Serious External Risks In The Textile Industry In 2012

In May 22nd, the China Textile Industry Federation held an analysis and forecast on the situation of textile industry in China in 1~4 this year and the trend of 2012.

Data show that China's textile industry has shown a slow trend in 1~4 months. The specific performance is: the growth rate of production slowed down; the pace of regional structural adjustment of investment was further accelerated; the price of textile and clothing exports narrowed, the number of exports increased negatively, and the growth rate of industrial profits dropped significantly.

In the first half of 2012, the industry continued to face higher external risks. Further improvement of risk control and response capability is still the top priority.

1~4 months above the scale of our country

The main operational indicators are slowing down obviously.

Production keeps growing at a low speed.

According to the statistics of the National Bureau of statistics, 1~4 months ago, China's textile enterprises above Designated Size realized a total industrial output value of 1 trillion and 677 billion 60 million yuan, an increase of 13.1% over the same period last year. The growth rate of chemical fiber 13.1%, yarn 15%, cloth 12.8% and clothing 7.8% year-on-year basically maintained a low growth momentum.

Industry investment growth slowed down, new construction projects showed a negative growth trend.

In 1~4 months, the total investment in fixed assets of China's textile industry totaled 184 billion 590 million yuan, up 18% compared to the same period last year, and the number of new construction projects was 4310, an increase of 5.6% over the same period last year.

In the area of regional distribution of investment in the industry, the growth rate of investment in the middle and western regions is higher than that in the eastern region, and the proportion of the investment is further improved.

In 1~4 months, the investment in fixed assets in the central and western enterprises increased by 24.5% and 24.9% respectively, significantly higher than that in the eastern region. The new investment in the central and western regions increased by 1.5 and 0.4 percentage points respectively compared with the previous year, and the pace of pferring the textile industry to the central and western regions continued to accelerate.

The export price rose narrowed and the volume of exports increased negatively.

According to customs express data, 1~4 months, the national textile and clothing exports 68 billion 810 million US dollars, an increase of 0.5% over the same period last year.

It is estimated that in 1~3 months, the export price of textiles and clothing increased by 4.5% over the same period last year.

Excluding price factors, the number of textile and garment exports decreased by 1% over the same period in 1~3.

Domestic market growth is still an important support for the development of the industry.

In 1~4 months, the retail sales of clothing commodities above the limit increased by 15.6% over the same period last year, down 7.9 percentage points from the same period last year.

The domestic sales value of textile enterprises above designated size increased by 14.8% compared to the same period last year, and the share of domestic sales accounted for 84.3% of the sales output value, an increase of 1.6 percentage points over the same period last year.

Industry profit growth slowed down significantly.

In 1~3 months, the total profits of textile enterprises above Designated Size totaled 53 billion 700 million yuan, down 1.8% from the same period last year, and the growth rate dropped 55.3 percentage points over the same period last year.

Among them, the chemical fiber industry and cotton textile industry all showed negative growth, and 1~3 months profit decreased by 46.6% and 3.6% respectively.

Judging from the industry factors and trends in 2012, 2012

The pressure of low demand is still relatively obvious, with many uncertainties, which will affect the export growth of the industry. The continuous improvement of the income level of urban and rural residents, policy support and other factors will boost the domestic demand market steadily, but the growth rate may be lower than that of last year; and the wave of raw material market and the unsmooth supply chain system are the main risks facing the industry.

In a market environment where external demand is low and domestic demand is slowing down, the space for enterprises to resolve various cost and risk factors is smaller and the operating pressure is more prominent.