Gross Profit And Investment Increase In 1-5 Month Textile Industry

1~5 months, China

The increase in industry pressure is mainly reflected in the slow growth of main business revenue, the high cost growth, and the decline in import and export.

But the industry's accumulated profits, investments and linen

Clothing exports increased slightly.

It is expected that the linen textile industry will continue to slow down in the second half of 2016. Enterprises should practice more "internal strength", adhere to innovation driven, and focus on the "13th Five-Year development guidance" of the Ma textile industry, and attach importance to increasing varieties, improving quality and strengthening.

The construction of the "three goods project" should focus on the market, adjust the structure and promote upgrading.

The growth of main business cost is higher than that of textile industry.

According to the National Bureau of statistics, the total revenue of 277 major textile enterprises above Designated Size reached 21 billion 994 million yuan in 1~5 months, an increase of 7.92% over the same period of 20 billion 379 million yuan in the same period last year, while the growth rate was below 10% for two consecutive years. The cumulative cost of main business was 19 billion 523 million yuan, up 8.75% from the same period last year, which is much higher than that of the textile industry.

Despite this unfavorable environment, the Ma textile industry has managed to consolidate exports and expand the domestic demand market by optimizing management. The total realized profit has reached 1 billion 112 million yuan, representing an increase of 4.70% over the same period last year of 1 billion 63 million yuan.

Investment growth

According to the statistics of National Bureau of statistics, the textile enterprises above Designated Size completed investment of 1~5 yuan in the month of 218 billion 470 million, up 13.19% from the same period last year. Among them, the textile enterprises above Designated Size completed a total investment of 4 billion 758 million yuan, an increase of 13.84% over the same period last year. The investment direction mainly focused on the pre processing and spinning industry of hemp and the weaving processing industry. The actual investment was 1 billion 914 million yuan and 2 billion 447 million yuan, respectively, up 25.27% and 14.89% respectively.

The growth of investment in the pre spinning and weaving industry will have a positive impact on the technical bottlenecks of the textile industry.

Import and export decline

According to customs statistics, the total import and export volume of the national textile industry (excluding hemp clothing and garments) in the 1~5 months amounted to US $904 million, down 31.53% from the same period last year's US $1 billion 189 million.

(1) negative growth in imports

According to customs statistics, the total import volume of the national textile industry in the 1~5 months was 355 million US dollars, a decrease of 8.27% compared with the same period last year's 387 million US dollars, showing a negative growth.

In 1~5 months, the total import amount of raw materials for Ma was 284 million US dollars, down 7.61% from the same period last year, and the total import volume was 346 thousand and 800 tons, up 7.85% over the same period last year. The total import value of the yarn was 42 million US dollars, down 14.95% compared to the same period last year, and the total import volume was 39 thousand and 700 tons, a decrease of 29.40% over the same period last year. The total import volume of the hemp fabric was 23 million US dollars, up by 3.42% last year, and the total import volume was 23 million meters.

It can be seen from the import amount that the raw materials of Ma are the main import products, accounting for 80% of the total value of imports, showing a negative growth.

The main imports were flax and jute raw materials, and the total import volume of flax raw materials in 1~5 months was 75 thousand and 900 tons, down 6.71% from the same period last year, including 55 thousand and 900 tons of long linen and 55 thousand and 900 tons of short linen and two coarse 19 thousand and 600 tons. The total import amount was 191 million US dollars, down 5.93% from the same period last year. The average unit price of linseed imports increased by 0.8% over the same period last year.

From the import of raw materials, we can see that the production and processing situation of linen textile enterprises is not optimistic, the price of raw materials is rising, the demand for imported raw materials has dropped, and the Jute Textile processing industry has been shrinking in many ways.

(two) export decline

According to customs statistics, the total export volume of China's Hemp textile industry was 549 million US dollars in 1~5 months, down 31.63% from the same period last year's 803 million US dollars, and also showed a negative growth trend.

In 1~5 months, the total export quantity of hemp raw materials was 1798.50 tons, which was 4.97% down from the same period, and the export amount was 3 million 496 thousand and 300 US dollars, which was down 4.29% from the same period.

