China’s nonwoven market on steady growth path
According to a survey conducted by China Nonwovens and Industrial Textile Association (CNITA), the production index of the industry in the first three quarters is 61.2, still within the growing range, but it is lower than the 67.3 in the first-half year, staying at bottom level in recent years.
According to a survey conducted by China Nonwovens and Industrial Textile Association (CNITA), the production index of the industry in the first three quarters is 61.2, still within the growing range, but it is lower than the 67.3 in the first-half year, staying at bottom level in recent years. The low production index, experts say, is because of slower growth of domestic demand resulting from the downward pressure of domestic macro-economy and the weaker demand of major economies in the world.
Data from the National Bureau of Statistics (NBS) show that in the first three quarters of this year, nonwoven fabric producers above designated size (with annual turnover more than CNY 20 million) produced nearly 3.21 million tonnes of nonwoven fabric, up 15.57 per cent over the same period of last year, accelerating about 6 percentage points compared to the first-half year and over 10 percentage points compared to same period of last year.
China’s all major nonwoven fabric producing regions maintained steady growth, and especially, the nonwoven fabric production in Shandong Province increased nearly 30 per cent, consolidating its position as the number one nonwoven fabric producer in China.
In the first three quarters, China’s exports of technical textiles dropped slightly by 0.91 per cent from a year earlier to $15.28 billion. Among major exported products, only the exports of medical and hygienic textiles as well as awnings increased in value term, while the exports of other products dropped by various degrees. For example, the exports of plastic-coated fabric and nonwoven fabric dropped by 3.3 per cent and 3.2 per cent respectively. Marketwise, owing to its economic recovery, the US market played an important role in maintaining the steady growth of China’s technical textile exports.
In January-September, China’s export to the US market grew 6.9 per cent year-on-year. Meanwhile, the exports to Vietnam and the ROK edged up 1.9 per cent and 3.7 per cent respectively. China’s technical textile export to Japan, the second largest market, dropped by 3.8 per cent, and the exports to India and Germany declined 11.2 per cent and 9.3 per cent respectively.
In the first three quarters, China’s import of technical textiles grew 5.34 per cent year-on-year to $3.39 billion. The rising import is mainly contributed by the 87.8 per cent rise in the import of diapers. Without the diaper import, the total import would drop 9.3 per cent from a year earlier.