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In the first quarter of 2019, China's industrial textile industry overcame various unfavorable factors and still maintained a high growth rate. According to the National Bureau of Statistics, the industrial added value growth rate of industrial textiles reached 9.4% in the first quarter, an increase of 1.3 percentage points over the same period of last year, and the overall efficiency of the industry is developing.
According to the National Bureau of Statistics, the output of enterprises above the scale of non-woven fabrics reached 981,400 tons in the first quarter, an increase of 13.65% year-on-year. The market demand continued to be strong; the output of cord fabrics was 141,300 tons, down 4.82% year-on-year. The range of applications in the nonwovens market is very wide, and the demand continues to maintain a relatively fast growth rate; while the cord fabric is mainly used for automobile and bicycle tires, the application range is narrow, and the fluctuation of the output is relatively large.
According to the National Bureau of Statistics, the main business income and total profit of enterprises above designated size in the first quarter were 57.362 billion yuan and 2.734 billion yuan respectively, up 13.43% and 16.86% year-on-year respectively. The profit rate of the industry in the first quarter was 5.32%, up from the same period last year. 0.16 percentage points. The continuous increase in market demand and the successive implementation of the national “tax reduction and tax reduction” policy have made the industry's profitability begin to improve. The gross profit margin of the industry has increased by 0.1 percentage point year-on-year, and the proportion of the three fees has also decreased by 0.37 percentage points year-on-year. The loss of loss-making enterprises in the industry has decreased by 11.54%, which has reversed the rapid growth of losses in the industry's loss-making enterprises in the past year.
For listed companies, 18 industrial textile listed companies announced the first quarter report, half of which achieved double growth in main business income and profit. The overall main business income increased by 11.02%, total profit increased by 63.70%, and profit margin was 10.98%. It increased by 3.53 percentage points year-on-year, much higher than the industry average.
According to customs data, China's industrial textile industry's exports maintained growth in the first quarter, and imports declined. Exports totaled US$6.424 billion, up 5.72% year-on-year; imports were US$1.549 billion, down 8.78% year-on-year. Among the main export products, the export volume of industrial coated fabrics, felt fabrics and tents, non-woven fabrics, disposable sanitary products, wire ropes, textiles, wipes and industrial fiberglass products increased by 3.05%. 9.57%, 8.53%, 13.12%, 6.63%, 7.90%, and 6.24%, of which the average unit price of industrial coated fabrics, felt fabrics, tents, wire ropes, and wipes are different. rise.
Overall, the industrial textile industry started well in 2019, demand and production maintained rapid growth, and enterprises have strong confidence in the future development, but at the same time, the industry development also faces many challenges and uncertainties, especially in China and the United States. The increase in export tariffs caused by trade friction requires the industry to actively respond to various ways, resolve risks, ensure the industry's stable operation throughout the year, and maintain a certain growth rate.
Xuzhou Heping Chemical Fiber Co., Ltd., located in Xuzhou Huaihai Economic Development Zone, provides customers with high-quality and high-quality polypropylene high-strength yarns with the production technology, strict quality control system and high-quality after-sales service. The product performance is good and the price is right, and can support the customized sample. The main products of peaceful production are: polypropylene industrial silk, split film industrial yarn, high-strength polypropylene network wire, polypropylene high-strength wire, polypropylene high-strength wire and other polypropylene products.