When the severe cold in nature hits again, my country's sewing machinery industry has seen a new dawn in the severe cold. As the impact of the global financial crisis fades away, domestic and international demand has gradually shown a slow recovery trend. Although the cumulative production and sales of my country's sewing enterprises above designated size are still at a double-digit year-on-year decline, the decline has clearly narrowed month by month. September was the first month in 18 months to show monthly year-on-year growth, and the same was true for industry exports. As the global economy gradually comes out of its trough, the decline in industry exports has also become a contraction trend. Although the overall economic operation level of the industry has not recovered to the best level in history, it has gradually stepped out of the lowest point and the industry foundation has been further consolidated.
1. Operation
1. The output value continues to decline, but the decline is significantly narrowed
According to data from the National Bureau of Statistics, in the first three quarters of 2009, 420 enterprises above designated size in my country's sewing machinery industry completed a total industrial output value of 15.7 billion yuan, a year-on-year decrease of 15.20%, and a decrease of 10 percentage points from the decline in the first half of the year. The sales output value was 15.6 billion yuan, down 20.91%, 5 percentage points slower than the first half of the year, and the production-sales ratio was 98.5%. The company’s main business income was 15.3 billion yuan, a drop of 14.66%, 12 percentage points lower than the first half of the year; the average number of all employees was 338,000, a decrease of 10.78%, 3 percentage points lower than the first half of the year. The industry is still hovering at a low level, but the decline of various indicators has significantly narrowed compared with the beginning of the year, and the industry situation is relatively easing.
2. Production decline slowed down, and the month-on-month increase
According to the statistics of the National Bureau of Statistics, in the first three quarters of 2009, 422 above-scale production enterprises in my country's sewing machinery industry produced a total of 7,185,500 sewing machines, a decrease of 22.15% year-on-year.
According to the statistics of 96 key enterprises in the industry by the China Sewing Machinery Association, the total output of my country’s sewing machinery from January to September was 3.77 million units, a year-on-year decrease of 27.69% and a month-on-month comparison of 1.24 in the second quarter. Among all kinds of sewing machinery products, except for the packaging machine and multi-function household machine, the output of all other products has been reduced across the board, with an average drop of more than double digits.
Among them, the output of household sewing machines was 1.55 million units, a year-on-year decrease of 2.66%, which was 1.18 compared with the second quarter; the output of industrial sewing machines was 2.14 million units, a decrease of 37.66%, which was 1.18 compared with the second quarter; the output of clothing machinery was 80,000 units, a decrease of 36.68%. Compared to the second quarter, it was 1.12. Among household sewing machines, 410,000 ordinary household sewing machines were produced from January to September, a decrease of 12.76%; 1.14 million multifunctional household sewing machines were produced, an increase of 3.1%.
Among the industrial sewing machines, 959,075 high-speed lockstitch sewing machines were produced from January to September, a decrease of 38.55%; 62,344 medium-thick material lockstitch machines, a decrease of 38.50%; 294,992 high-speed overlock sewing machines, a decrease of 32.65%; medium-speed overlock sewing machines There were 59,630 machines, a decrease of 53.70%; 101,244 interlock sewing machines, a decrease of 40.98%; 123,490 sealing machines, an increase of 17.3%; 4431 buttonhole machines, a decrease of 24.97%; 18,284 button sewing machines, a decrease of 35.11%; zigzag sewing machines 50365 sets, down 46.93%; 43195 sets of blind stitch machines, down 35.8%; 46,581 sets of double needle machines, down 41.76%; 2985 sets of single-head embroidery machines, down 63.54%; 8,202 sets of multi-head embroidery machines, down 22.45%; live There were 19,841 sewing machines with control devices, a decrease of 38.58%.
The cumulative sales of sewing machinery were 3.5 million units, a decrease of 29.47%, of which 1.52 million household sewing machines, a decrease of 1.82%; industrial sewing machines, 1.91 million units, a decrease of 37.91%; and 70,000 clothing machinery, a decrease of 40%.
3, the decline in imports and exports remains, and the decline has been slightly reduced
In the first three quarters of 2009, the international sewing machine market demand remained weak, and the import and export of industry products continued to shrink. According to customs statistics, the total foreign import and export trade of my country's sewing machinery (excluding equipment before and after sewing) and parts from January to September was US$980 million, a decrease of 27.94% compared with the same period of the previous year, and a decline from the first half of the year 6 Percentage points. Among them, exports were US$850 million, down 25.23%, 3 percentage points slower than the decline in the first half of the year; imports were US$130 million, down 41.16%, and 10 percentage points slower than the decline in the first half of the year.
In terms of export products, my country exported 5.89 million complete machines, a decrease of 27.54%, and the export value was US$760 million, a decrease of 23.51%. Among them, the export of embroidery machines was nearly 40,000 units, a decrease of 11.12%, and the export value was US$300 million, an increase of 7.28%; the export of household sewing machines was 4.43 million units, a decrease of 26.15%, and the export value was US$200 million, a decrease of 21.36%; the export of industrial sewing machines was 142 10,000 units, a decrease of 31.86%, and the export value was US$260 million, a decrease of 43.16%. The export of sewing machine parts was 90 million US dollars, a decrease of 37.41%.
In terms of imports, my country’s total imports of sewing equipment totaled US$130 million, a year-on-year decrease of 41.16%. Among them, 79,000 complete sewing machines were imported, a decrease of 25.13%, and imports were US$80 million, a decrease of 35.71%. Imported sewing machine parts were US$50 million. A decrease of 48.84%.
