable small and medium-sized enterprises to receive more financial support. In the future, with the continuous implementation of industrial policies, under the guidance of accelerating the construction of a new dual-circulation development pattern, the layout of self-reliance and self-reliance in science and technology, the safety layout of the industrial chain and supply chain, the smooth flow of the domestic cycle and the complement of shortcomings, the launch of the strategy of expanding domestic demand, etc. These measures will help optimize the business and financing environment, stabilize consumption and investment demand, and support the smooth operation of the industry.
At the same time, the current development situation faced by the textile machinery industry is also faced with many unstable factors. There has been a partial rebound of the epidemic in many places in the country, the global epidemic is still evolving, and the international political and economic situation The situation remains complicated. New challenges arising from rising raw material prices since the beginning of the year, soaring logistics costs, and global supply chain bottlenecks still exist. These have put greater pressure on production and operation of enterprises, and the stable development of the industry still faces many challenges.
In response to external environmental changes, the textile machinery industry will continue to focus on intelligent manufacturing and industrial upgrading, promote independent innovation, comply with market demand, actively explore international and domestic markets, and properly respond to rising anti- Risk capabilities and development resilience promote the industry to achieve high-quality development. </p
