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Report On The Development Of China'S Industrial Textiles Industry In 2020

2021/4/19 14:48:00 0

Industrial TextilesDevelopment ReportEconomic Operation

Economic operation of industrial textiles industry in 2020

2020 is an extraordinary year for China's industrial textiles industry. In the face of the new coronal pneumonia epidemic sweeping the world, the industry will spare no effort to ensure the production of epidemic prevention materials and related raw and auxiliary materials, and actively explore the domestic and foreign markets. This not only makes an important contribution to the global epidemic prevention and control, but also develops rapidly, giving full play to the role of the growth pole of the textile industry Use.

According to the data of the National Bureau of statistics, in 2020, the industrial added value of Enterprises above Designated Size in China's industrial textiles industry will increase by 54.1% year-on-year (as shown in the figure). According to the survey of 330 sample enterprises by China Industrial Textiles Industry Association (hereinafter referred to as "the association"), the prosperity index of the industry in 2020 is 80.4, higher than the level in the same period of last year, and it is in a high boom range.

1、 Strong growth in production

During the 13th Five Year Plan period, China's industrial textiles industry has become the world's largest producer of industrial textiles by adhering to the concept of high-quality development and accelerating the adjustment and upgrading of industrial structure. After the outbreak of the epidemic, the industry has formed the production and supply capacity of emergency prevention and control materials such as masks and protective clothing in a short time, which provides a strong guarantee for the life and health safety of the front-line medical staff and the masses. According to the research of the association, in 2020, the total fiber processing volume of China's industrial textiles industry will reach 19.155 million tons, with a year-on-year increase of 18.2% (see Table 1), and the average annual growth rate during the 13th Five Year Plan period is 7.2%; as the main raw material of industrial textiles, the output of Nonwovens in China is 8.788 million tons, with a year-on-year increase of 35.9%, and the average growth rate during the 13th Five Year Plan period is 13.2%.

2、 Good economic benefits

According to the data of the National Bureau of statistics, in 2020, the operating revenue of Enterprises above Designated Size (not full caliber) in the industrial textiles industry will reach 319.84 billion yuan, with a year-on-year increase of 32.6%, and the total profit will be 36.53 billion yuan, with a substantial increase of 203.2%. The average profit margin of the industry was 11.4%, with a year-on-year increase of 6.4 percentage points.

In terms of sectors, in 2020, the operating revenue of China's non-woven Enterprises above Designated Size will be 175.28 billion yuan, with a year-on-year increase of 54.0%, the total profit of 24.52 billion yuan, with a year-on-year increase of 328.1%, and the gross profit margin and profit margin are 23.8% and 14.0%, respectively, with a year-on-year increase of 9.0% The total income and total profit of the industry reached 73.01 billion yuan and 9.0 billion yuan respectively, with a year-on-year increase of 35.4% and 175.1%. The gross profit margin and profit margin reached 23.0% and 12.3% respectively, which was second only to nonwovens in the industry.

The operating income of the enterprises above the scale of rope, cable and cable with low relevance to epidemic prevention materials was 14.4 billion yuan, increased by 6.9% year on year, and the total profit was 480 million yuan, down 3.3% year on year. The gross profit margin was 13.7%, with a year-on-year increase of 1.2 percentage points, a profit rate of 3.3%, a year-on-year decrease of 0.4%. The business income and total profit of Enterprises above awning and canvas scale reached 256 The gross profit margin and profit margin increased slightly by 1.2 and 0.6 percentage points respectively, and the profitability of the industry continued to improve. The operating income and total profit of Enterprises above the scale of textile belt and cord fabric were 31.51 billion yuan and 1.06 billion yuan, respectively, down 11.8% and 18.2% year-on-year, but benefited from the recovery of downstream market and overseas textiles Trade orders gradually returned, and enterprise benefits continued to recover. The gross profit margin was 12.8%, increased by 0.7 percentage points year-on-year, and the profit margin was 3.4%, with a year-on-year decrease of 0.3 percentage points (see Table 2).

Affected by the epidemic situation, the business differentiation among enterprises in the industry will continue to expand in 2020. 325 Enterprises above the designated scale in the industrial textiles industry will suffer losses, accounting for 13.5% of the total. The loss amount of the loss making enterprises will increase by 10.8% year on year.

The economic benefit of large enterprises is obviously better than that of small and medium-sized enterprises. According to the statistics of the association, the operating income and total profit of all sample enterprises increased by 40.7% and 201.2% respectively year on year, and the profit margin was 18.6%. The year-on-year growth rates of business income and total profit of enterprises with operating income of more than 500 million yuan reached 61.4% and 330.9% respectively, with a profit margin of 21.4%; for enterprises with operating income of 100 million yuan to 500 million yuan, their operating income and total profit increased by 20.2% and 86.1% respectively, and the profit margin dropped to 14.2%; while for enterprises with operating income less than 50 million yuan, their operating income decreased by 4.9%, The year-on-year growth rate of total profit was only 2.2%, and the profit margin dropped to 5.7%. These enterprises mainly come from various industrial clusters.

3. The investment fever has risen sharply

At the beginning of 2020, due to the outbreak of new crown pneumonia, the supply of nonwovens used for the production of epidemic prevention materials is in short supply and the price is rising. A large number of social capital has been attracted to pour into the industrial textile industry. The investment is mainly concentrated in melt blown, spunbonded, spunlaced nonwovens, masks and other fields. A number of industry backbone enterprises have also announced capacity expansion plans.

