Updated: 8/19/2009 10:11:00 AM
Based on all the statistics unveiled by CTMA recently, major economic indexes of textile machinery indicate a small drop down year-on-year, but overall profit margin faced a severe plunge. Total industrial output value reached 21.2 billion RMB, down by 6.4% and profit income amounted to 0.536 billion RMB, down by a striking 48.24%. 253 companies are facing a great deficit and that is a 41.34% upturn which means 24.8% of overall textile machinery companies are facing losses in the first five months. All these statistics are concluded through an deep-down running situation investigation of the 1020 textile machine suppliers nationwide with a year-on-year analysis.
Primary economic index indicated that overall textile machinery sales revenue has shrank severely during January and February, but marke demand seems to warming up a little bit since March.
Primary textile machinery provinces all face sales downturn
Five major textile machinery manufacturing districts have undergone grave drop down in the first five months of 2009 namely Heilongjiang, Shanxi, Tianjin, Shanghai and Beijing, all facing more than 40% of sales income decrease. In contrast to that, four provinces welcomed a surprising over 40% sale revenue increase, among which Jiangsu province took the lead with overall income 7.3 billion RMB, increased by 2.54% year-on-year.
Sales rate of the overall textile machinery reach 99.86% in May, increased by 3.21%.
Import&export situation
All data below are based on statistics unveiled by General Administration of Customs of P.R.C.1.296 billion dollars worth of textile machinery are imported and exported in the first five months, totally down by 51.36%, in which 0.452 billion dollars are exported, down by 34.55% and 0.844 billion dollars are imported, down by 57.24%.
Export: Textile machinery export remains downward but with slowing down decreasing magnitude
Textile machinery export particulars
Category |
Export(USD) |
Share in total |
Year-on-year variation ±% |
Total |
452,256,152 |
100 |
-34.55 |
Knitting machinery |
199,494,855 |
44.11 |
-1.20 |
Auxiliaries and accessories |
88,462,999 |
19.56 |
-44.19 |
Finishing machinery |
83,529,114 |
18.47 |
-43.82 |
Spinning machinery |
30,507,302 |
6.75 |
-75.17 |
Fiber process machinery |
22,008,315 |
4.87 |
-25.05 |
Weaving machinery |
21,442,860 |
4.74 < Authority in Charge: China National Textile and Apparel Council (CNTAC) Sponsor :China Textile Information Center (CTIC) ISSN 1003-3025 CN11-1714/TS |