The Main Economic Indicators Of The Textile Machinery Industry Showed A Sharp Decline In The First Quarter, And Enterprises Were Generally Under Started

Influenced by the COVID-19 epidemic, the global economy suffered a heavy blow. The International Monetary Fund (IMF) predicted that the global economy would shrink sharply by 3% in 2020. In this environment, the production and operation of the textile machinery industry is facing a huge test. Statistics show that the main economic indicators of China's textile machinery industry in the first quarter showed a sharp decline, and the export and import of textile machinery also declined to varying degrees.

On the whole, textile machinery enterprises generally did not start work in the first quarter of this year, and production and delivery of products were restricted. However, from the perspective of various sub industries, the epidemic has led to a substantial increase in demand for nonwoven textiles in the field of medical and health protection, and led to a substantial increase in orders for chemical fiber machinery and nonwoven machinery related equipment. At the same time, the air jet vortex spinning equipment in the spinning machinery remained hot, and the multi axial warp knitting machine in the knitting machinery benefited from the resumption of construction and production of infrastructure projects in various regions. The downstream market demand increased, and the sales volume increased year on year, becoming a bright spot in the depressed market.

At present, there is considerable uncertainty in global economic development. Globally, the outbreak of COVID-19 may lead to the acceleration of global textile industry transfer and 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 affected by the global epidemic. In a word, except for some sub industries, the textile machinery industry as a whole will face the environment of insufficient market demand at home and abroad in 2020, and the development of enterprises will face challenges.

But on the whole, the fundamentals of China's long-term economic improvement have not changed, and the impact and impact of the epidemic are phased. In terms of helping enterprises, stabilizing employment, expanding domestic demand and other aspects, various departments around the country have also successively introduced a series of policies and measures. At present, the policies are gradually being implemented. Under difficult circumstances, enterprises in the industry should establish confidence in development, plan development goals, accumulate strength, and strive to resolve the impact of various adverse factors, so as to prepare for the gradual recovery of the industry.

Spinning machinery: air jet vortex spinning to maintain heat

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According to the statistics of China Textile Machinery Association on key enterprises, the sales of cotton spinning frames in the first quarter decreased by 60% year on year, the sales of rotor spinning machines decreased by 57.5% year on year, and the sales of drawing frames, roving frames and combers all decreased by more than 50%.

Operation analysis ▼

Affected by the outbreak of the epidemic, the domestic and foreign market demand for spinning machinery was depressed, the orders declined significantly, and the enterprise started work late. From the statistical data of the first quarter of 2020, it can be seen that the overall operation of spinning machinery shows a significant downward trend, and the sales of all kinds of host machines and special parts have declined to varying degrees. Among them, the decline rate of carding machine is relatively low, which is mainly due to the increase in the number of exports and the increase in the number of imports of air jet vortex spinning equipment, which has driven the demand for front spinning equipment, and also shows that the domestic demand for air jet vortex spinning remains hot.

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

Weaving machinery: the overall downward pressure increases

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According to the statistics of key enterprises by China Textile Machinery Association, the sales of rapier looms, water jet looms and air jet looms in the first quarter decreased by 31.8%, 44% and 31.7% year on year respectively.

Operation analysis ▼

From January to March 2020, affected by the Spring Festival holiday and the epidemic situation, although weaving machinery enterprises actively overcome the impact of factors such as resuming production and economic downward pressure, the downward pressure on sales in the first quarter increased significantly. Since the middle and late February, with the gradual resumption of logistics, raw materials, supporting enterprises, etc., the supply capacity has recovered steadily, the operation of the industrial chain has continued to improve, and the resumption of production of weaving machinery enterprises has been proceeding in an orderly manner. Sales orders are in the repair stage, and most enterprises focus on making orders before the festival; Since the middle and late March, with the outbreak of the epidemic abroad, the production of enterprises has slowed down significantly due to the impact of the foreign trade situation. According to the data of the National Bureau of Statistics, the output value and other indicators of cotton textile, filament weaving, home textile and other industries have declined significantly. Affected by this, the sales of rapier looms, air jet looms and water jet looms have declined significantly.

Weaving machinery enterprises in the second quarter should pay attention to their cash flow, broaden their product adaptability, and pay attention to the impact of uncertainties such as downstream resumption rate and international environment.

Knitting Machinery: Multi axial Warp Knitting Machines

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In the first quarter of 2020, affected by the epidemic, the overall operation of the three categories of knitting machinery flat knitting machines, circular weft knitting machines and warp knitting machines was greatly impacted. According to the statistics of key enterprises by China Textile Machinery Association, the sales of flat knitting machines in the first quarter decreased by 68% year on year, the sales of circular knitting machines decreased by 45% year on year, and the sales of warp knitting machines decreased by 22.2% year on year.

