Antibacterial Air Covered Yarn

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Supply Ability 30000 Kilogram/Kilograms per Month

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Packaging Details 0.094cbm per carton

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Our yarn can be used for leggings, silk socks, denim, bra, socks, underwear, ribbons, elastic tapes, gloves, shoe uppers, and so on.

Q: What is the situation of textile filed in the first quarter of 2022

A:

Industry boom fell into the contraction zone, production growth is stable and slow down

In the first quarter of this year, the combination of the epidemic in many places in China and the international geopolitical instability affected the production and operation activities of textile enterprises to a certain extent, and the industry economy fell into the contraction zone. According to the survey data of China National Textile Industry Council, in the first quarter of 2022, the textile industry prosperity index was only 42.6, down 14.5 and 19.7 percentage points compared with the same period last year and the fourth quarter of 2021 respectively.

Affected by the production shutdown and production reduction of enterprises in some regions due to the epidemic and the weakening market demand, the capacity utilization rate of the textile industry fell simultaneously, and the production growth rate stabilized and slowed down. According to the National Bureau of Statistics, the capacity utilization rate of the textile and chemical fiber industries in the first quarter was 78.2 percent and 84.2 percent, respectively, down 0.1 and 2.9 percentage points from a year earlier. In the first quarter, the industrial added value of enterprises above designated size in the textile industry increased by 4.9% year-on-year, 15.4 percentage points slower than the same period last year. Over 90 percent of the industrial chain saw positive growth in production. The added value of the textile, chemical fiber and clothing industries increased by 3.2 percent, 2.4 percent and 8.7 percent, respectively.

The domestic market fluctuated slightly, and the export volume reached a new high in the same period

In the first quarter of this year, due to the impact of the epidemic in China, many places took enhanced lockdown measures, restraining people's travel and consumption activities. Some textile and apparel trading markets were temporarily closed, and the domestic market declined for the first time since 2021. According to the National Bureau of Statistics, in the first quarter, the retail sales of clothing, shoes, hats and textiles by units above designated size decreased by 0.9% year-on-year, with the growth rate falling by 55.1 percentage points compared with the same period last year. The online consumption of textile and apparel maintained a slight growth. In the first quarter, the online retail sales of apparel products increased by 0.9% year-on-year, 38.7 percentage points lower than that in the same period last year.

Thanks to the sustained recovery of overseas market demand, the strength of the national policy to stabilize foreign trade and the rise of international commodity prices, China's textile and garment exports have achieved sound growth. China's textile and apparel exports reached 72.25 billion U.S. dollars in the first quarter, up 11% year on year and the largest increase in export volume ever recorded in the same period, according to Chinese customs data. Along with the recovery of textile supply chain in Southeast Asia and other countries, the demand for yarn and fabric is obviously recovering. Textile exports of our country reached a new high of 36.57 billion dollars during the same period, increasing by 15.1% year on year. The end demand of the international market is basically stable. In the first quarter, China's garment exports reached 35.68 billion US dollars, up 7.4% year on year. The implementation of the Regional Comprehensive Economic Partnership Agreement (RCEP) has provided a new competitive platform for China's textile industry chain. In the first quarter, China's textile and apparel exports to other 14 RCEP member countries amounted to $21.4 billion, up 12.3% year on year, accounting for 29.6% of the global textile and apparel exports in the same period.

Enterprise benefit repair pressure, investment to achieve good growth

In the first quarter, the textile industry was faced with a complex situation in which unexpected factors exceeding expectations, such as multiple spread of the domestic epidemic, intensified conflict between Russia and Ukraine, continued rising inflation pressure and normal pressures, such as weak market demand, high cost of raw materials, and poor logistics operation, increased the pressure of production and operation of enterprises, and obvious pressure of benefit repair. According to the National Bureau of Statistics, the operating revenue of 36,000 textile enterprises above designated size increased by 10.6% in the first quarter, 16.3 percentage points slower than the same period last year. Total profits fell 9.2 per cent from a year earlier. In the same period, the operating income profit margin of textile enterprises above designated size was only 3.4 percent, down 0.7 percentage points from the same period last year. The benefits of over 60% of the industrial chain achieved positive growth, but the total profits of the chemical fiber industry decreased significantly by 54.9% year-on-year under the market situation of "high cost, weak demand and high inventory". Affected by the weakening market demand and the high base of last year, the total profits of home textiles and industrial applications at the end of the industrial chain have not reversed the trend of negative growth. However, driven by the continuous release of upgrading consumer demand such as the "snow and ice economy" and other factors, the clothing industry saw significant growth in benefits. In the first quarter, the total operating revenue and profit increased by 9.3% and 10.9%, respectively.

