Asia Remains The Focus Of The Global Textile Machinery Market

The Asian textile industry has provided a large number of inexpensive textiles and clothing for the European and American regions, and the Asian region has become the largest sales market for textile machinery in Europe and the United States.

The global financial crisis which broke out in 2008 brought great impact on the textile industry in Asia, and made the global textile machinery market in a low ebb.

Despite the sharp decline in the international market of textile machinery exports, the Asian market is still very important, and the vast majority of shipments of the international textile machinery industry are flowing to the Asian region.

Starting from the second half of 2009, textile machinery demand began to pick up as Asian textile industry began to recover.

In 2009, the top five countries and regions imported from textile machinery were still concentrated in Asia, accounting for 56.62% of the total imports of textile machinery worldwide.

Although the investment growth of textile machinery in Asia has slowed down compared with the peak period of global textile machinery investment, the textile manufacturers in the region continue to carry out technological pformation and equipment renewal to enhance their competitiveness, and still make the global textile machinery manufacturing enterprises full of expectations for this huge market.

Asia is still the engine of market recovery.

In 2008, sales of textile machinery dropped sharply, but the investment in textile machinery in the Asian market continued.

According to the data released by the International Federation of textile manufacturers, the total amount of short fiber equipment delivered in the world in 2008 was about 8 million 640 thousand ingots, and the Asian region digested 96% of its total output of about 8 million 310 thousand spindles; the global air spinning sales nearly 195650; Asia used 73% of them; the chemical fiber filament texturing machine sold 5230 spindles and 90% sold to Asia; the chemical fiber polyester filament double heat texturing machine sold about 163000 spindles; the Asian market accounted for 74%; the shuttleless loom production was about 44800; the 90% was sold to Asia; the round knitted equipment was sold out, the electronic flat knitting machine was sold to Taiwan, and about 30 were sold to Asia.

Since the second half of 2009, textile industry in Asia has been showing signs of recovery, and textile machinery demand is beginning to pick up.

In the first quarter of this year, this trend of recovery is more obvious.

Data from Germany, a textile machinery producer, showed that orders for German textile machinery increased by 130% in the first quarter of this year. The German Textile Machinery Association (VDMA) predicted that sales of German textile machinery will increase by 30% to 35% over the year in 2009.

In 2008 and 2009, German textile machinery enterprises suffered a significant decline in production and export.

Orders began to increase significantly in the fourth quarter of 2009, and exports rose to 555 million euros in the fourth quarter.

In January and February of 2010, the export volume of German textile machinery had reached 533 million euros.

According to statistics, in 2009, 55% of the export of German textile machinery was exported to Asia for 1 billion 800 million euros.

Only two largest markets - China and India import German textile machinery and spare parts to 628 million euros and 161 million euros respectively.

In January 2010 and February, the textile machinery exported to China reached 83 million euros, an increase of 37% over the same period last year.

In addition to the Chinese market, other Asian markets are also showing signs of activity: Iran imports German textile machinery and its components 6 million 800 thousand euros, an increase of 50%; Thailand imports 4 million 100 thousand euros, an increase of 42%; Vietnam imports 1 million 700 thousand euros, an increase of 35%; Bangladesh imports 2 million 700 thousand euros, an increase of 8%.

The above data clearly show that the Asian market plays an important role in the global machinery manufacturers.

In 2009, imports of textile machinery in Asia accounted for half of the world's total imports, reaching 56.62%.

China and India, the two largest markets in Asia, account for 32% of the world's total imports. Among them, China is the largest market of textile machinery consumption potential in the world.

In 2008, due to the impact of the financial crisis, the investment in China's textile industry slowed down, and the sales of textile machinery equipment were also affected. The import equipment fell by 21% compared with the same period last year. Nevertheless, the total import of textile machinery equipment still amounted to US $3 billion 830 million.

In the 1~4 month of this year, the import of textile machinery equipment increased significantly, up 80% compared to the same period last year, reaching 1 billion 149 million US dollars.

It is foreseeable that China's textile machinery market will continue to grow in the future.

Demand level upgrading pformation and upgrading on the road

It is worth noting that after the impact of the global financial crisis, there are some changes in demand for textile machinery in the Asian market.

Its main feature is to further enhance the demand level of equipment, and to increase the demand for high efficiency, high quality, high automation and energy-saving equipment.

