Development of textile machinery industry in the second half of the year affected by uncertainties

It is understood that the overall situation of the textile machinery market in the first half of the year was good, and the market situation in the second half of the year was cautious and conservative. Judging from the business-to-market expectations, the overall sales growth of the textile machinery industry in the second half of the year will slow down from the first half of the year.

From January to June of this year, sales in China's textile machinery industry have basically continued the growth momentum since last year. The industry’s total realized main business income was 48.193 billion yuan, an increase of 30.77% year-on-year, an increase of 2.40% compared with the previous period, and an industrial sales value of 48.017 billion yuan. The year-on-year increase was 32.14%; the total profit realized was 3.061 billion yuan, an increase of 34.84% year-on-year.

From the statistical results of the textile machinery market sales survey in the first half of the year, most companies believe that there are two reasons for better product sales in the first half of the year. First, the rigid demand for the market has increased. In particular, the supply of textile products last year was in short supply, and some orders were Sales have shifted to the first half of this year. Second, the market competitiveness of the company's products has increased, which has met the needs of textile companies in product structure adjustment and labor saving.

From the survey results, the equipment that performed well in the first half of the year included knitting equipment, cotton spinning equipment, and chemical fiber equipment. Due to the frequent ups and downs of cotton prices in the first half of the year, many cotton spinning companies changed to chemical fiber projects, which drove the sales of chemical fiber equipment. The cotton spinning equipments such as carding and spun yarns with long-staple spinning, compact spinning, etc., which are characterized by automation, continuousness, and high speed, have met the textile companies' need to increase productivity and reduce the need for equipment transformation. Therefore, they have also become hot topics. . The mechanical and electrical integration of computer flat knitting machine, warp knitting machine and other knitting equipment, driven by the rapid development of the knitting industry, in recent years has always maintained a certain sales advantage.

Although the overall situation of the textile machinery market was good in the first half of the year, the tightening of bank credits this year increased the difficulty of financial investment and operation of textile companies. The inexorable factors such as the sharp fluctuations in cotton prices were similar to Damocles hanging on spinning companies. Sword. In the uncertain situation, most textile companies will choose to wait and see. This will, to a certain extent, lead to a decrease in downstream investment, and thus affect the demand for textile machinery equipment. According to the feedback from the questionnaire survey, even if equipment manufacturers are well sold in the first half of the year, they are still cautiously conservative about the market situation in the second half of the year. Judging from the business-to-market expectations, the overall sales growth of the textile machinery industry in the second half of the year will slow down from the first half of the year.