Hemp spinning: the export slows down the raw material import first appears negative growth
In 2015, China's hemp textile industry continued its "slow growth" new normal, characterized by slower industry growth, excessive corporate tax burden and cost, less obvious investment driving effect, and slower import and export growth. It is expected that the growth of hemp textile industry will continue to slow down in 2016. Enterprises need to practice more "internal skills", adhere to innovation-driven, attach importance to the construction of "three products project" of quality, brand and variety, and speed up transformation, upgrading and technological transformation.
The growth rate of main business income slowed down
According to the data of the National Bureau of Statistics, from January to November, 2015, the main business income of 293 flax textile enterprises in China has accumulated 51.476 billion yuan, up by 8.32% compared with 47.524 billion yuan in the same period of last year, and the growth rate has been lower than 10% for two consecutive years. Moreover, the growth rate is mainly due to customs export, and the export delivery value has increased by 18.33% year-on-year. The accumulative cost of main business was 45.294 billion yuan, up 8.32% from 41.814 billion yuan in the same period of last year, with a growth rate of 2.9 percentage points. Among them, taxes and additional costs of main business increased 19.17% year on year, much higher than 7.5% of the textile industry. Interest expenditure increased 12.29% year on year, much higher than -3.97% of the textile industry. It indicates that the tax burden of hemp textile enterprises is too heavy and the financing cost is too high.
In spite of this unfavorable environment, the flax textile industry, through optimizing management, consolidating export and expanding domestic demand market, finally realized a total accumulative profit of 2.966 billion yuan, an increase of 15.50% compared with 2.568 billion yuan in the same period last year.
Investment pull effect is not obvious
According to the National Bureau of Statistics, 2015 1 ~ 11 months, textile enterprises above designated size completed investment of 548.191 billion yuan, up 13.42% year on year, among them, the linen textile enterprises above designated size the total investment of 12.195 billion yuan, up 16.78% from a year earlier, but the investment direction mainly focus on the linen weaving dyeing and finishing and processing industry, year-on-year growth of 187.98% and 24.36%, respectively, for restricting the development of linen textile industry before spinning processing and yarn investment fell 3.97% year on year, presents the negative growth. The significant reduction of investment in precursor textile will have a negative impact on the technical bottleneck of hemp textile industry, especially the ramie industry and jute industry with relatively backward equipment, and the investment pulling effect is not obvious.
Import and export growth slows
According to customs statistics, from January to November 2015, the total import and export volume of China's hemp textile industry reached 2.524 billion US dollars, an increase of 3.30% over the previous year's 2.443 billion US dollars, with the growth rate dropping by 19.81 percentage points.
Import negative growth for the first time, flax raw materials as the main pulling force. According to customs statistics, from January to November 2015, the total import volume of China's hemp textile industry was 797 million US dollars, with a year-on-year decrease of 1.93% and a growth rate of 29.34 percentage points, showing negative growth for the first time in five years.
The accumulated import amount of hemp raw materials was US $638 million, down 3.52% compared with the same period last year. The accumulated import amount of bast yarn was USD 94,9114, up 3.02% year on year. The total import amount of hemp fabric was US $48.1714, down 4.05% year on year. The total import amount of hemp products reached 16.19904 million US dollars, up 73.24% year-on-year. From January to November in 2015, the cumulative import volume of hemp raw materials reached 750,100 tons, with a year-on-year growth of 0.56%. The total import quantity of bast yarn was 104,400 tons, down by 7.12% year on year. The total import volume of hemp fabrics reached 90,686,800 meters, up 23.25% year on year.
From the data of import amount and import quantity, it can be seen that raw linen is the main imported product, accounting for 80.05% of the total import amount, showing a negative growth for the first time in five years. The main import categories are flax and jute raw materials, among which the cumulative import amount of flax raw materials from January to November was 169,100 tons, with a year-on-year increase of 10.34%, and the cumulative import amount was 403 million US dollars, with a year-on-year increase of 0.36%. The accumulative import amount of jute raw material was 23,300 tons, down 25.75% year-on-year, and the accumulative import amount was US $14,535,800, down 14.26% year-on-year. It can be seen from the raw material import that the production and processing situation of flax textile enterprises is relatively good, increasing year by year, while jute textile processing industry is gradually shrinking due to various influences.