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The overall operation of the spinning machinery in the first three quarters of 2022 shows an obvious upward trend. Due to the gradual relaxation of epidemic prevention and control policies in foreign countries and regions, especially the textile industry in South Asia and Southeast Asia, which has been in a downturn for the past two years, new projects and increased willingness to upgrade and upgrade equipment have led to a surge in export orders of China's spinning machinery and a record high in many product markets.
Increment reflects the trend of industry
According to industry statistics, in the first three quarters of 2022, in addition to combing machines and roving machines, spinning machines, including carding machines, drawing frames, cotton spinning machines, automatic winding machines, rotary spinning machines, vortex spinning machines and staple fiber doubling machines all showed varying degrees of sales growth.
The sales increment of spinning machinery reflects the trend of industry development well. Such as carding machine products, high speed carding machine sales in the total accounted for 89%; Among drawing frame products, the sales volume of autolevellers accounted for nearly 45.9% of the total. In terms of roving frame products, the sales volume of products with thickness and fine devices accounted for about 51.4% of the total; Among the 3.9 million ingot sales of cotton spinning frame, the sales of equipment equipped with collective doffing devices accounted for more than 90 percent of the total. In addition, about 3.9 million ingot were sold in agglomeration spinning units, up 2.6 percent year on year, among which agglomeration spinning units with spinning frame hosts sold about 2 million ingot, accounting for about 51.3 percent of the total.
From these data, the textile industry high quality, efficient development trend is obvious. With the further promotion of transformation and upgrading of the domestic textile industry, the demand heat of enterprises for short-process equipment has not decreased, and the sales of rotary spinning machine and jet swirl spinning machine have reached the best level in the history of the same period, thus driving the demand for pre-spinning equipment.
High cost performance results in rising exports
In fact, from 2012 to 2022, the import of spinning machinery (main engine, equipment, auxiliary devices and spare parts) showed an obvious downward trend, while the export showed an overall upward trend. In 2022, the export of spinning machinery exceeded the import for the first time.
According to the statistics of the Spinning Machinery Association, in the first three quarters of 2022, the total export volume of spinning machinery machines was 720 million US dollars, up 88.2% year on year, among which the export volume of ring spinning machines increased 123.9% year on year, and the export volume of rotary spinning machines increased 124.6% year on year, both reaching a record high. The export of spinning equipment, special spare parts and auxiliary devices was US $239 million, up 31.3% year on year.
In the five years from 2017 to 2021, domestic spinning machinery has shown strong competitiveness in many overseas markets: Domestic equipment accounted for over 20% of the total volume of imported spinning machinery in Pakistan (5-year average), over 23% in India, over 25% in Uzbekistan, over 29% in Bangladesh, over 32% in Indonesia, and almost 47% in Vietnam. With the continuous improvement of the quality and technology of domestic spinning machinery, it is constantly showing new competitiveness.
In the future, the industry will face the slowdown of economic growth, and the macro policy hedging will gradually weaken. Income is down, consumer spending is down; Despite the ongoing impact of the Xinjiang-related Bill, the Chinese economy remains on a steady and sound path, and the impact of China-Us economic and trade frictions is generally under control. Trade cooperation on the "RCEP" and the "Belt and Road" Initiative continues to deepen... These favorable factors will provide strong support for the good development of the industry.
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