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Economic operation of industrial textiles in the first half of 2020

Novel coronavirus pneumonia brought about severe challenges and complicated domestic and international environment in the first half of 2020. China's economy dropped first and then increased. In the two quarter, economic growth was negative and positive, and the economy was recovering steadily. In the face of novel coronavirus pneumonia, China's industrial textiles industry has made great efforts to ensure the production and maintenance of respirators, medical protective clothing, disinfecting wet wipes and related raw and auxiliary materials, and has made important contributions to win the phase victory of the new crown pneumonia epidemic, and to drive the overall operation of the industry to be positive. A kind of

1、 Production and investment continued to grow

According to the research of the association, the domestic market demand index of the industry in the first half of the year was 63.5, and the overseas market demand index was 43.8. The epidemic situation has a great impact on the demand of overseas market. Among the surveyed enterprises, 59.4% of the enterprises said that the domestic market demand increased, 15.2% said it remained stable, and 25.4% thought that there had been varying degrees of decline; while for the overseas market demand, 30.2% of the enterprises said the growth, 19.0% of the enterprises said that the change was not obvious, and more than half of the enterprises thought that there were varying degrees of shrinkage.

In the first half of the year, anti epidemic materials and related raw and auxiliary materials became the main growth point of the industry market demand. The Association survey showed that the production index of the industry in the first half of the year was 62.7, which was relatively high. According to the data of the National Bureau of statistics, from January to may, the output of nonwovens from enterprises above designated size was 2.029 million tons, up 2.46% year on year. While the domestic epidemic situation became stable, the output of nonwovens gradually returned to natural growth. From January to may, China exported 412000 tons of nonwovens, an increase of 0.78% year-on-year, and 66000 tons of imported nonwovens, a year-on-year increase of 30.38%.

2、 The economic benefit differentiation of the industry is increased due to the epidemic situation

According to the data of the National Bureau of statistics, from January to may 2020, the total operating revenue and total profit of Enterprises above Designated Size in the industrial textiles industry will be 103.92 billion yuan and 12.69 billion yuan respectively, with a year-on-year increase of 13.25% and 189.08%, respectively. The profit margin of the industry is 12.21%, with a year-on-year increase of 7.43 percentage points, and the gross profit margin of the industry is 21.47%, which is 7.64 percentage points higher than that of the same period last year.

However, it should be noted that in the first half of the year, the loss area of the industry was 18.06%, and the loss amount of loss making enterprises increased by 7.31% compared with the same period of last year. Although the production of anti epidemic materials has promoted the improvement of the overall efficiency of the industry, enterprises outside the industrial chain of anti epidemic materials are still greatly affected. The index of the first half of the year is 61.65, which is also confirmed by the income index of the industry.

3、 Anti epidemic materials promote export scale

According to the data of China Customs, from January to may 2020, China's industrial textiles industry exports a total of 34.29 billion US dollars of various commodities, an increase of 202.62% year-on-year. Among the main export products, the export value of masks reached 22.56 billion US dollars, the export value of non-woven protective clothing was 2.06 billion US dollars, accounting for 65.78% and 6% of the total export value of the industry, respectively. The export volume of nonwovens and industrial glass fiber products increased by 7.19% and 0.60% respectively over the same period of last year; while the export value of industrial coated fabric, sail, diaper sanitary napkin and cord (cable) belt decreased by 18.67% and 18.62% respectively %、5.11%、3.05%。 In terms of import, the import volume of masks and nonwoven protective clothing was 840 million US dollars and 330 million US dollars respectively, and the import value of nonwoven fabrics was 470 million US dollars, an increase of 37.07% year on year.

As for the main export markets, due to the epidemic situation in many European countries, China's exports to the EU reached 10.45 billion US dollars from January to may, becoming China's largest export market. Among all kinds of export products, masks and medical protective clothing accounted for 87.32%. China's exports to the United States reached 6.83 billion US dollars, of which masks and medical protective clothing accounted for 80.74%. The export to Germany grew rapidly, mainly due to Germany's greater efforts to prevent and control the epidemic situation, with the export volume reaching 3.13 billion US dollars. The proportion of masks and medical protective clothing exceeded 90%.

4、 Summary and outlook for the whole year

In the first half of 2020, the production, sales, investment, import and export of China's industrial textiles have maintained a high growth rate, reflecting the industry's strong toughness, responsibility and ability to serve all sectors of the national economy. We need to take an objective view of the rapid growth of the industrial textiles industry in the first half of the year, closely track the impact of the epidemic development on the industry, make rational investment, and make preparations for the industry to return to normal development after the end of the epidemic.

At present, China's epidemic situation has been fundamentally improved, the economic and social operation has gradually returned to normal, and the effect of macro policy has been further revealed. In the second half of the year, the domestic market demand for industrial textiles for non anti epidemic materials will be restored; the global epidemic prevention and control situation is still grim, and the overseas market demand for non epidemic prevention materials will continue to decline, but the decline rate will be slowed down. According to the research of the association, the domestic market demand index of the industry in the second half of the year is 62.8, and the overseas market demand index is 48.9. It is expected that the main economic indicators of China's industrial textiles industry will continue to maintain a high growth rate in the second half of the year. The production, sales and export of the industry will tend to balance in the adjustment. The differentiation of economic benefits between the field of anti epidemic materials and that of non anti epidemic materials will be narrowed, and the whole industry will be in a relatively stable development state.

See the textile industry in the future or more optimistic, we textile polyester yarn hope that the second half of the year will be better.