[The industry is facing a severe situation, but the whole industry has maintained stable development]
Release date:[2024/1/26] Read a total of [86] time

In 2023, due to weak external demand, complex trade environment, high production costs and other factors, the wool textile industry production, efficiency, investment and other major operating indicators have weakened growth, export pressure has increased significantly. Despite the severe and complex environment and external pressure, the overall benefits of the wool textile industry are stable, the main data show growth, and the industry operation shows strong resilience.

The operation of the industry shows strong resilience


According to the operation of the wool textile industry from January to November 2023 released by the China Wool Association, in 2023, although the industry is facing a severe situation, the whole industry still maintained stable development. As of November 2023, the operating income of wool textile and dyeing and finishing industries above designated size increased by 8.8% year-on-year, and the growth rate rebounded, second only to the rapid recovery growth rate in 2021. The total profit of wool textile and dyeing and finishing industries above designated size increased by 15.7% year-on-year, and the average profit rate of the industry was 4.0%.

In terms of import and export, Liu Jiaqiang introduced that the wool textile industry as a highly globalized division of labor and regional industrial cooperation industry, in the past few years, the global industrial chain has been continuously adjusted, and the import share of China's wool textile raw materials and products in the United States, the European Union and Japan market has been reduced since 2023.

According to the statistics of China Wool Textile Industry Association, as of January to November 2023, exports of wool textile raw materials and products were 11.2 billion US dollars, down 1% year-on-year, and exports showed a gradual slowdown. In terms of export market, the United States is still the most important export market, and its export share has increased, accounting for 23% of the total exports of woolen textile products, mainly reflected in the growth of carpet exports, while exports of woolen knitting and woolen woven clothing have declined significantly. Exports of woolen products to the EU were also basically stable, with a year-on-year increase of 0.3%, accounting for about 20%. Exports to ASEAN, another major market, declined, down 11% year-on-year, accounting for 12% of the decline of 1.4 percentage points, mainly reflected in the rapid decline in wool yarn and wool fabric exports to ASEAN.

In the first 11 months of 2023, the import value of woolen raw materials and products declined rapidly, with a total import value of about 3.8 billion US dollars, down 7.8% year-on-year. In the same period, wool imports of 272,000 tons, an increase of 2.5%, imports of 1.88 billion US dollars, down 9.8%. Imports of wool from several major wool-producing countries have increased.

Liu Jiaqiang introduced that in the complex situation, the entire wool textile industry shows strong toughness under pressure. In the next step, the industry should continue to base itself on the new development stage, closely adhere to high-quality development, constantly consolidate manufacturing advantages, strive to improve basic capabilities and modernization level, actively carry out industry dialogue and exchanges, use international organizations and other platforms to make industry voices and show industry image internationally, create an international environment conducive to the development of China's wool textile manufacturing industry, and expand the circle of friends for international cooperation. Achieve a new situation of high-quality development of the industry.


Declaration: The content of this article is organized from the Internet, and the copyright belongs to the original author; If there is infringement, please inform in time and contact to delete.


Relevant keywords:
Tel:0086-0595-83993333     Cel:0086-13506902333     E-mail:admin@jqfibre.com    Add:Longshi Road, Fashion Apparel Industrial Park, Longhu Town, Jinjiang City, Fujian
All rights reserved Jinjiang Deke Textile Co., Ltd. Technical support:China polypropylene network