The Main Indicators Of The Textile Industry Collective Decline, The Annual Slowdown Is Difficult To Reverse.

In the month of 1~8 this year, the United States imported from China.

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It accounts for 40% of its total imports. This share is much higher than that of Vietnam and India, which are ranked second, third. The market share of the latter two is only 7% and 5% respectively.

China's textile and clothing exports also account for more than 36% and 70% of the EU and Japan import markets.

This shows that the industrial advantage of "made in China" is still in existence.

This year, as the financial crisis and the European debt crisis continue to ferment, the economic recovery in Europe and the United States is weak, the growth of the emerging economies is slowing down, and the pace of domestic economic growth slows down, and the growth rate of major economic indicators such as production, investment, export and efficiency in China's textile industry has slowed down.

In the "internal worries and external difficulties", high inventory, high cotton prices and high labor costs have become the hot words of this year's textile industry.

Reporters interviewed learned that although the annual slowdown in textile industry trend may be difficult to reverse, but the decline in some major parameters narrowed by quarter, the current industry has begun to show signs of stabilization.

A production is slowing down, investment growth slows down

According to the statistics of the National Bureau of statistics, in the 1~8 month of this year, 37 thousand Textile Enterprises above Designated Size reached 3 trillion and 639 billion 430 million yuan in total industrial output value, an increase of 10.8% over the same period last year, and the growth rate dropped by 18.6 percentage points over the same period last year, down 3.9 and 0.5 percentage points respectively compared with the one or two quarter of this year.

Over the same period, the added value of the textile industry increased by 12.8% over the same period last year, an increase of 4.5 percentage points over the same period last year, down 2.3 and 0.2 percentage points respectively over the one or two quarter of this year.

Except for yarn, the output increase of major categories of products dropped to varying degrees.

In the first eight months of this year, the output of chemical fiber, cloth, printing and dyeing cloth and clothing increased by 11.9%, 10.3%, 1.3% and 7.4%, respectively, down 4.4, 3.4, 9.4 and 3 percentage points from the same period last year.

Yarn production increased by 13.5% over the same period last year, up 2 percentage points from the same period last year, representing an increase of 0.4 and 0.3 percentage points respectively over the one or two quarter of this year.

According to the tracking survey of China Cotton Textile Industry Association, the cotton yarn production of 124 key enterprises in the whole country decreased by 2% over the same period of 1~8 this year, and the output of cloth decreased by 1.3%.

The survey results of China Chemical Fiber Industry Association show that since September, the price of polyester products has been decreasing because of downstream demand, and the finished product inventory has increased from 7 days in August to 15 days in August, and the stock pressure has increased significantly.

Affected by the slowdown in textile economic growth, investment confidence has declined, investment growth has slowed down and new construction projects have been reduced.

According to the data of the National Bureau of statistics, the total investment in fixed assets of the textile industry totaled more than 5 million yuan in 1~8 months this year, 483 billion 589 million yuan, an increase of 16.21% over the same period last year, a decrease of 19.55 percentage points from the same period last year, a decrease of 0.79 percentage points compared with the first quarter of this year, a 1 percentage point increase over the two quarter, and 9145 new projects, a decrease of 6.99% percentage points compared with the same period last year, a decrease of 5.71 percentage points over the same period last year, a decrease of 0.34 percentage points compared with the first quarter of this year, and an increase of about 1% over the previous quarter.

Although the whole industry investment growth slowed down, the new investment in the central and western regions still maintained a relatively fast growth trend.

In the first eight months, the investment volume of the textile industry in the central region increased by 19.55% compared to the same period last year. The proportion of investment in the whole country reached 31.94%, an increase of 0.79 percentage points from the same period last year, and the textile investment in the western region increased by 18.22% over the same period last year, accounting for 8.04% of the total textile investment in the whole country, representing a 0.14 percentage point increase over the same period last year.

B exports are slowing down from negative to positive domestic growth.

As of the third quarter, China's textile and clothing exports have finally reversed the negative trend of negative growth before and achieved negative results.

According to the latest statistics of the national customs administration, in the 1~9 month of this year, China exported 187 billion 114 million US dollars of textile and clothing, an increase of 0.54% over the same period last year. The growth rate was 1.24 percentage points higher than that of -0.7% in 1~8 months, reversing the decline in the previous two months.

Among them, the export of textiles was US $71 billion 53 million, an increase of 0.2% over the previous year, 0.9 percentage points faster than that in 1~8 months, and the export of garments and accessories reached US $116 billion 61 million, an increase of 0.7% over the same period last year, which accelerated by 1.4 percentage points compared with that in 1~8 months.

