In the first three quarters of 2020, China’s industrial textile industry continued to maintain a medium to high-speed development, and the industrial added value of enterprises above designated size increased by 59.5% year-on-year.

In terms of production, from January to September, the output of nonwovens of enterprises above designated size reached 4,275,900 tons, a year-on-year increase of 14.03%; the output of cord fabrics was 439,500 tons, a year-on-year decrease of 12.43%.

 

In terms of economic benefits, from January to September, the operating income and total profits of enterprises above designated size in the industry were 232.303 billion yuan and 28.568 billion yuan, respectively, with an operating profit rate of 12.30%, an increase of 7.49 percentage points year-on-year.

 

In terms of different fields, the nonwovens industry continued to maintain good development, with operating income and total profit reaching 128.791 billion yuan and 19.774 billion yuan respectively. The 15.35% operating profit rate was the highest in the industry, an increase of 10.66 percentage points from the same period last year; the operating income of the threads, ropes and belts textiles increased by 7.42% year-on-year, and the total profit decreased by 6.98% year-on-year; due to the recovery of downstream markets such as clothing and automobiles, and the large number of textile orders from Southeast Asia flowing to the country, although the operating income and total profit of belts textiles and cord fabrics decreased by 14.75% and 23.18% year-on-year, the decline is gradually narrowing; operating income of canvas and tarp textiles decreased by 2.21% year-on-year, the total profits increased by 15.62% year-on-year, and the profitability of the industry continued to improve in the third quarter; the operating income and total profits of medical and hygiene textiles, filtration textiles, and geotextiles increased by 36.33% and 189.92%, respectively. The operating profit margin reached 12.58%, continuing to maintain a relatively high level.

 

In terms of listed companies, the operating income of 30 listed companies in the industry increased by 36.63% year-on-year, and their total profits increased by 176.45% year-on-year. Among them, listed companies in the fields of nonwovens, medical and hygiene textiles, and building and construction textiles have developed well.

 

In terms of exports, from the perspective of the main export products of the industry, from January to September, the export of nonwovens was 969,000 tons, worth USD 3.6 billion, up 26.2% and 57.3% year-on-year respectively; the export of disposable sanitary products was USD 1.606 billion, up 5.77% year-on-year. The export of anti-pandemic materials continued to grow. Among them, the export value of masks was about USD 43 billion, the export value of nonwovens protective clothing was USD 9.464 billion, and the export value of medical dressings was USD 699 million.