Market prospect and industry demand analysis of cotton textile equipment in 2020

Release time: 2021-06-16

What is the market status of cotton textile equipment industry? Spinning was first hand-made, and then simple tools such as spinning specialty and spinning vehicle were gradually used. In 1758, roller wing spinning frame appeared, and Jenny spinning machine appeared again in 1770. In 1774, three drum carding machine was created, and in 1779, the spinning frame was invented. In the end of the 18th century, there was a draw frame and roving machine. The mechanization of cotton spinning engineering starts from the spinning machine, so the spinning machine is sometimes also called spinning machine. The former process of spinning is called pre spinning, including opening and cleaning cotton, carding, drawing, coarse carding, roving, etc. Different Pre spinning processes are made up according to the fiber length, impurity and yarn quality requirements of raw cotton; Before spinning, raw material selection must be carried out. After the spinning processing, there are winding cylinder, yarn blending, twisting, twisting, etc.


The market status of cotton textile equipment industry


From the global perspective, the competition in textile machinery manufacturing industry in the past mainly concentrated in Germany, Italy, Switzerland and other spinning machine manufacturing powers. In recent years, driven by the domestic and Asian market demand, the scale of China's textile machinery manufacturing industry is expanding. It is estimated that the global textile machinery market will reach US $25.4 billion by 2018, with the largest investment proportion of new equipment by Asian textile manufacturers. New spinning machines, shuttles looms and knitting machines with 90% of the world's exports are imported into Asia, especially in China. There is no doubt that Asia remains the world's textile and clothing manufacturing center. World famous textile machinery enterprises have invested in China to run factories, and their production scale in China has reached 1/3 of the total output of China's textile machinery. In addition to the Chinese market, the equipment produced by foreign-funded enterprises is exported in large quantities and even returned to the country of origin. China is changing from a largest market for spinning machine demand to the Asian spinning machine manufacturing center, even the world spinning machine manufacturing center.


According to the report of China Research Institute on the development strategy and investment risk prediction of China cotton textile complete equipment industry 2019-2025


Market prospect and industry demand analysis of cotton textile equipment in 2020


In recent years, the cotton textile industry in China has developed rapidly. By 2011, the number of ring spinning, rotor spinning and loom in China has reached 120 million, 232 million and 1.26 million respectively, and the spinning capacity has reached 50% of the total global output. Textile Enterprises above the national scale have achieved a total industrial output of 5478.65 billion yuan, an increase of 26.8% year-on-year. It further consolidated the position of China's cotton textile power. Although the cotton textile industry develops rapidly, the "three mountains" above it is becoming more and more heavy, and the high-speed development of cotton textile industry needs to reduce the burden.


The number of cotton textile enterprises above China's scale increased from 4449 in 2003 to 7632 in 2005, up 71.54%; The total industrial output value increased from 28.4 billion yuan to 51.6 billion yuan, increasing 78.70%; The total assets increased from 30.3 billion yuan to 41.1 billion yuan, up 37.68%; The sales revenue increased from 2809 billion yuan to 500600 million yuan, increasing 78.22%; The total profit increased from 7.164 billion yuan to 15.5996 billion yuan, an increase of 123.29%; The export delivery value increased from 54.6 billion yuan to 74.9 billion yuan, increasing by 37.28%; The number of employees increased from 2280700 to 2589500, an increase of 13.54%.


There are 2988 construction projects in China's textile and clothing industry, 29 fewer projects, and 1762 new projects, with a year-on-year decrease of 179. Although the construction projects and newly started projects have decreased, the completed projects have increased, with a year-on-year increase of 3.21%; The actual completed investment also increased to $66.588 billion, an increase of $12.582 billion, or 23.30 percent.


Cotton textile equipment industry in the development of the same time also shows the concerns of the assignor, especially compared with foreign enterprises, the gap is obvious. The gap of technology and equipment, information technology and rapid response technology and innovation ability are highlighted. In addition, the problems such as extensive expansion and market competition are still in disorder, which greatly hinder the development of the industry. Therefore, it is urgent to strengthen the industrial upgrading, improve the progress of cotton textile science and technology, adjust the industrial structure and cultivate the innovation ability.


During the 11th five year plan, the state formulated the cotton textile industry plan, which will give the cotton textile industry a great investment in capital and resources. By the end of the 11th five year plan, the proportion of equipment in the 1990s and international level of cotton textile industry will reach 65%, the labor productivity will be increased to 55000 yuan / person / year, the proportion of combed yarn reaches 30%, the uncoiled rate reaches 50%, the proportion of shuttles reaches 70%, and the proportion of uncoated yarn reaches 70%, The output value of RMB 10000 is 10-15% lower than that in 2005. Cotton textile industry has a broad development space


From the domestic supply, cotton planting in China is mainly distributed in the Yangtze River, Yellow River Basin and Xinjiang production area, of which the output of Xinjiang production area accounts for 45% of the total output of the country, 25% of the total output in the Yellow River Basin and 10% of the Yangtze River Basin.


The cotton planting area is too concentrated, which has a certain adverse effect on the cotton textile industry. Because the yield and quality of cotton are greatly affected by weather factors, cotton cultivation is too concentrated, which is equivalent to putting eggs in a basket. If the climate conditions of a certain year are unfavorable, which affects the production and quality of cotton, the cotton textile industry will be greatly affected. The most typical example is that around 2010, due to the extreme weather, Xinjiang cotton production has been greatly affected, and the cotton textile industry in China suddenly howls.


Although there are three major cotton producing areas in China, only Xinjiang production area has formed a certain scale of cotton cultivation. Other production areas are scattered, lack of unified planning, and affected by the price factors of the previous year. The planting area largely depends on the willingness of cotton farmers, which is not conducive to the overall stability of cotton textile industry.


In terms of import, quota system is adopted for cotton import in China. According to WTO agreement, China imports 894000 tons of cotton with a quota of 1% preferential tariff; For imported cotton other than quota, a slip tax of 5% - 40% shall be levied. The tax of slip down is equivalent to setting the bottom limit for the price of imported cotton, which aims to reduce the impact of imported cotton on domestic cotton market and ensure the income of cotton farmers. However, due to the gap between China's cotton production and textile demand of nearly 3million tons, this means that more than 2 million tons of cotton rigid demand is imported through high slip tax, regardless of the price of cotton. Quota system and sliding tax hinder the enterprises from using market means to allocate resources to some extent, which leads to the high cost of China cotton textile industry. Australian cotton is 18000 yuan / ton, and Indian cotton is 16000 yuan / ton. However, due to the quota system, enterprises cannot import them independently, while the Chinese new cotton can buy the same quality cotton for 21400 yuan.


Cotton textile equipment industry will become the market leader in the future! For more detailed analysis, please click the "forecast and analysis report on the development prospect strategy and investment risk of China cotton textile complete equipment industry 2019-2025" published by the Institute of China research and research.


Copyright:Henan JinXin 2021