Overall Industry Performance
From January to April 2024, the technical textiles industry maintained a positive development trend. The growth rate of industrial added value continued to expand, with key economic indicators and major sub-sectors showing improvement. Export trade also sustained steady growth.
Product-Specific Performance
• Industrial Coated Fabrics: Achieved the highest export value at $1.64 billion, marking an 8.1% year-on-year increase.
• Felts/Tents: Followed with $1.55 billion in exports, although this represented a 3% year-on-year decrease.
• Nonwovens (Spunbond, Meltblown, etc.): Performed well with exports totaling 468,000 tons valued at $1.31 billion, up by 17.8% and 6.2% year-on-year, respectively.
• Disposable Sanitary Products: Experienced a slight decline in export value at $1.1 billion, down 0.6% year-on-year. Notably, female sanitary products saw a significant decrease of 26.2%.
• Industrial Fiberglass Products: Export value increased by 3.4% year-on-year.
• Sailcloth and Leather-Based Fabrics: Export growth narrowed to 2.3%.
• Wire Rope (Cable) and Packaging Textiles: Decline in export value deepened.
• Wiping Products: Strong overseas demand with wiping cloths (excluding wet wipes) exporting 530million,up19530million,up19300 million, up 38% year-on-year.
Sub-Field Analysis
• Nonwovens Industry: Operating revenue and total profit for enterprises above designated size increased by 3% and 0.9% year-on-year, respectively, with an operating profit margin of 2.1%, unchanged from the same period in 2023.
• Ropes, Cords, and Cables Industry: Operating revenue increased by 26% year-on-year, ranking first in the industry, with total profit up by 14.9%. The operating profit margin was 2.9%, down by 0.3 percentage points year-on-year.
• Textile Belt, Cordura Industry: Enterprises above designated size saw operating income and total profit increase by 6.5% and 32.3%, respectively, with an operating profit margin of 2.3%, up by 0.5 percentage points.
• Tents, Canvas Industry: Operating income decreased by 0.9% year-on-year, but total profit increased by 13%. The operating profit margin was 5.6%, up by 0.7 percentage points.
• Filtration, Geotextiles and Other Industrial Textiles: Enterprises above scale reported operating income and total profit increases of 14.4% and 63.9%, respectively, with the highest operating profit margin of 6.8%, up by 2.1 percentage points year-on-year.
Nonwoven Applications
Nonwovens are extensively used in various sectors including medical industry protection, air and liquid filtration and purification, household bedding, agricultural construction, oil absorption, and specialized market solutions.
Post time: Dec-07-2024
