Market Situation And Development Trend Of China'S Textile Machinery Industry In 2019

1. The basic situation of China's textile machinery industry

Textile machinery refers to all kinds of machinery and equipment needed to process natural fibers or chemical fibers into textiles in all aspects of textile technology. Textile machinery is the foundation for the transformation and innovation of China's textile industry. It is also the key to transforming China's textile industry from labor-intensive to technology intensive, and is an important cornerstone for China to develop from a large textile country to a strong textile country.

In the main textile process, the spinning machinery first spun all kinds of natural fibers and chemical fibers into yarn, weaving machinery made the yarn into cloth, then dyeing and printing machinery to dye the fabric, and finally through clothing machinery to make fabrics into clothing.

China is the largest textile and garment producer and exporter in the world, and has a complete industrial chain layout. The textile industry is a pillar industry and an important livelihood industry in China's national economy. At present, China's fiber processing accounts for more than 50% of the world's total, and the scale of textile industry ranks first in the world. The development of the textile industry has led to the development of the textile machinery industry. China's textile machinery industry has a larger scale and has formed a more complete industrial chain layout.

After China's economy has entered the new normal, the textile industry is also in a critical period of transformation of the old and new growth mode. The only way to implement the transformation is to rely on technological innovation to drive development. Textile machinery is the equipment and technology foundation of China's textile industry. Around the needs of structural adjustment of textile industry, the development of high-end textile equipment technology and the improvement of domestic textile equipment manufacturing level are the important foundation and key for China's textile industry to change from strength to strength.

"Green textile" is a prominent theme of the textile industry in the twenty-first Century. Therefore, it has a broad market space for improving the utilization rate of resources and reducing energy consumption. At the same time, the engine transformation of textile and garment industry development momentum, the production and competition mode of production factors in the past is changing into comprehensive competition of scientific and technological strength. In the future, the textile and garment industry will no longer be a labor-intensive industry, but a technology intensive and creative intensive industry with the characteristics of obvious high-tech industry. Therefore, innovative, efficient, environment-friendly, digital and intelligent textile machinery is the main trend of future textile machinery.

Two. Statistical analysis of the scale of China's textile machinery industry

According to statistics of China Textile Machinery Association, in 2018, the total assets of China's textile machinery industry amounted to 101 billion 796 million yuan, up 6.55% over the same period last year. The main business revenue was 91 billion 169 million yuan, an increase of 8.82% over the same period, with a total profit of 6 billion 833 million yuan, an increase of 5.12% over the same period last year. In recent years, the overall scale of China's textile machinery industry has shown an upward trend in terms of sales revenue and gross profit of textile machinery. With the deepening of industrial restructuring, domestic and high-end textile equipment has developed rapidly, and the overall operation of the textile machinery industry has steadily increased.

According to the statistics of China Textile Machinery Association, by the end of 2018, the number of Enterprises above Designated Size in China's textile machinery industry was 658, mainly concentrated in Jiangsu, Zhejiang and Shandong provinces. At present, domestic equipment accounts for about 80% of the market share in the domestic market.

Three, the change trend of industry profit level

Changes in total profits of industry

According to statistics of China Textile Machinery Association, the total profit of textile machinery industry in 2018 reached 6 billion 833 million yuan, up 5.12% over the same period last year. From 2014 to 2018, the total profit volume of textile machinery industry showed an overall upward trend, with the amount basically maintained at around 8 billion yuan, and the fundamentals remained stable.

2, changes in sales margin

In recent years, with the continuous improvement of the technology level of China's textile machinery industry, the overall profit margin of the industry shows an upward trend.

The change of profit level is mainly related to the following reasons. First, in the middle and late 12th Five-Year, the world economy recovered slowly, and the domestic economy changed from high speed growth to a new normal growth rate. The growth rate of China's textile industry slowed down obviously. As the textile machinery industry upstream of the textile industry chain, it inevitably suffered a greater impact. Secondly, the lack of market demand at home and abroad has led to bad competition in the textile machinery industry. The stage structural adjustment of textile machinery industry has restrained the improvement of the profit level of the industry to a certain extent. Finally, since 2016, China's textile machinery industry has been striving to deepen the supply side reform. Along with the boom of the downstream textile industry and the recovery of the textile export market, the order volume and product price are rising, and the profit level of the textile industry has improved.

Four, downstream textile industry boom, textile machinery products demand warmer

The prosperity of textile machinery industry is closely related to the prosperity of downstream textile industry. According to the data, the textile industry has entered a long period of decline since 2013. From the second half of 2016, the industry has shown signs of overall recovery, leading to a rebound in the textile machinery industry. In 2018, the total profit of the textile industry was 276 billion 610 million yuan, an increase of 8% over the same period in 2017, and the growth rate was 1.1% higher than that of the same period last year.

Five, industrial upgrading and consumption upgrading drive automation, intelligent high-end textile machinery market.

The textile industry mainly relies on labor intensive mode and has a high dependence on labor resources. With the continuous improvement of domestic labor costs, China's labor cost advantage has gradually weakened, and business pressure has forced enterprises to eliminate backward production capacity. The introduction of automation and high-speed textile machinery and equipment has become the trend of the times. Taking the spinning industry as an example, the average employment of 10000 spindles dropped from 80 in 2010 to 60 in 2015. According to the textile industry development plan (2016-2020 years), it was required to drop to 20 within 2020.