According to the association's statistics on sample enterprises, the fixed assets investment of China's nonwovens industry enterprises will increase by 210% year-on-year in 2020. According to incomplete statistics, in 2020, China will add 510 spunbonded nonwovens production lines, more than 2000 melt blown nonwovens production lines, 160 spunlaced nonwovens production lines and 170 needle punched nonwovens production lines, with a total new production capacity of more than 3 million tons. In 2020, the new production capacity of meltblown nonwovens in the industry is relatively simple, and the technical level is not high. After the price of meltblown nonwovens falls, a large number of production capacity has been withdrawn. The backbone enterprises of the industry have rich market experience, have a deep understanding of equipment and industry, and pay attention to technological innovation and product differentiation in investment.

The substantial investment in the industry in 2020, on the one hand, is due to the optimistic development prospects of the industry and the layout in advance; on the other hand, after the financial situation has improved significantly, enterprises have the financial resources to improve the production conditions and product structure.

4. Both import and export increased, and the export of epidemic prevention materials increased greatly

(1) export situation

According to the data of China Customs, in 2020, China's export value of various types of industrial textiles (non full caliber) is 89.6 billion US dollars, with a year-on-year increase of 197.9%.

In terms of major products, masks are the largest export products in the industry, with an export value of about 52 billion US dollars, and the export value of non-woven protective clothing is about 11 billion US dollars. By the end of 2020, China has exported 224.2 billion masks to the world, including 65 billion medical masks; 2.31 billion pieces of protective clothing, including 773 million pieces of medical protective clothing; and 1.01 billion US dollars of medical cotton, gauze, bandage and other products, with a year-on-year increase of 19.7%.

As the main raw material of epidemic prevention materials, the export volume of nonwovens reached 1.389 million tons, with a year-on-year increase of 32.2%, and the value of US $5.05 billion, with a year-on-year increase of 62.5%; the export of nonwovens related products also maintained a certain growth rate, with the export of disposable sanitary products of $2.27 billion, a year-on-year increase of 8.6%, and the export of wipes was $1.27 billion, with a year-on-year increase of 12.1%. The export volume of cord (cable) textile was US $2.06 billion, up 7.3% year-on-year. The export volume of felt cloth and tent was 1.39 billion US dollars, which was basically the same as that of the previous year. Affected by the epidemic situation, overseas orders of industrial coated fabrics and leather base cloth products shrank, and the export volume decreased by 16.4% and 19.0% respectively (see Table 3).

In 2020, the prices of the main export products of the industry will increase in varying degrees. Driven by market demand, the average export prices of masks and nonwoven protective clothing will increase by 382.3% and 410.9% respectively year-on-year.

(2) import

In recent years, with the continuous breakthrough of technical innovation of industrial textiles in China, the demand for imported industrial textiles in China is decreasing year by year, but the outbreak of the epidemic broke this rule. At the beginning of 2020, due to the large gap in the production capacity of medical masks and protective clothing, China began to purchase a large number of anti epidemic materials such as masks and protective clothing from overseas markets to meet the domestic demand for epidemic prevention. According to incomplete statistics, in 2020, the value of China's imported industrial textiles will be 6.01 billion US dollars, an increase of 24.3% year on year.

Among the main imported products, the import demand of masks was the largest, with an import value of about 1.2 billion US dollars, of which the import volume in the first four months accounted for more than 70% of the total import volume, the import volume of nonwoven fabrics and non-woven protective clothing were 1.12 billion US dollars and 360 million US dollars respectively, and the import volume of structural strengthening textiles reached 660 million US dollars, with a year-on-year increase of 7.2% Import demand declined by 24.4% (see Table 4).

Prospect and forecast of industry development in 2021

2021 is the first year to implement the "14th five year plan". China will start a new journey of building a socialist modern country in an all-round way and march towards the second centenary goal. China's industrial textiles industry will also usher in an important period of marching to the forefront of the world.

At present, the industrial textiles industry has entered the opportunity period and window period of rapid development and industrial upgrading, and the future development space is huge. At the same time, the industry also faces the pressure of adjustment and stable development after rapid growth. With the advent of the post epidemic era, industrial enterprises should make timely preparations, strengthen technical innovation and professional personnel training, vigorously promote the upgrading of intelligent manufacturing and green manufacturing, make up for the shortcomings of the industry, promote the upgrading of industrial formats, and enhance the independent and controllable ability of the supply chain.

It is predicted that in 2021, the growth rate of production and sales of China's industrial textiles industry will significantly slow down. With the recent easing of global epidemic situation, the demand for epidemic prevention materials will further decline, and the demand for non epidemic prevention materials will gradually recover. Investment in fixed assets, especially in capacity expansion, will be more cautious, but investment in intelligent transformation and green production will continue to grow.

Related notes:

According to the actual production situation of China's spunlaced nonwovens industry, the association revised the output of China's spunlaced nonwovens to 950000 tons in 2019, and adjusted the output of China's nonwovens to 6.469 million tons in 2019, so as to obtain a year-on-year growth rate of 35.9% in 2020.

(2) the import and export data of masks and nonwoven protective clothing are estimated according to the customs tariff number "63079000" and "62101030".


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