The total export volume of hemp yarn was 1.52 tons, down 5.65% from the same period last year, and the export amount was 1.15 US dollars, down 15.59% from the same period last year.

The total export volume of linen fabrics was 105 million meters, down 24.56% from the same period last year, and the export amount was 330 million US dollars, down 34.04% from the same period last year.

The total export volume of Ma products was 100 million US dollars, down 38.36% compared to the same period last year.

It can be seen from the export amount that linen fabrics, hemp yarn and hemp products are the three traditional export products, accounting for 60%, 21% and 18% of the total export volume respectively (see chart 4), and their growth rates have declined sharply, showing a negative growth.

Export oriented textile production enterprises need to be cautious in order to prevent backlog.

The following are three detailed analysis of the export products: hemp yarn, linen fabric and hemp products.

Linen yarn is the main export product in the export of linen yarn. The total export volume of linen yarn in the 1~5 months was 104 million US dollars, down 13.73% from the same period last year, and the export volume was 12 thousand and 700 tons, down 1.69% from the same period last year. The cumulative average price of export was 8.17 US dollars / kg, down 12.24% compared to the same period last year, mainly exported to India and Italy.

Linen fabrics and ramie fabrics are the main export products in the export of linen fabrics. The total export volume of linen fabrics is 176 million US dollars in 1~5 months, down 8.64% from the same period last year, and the export volume is 63 million meters, down 5.12% from the same period last year. The cumulative average price of exports is 2.77 US dollars / meter, down 3.48% from the same period last year, mainly exported to Bangladesh and Vietnam.

The total export volume of ramie fabrics was 143 million US dollars, down 51.96% from the same period last year, and the export volume was 34 million meters, down 47.33% compared with the same period last year. The cumulative average price of exports was 4.23 US dollars / meter, down 8.60% from the same period last year, mainly exported to Hongkong and South Korea.

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In terms of the export of hemp products, linen bedding, other decorative products and linen table, toilet and kitchen utensils are the main export products, showing a rapid downward trend.

The total export volume of 1~5 month linen bedding was 63 million US dollars, down 0.46% from the same period last year, mainly exported to the United States and South Korea. The total export volume of other decorative articles for decoration was 18 million US dollars, down 37.18% from the same period last year, mainly exported to Korea and Germany. The export of linen tables, toilets and kitchenware products was 11 million US dollars, down 82.66% compared to the same period last year, mainly exported to Malaysia and Singapore.

Linen clothing and clothing exports increased slightly

According to customs statistics, total exports of linen garments in China in the 1~5 months amounted to US $10 billion 523 million, up 2.26% from the same period last year's US $10 billion 290 million, and the total number of garments exported was 1 billion 720 million, up 11.48% from the same period last year.

According to customs data, 57 cotton, 30 flax 8 polyester 5 polyamide woven trousers (casual European Code A) and 92 polyester 8 linen woven women's jackets (sub code 60119) are the main export varieties. The main export markets of the former are the United States, Britain and Japan. The demand for these three markets in the past five years is relatively stable. The main export markets of the latter are the United States, Vietnam and Japan, of which the Japanese market is relatively stable, and the demand for the United States and Vietnam market is developing rapidly since 2013. However, the Vietnamese market fluctuates too much, and the market in 2016 also falls rapidly.

In recent years, China's hemp clothing and accessories have taken a place in the most mature and important clothing market in the world, especially in the United States and Japan.

The two export markets gradually recovered after the economic crisis, and their consumption capacity gradually increased.

Development proposals for the second half of 2016

Looking forward to the second half of 2016, the development of the linen textile industry is still facing many risks and challenges such as the comprehensive cost of employment, tax burden and so on, and the weakening of investment drive, the intensification of environmental pressure, the decline of export growth and the fluctuation of RMB exchange rate. It is expected that the new normal will be further extended and adjusted and consolidated in the second half of this year.

The linen textile industry should focus on changes in stock prices of raw materials and products, learn and innovate marketing technologies and channels for terminal products, and strive to create new economic growth points.