From the link data, September textile and clothing exports 25 billion 126 million US dollars, an increase of 526 million US dollars over August, an increase of 2.14%. After August, we hit a new high of export this year.

Among them, exports of textiles amounted to 8 billion 541 million US dollars, an increase of 6.21% over the same period, and exports of garments and accessories reached US $16 billion 584 million, an increase of 0.16% over the same period.

Many textile products

Enterprises said that the current export rebound mainly benefited from the increase in demand for enterprises to replenishment of stocks, but with the end of this inventory, the pressure on textile and clothing exports in the future is still greater.

The industry generally believes that the decline in external demand, resulting in insufficient enterprise orders is an important reason for the shrinkage of China's textile and clothing exports.

Around the world, the growth rate of textile and clothing demand in the United States, Japan and the EU is declining.

According to relevant statistics, in the first half of this year, the total volume of textiles and clothing imported from the EU dropped by 6.9% over the same period last year, and the total import volume of textiles and clothing in the United States approached zero growth. The import volume of Japanese textile and clothing increased by only 2.2% over the same period last year, down 10.8 percentage points from the same period last year.

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In addition, the scissors gap of cotton prices at home and abroad is also the main reason for reducing the competitiveness of textile industry, especially cotton textile industry, and reducing the profit margins of textile enterprises.

It has been revealed that the difference between domestic and foreign cotton prices has exceeded 5000 yuan / ton. Such a huge gap is difficult for the textile enterprises to digest completely.

The external demand market is still in the doldrums, and the domestic market is hard to see the hot scene before.

Affected by the slowdown in domestic macro-economic growth and the impact of rising raw material prices on the prices of textile and clothing products, China's textile and clothing consumption growth slowed down.

This year 1~8 month, the national clothing above the limit

Retail sales of cap and needle textiles increased by 17.5% over the same period last year, down 6.5 percentage points from the same period last year, and the actual growth rate was 13.63%, after deducting price factors, which was 6.87 percentage points lower than that of the same period last year.

Over the same period, the domestic sales value of textile enterprises above designated size was 2 trillion and 980 billion 711 million yuan, an increase of 12.38% over the same period last year, a decrease of 20.14 percentage points from the same period last year, a decrease of 3.9 percentage points compared with the first quarter of this year.

C net profit losses doubled

Due to the increasing gap between domestic and foreign cotton prices and the continuous increase of production costs and other unfavorable factors, the pressure on the textile industry increased sharply compared with the same period last year.

In the 1~7 months of this year, the total profits of textile enterprises above Designated Size amounted to 135 billion 800 million yuan, down 1.08% from the same period last year, the growth rate was 47.93 percentage points lower than that of the same period last year, and the sales profit margin was 4.45%, down 1.16 percentage points compared with the same period last year.

The loss of textile enterprises was 17.68%, and the deficit of loss making enterprises increased by 110% over the same period last year.

It is worth noting that this year, the textile industry production efficiency continues to improve, 1~7 months above the scale of labor productivity increased by 13.18% over the same period, to provide a strong support for resolving various risks.

Judging from the sub sectors, cotton textile and chemical fiber industry are most affected by the fluctuation of raw material prices, and profit presents a negative growth trend, especially chemical fiber.

Related statistics show that 1~7 month chemical fiber industry profits fell 52.54% compared to the same period, 1~8 month 124 key cotton spinning enterprises profit fell 30%.

The results of the profit survey conducted by China Textile Federation for 500 textile and garment enterprises also show that 51.7% of enterprises feel that profits have declined. Only 4% of enterprises believe that profits have risen.

In addition to the lack of external demand, the continuous high labor costs and financing costs are undoubtedly the main factors that compress the profit margins of China's textile enterprises.

According to statistics, the per capita wages of textile industry increased by about 15% in the first half of this year.

At the same time, the financing difficulty of textile enterprises has not been solved thoroughly, and the cost of financing remains high.

1~7 months, interest expenses for textile enterprises above designated size increased by 28.5% over the same period last year, higher than that of the main business revenue growth of 19.1 percentage points during the same period.

D clothing industry "high inventory" coping

The external demand market is depressed, and the domestic market growth is slowing down. Under the condition that domestic and foreign sales channels are not smooth, garment enterprises have encountered a "high inventory" problem similar to that of iron and steel enterprises.

In June this year, the IPO application of Hai Lan home, a well-known clothing retail enterprise, was rejected by the SFC, and the industry was in an uproar.

It has been revealed that excessive inventory and low inventory turnover are the main reasons for the rejection of Hai Lan's home.

Data show that as of August 29th, China Textile and apparel listed companies showed that the total inventory of 80 textile and garment enterprises in the first half of the year amounted to 67 billion 100 million yuan.

