In the first three quarters of 2017, the operation and market of China's textile industry generally showed a rebound trend. The completion of major economic indicators of industrial enterprises was stable and the growth rate was higher than that of the same period of the previous year. The export trade volume increased year-on-year, and the export unit price decreased gradually. Narrowed.
The number of enterprises above designated size has reached 1916
In the first three quarters of 2017, the operation and market of China's textile industry generally showed a trend of recovery. The completion of major economic indicators of industrial enterprises was stable and the growth rate was higher than that of the same period of the previous year. The export trade volume increased year-on-year, and the export unit price decreased gradually. Narrowed. As of the first three quarters of 2017, the number of enterprises above designated size in the national textile industry reached 1,916, including 1,037 bedding companies, 227 curtain fabric companies, and 282 towel products companies. From January to September this year, the number of home textile enterprises above designated size in China by the National Bureau of Statistics has reached 1,916. The number of home textile enterprises above designated size has exceeded the number of the whole year of 2016. It is estimated that the number of enterprises above the scale of home textiles will be around 1920 in 2017.
In the first three quarters, 1916 home textile enterprises above designated size achieved a revenue of 214.297 billion yuan, a year-on-year increase of 10.54%. The domestic sales value was 165.02 billion yuan, a year-on-year increase of 11.46%. The total profit reached 11.554 billion yuan, an increase of 8.57% year-on-year, and the profit margin was 5.39%. The growth rate of main income, domestic sales value and total profit increased by 7.48 percentage points, 7.63 percentage points and 1.49 percentage points respectively over the same period of the previous year.
Main business income and forecast of home textile industry above designated size in 2012-2017
Source: China Merchants Research Institute
Total profit of China's textile industry in 2012-2017
Source: China Merchants Research Institute
In addition, from January to September this year, the 16 home textile industry clusters that tracked statistics achieved a revenue of 184 billion yuan, a year-on-year increase of 5.5%. The domestic sales value was 141.8 billion yuan, an increase of 8.3%. The total profit reached 9.46 billion yuan, a year-on-year increase of 6.9%, and the profit rate was 5.14%. The 224 companies that tracked the statistics of the Association achieved a revenue of 60.7 billion yuan from the main business, a year-on-year increase of 4.4%. The domestic sales value was 44 billion yuan, a year-on-year increase of 3.21%. The total profit reached 4.05 billion yuan, a year-on-year increase of 5.5%, and the profit rate was 6.68%.
According to the National Bureau of Statistics, from January to September this year, the home textile industry completed a total investment of 53.3 billion yuan, a year-on-year increase of 4.81%, an increase of 16.52 percentage points over the same period of the previous year. Among them, the bedding industry invested 23.485 billion yuan, up 4.74% year-on-year; the towel industry invested 8.204 billion yuan, a year-on-year increase of -2.51%; the cloth industry completed an investment of 5.193 billion yuan, an increase of 25.88%; investment growth rate of three industries It has improved on the basis of the first 8 months.
Import and export trade increased by 0.44%
According to customs data, from January to September, China's household textiles completed a total of 299.14 import and export trade, an increase of 0.44%. Among them, imports were 1.106 billion US dollars, down 5.34% year-on-year. Exports were 28.803 billion U.S. dollars, up 0.68% year-on-year. The growth rate was 5.17 percentage points higher than the same period of the previous year; the export volume increased by 9.42% year-on-year, and the export unit price decreased by 7.99% year-on-year. In the month of September, the import of home textile products was 139 million US dollars, down 0.68% year-on-year; the export was 3.429 billion US dollars, up 5.18% year-on-year.
From January to September, exports to the US, Europe and Japan were US$15.095 billion, up 3.44% year-on-year, accounting for 52.41% of China's total domestic textile exports. Exports to other markets except the US, Europe and Japan totaled US$13.708 billion, down 2.20% year-on-year. In addition, the export market along the “Belt and Road†market was US$10.87 billion, down 2.29% year-on-year.
