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    Summary Of The First Quarter Economic Operation Of Textile And Apparel Industry Under The Epidemic Situation

    2020/5/16 12:34:00 0

    Textile And Garment IndustryEconomic Operation In The First Quarter

    In the first quarter of 2020, under the impact of the outbreak of the new crown virus, the textile and garment listed companies were exposed to the risks and pressures brought by the global market downturn and the economic downturn, and the economic operation, production and sales were greatly affected. Relevant statistics show that the 11 main industries of the textile industry, except chemical fiber and other industries, have decreased to a certain extent in the first quarter of the year, and their quality and efficiency levels have declined as a whole.

    According to the National Bureau of statistics, in the first quarter, the utilization rate of textile and chemical fiber industry was 67.2% and 74.4% respectively, slightly better than that of 67.2% of the manufacturing industry in the whole country, but decreased by 10.5 and 8.8 percentage points respectively from the same period last year.

    Affected by the epidemic, orders for textile enterprises at home and abroad were significantly reduced in the first quarter, and the efficiency situation was seriously declining. Production and operation encountered unprecedented difficulties, and investment and development confidence were obviously insufficient. Statistics show that in the first quarter, the main operational indicators of the textile industry showed a negative growth trend, and faced a major test to maintain stable operation.

    According to the accumulative economic operation data of 1~3 months in 2020, by comparing and analyzing the data of the same period last year, the index of output and output value of tracking cluster in March has been greatly reduced. In terms of output, the output of all kinds of yarns in the cluster enterprises decreased by 33.6% compared with the same period last year, and the output of the enterprises decreased by 37.2% compared with the same period last year. In terms of economic indicators, the business income of the cluster enterprises decreased by 24.5% compared with the same period last year, and the total profit decreased by 53.4% compared with the same period last year.

    The latest trade data show that in the first quarter, China's textile and clothing exports fell more than the level of the global financial crisis in 2008. According to the customs express data, 1~4 months, China's textile and clothing exports amounted to US $66 billion 620 million, a decrease of 10% compared with the same period last year, the decline narrowed by 8 percentage points compared with the first quarter. Among them, textile exports amounted to US $37 billion 310 million, an increase of 2.9% over the same period last year, 14 billion 620 million US dollars in the month of April, an increase of 51.1% over the same period last year, and clothing exports stood at 29 billion 310 million US dollars, down 22.3% from the same period last year, and exported 6 billion 740 million US dollars in April, a decrease of 27.7% over the same period last year. The export structure of products shows that the scale of clothing export is far below the scale of textile exports. From the perspective of market export structure, China's export to developed and emerging markets has declined across the board. In 1~3 months, the amount of textile and clothing exports to the United States, Japan, the European Union, ASEAN and Africa decreased by 29.2%, 16.8%, 14.3%, 13.1% and 11.7%, respectively.

    Since April, thanks to the completion of stock orders and the surge in demand for masks, protective clothing and other countries, China's textile and clothing exports have narrowed rapidly. According to the introduction, in the first quarter, medical masks, medical protective clothing and other medical protective products became the hard currency of the global market. From the initial rush to the present, the industrial textile enterprises provided a strong support for epidemic prevention and control by improving the raw materials, equipment, finished products and other upstream and downstream industrial chains, and also improved their self-worth, especially medical treatment. Health products related production enterprises, operating performance increased significantly.

    In terms of clothing, according to the National Bureau of statistics, 1-3 months, the textile enterprises completed 4 billion 618 million 166 thousand and 900 garment production, a year-on-year reduction of 20.29%, of which 2 billion 255 million 185 thousand and 900 were knitted garments, representing a decrease of 23.73% over the same period. 1-3 months, knitted fabric 2110 family regulation, the main business income of the company was 48 billion 546 million yuan, a decrease of 23.64% compared with the same period last year, the total profit was 1 billion 927 million yuan, a decrease of 610 million yuan compared with the same period last year. The 3679 main businesses of knitted garments regulated 83 billion 406 million yuan in the main business, 21.47% lower than the same period last year, and the total profit was 2 billion 970 million yuan, a decrease of 1 billion 326 million yuan compared with the same period last year.

    In the first quarter, China's retail sales of clothing, shoes and hats and needle textiles decreased by 32.2% compared with the same period last year, while online retail sales decreased by 15.1% compared with the same period last year, down 35.5 and 34.2 percentage points respectively from the same period last year. Experts say that although the domestic epidemic has been effectively controlled and consumption is being restarted, with the severe situation in Europe, the knitting enterprises which mainly rely on foreign trade or generation processing will not have a good time in the short term. Enterprises must be psychologically prepared.

    The Chinese textile industry enterprise management association anticipate from the research enterprises. With the gradual control of the international epidemic situation, if the market trend becomes clearer in May, the industry can gradually improve. If the market situation is not improving in June, most enterprises will face a big test this year.

    At present, most textile and garment enterprises show strong confidence and resilience in the face of the impact of the epidemic. Most companies say that the impact of production and operation is temporary and limited. Although the first quarter performance has declined, with the two or three quarter of production and operation gradually restored to normal, the impact on the whole year should be small and controllable. (comprehensive arrangement)


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