Although facing a severe market environment, textile enterprises continue to deepen transformation and upgrading, actively expand effective investment in such fields as technological transformation and upgrading, energy conservation and carbon reduction, regional layout adjustment and so on, under the support of policies such as stable growth of the state and strengthening assistance to enterprises by market entities. The investment growth trend of the whole industry is good. According to the National Bureau of Statistics, in the first quarter, the fixed asset investment of the textile industry, the chemical fiber industry and the clothing industry achieved a rebound growth of 23.8%, 37% and 37.3%, respectively, up by 5.6, 27.5 and 20.2 percentage points over the same period of last year.

Difficulties and challenges have increased significantly, steadily unleashing resilience in development

In the first quarter, the textile industry actively responded to and resolved various risks and challenges. While making every effort to maintain stable growth and resist downward pressure, it also tried to take into account the medium and long-term development goals of "14th Five-Year Plan" to adjust structure and promote transformation. Looking forward to the whole year, the development environment of our textile industry is more complex and severe, and the difficulties and challenges of maintaining stable operation are increased obviously. In terms of the external environment, the global epidemic is still spreading, the conflict between Russia and Ukraine continues to escalate, the operation of the international supply chain is hindered, the monetary policies of developed economies are being tightened at a faster pace, and the economic recovery is facing multiple downward pressures, including worsening supply-demand imbalance, rising inflation pressure and financial market volatility. The constraints on global industrial production, international trade and market liquidity will all become more prominent, which will continue to restrict the recovery of market consumption power and the improvement of consumer confidence. As the overseas textile supply chain gradually recovers, the international procurement pattern will also accelerate the adjustment, the Chinese textile industry will face the situation that the competition is intensified, and the export pressure rises obviously.

In terms of the domestic environment, the combination of the new round of COVID-19 and downward macroeconomic risks and pressures has had a certain impact on the improvement of enterprise efficiency, employment situation, people's income and market expectations for a period of time. However, the fundamentals of the Chinese economy remain unchanged. In the first quarter, China's GDP grew by 4.8% year on year, which is still one of the fastest growth rates among major economies in the world. As the impact of the epidemic is gradually brought under control, the stuck points at both ends of supply and demand are expected to be gradually unblocked, and the consumer market will gradually show a recovery trend. Emerging hot spots and innovative business forms such as ice and snow consumption, green consumption and platform consumption are actively active, which will promote the steady growth of the domestic market of textiles and apparel. At the same time, the national macro-control policy has been laid out in advance and exerted efforts in advance. The coordinated and coordinated policies focused on accelerating the construction of a national unified big market, promoting the implementation of employment priority, stabilizing foreign trade and promoting consumption, increasing market supply and price stabilization and strengthening support for the real economy will further stimulate and tap the potential of the domestic market for the textile industry. To provide support for high comprehensive costs, high inventories and other risk pressures. In addition, China's textile industry chain and supply chain system is still prominent in its complete, efficient, stable, autonomous and controllable advantages. Once the epidemic prevention and control reaches a turning point, the industry is fully capable of exerting its competitive advantages, taking the initiative in domestic and foreign markets, and making every effort to stabilize the industry operation as soon as possible.

The textile industry will continue to actively implement the decisions and arrangements of the CPC Central Committee and The State Council. According to the requirements of the Central Economic Work Conference, the textile industry will continue to adhere to the general work tone of "stability is the first priority and progress is made while stability is maintained", steadily release the development resilience accumulated from years of in-depth adjustment and transformation, and constantly activate the potential of high-quality development. We will continue to give full play to the positive role of industries in ensuring production and supply, stimulating domestic demand, and improving employment and income. We will consolidate the foundation for steady and sound economic development, keep the economy operating within a proper range, and take concrete actions to welcome the victory of the 20th CPC National Congress.