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    Spinning Machinery: Multi Product Market Innovation

    2023/2/11 13:52:00 3

    Spinning Machinery

    Industry Department I of China Textile Machinery Association
       Seen from the overall operation of spinning machinery in the first three quarters of 2022, the rising trend is obvious. Due to the gradual liberalization of foreign epidemic prevention and control policies, especially after the textile industry in South Asia, Southeast Asia and other countries and regions has been in a continuous downturn in the past two years, the willingness of new projects and equipment upgrading has increased, China's textile machinery export orders have soared, and the market for many types of products has hit a record high.
       Increment reflects industry trend
       According to industry statistics, in the first three quarters of 2022, in addition to combers and roving machines, spinning machines including carding machines, drawing frames, cotton spinning machines, automatic winding machines, rotor spinning machines, vortex spinning machines, and short fiber double twisting machines all showed sales growth in varying degrees.
       The sales increment of spinning machinery better reflects the trend of industrial development. For example, among the carding machine products, the sales of high-speed carding machines accounted for 89% of the total; Among the drawing frame products, the sales volume with autoleveller is nearly 45.9% of the total; In terms of roving machine products, the sales volume of products equipped with thickeners and thinners accounts for 51.4% of the total; In the sales volume of 3.9 million spindles of cotton spinning frames, the sales of equipment equipped with collective doffing devices accounted for more than 90% of the total. In addition, the sales of compact spinning devices were about 3.9 million spindles, up 2.6% year on year. Among them, the sales of compact spinning devices equipped with spinning frame hosts were about 2 million spindles, accounting for 51.3% of the total.
       From these data, the textile industry has an obvious trend of high-quality and efficient development. With the in-depth promotion of transformation and upgrading of the domestic textile industry, the demand of enterprises for short process equipment has not decreased, and the sales of rotor spinning machines and air jet vortex spinning machines have reached the historical best level in the same period, thus driving the demand for front spinning equipment.
       High cost performance makes exports climb
       In fact, from 2012 to 2022, the import of spinning machinery (mainframe, equipment, auxiliary devices and spare parts) will decline significantly, and the export will generally rise. In 2022, the export of spinning machinery will be greater than the import for the first time.
       According to the statistical data of the Textile Machinery Association, in the first three quarters of 2022, the total export volume of spinning machinery hosts was 720 million US dollars, an increase of 88.2% year on year, of which the export value of ring spinning machines increased by 123.9% year on year, and the export value of rotor spinning machines increased by 124.6% year on year, both hitting a record high. The export of spinning equipment, special spare parts and auxiliary devices reached 239 million US dollars, up 31.3% year on year.
       During the five years from 2017 to 2021, domestic spinning machinery has shown strong competitiveness in many overseas markets: the proportion of domestic equipment in the total amount of imported spinning machinery in Pakistan (5-year average) has exceeded 20%, in India it has exceeded 23%, in Uzbekistan it has exceeded 25%, in Bangladesh it has exceeded 29%, in Indonesia it has exceeded 32%, and in Vietnam it is almost 47%. With the continuous improvement of the quality and technology of domestic spinning machinery, it is constantly showing new competitiveness.
       Looking ahead, the industry will face a slowdown in economic growth, and the impact of macro policies will gradually weaken; The income decreases and the consumption expenditure decreases; Challenges such as the continuous impact of the "Xinjiang related Act", but the steady and positive trend of China's economy will not change, and the impact of Sino US economic and trade frictions is generally controllable; The "RCEP" and "Belt and Road" trade cooperation will continue to deepen... These favorable factors will provide strong support for the industry to develop well.

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