Analysis Of The Status Of Industrial Textile Industry In The First Two Months Of Operation

From January to February 2025, the world economy will continue to grow at a low speed, but the growth prospects will face many uncertainties. The surging undercurrent of counter globalization, intensified geopolitical games, rising trade protectionism and other factors pose challenges to the global economic recovery; The domestic economy generally started steadily, the effect of easing policy support was significant, and the growth rate of major indicators was stable and rising. From January to February 2025, China's industrial textile industry has made a good start in economic operation, and the added value of industries above designated size will continue to grow in 2024.

　　 Production According to the data of the National Bureau of Statistics Nonwovens The output increased by 15.4% year on year, the production supply of the nonwoven industry continued to improve, and the industry capacity continued to release; Limited by the inventory cycle adjustment of the automobile industry chain, Cord fabric Its output increased by 0.7% year on year.

　　 Economic benefits , according to the National Bureau of Statistics, January February Industrial textile industry The operating income and total profit of enterprises above designated size increased by 6.4% and 8.9% year on year respectively; The operating profit margin was 3.6%, up 0.1 percentage point year on year. The base effect of industrial economic operation has gradually receded and gradually returned to the normal growth track.

By field, January to February Nonwovens The operating income and total profit of enterprises above designated size increased by 8.8% and 16.1% respectively year on year, and the operating profit margin was 2.7%, an increase of 0.2 percentage points year on year; Rope, rope, cable The operating revenue of enterprises above designated size increased by 18% year on year, the total profit increased by 27.9% year on year, and the operating profit margin was 2.9%, an increase of 0.2 percentage points year on year; Textile belt and cord fabric The profit level of enterprises above designated size increased significantly, with the operating revenue and total profit increasing by 11.2% and 142.3% respectively year on year, and the operating profit margin was 3%, up 1.6 percentage points year on year; Canopy and canvas The operating income and total profit of enterprises above designated size increased by 5.1% and 29.5% year on year respectively, and the operating profit rate of 6.3% jumped to the highest in the industry; Filter, geotextile Textiles for other industries The operating performance of enterprises above designated size has been corrected. The operating revenue and total profit have decreased by 1.7% and 22.1% respectively year on year. The operating profit margin is 4.5%, down 1.2 percentage points year on year.

　　 International trade , according to Chinese customs data (customs 8-digit HS code statistics), From January to February 2025, the export volume of China's industrial textile industry was US $6.55 billion, down 0.3% year on year In January and February, the import volume of the industry was 800 million US dollars, up 9.1% year on year.

　　 By product ， Industry's largest export product coated fabric The export volume of China was 770 million US dollars, down 3.9% year on year; The export volume of felt/tent was 740 million US dollars, up 2% year on year; Nonwovens The export volume was 249000 tons, up 13.8% year on year, and the export volume was 630 million dollars, up 4.4% year on year; Disposable sanitary articles (diapers, sanitary napkins, etc.) The export continued to grow steadily, with an export volume of 580 million US dollars, up 8.7% year on year; Among traditional products, the export volume of industrial glass fiber products increased by 3.1% year on year, the export volume of cord (cable) and belt textiles was basically the same as that of the same period last year, and the export volume of leather base cloth, packaging textiles and canvas declined to varying degrees; The export growth rate of wiping products dropped significantly, Wiping cloth The export volume (excluding wet wipes) was 250 million US dollars, up 1.6% year on year, Wet towel The export volume of was 150 million US dollars, up 1.4% year on year.

(Source: China Industrial Textile Industry Association)