After a period of rapid development, China's textile industry has been committed to the adjustment and upgrading of the industrial structure in recent years, and the momentum of the expansion of production scale has gradually slowed down, and the demand for renovation and upgrading has increased significantly.

The huge impact of the global financial crisis has made this adjustment and upgrading more urgent.

The rising labor costs in China also force enterprises to increase labour productivity and reduce employment through new technologies and equipment.

Despite the impact of the financial crisis, in 2009, the total investment in China's cotton textile industry continued to grow. The advanced equipment ownership rate of the industry continued to increase. At present, all kinds of compact spinning have reached 4 million 430 thousand spindles, and the blowing carding units have reached about 5000000 spindles. The automatic doffing long cars, blowing carding units, automatic winding machines and shuttleless looms have increased to varying degrees.

Since 2010, with the gradual recovery of the industry and the sharp rise in investment, imports of automatic winding machines and shuttleless looms have increased rapidly.

In the 1~3 month of this year, 767 imported automatic winding machines increased by 263.5%, 27 imported rotor spinning machines, an increase of 263.5% over the same period last year, 1849 imported air-jet spinning machines, an increase of 248.87% over the same period last year, and 3635 imported shuttleless looms, an increase of 318.78% over the same period.

Despite the impact of the financial crisis last year, the import equipment decreased and the base number was low. This year's economic rebound and growth proportion increased, but these data indicate that the demand for high-end equipment in China's cotton textile enterprises is growing.

India is the second largest textile machine market after China.

With the advantages of cotton and labor resources, India has entered the fast lane of textile industry since 2004. By the end of 2007, India's spinning capacity reached 37 million 500 thousand spindles and 1 million 930 thousand looms.

In 2008, influenced by the financial crisis and the high inflation rate in China, India's textile industry began to enter the winter.

However, with its rapid growth in domestic demand, with the improvement of the world economic situation, India textile industry will be able to look forward to the development of the fast lane.

According to India's vision for the textile industry, by 2012, its textile output will reach US $110 billion, and the textile industry will also expand its capacity.

In the past few years, the investment of India textile machinery equipment was mainly focused on spinning equipment, and other equipment development was relatively slow. If we want to form a complete and perfect industrial chain, there will be considerable room for development of knitted, dyeing and other equipment.

Pakistan is also one of the world's leading textile producers and exporters, and its spinning capacity is third in Asia.

But in recent years, due to various unfavorable factors at home and abroad, it has been losing ground in international competition.

In order to revive the textile industry, the Palestinian government promulgated the first "five year textile industry policy" in August 2009, established the development plan and objectives for the next 5 years, and formulated corresponding policies and measures.

These include attracting domestic and foreign investors to invest in textile and textile machinery, dyestuff, chemical fiber and other supporting industries, encouraging technology and equipment upgrading, and speeding up industrial upgrading.

The government set up the textile industry investment support fund to provide financing convenience for enterprises to update equipment, or provide a certain amount of investment subsidies, and set up a technological pformation fund.

To encourage investment and equipment renewal, the federal tax office of Pakistan has exempted import tariffs on a wide variety of textile machinery.

I believe that with the support of a series of policies, Pakistan textile machinery and equipment investment will increase.

In recent years, Vietnam's textile industry has developed rapidly.

In 2010, with the sales of cotton yarn obviously improved, Vietnamese textile enterprises began to increase their enthusiasm for investment.

According to professionals, Vietnamese spindles will increase by 400 thousand to 500 thousand spindles per year in the next 5 years.

Although Vietnam's labor costs are relatively low, the Vietnamese textile industry has also seen "labor shortage" in the recent stage, and the equipment such as spinning machines with high efficiency and less labor has been gradually becoming the main choice.

Since the beginning of this year, the Asian textile industry has seen a full recovery. However, professional analysts believe that the textile industry in Asia is mostly export-oriented and basically faces the European and American markets, and the economic recovery in the United States and the European Union is slow. In recent years, the sovereign debt crisis of some European countries is becoming more and more intense, which makes many uncertain factors in the future global textile market, and the foundation for recovery is not stable.

However, from the perspective of the global textile industry, Asia is still the most dynamic region of the global textile industry, no matter how volatile the market is, and it is still the focus of the global textile machinery market.