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Zhejiang Yanpeng Nonwoven Machinery Co., Ltd

Address: Wanchuan Road, Binhai New District, Pingyang County ,Zhejiang, China

Tel: 0086-577-58198758

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Zhejiang Yanpeng Nonwoven Machinery Co., Ltd

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The economic operation of China's industrial textile industry in 2020

Jan.2021 | Company News
  In 2020, in the face of the sudden new crown pneumonia epidemic, my country's industrial textile companies responded quickly and bravely to take responsibility, and fully invested in the production and guarantee of anti-epidemic materials such as masks, protective clothing, and disinfection wipes, driving the production, sales, export and export of the entire industry. Profits have increased substantially.  According to data from the National Bureau of Statistics, the industrial added value of enterprises above designated size in my country's industrial textile industry will increase by 54.1% in 2020.


  In terms of production, non-woven fabrics are the main raw materials for masks, protective clothing and disinfection wipes. The annual output of non-woven fabrics of enterprises above designated size reached 5.791 million tons, a year-on-year increase of 15.8%.


  In terms of economic benefits, in 2020, the total operating income and total profits of enterprises above designated size in the industrial textile industry in my country will be 319.84 billion yuan and 36.53 billion yuan, an increase of 32.6% and 203.2% year-on-year, respectively. The operating profit rate is 11.4%, an increase from the same period last year. 6.4 percentage points.


  In terms of fields, in 2020, the operating income and total profits of nonwovens enterprises above designated size will reach 175.28 billion yuan and 24.52 billion yuan, an increase of 54% and 328.1% year-on-year, respectively, and an operating profit rate of 14%, an increase of 9 from the same period last year.  Percentage points; the operating income and total profits of other industrial textiles where medical and health, filtration, and geotextiles are located increased by 35.4% and 175.1%, respectively, and the operating profit margin was 12.3%.


  The operating income of ropes, cables, and cables that are not highly related to epidemic prevention materials increased by 6.9% year-on-year, and the total profit decreased by 3.3% year-on-year; the operating revenue and total profit of textile belts and cord fabrics decreased by 11.8% and 18.2% respectively;  Its operating income and total profit increased by 5.3% and 16.5% respectively year-on-year.


  In terms of international trade, my country exported 1.289 million tons of non-woven fabrics in 2020, valued at US$5.05 billion, an increase of 32.2% and 62.5% respectively year-on-year.  The export of disposable sanitary products such as diapers and sanitary napkins was US$2.27 billion, a year-on-year increase of 8.6%.  From March 2020 to the end of 2020, my country has exported 224.2 billion masks globally, including 65 billion medical masks; exported 2.31 billion pieces of protective clothing, including 773 million pieces of medical protective clothing.  The annual export value of masks and protective clothing is about 63.5 billion US dollars.

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