Among them, YOUNGOR, Hong Kong stock, inter China group and United States

Semir and apparel, including 11 enterprises, stock exceeds 1 billion yuan.

As early as the first half of this year, many garment enterprises have already felt the enormous pressure of high inventory.

Data show that 35 domestic apparel textile companies listed in the half year's inventory amounted to more than 46 billion 400 million yuan, an increase of 3 billion 700 million yuan over the same period last year.

Moreover, the backlog of inventory of the 35 listed companies also exceeded 14 billion 100 million yuan, an increase of 5 billion 720 million yuan over the same period last year, up 40% from the same period last year.

The reporter understands, compared with the normal level in previous years, this year's clothing enterprises inventory pressure generally several times higher.

The person in charge of the garment enterprise even ridiculed that his hard work for half a year changed to a mountain of fixed product.

In the first textile net editor Wang Qian, high stock mainly affects the capital turnover of the enterprise, the higher the stock, the more capital deposit, the more difficult the capital turnover of the enterprise, and the difficulty of capital turnover will affect the normal production and operation activities of the enterprise.

According to statistics, in the third quarter of this year, China's apparel industry accounted for more than 65 billion 500 million yuan of finished product capital, an increase of 15.7% compared with the same period last year, while the two quarter accounted for 17.3% year-on-year capital expenditure for finished products.

E annual deceleration momentum is difficult to change

China Textile Federation predicts that although the main economic indicators of the textile industry have shown signs of narrowing and narrowing, the trend of textile economic growth is unlikely to be reversed during the year because of the pressure from both inside and outside and various uncertainties.

On the export side, the European debt crisis continues to deteriorate, and there is still a high risk in the recovery of the international market.

The latest forecast of the International Monetary Fund in October will further reduce the world economic growth by 0.2 percentage points to 3.3%, indicating that the global economic recovery prospects are not optimistic.

From the whole year, the collective downturn in the international market has made China's textile and garment exports lack the momentum to stabilize and improve, and the export situation is still very grim.

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With regard to the domestic market, with the gradual easing of domestic monetary policy easing and price reduction in the second half of the year, the growth of consumption demand for textile and clothing is expected to gradually increase, and its pulling effect on the textile industry will also be enhanced in the first half of the year.

However, considering that there are still many unfavorable factors affecting the smooth operation of our economy, it is expected that the domestic macro-economic growth will slow down compared with that of last year, and the market confidence will not be significantly improved. The overall growth rate of domestic textile and clothing will also be significantly lower than that of last year.

Combined with various favorable and unfavorable factors, China Textile Federation predicts that the main production and marketing indicators of the textile industry will continue to grow in support of the domestic demand market, but in the case of the international market demand is hard to improve obviously, the domestic production costs continue to rise and the market competition is increasingly fierce, the pressure of textile exports is still outstanding, which will further drive the production and sales growth of the industry to fall further.

However, with the growth of domestic demand and the decline in the number of statistics in the same period last year, it is expected that the rate of decline in the whole industry's production and marketing growth will be further reduced.

The industry advantage of "made in China" is still in the report.

Although faced with many difficulties and challenges, the "doomsday" has not yet arrived. As a consuming industry, the overall trend of demand growth will not change, and its future development potential can still be expected.

Xia Lingmin, vice president of China Textile Industry Federation, said that with the rising cost of production factors, although some orders for textile and clothing will be pferred to some neighboring countries, such pfer is not large-scale and not completely pferred. In fact, the industrial superiority of China's textile industry is still obvious.

For example, in 2011, China's fiber processing volume exceeded 43 million tons, which is more than half of the total fiber processing in the world. China's textile and clothing exports amounted to US $254 billion 100 million, accounting for more than 36% of global garment exports.

In addition, the perfect industrial chain and high-quality workforce are also important weapons for China's textile industry to take the lead in the fierce international competition.

It is worth mentioning that although the export scale has decreased slightly this year, the market dominance of China's textiles and clothing in major importing countries and regions has not changed.

For example, in the 1~8 months of this year, the textile and clothing imported from the United States accounted for 40% of the total value of its imports. This share was much higher than that of Vietnam and India, which ranked second, third, and the market share of the latter two was only 7% and 5% respectively.

Not only in the United States, China's textile and clothing exports also account for more than 36% and 70% of the EU and Japan import markets.

For the vast majority of textiles

In addition, expanding product coverage, strengthening brand marketing and increasing technological pformation can serve as an important choice for future development strategies.

Taking cotton spinning enterprises as an example, in order to deal with the same price of roller coaster, besides developing new products and increasing the added value of products, it is also a good choice to readjust the product structure and reduce the use of cotton.