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Prospect Of Textile Machinery And Equipment Export
Oct 19, 2016

In 2015, China's macro-economy and the effects of slowing growth in the textile industry, textile machinery industry face a situation of falling domestic demand and export growth slowed. Domestic market environment is not ideal, rising factor costs, periodic structural excess capacity in some industries make old modes of production challenges, business pressure.

2015 years ago third quarter run textile machinery industry as a whole is characterized by: business income, gross profit growth, weak growth in exports, investment in fixed assets fell slightly, new project per cent growth.


In recent years, Enterprise increasingly attention on abroad market of development and input; textile raw materials both at home and abroad price poor still larger, India and the Southeast Asia textile of competition advantage appeared, textile capacity expansion obviously; foreign-funded enterprises in China investment expanded its products series of production, as global main of suppliers, service China and overseas user; domestic spinning machine of high price and adaptability, meet has abroad market of needs; domestic textile enterprise in overseas investment built factory, led has equipment export.


2016 the development prospects of textile machinery and equipment

Judging from the external situation next year, Europe and Japan slow market recovery, Euro-yen might continue bilateral, multilateral trade agreements continued to ferment, foreign orders will continue; export growth is still weak, overall trade patterns, will continue to expand its international market share in China, but textile and clothing market share will continue to shrink.

After the implementation of the TPP agreement, commodity prices of China's textile industry will be hard and compete within the TPP free trade in goods, the export share may shrink.

But for textile machinery and equipment exports is a big opportunity in Viet Nam, for example, its upstream textile raw materials 50% to be imported from China. After the implementation of the agreement, Viet Nam would have to give up yarn imports from China in favour of domestic or other TPP countries imports. But Viet Nam labour costs for the domestic 1/2 and technical equipment, industry, labor efficiency and is not yet mature. Which led to China's textile export will decline, but the textile equipment new growth appears.

Judging from the domestic market, due to the growth in garment production is much lower than the growth of chemical fiber, yarn, inventory could continue to increase next year, the situation could be even more severe.

Export markets in recent years, China's textile machinery exports increased since April 2015 textile machinery product exports have been going more than import amount. China textile machinery products rely on practical, cost-effective high has gradually opened some overseas markets, "along the way" the implementation of the strategy will bring new opportunities to China's textile machinery exports.


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