Analysis on the development status and market scale of China's textile industry in 2022 The overall

Core data of this paper: prosperity index of textile industry, industrial added value of enterprises above designated size in textile industry, and output of various products of enterprises above designated size in textile industry

1. The prosperity of China's textile industry continues to rise

Since 2021, supported by the overall stable situation of domestic epidemic prevention and control and the recovery of domestic and foreign markets, the prosperity of the textile industry and the level of capacity utilization have continued to improve steadily. In the fourth quarter of 2021, the prosperity index of China's textile industry was 62.3, 3.6 percentage points higher than that in the third quarter. The main reason is that the domestic epidemic situation has been well controlled. The National Day holiday, the "Double 11" e-commerce promotion, the promotion of New Year commodities and other factors have led to the continuous recovery of the consumer market. The textile industry enterprises have shown strong resilience and vitality. China's textile industry has recovered steadily.

2. China's textile production keeps growing

In terms of production, the industrial added value of textile enterprises above designated size will increase by 4.4% year on year in 2021, 7 percentage points higher than that in 2020.

In terms of the production of subdivided products, the output of chemical fiber, yarn, cloth and clothing of textile enterprises above designated size will increase by 9.1%, 8.4%, 7.5% and 8.4% year on year respectively in 2021.

3. China's textile demand side consumption has been released steadily, and textile and clothing exports have reached a new high

Since 2021, China's national economy has steadily released its potential to drive consumption. Driven by more than half a year of holidays in the first half of the year, the domestic demand market for textiles and clothing has recovered steadily, and its role in driving the steady recovery of the industrial economy has increased. According to the data of the National Bureau of Statistics, in 2021, textile enterprises above designated size will achieve an operating income of 5174.9 billion yuan, up 12.3% year on year; The total profit was 267.7 billion yuan, up 25.4% year on year.

In 2021, China's textile and clothing exports will reach 315.5 billion US dollars, an increase of 8.4% year on year, a historic high. Among them, the textile export reached 145.2 billion US dollars, down 5.6% year on year; Garment exports reached US $170.3 billion, up 24% year on year.

On the whole, in 2021, the prosperity of China's textile industry will increase, production and demand will recover, and the export volume of products will reach a new high. The overall operation of the industry is stable.

For the above data and analysis, please refer to the Analysis Report on Market Foresight and Investment Strategic Planning of China's Textile Industry issued by the Foresight Industry Research Institute. At the same time, the Foresight Industry Research Institute also provides solutions such as industrial big data, industrial research, policy research, industrial chain consulting, industrial atlas, industrial planning, park planning, industrial investment promotion, IPO investment raising feasibility study, IPO business and technology writing, IPO working paper consulting, etc.