The overall textile machinery output value and marketing income showed negative growth in recent 10 years ever since 2008. This downturn trend still remains in 2009. According to the statistics of China Textile Machinery Association,the overall industry output value reaches 21.8 billion yuan, down by 6.4% year-on-year, leaving textile machinery industry the only negative-growth industry throughout all sectors of textile.Other indexes are also declining--sales revenue and profit income are down by 5.2% and 48.2% separately.

Cotton spinning machinery sales getting rational
China textile machinery industry has severe dependence on cotton spinning machinery for a long term. A decline in cotton spinning fixed asset investment would immediately bring down the overall sales income of textile machinery.According to the statistics from CTMA, sales about total spinning machinery was 2.6 million spindles in the first half year of 2009, down by 50% from the peak several years earlier. Vice president of CTMA, Mr. Gaoyong believes this is an rational orientation."10-million-spindles-per- year growth in the past several years is way out of normal growth track,4-5 million spindles a year is more rational "

Part of the cotton spinning sales gradually snapped back after April this year, Jingwei Textile Machinery and Dongfei Mazuoli Textile Machinery, the two largest spinning machinery suppliers receive orders requiring several hundred spinning machinery each month.Nonetheless, journalists have interviewed some spotlighted important textile provinces namely Jiangsu, Shandong, Zhejiang, Shanxi provinces, most cotton spinning companies remains short of orders. The overall textile machinery income of Shanxi Jinzhong textile machinery cluster can barely reach 50% of last year`s overall income.Some companies are dwindling around the corner of bankruptcy.

Market demand navigates the orientation
Influenced by the specific market demand, several types of textile machines welcomed a warm counterflow although the whole industry is quivering. Due to the prevalence of these machines,the whole industry slump situation was improved or offset to a certain extent.

After 3 years of depressive downturn market,denim fabrics eventually saw a substantial growth in 2009 and top-class rapier looms quickly became popular by taking advantage of this unexpected surprise. Several domestic rapier loom manufactures receive a plethora of orders exceeding their supply capacity.

Velvet fabrics have also seen a substantial growth in contrast with last year. Comparatively, velvet fabrics have a higher demand for dyeing printing as well as finishing machinery which directly stimulated the demand of finishing machinery, rotary screen printing machines as well as flat screen machines. All dyeing and printing mills in Fujian province are running smoothly in the first half year which also accompanied by a satisfying market demand of aforementioned textile machinery.

Economic stimulus plans showing impact
Influenced by the 4000 billion RMB economy-reviving investment, nonwoven machinery sales are greatly enhanced in the first half year although the overall nonwoven fabrics has seen no obvious increase.For one reason that many geotextile fabric manufacturers have promptly realized that most of this 4000 billion would be invested in infrastructure facilities, therefore the geotextile demand would be unquestionably increase,which in another way also indicate a universal confidence in this area.

When to touch the bottom remains unknown
The apparel export growth rate is -11% in the first half year. It is therefore extremely hard and too early to say whether the whole industry starts to snap back or what. Likewise, as the upstream sector of textile industry, it remains unknown to predict whether textile machinery can walk out of the shadow in the second half year. But it is universally accepted that homeland market would keep increasing and contribute more due to all the domestic-market-enlarge plans.

Source: China Textile Leader