The Main Economic Indicators Of The Textile Machinery Industry Showed A Sharp Decline In The First Quarter, And Enterprises Generally Failed To Start Work.

Affected by the outbreak of the new crown pneumonia, the global economy has been hit hard. IMF IMF expects the global economy to shrink by 3% in 2020. Under this environment, the production and operation of textile machinery industry is facing a great challenge. Statistics show that the main economic indicators of China's textile machinery industry showed a sharp decline in the first quarter, and textile machinery exports and imports also declined to varying degrees.

Generally speaking, textile machinery enterprises generally failed to start work in the first quarter of this year, and the production and delivery of products were restricted. However, judging from the sub sectors, the epidemic has increased the demand for nonwoven textiles in the field of medical protection, which has led to a large increase in orders for chemical fiber machinery and nonwoven machinery related equipment. At the same time, the air-jet spinning equipment in spinning machinery keeps the heat. The multi axial warp knitting machine in the knitting machinery benefits from the reconstruction of the infrastructure projects, and the demand for the downstream market increases. The sales volume has increased year by year, which has become a highlight in the depressed market.

At present, there is considerable uncertainty in the global economic development. From a global perspective, the outbreak of the new crown outbreak may lead to the global textile industry transfer and the quickening pace of structural adjustment. The adjustment process of the domestic market of textile machinery will continue, and the recovery of the international market of textile machinery will also be subject to the impact of the global epidemic. In short, in addition to some sub sectors, the textile machinery industry in 2020 is facing the environment of insufficient market demand at home and abroad, and the development of enterprises is facing a test.

But on the whole, the fundamentals of our economy have not changed for a long time. The impact and impact of the epidemic are phased. In helping enterprises, stabilizing employment and expanding domestic demand, various departments and departments have also introduced a series of policies and measures, and now the policy is gradually landing. In the difficult situation, industry enterprises should also establish confidence in development, plan development goals, accumulate strength, and work hard to resolve the effects of various unfavorable factors, so as to prepare for the gradual recovery of the industry.

Spinning machinery: air jet vortex spinning keeps heat.

Data snapshot

According to statistics from key enterprises of China Textile Machinery Association, sales of cotton spinning frames decreased by 60% in the first quarter, and sales of rotor spinning machines decreased by 57.5% compared with the same period last year, while sales of drawing frames, roving machines and comber decreased by more than 50%.

Operation analysis

Affected by the outbreak of the epidemic, the market demand for spinning machinery at home and abroad was low, orders fell sharply, and enterprises started to delay. From the first quarter of 2020, we can see that the overall operation of spinning machinery showed a significant downward trend, and the sales volume of all kinds of mainframe and special equipment decreased to varying degrees. Among them, the lower proportion of carding machine is due to the increase in export volume and the increase in import volume of jet vortex spinning equipment, which has led to the demand for pre spinning equipment, and also indicates that domestic demand for air-jet vortex spinning remains hot.

It is expected that the operation environment of domestic downstream industries is expected to gradually improve in the two quarter, but the spread of overseas epidemic will continue to affect the export of spinning machinery.

Weaving machinery: overall downward pressure increases

Data snapshot

According to statistics from key enterprises of China Textile Machinery Association, sales of rapier looms decreased by 31.8% in the first quarter, and sales of jet looms decreased by 44% compared to the same period last year. The sales of air-jet looms decreased by 31.7% compared with the same period last year.

Operation analysis

2020 1~3 months, affected by the Spring Festival holidays and epidemic situation, weaving machinery enterprises actively overcome the factors such as resumption of production and economic downward pressure, but the downward pressure on sales in the first quarter increased significantly. Since mid late 2, with the gradual recovery of logistics, raw materials and supporting enterprises, the supply capacity has been steadily restored, the operation of the industrial chain has been continuously improved, weaving machinery enterprises have resumed production and production in an orderly way, and sales orders are at the stage of repair, most of them are mainly driven by pre production orders. 3 beginning in late June, with the outbreak of foreign epidemic situation, affected by the foreign trade situation, the production of enterprises slowed down obviously. According to the data of the National Bureau of statistics, the output and output value of cotton textile, filament weaving, home textiles and other industries have dropped significantly, and the sales of rapier looms, air-jet looms and water jet looms have been greatly reduced.

In the two quarter, weaving machinery enterprises should pay attention to cash flow of enterprises, broaden product fitness, and pay attention to the uncertain factors such as downstream reemployment rate and international environment.

Knitting machinery: the situation of multi axial warp knitting machine is improving.

Data snapshot

In the first quarter of 2020, the overall operation of the three major knitting machinery flat knitting machines, circular weft knitting machines and warp knitting machines was greatly affected by the epidemic. According to statistics from key enterprises of China Textile Machinery Association, sales of flat knitting machines decreased by 68% in the first quarter, while sales of circular knitting machines decreased by 45% compared to the same period last year, and sales of warp knitting machines decreased by 22.2% compared with the same period last year.

