China's Printing and Dyeing Industry 2019 Annual Report What opportunities and challenges does it bring us？

From January to December 2019, the output of printing and dyeing fabrics of printing and dyeing enterprises above designated size in China was 53.763 billion meters, an increase of 2.80% year-on-year, and the growth rate was 0.17 percentage points higher than that in 2018.

During the period, the three-fee ratio of printing and dyeing enterprises above designated size was 6.72%, an increase of 0.16 percentage points year-on-year, of which cotton and dyeing and finishing enterprises were 6.44% and chemical fiber fabric dyeing and finishing enterprises was 8.92%; Increased 0.39 percentage points; sales profit margin was 5.59%, an increase of 0.30 percentage points year-on-year; finished product turnover rate was 21.72 times/year, a year-on-year decrease of 0.80%; account receivable turnover rate was 8.17 times/year, an increase of 8.74% year-on-year; The total asset turnover rate was 1.10 times/year, an increase of 1.44% year-on-year.

According to the data released by the National Bureau of Statistics, from January to December 2019, 1,633 printing and dyeing enterprises above designated size achieved 283.153 billion yuan in main business income, an increase of 0.83% year-on-year, and the growth rate fell by 2.15 percentage points from 2018; Yuan, an increase of 6.49% year-on-year, a growth rate of 11.44 percentage points lower than in 2018; the main business cost was 242.481 billion yuan, a year-on-year decrease of 0.58%, accounting for 85.64% of the main business income; the export delivery value was 41.469 billion, A year-on-year increase of 0.31%.

From January to December 2019, there were 309 loss-making enterprises in printing and dyeing enterprises above designated size in China, with a loss of 18.92%, an increase of 1.25 percentage points from 2018; the total loss of loss-making enterprises was 1.711 billion yuan, an increase of 9.76% year-on-year, growth rate This is an increase of 21.24 percentage points from 2018.

During the period, the import volume of the eight categories of printing and dyeing products was 878 million meters, a year-on-year decrease of 12.62%, and the growth rate fell by 8.40 percentage points from 2018; the import value was 1.727 billion US dollars, a decrease of 10.94%, and the growth rate fell by 7.69 percentage points from 2018; The average unit price of imports was the US $ 1.97 / m, a year-on-year increase of 1.92%, and the growth rate was 0.86 percentage points higher than in 2018. The export volume of the eight major printing and dyeing products was 26.823 billion meters, an increase of 12.83% year-on-year, and the growth rate was 10.13 percentage points higher than that in 2018; the export value was the US $ 27.417 billion, an increase of 8.75% year-on-year, and the growth rate was 1.24 percentage points higher than in 2018; the average export The unit price was the US $ 1.02 / m, a year-on-year decrease of 3.62%, and the growth rate fell 8.57 percentage points from 2018.

In 2020, the domestic and international situation facing the printing and dyeing industry will become more complex and grim. The new coronary pneumonia epidemic has brought the most severe challenges to the global economy since the 2008 financial crisis.

But during this crisis, chance also exists. Change is imminent. For our apparel processing customers，the rising price of raw materials requires us to continuously improve the utilization rate and reduce waste as much as possible.

In the short term, the demand for apparel may decline, but in the long run, apparel, as a necessity, remains strong. China's economy will get better and better in the long run, and this huge market is worthy of our customers to explore

We are a supplier specializing in automated laser processing solutions for fabric processing. Whether it is clothing, related accessories, even masks, protective clothing, etc. Our automation machine can be used flexibly to meet your flexible material production needs in different periods. Why not contact us for more information?