Textile industry kept a steady development in the first quarter
Source: ctei Date: 2013-06-03
In the first quarter of 2013, overall textile industry kept a steady development in the first quarter, production scale continued to expand, export and domestic sales maintained a certain growth, investment scale continued to expand, regional structure has been adjusted, profit continued growing.
Production:scale continued to expand
The production scale continued to expand during the first quarter, growth speed remained the same as that in the previous year. In 2013 January ~ February, total industrial output value reached 847,515 million yuan, compared with the same period last year increased by 91,400 million yuan, a year-on-year growth of 12.09%, dropped 0.2 percentage points compared with last year.
At the same time, front-end production growth rate was slower than the back end, the chemical fiber production growth rate was the lowest, knitting and flax spinning was higher.
In terms of different regions, output ratios decreased in the east and the west regions, the growth rates in the Midwest was lower than the same period last year.
The proportion of output values of the eastern and western regions decreased by 0.39 and 0.16 percentage points respectively over the same period last year.
In 2013 January ~ February, output growth rate of the eastern region was 11.53%, lower than the national average level; growth rate of the Midwest regions all lower than the same period last year.
Export:the growth speed of garment is faster than textile
The export scale continued to expand in the first quarter. Among them, garment’s export growth rate was faster than textile’s. In the first quarter, textile and garment exports value reached $59,587 million, a year-on-year growth of 15.55%. Among them, garment export value reached $35,555 million, a year-on-year growth of 19.30%; textile export value reached $24,032 million, a year-on-year growth of 10.41%.
It’s should be noted that garment export growth mainly driven by price.
In the first quarter,garment export price increased 11.85%, garment export volume increased 6.66%; textile export price increased 4.46%, textile export volume increased 5.7%.
In terms of three major markets, the scales of export to the United States and the EU continued to growing, the scale of export to Japan had a small cut.
Domestic:the proportion of sales value increased
During the first quarter, domestic market scale continued to expand, The proportion of domestic sales value increased.
In 2013 January ~ February, domestic sales value of above-scale textile enterprises reached 708,396 million yuan, a year-on-year growth of 12.94%, higher than the entire sales value growth (12.87%). In 2013 January ~ February, the proportion of domestic sales value accounted for the entire sales value of 85.33%, higher than the same period last year by 0.98 percentage points.
In terms of domestic retail demand and clothing’s demand, the domestic retail demand scale continued to expand, but the clothing’s demand growth speed lower than the overall’s. In 2013 January ~ March, the domestic retail sales of 5,545,100 million yuan, a year-on-year growth of 12.4%, clothing retail sales of above-scale enterprises reached 285,900 million yuan, a year-on-year growth of 11.7%, 0.7 percentage points lower than the growth of domestic retail sales.
In addition, clothing sales growth speed of key large retail department stores declined over the same period. In 2013 January ~ March, clothing sales of national 100 key large stores had a year-on-year growth of 6.4%, declined 1 percentage points compared to the same period in 2012.
Investment:maintains a rapid growth speed
In the first quarter, investment scale continued to expand, new projects kept a growth.
In 2013 January ~ March, investment in fixed assets in textile industry reached 137,144 million yuan, a year-on-year growth of 16.41%, dropped 0.59 percentage points over the same period last year, new projects had a year-on-year increase of 15.39%.
In terms of different investment regions, investment growth rate in western region was far higher than that in central and eastern regions by 11.51% and11.92% respectively.
It’s should be noted that the investment proportion of central region declined in the first quarter. In 2013 January ~ March, investment of 37860 million yuan in central region, accounted for 27.61% of the total investment, dropped 0.14 percentage points over the same period last year.
Profit:grew 14.32% year-on-year
In the first quarter, the profit scale of above-scale enterprises continued to expanding. In 2013 January ~ February, the total accumulated profit of textile industry valued at 37,853 million yuan, a year-on-year growth of 14.32%.
In terms of different fields, the profit growth situation of upriver industries was better than that of downriver industries. Profit growth rate of chemical fiber, wool and yarn industries increased quickly. Profit growth rate of silk, knitting and textile machinery industries declined.
In addition, in 2013 January ~ February, the proportion of the three fees (management fees, charges for the use of fixed assets and finance charges) decreased by 1.37 percentage points over the same period in last year.
Prediction: production and sales will remain a growth
Forecast trends in the future: international market still has a limited rebound, international demand can remain a stable condition. Domestic consumption can achieve a steady growth, growth rate is expected to be from low to high.
The cotton price will continue to affect the whole industry and the cotton spinning enterprises will still have more pressures from market competition.
Finally, the overall of production and sales will remain a stable growth and the speed is expected to have a gradually accelerating. In the various sectors of the industry chain, the cotton industry will still have a prominent pressure.