Operation analysis

Flat machine market production and sales in the first quarter showed a larger decline. On the one hand, after the Spring Festival just after the serious epidemic situation in China, the overall industry of the flat knitting machine was difficult to reintegrate and the output was difficult to increase. On the other hand, the global outbreak caused the sharp reduction of overseas orders. The circular weft machine industry showed a downward trend in the first quarter. The circular machine enterprises concentrated on the annual production orders. The main products were ordinary single sided double circular machines, and sales declined. The relatively small number of models such as the clothes machine and so on were higher in the first quarter. Besides, overseas markets such as Vietnam and India were also hit by the price drop of single aircraft during the outbreak of overseas epidemic. Warp knitting machine industry continued the overall downward trend in the first quarter. Except for multi axial warp knitting machines, sales of other subdivision models decreased. Affected by the downstream market, the lace machine market continued to show its downturn in the past three years, and sales and sales volume continued to decline. Double needle bed warp knitting machine benefits its wide application and sales volume is relatively stable. High value-added double needle bed warp knitting machine is more favored by users. After two years of rapid development, the market of high-speed warp knitting machine has been saturated and production and sales have declined. The multi axial warp knitting machine has benefited from the resumption and reconstruction of infrastructure projects, and the demand for downstream market has increased, the situation has improved, and the sales volume has increased year by year.

It is expected that the operation pressure of the flat knitting machine industry will continue to increase. The circular knitting machine industry will focus on the main domestic markets such as Guangdong and Foshan, and the warp knitting machine industry will focus more on the field of industry.

Dyeing and finishing machinery: domestic demand and foreign trade orders both fell.

Data snapshot

According to the China Textile Machinery Association's key sampling enterprises, the cumulative sales volume of the rotary screen printing machine decreased by 53% in the first quarter, the sales of flat screen printing machines decreased by 50% compared with the same period last year, the sales of digital printing machines decreased by 23.5%, the sales of dyeing machines decreased by 35.8% compared with that of the previous year, and the sales of the setter machine decreased by 31.4% compared with the same period last year.

Operation analysis

In the dyeing and finishing machinery industry, domestic demand and foreign trade orders fell double due to the reduction of orders and inadequate start-up in the user industry. Orders in the first quarter were mostly accumulated last year and orders before the outbreak of domestic epidemic in January. In February, orders fell. In addition, due to factors such as delayed pick-up and logistics of downstream user enterprises, equipment enterprises are also facing risks such as backlog and shortage of funds. For the future market situation, most enterprises are not optimistic about the second quarter market forecast.

Chemical fiber machinery: orders for some products increased.

Data snapshot

According to the incomplete statistics of China Textile Machinery Association, the shipment volume of filament spinning machine increased by 53% in the first quarter, and the volume of high speed loom machine decreased by 46.2% compared with the same period last year. The total set of polyester staple fiber equipment increased slightly compared with the same period last year.

Operation analysis

In the first quarter of 2020, polyester and nylon filament spinning machines continued last year's orders, and shipments increased year-on-year. Shipments of high speed texturing machine decreased significantly, and the new capacity of polyester staple fiber increased slightly. Due to the influence of the Spring Festival holiday and the new crown pneumonia epidemic situation, chemical fiber equipment enterprises can not resume work normally, but also face the problems of limited traffic and logistics, declining market demand and tight funds. In response to the needs of epidemic and epidemic prevention, some chemical fiber machinery and equipment manufacturing enterprises have adjusted the direction of the products, and actively converted to melt blown equipment, medical protective clothing layers and full automatic mask machines.

Nonwoven machinery: anti epidemic equipment

Data snapshot

According to incomplete statistics of key enterprises of China Textile Machinery Association, the production and sales of nonwoven machinery increased significantly in the first quarter of 2020 compared with the same period last year. Production and sales of complete sets of equipment such as spunbonded, melt blown and textile fusion increased significantly. The sales volume of needle line and spunlace line were basically the same as that of the same period last year. From the point of view of use, the field of medical and health protection is the most important downstream market. The demand and price growth of melt blown fabrics and spunbonded fabrics have led to a substantial increase in orders for related equipment.

Operation analysis

In addition to bringing a large number of orders to some related equipment enterprises, the epidemic also exposed some deep-seated problems in the industry. The key high-end accessories still rely heavily on imports. There is still a gap between the domestic wide melt blown die and the similar products abroad. The supply capability of the high-end melt blown spinneret is obviously insufficient, and the relevant industry standards need to be revised.

From the understanding of downstream coil finishing equipment enterprises, the delivery volume of spunbonded, melt blown and spinning composite production lines is expected to increase exponentially throughout the year. The conservative estimate is only 1.6 meters and the production line will be more than 600. After a large number of melt blown production lines are put into the market, the follow-up service gap for users will also be gradually revealed. It is an important task for all equipment enterprises to ensure that the industry will maintain a stable and healthy development after the improvement of the epidemic situation and the normal economic life.