In recent years, the structure of domestic textile machinery products has been constantly adjusted. The textile machinery equipment that improves the yarn quality and saves labor has become the first choice for the new textile enterprises in China. The rotor spinning machines and rapier looms are outstanding. In 2018, the market sales of the main rotor spinning machines and rapier looms in China increased.

Automation of textile machinery can not only improve the production efficiency of textile enterprises, increase their profit margins, but also improve the level of information and integrated application, so as to achieve the goal of "reducing staff, increasing efficiency, upgrading quality and ensuring safety". At present, the digitalization rate of production equipment in domestic textile enterprises is 36.06%, the networking rate of digital production equipment is 27.74%, the popularization rate of information in production management links is 50.49%, and the proportion of enterprises realizing control and integration is 19.82%. To sum up, the textile machinery industry will continue to move forward on the high reliability, high technology and high value added high-end and intelligent development routes.

Six, global textile industry transfer and structural adjustment bring new opportunities for growth.

The global textile industry has experienced the migration process from Europe, America to Asia and Latin America, and has also experienced the gradual diffusion process from South Korea to China to Southeast Asia, South Asia and Central Asia in Asia. Industrial transfer is bound to be accompanied by capital investment in fixed assets, which is expected to bring additional space for regional textile machinery to increase purchase demand, which provides huge market opportunities for China's textile machinery exports.

China's textile machinery is mainly exported to India, Vietnam, Bangladesh, Indonesia, Turkey and other countries, of which India is the largest market for China's textile machinery exports. In 2018, China exported $2 billion 642 million to textile machinery in the same area, accounting for 72.06% of the total export volume of China's textile machinery, an increase of 2.44% over the same period last year. At the same time, with the increasing resource advantages of Xinjiang and the improvement of the investment environment, especially the implementation of the multiple policies to promote the textile and garment industry to promote employment, the eastern region's textile production capacity is expected to accelerate to the Midwest.

Seven. Analysis of import and export of textile machinery industry

General situation of import and export of textile machinery industry

According to customs statistics, the total import and export volume of China's textile machinery in 2018 was 7 billion 387 million US dollars, up 6.78% over the same period last year. Among them: export of textile machinery was US $3 billion 666 million, an increase of 7.20% over the same period, and imports of US $3 billion 721 million, an increase of 6.36% over the same period last year. From 2014 to 2018, China's textile machinery exports showed a "steady and steady" trend, and the import volume showed a general downward trend.

2. Export of textile machinery in different countries

In 2018, our country exported 3 billion 666 million textile machinery products to 188 countries and regions, an increase of 7.20% compared with the same period last year. The top five exporting countries were India, Vietnam, Bangladesh, Indonesia and Turkey.

India is the main exporter of China's textile machinery. China's export volume to India textile machinery always occupies the first place. In recent years, India has repeatedly filed anti-dumping investigations on Chinese imports, but the products such as rapier looms and rotor spinning machines are not products prohibited or restricted by India. India has not yet initiated anti-dumping measures against such products. In 2018, China's textile machinery exports to India amounted to US $618 million, accounting for 16.87% of the total export volume of textile machinery, ranking first in China's textile machinery exports.

India is the second largest cotton producing country in the world, and the textile industry ranks second in the world. It is one of the important industrial sectors in India. Apart from spinning equipment, India's local textile machinery manufacturing industry still has not enough capacity to meet local demand. In recent years, Gujarat, Maharashtra and Rajasthan in India have issued preferential policies for the textile industry to vigorously encourage the development of the textile industry. The contents include giving loan interest subsidies according to the amount of factory investment, providing capital grants to state tax and value-added tax reduction or exemption, or the corresponding tax refund. A number of policies are aimed at improving the production technology, infrastructure level and product development level of India's textile enterprises. This brings new opportunities for the export of new textile machinery and equipment, such as rotor spinning machines and rapier looms.

3, China's textile machinery export sub products

In 2018, China's textile machinery exports amounted to 3 billion 666 million US dollars, of which the export volume of knitting machinery was US $956 million, accounting for 26.08%, ranking first, followed by printing and finishing machinery, auxiliary equipment and spare parts, spinning machinery, weaving machinery, chemical fiber machinery and nonwoven machinery, of which spinning machinery, weaving machinery and printing and dyeing and finishing machinery accounted for 14.45%, 10.49% and 18.90% respectively, representing 27.24%, 6.46% and 4.20% growth respectively over the previous year.

4, the high-end textile machinery parts manufacturing level is limited, still rely heavily on imports.

There is a certain gap between the overall level of China's textile machinery manufacturing and the world's leading level. The lack of technical level and stability of high-end textile machinery parts manufacturing has become a bottleneck restricting the development of China's high-end textile machinery industry. Textile machinery tends to be high speed, high yield and automation. Most of China's textile machinery accessories occupy the middle end or low end market, and the high-end market is dominated by foreign enterprises. In recent years, imports of textile machinery and accessories have increased year by year. In 2018, the import of auxiliary devices and spare parts ranked first in total imports, with an import volume of US $899 million, an increase of 7.73% over the same period in 2017, accounting for 24.15% of all textile machinery imports.

The above data and analysis are from the analysis report on production and marketing demand and investment forecast of China's textile machinery manufacturing industry released by the prospective industry research institute.