Operation analysis ▼

The production and sales volume of flat knitting machine market in the first quarter decreased significantly. On the one hand, just after the Spring Festival, when the epidemic was serious in China, it was difficult for the flat knitting machine industry as a whole to resume work and increase its output; On the other hand, the subsequent global epidemic outbreak led to a sharp decline in overseas orders. The circular knitting machine industry showed a downward trend in the first quarter as a whole. The circular knitting machine enterprises concentrated on the orders before the year of production. The main products were ordinary single and double sided circular knitting machines, and the sales volume declined. The relatively small number of models, such as sanitary machines, were hot in the first quarter. In addition, before the outbreak of the overseas epidemic, the overseas markets of circular knitting machines, such as Vietnam and India, were also hit by the decline of single machine prices. The warp knitting machine industry continued the overall downward trend in the first quarter. With the exception of multi axial warp knitting machines, the sales of other subdivided models declined. Affected by the downstream market, the lacing machine market continued its sluggish performance in the past three years, with sales volume and sales amount continuing to decline. The double needle bed warp knitting machine benefits from the wide application of its products, and its sales volume is relatively stable. The high value-added double needle bed warp knitting machine is more popular with users. After two years of rapid development, the market of high-speed warp knitting machines has become saturated, and the production and sales have declined. Multi axial warp knitting machines benefited from the resumption of construction and production of infrastructure projects in various regions, and the downstream market demand increased. The situation was good, and the sales volume increased to a certain extent year on year.

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

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

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In the first quarter, the cumulative sales of rotary screen printing machines, flat screen printing machines, digital printing machines, dyeing machines and stenting and setting machines of the key sampling enterprises of China Textile Machinery Association decreased by 53%, 50%, 23.5%, 35.8% and 31.4% year on year respectively.

Operation analysis ▼

In the dyeing and finishing machinery industry, domestic demand and foreign trade orders fell due to the decrease of orders in the user industry and insufficient construction. In the first quarter, most orders were accumulated last year and before the outbreak of the domestic epidemic in January. In February, orders fell precipitously. In addition, due to factors such as delayed delivery and logistics of downstream user enterprises, equipment enterprises are also faced with risks such as inventory backlog and capital shortage. For the future market situation, most enterprises are not optimistic about the market situation in the second quarter.

Chemical fiber machinery: increase of orders for some products

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According to the incomplete statistics of China Textile Machinery Association, the shipment of filament spinning machines increased by 53% in the first quarter, the shipment of high-speed texturing machines decreased by 46.2% year on year, and the complete 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 the orders of last year, and the shipment volume increased year on year. The shipment volume of high-speed texturing machines decreased significantly, and the new capacity of polyester staple fiber equipment increased slightly year on year. Due to factors such as the Spring Festival holiday and COVID-19 epidemic, chemical fiber equipment enterprises can not resume normal production, but also face problems such as limited transportation and logistics, declining market demand and tight funds. In order to meet the needs of epidemic situation and epidemic prevention, some chemical fiber machinery equipment manufacturing enterprises have adjusted the direction of their products and actively shifted to the production of melt blown complete equipment, medical protective clothing layering machine and full-automatic mask machine. The production and sales of melt blown die heads and spinnerets have increased significantly.

Nonwovens machinery: anti epidemic related equipment sold well

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According to incomplete statistics of key enterprises by China Textile Machinery Association, the production and sales of nonwoven machinery in the first quarter of 2020 increased significantly compared with the same period last year. The production and sales of complete sets of equipment such as spunbonded, melt blown and melt spun composite rose significantly. The sales volume of needle thread and spunlaced thread was basically the same as that of the same period last year. From the perspective of use, medical protection is the most important downstream market. The demand and price growth of melt blown fabrics and spunbonded fabrics have driven the orders of related equipment to increase significantly.

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: key high-end accessories still rely heavily on imports, the level of domestic wide width melt blown die head still lags behind that of foreign similar products, and the supply capacity of high-end melt blown spinneret is obviously insufficient, so the relevant industry standards need to be revised urgently.

According to the downstream coil finishing equipment enterprises, the delivery of spunbonded, melt blown and melt spun composite production lines is expected to double this year, and it is conservatively estimated that there will be more than 600 production lines with a width of only 1.6 meters. After a large number of melt blown production lines are put into the market, the subsequent service gap for user enterprises will gradually emerge. How to ensure the stable and healthy development of the industry after the epidemic situation turns better and economic life returns to normal is an important issue for all equipment enterprises.