Exports of China's home textiles to the top four markets in 2017
Among the 7 major categories of export products, 4 categories of exports increased year-on-year, 6 types of exports increased year-on-year, while fabric exports and exports decreased at the same time. China's fabric products were mainly curtains and decorative fabrics. From January to September, the export volume of decorative fabrics (US$2.029 billion) decreased by 17.23% year-on-year, and the export volume decreased by 32.59% year-on-year, affecting the export performance of fabric products; while the curtain products ($1.722 billion) were in good condition, and the export volume increased by 5.96. %, the number increased by 13.37%.
According to the Customs News, from January to September, China's textile industry exported a total of 1985.19 billion US dollars, an increase of 0.9%. Among them, the total export of textile yarns, fabrics and products was US$80.664 billion, up 2.9% year-on-year; the total export of clothing and clothing accessories was US$117.585 billion, down 0.4% year-on-year.
In the future, China's home textile industry faces enormous opportunities. The main factors driving the expansion of demand in the home textile market are: changes in the concept of mass consumption, the growth of wedding and festival consumption, the continued growth of demand for children's products, the improvement of residential housing, the expansion of hotels and hotels, the improvement of public health facilities and the prosperity of the tourism transportation industry. Among the above factors, except for the improvement of residential housing and the hotel's expansion, which have been affected by the economic crisis, other factors have remained largely unaffected. Therefore, the home textile market will continue to grow steadily in the future and demand will increase.
1. Changes in young people’s spending habits
With the continuous advancement of urbanization in China, the market capacity of the home textile industry will continue to expand. According to the development track of developed countries, as the process of industrialization and urbanization will further accelerate, the consumption patterns and consumption behaviors of residents will also undergo major changes. In the past, Chinese consumers have a more traditional consumption habit of home textile products. Compared with clothing, the use period of home textile products such as bedding and bedding is relatively long. With the continuous improvement of the national economy, the per capita consumption expenditure has been continuously improved, the consumption habits have been continuously adjusted, and the consumption pattern has been continuously changed. The speed of purchase and renewal of home textile products has also accelerated. Home textile products are quietly changing from the ordinary consumer product form to the home life culture element. This irreversible consumption trend will further promote the growth of demand for our country's textile products.
2. Improvement of housing conditions
The continuous improvement of housing conditions in our country and the continuous increase in the per capita living area provide an opportunity for the rapid development of the home textile industry. According to relevant research, about 82% of Chinese consumers will buy all kinds of home textiles to decorate their homes when they are renovating or moving to a new home. From 1998 to 2012, the per capita housing construction area of ​​China's cities and towns increased from 18.7 square meters to 32.9 square meters, and the continuous improvement of per capita housing area provided strong support for the market demand of China's textile products.
3, the pull of wedding demand
China has always had the custom of wedding consumer textile products. The consumption of the wedding market is related to the current age of marriage. According to the sample survey of the national population, the proportion of China’s population aged 25-39 remained above 23% in 2003-2008. There are nearly 300 million married people. At present, China is entering the peak wedding season of the “baby boomers†born in the 1980s. According to the statistics of the Ministry of Civil Affairs, in 2012, China registered a total of 132.36 million pairs of marriages. It is assumed that each couple will spend 1,000 yuan on home textile products, which will bring about 13 billion yuan in sales each year. It can be seen that the huge wedding demand will continue to drive the consumption of home textile products for a certain period of time.
4. Driven by the development of the hotel industry
The increase in travellers has increased the demand for hotel accommodation, which has created a demand for hotel textile products. China's tourism industry has ushered in a turning point in development in recent years, as the number of tourists and tourism revenues have accelerated, which has led to an increase in hotel demand for home textile products. The "Opinions of the State Council on Accelerating the Development of Tourism Industry" stated that the development goal of the tourism industry in 2010 is that the number of domestic tourists will increase by 10% annually, and the total tourism revenue will increase by 12%. The rapid development of tourism has raised the demand for hotels. The fierce competition will also increase the investment in the hotel's home textile products.
Editor in charge: Xu Yuehua
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