4. Unit prices continue to fall and industry losses expand
Compared to the first three quarters, market demand rebounded slightly in the first three quarters, but the average product price continued to fall. Among all kinds of products, the average export price of embroidery machines has risen due to the change in the proportion of their export varieties, and the average export prices of other sewing machinery products have shown a downward trend, and export profits have been further compressed. Occurred, and the benefits of industry enterprises have further deteriorated.
According to data from the National Bureau of Statistics, in the first three quarters of the sewing machine industry, 417 above-scale production enterprises completed a total of 760 million yuan in profits and taxes, a decrease of 23.39%; a total profit of 410 million yuan, a decrease of 25.52%; of which 136 loss-making enterprises were The same period last year increased by 41.67%, accounting for one-third of the total number of enterprises. The total loss was about 220 million yuan, a year-on-year increase of 32.32%. The industry's losses continued to expand.
2. Features and problems
1. Demand is picking up, but stamina is insufficient
Although various indicators of the industry have experienced negative year-on-year growth, their range has narrowed month by month. Take the output value, for example, from a decline of nearly 60% in January 2009, narrowing to 30-40% in the second quarter, 10-20% in the third quarter, and positive growth in September. Especially since the beginning of September, various domestic and foreign measures to deal with the financial crisis have gradually come into effect, and the market demand driven by the policy has shown a slow recovery. According to the data collection of 96 companies in the industry by the China Seamers Association, in September, the various indicators of my country's sewing machinery increased for the first time in the past two years. The total industrial output value increased by 6.15% year-on-year, and the industrial sales output value increased by 16.57% year-on-year. A year-on-year increase of 9.34%, the industry’s production and sales all showed a year-on-year growth trend, and the trend of stabilization and recovery has become more obvious, and the momentum of recovery is beginning to show.
However, the current downstream industries such as international textiles and garments have not shown a clear recovery trend. Although my country's textile and apparel industry has been greatly driven by policies and has shown a positive short-term rebound, the spontaneous market demand has not yet fully recovered, and the foundation for the recovery is not yet solid. Especially since October, my country's garment exports and garment exports have repeatedly encountered trade barriers such as recalls, down 16.34% year-on-year, and the rate of decline more than doubled compared with September. This has further weakened the competitiveness of exports, the development prospects are still faced with many uncertainties, and the stamina for demand recovery is insufficient.
2, the pace of product structure adjustment is accelerating
According to the statistics of 96 key enterprises in the industry by the China Sewing Association, in September, 96 key enterprises completed the output of 500,000 units and the output of 310,000 industrial machines. Among them, more than 30,000 sewing machines with electric control devices accounted for 10% of the total output of industrial machines. %, an increase of 60% over the same period last year, double-needle machines and buttonhole machines increased by about 40%, and medium-weight material machines increased by about 30%, indicating that the production capacity and demand for mechatronics products and special sewing equipment are increasing. The pace of product adjustment to high value-added structure is accelerating. In addition, the output of multifunctional household sewing machines in the industry in the first three quarters reached 1.14 million units, a year-on-year increase of 3.10%, indicating that the people's daily consumption level will continue to rise and the economic situation will continue to improve.
3. The competitive environment needs to be improved
The current industry adjustment and transformation speed is accelerating, and the pressure for survival and development of enterprises is increasing. The homogeneity of product structure, the homogeneity of competition models and development strategies, and the structural excess and shortage of production capacity determine the current low-price competition as the main competition of some enterprises. Means, the product price war has become more and more fierce, and further weakened the company's sustainable development ability and profitability.
On the other hand, some foreign companies and distributors have low-priced customs declarations to evade taxes to reduce costs and obtain profits. This has intensified vicious competition in the market. In this difficult period, most companies are facing serious problems such as financing difficulties, insufficient development liquidity, lack of capital investment for innovation and technological transformation, and insufficient efforts to promote corporate restructuring and transformation, which has slowed down the industry adjustment to a certain extent. The promotion of transformational strategic measures.
4. Favorable policies fail to really benefit the enterprise
In the first half of the year, the country has successively introduced a series of favorable policies to support the industry. However, the implementation effects of the policies vary from place to place, and some policies have not really benefited enterprises. For example, the loan financing problem of small and medium-sized enterprises has not been fundamentally solved, and the supportive policies such as scientific and technological projects and technological transformation projects encouraged by the state can enable sewing machine enterprises to get even less "porridge". .
Three, the next trend forecast
Judging from the current international economic situation, the economic stimulus measures introduced by various countries are showing their effects, and some consumer demand is gradually being released. However, it will take time to achieve a full recovery of the economy. It is expected that industry exports will still be in a negative growth stage by the end of the year.
On the domestic front, the stabilization and recovery trend of textile and apparel, shoes and hats industries is becoming clearer. According to statistics from the National Bureau of Statistics, my country's textile industry and investment in the textile and apparel, shoes and hat manufacturing industries increased by 10% and 15.4% respectively in the first three quarters. The increase in investment will likely bring about an increase in market demand. At the same time, in the near future, various departments of the State Council will plan to invest billions of dollars in special funds to comprehensively promote the construction of my country's clothing and home textile independent brands, which will stimulate the demand for advanced equipment updates to a certain extent.
my country's textile and apparel export situation is still not optimistic. According to data released by the General Administration of Customs a few days ago, from January to October 2009, my country's textile and apparel exports totaled US$136.29 billion, a year-on-year decrease of 11.32%, and the rate of decline expanded by 0.15 percentage points from September. Therefore, it is expected that there will be no significant changes in domestic market demand in the near future, and there may be a phased rise in demand on the basis of stabilizing demand. Based on the above factors, it is expected that from the end of the year to the beginning of next year, various indicators of the industry will fluctuate and rise, and the entire industry is expected to show a stepwise trend of recovery.