Textile Machinery Market

Textile machinery market

01/ Spinning machinery

The 44th issue of the International Textile Machinery Delivery Statistics Report released by ITMF shows that the total number of spinners shipped worldwide increased by about 4 million units to 7.61 million units in 2021. Most of the new spinning frames (90%) were shipped to Asia and Oceania, with deliveries up 115%. There was a 41 per cent increase in shipments to Europe (mainly to Turkey), with relatively few shipments. China, India, Pakistan, Turkey, Uzbekistan and Bangladesh are the six leading investment countries in the spinning frame market.

In 2021, the global shipment of air flow spinning was 695,000 head. 273,000 more than in 2020, with 83% of the machines shipped globally going to Asia and Oceania, where deliveries rose 65% to 580,000. China, Turkey and Pakistan are the world's top three investors, with their investment increasing by 56%, 47% and 146% respectively. Only Uzbekistan, which was the seventh largest investor in 2021, saw deliveries fall 14% (to 12,600 head) from 2020. Meanwhile, global shipments of wool-type spinning machinery increased from about 22,000 ingot in 2020 to nearly 31,600 ingot in 2021 (up 44%).

This growth was mainly driven by higher deliveries to Asia and Oceania and a 70 per cent increase in investment. Sixty-eight per cent of total shipments were shipped to Iran, Italy and Turkey.

Mr.Sanjay Jayavarthanavelu, representative of Longway India, a spinning machinery company, said the demand for spinning equipment has been strong since 2021 and in his view it will remain so in the coming years. However, the industry is also facing some challenges, including inflation, rising raw material prices, supply chain problems, shortages of electronic products, logistics problems, etc., and not all of these problems have solutions. He said customers are planning further updates, demand is stable and there have not been any cancellations. He said that combined with customer and market development needs, Longwei company will focus on sustainable, digital, automation and other aspects of equipment in the future.

02/ Weaving machine

According to the International Textile Machinery Delivery Statistics Report, shipments of shuttle-free looms worldwide grew 32 percent to 148,000 units in 2021. Shipments of air-jet looms, rapier/shuttle looms and water-jet looms grew 56% to nearly 45,776 units, 24% to 26,897 units and 23% to 75,797 units, respectively. The main destination for shuttle-free looms in 2021 was Asia and Oceania, accounting for 95% of global deliveries. 94%, 84%, 98% of the world's air-jet, rapier/shuttle and water-jet looms are shipped to the region. In all three subcategories, the main investor was China, with deliveries of looms accounting for 73% of total deliveries.

Mr.Kurt Lamkowski, principal of Bikaro, which represents the textile industry, said the company, like other machinery manufacturers, saw a very strong market rebound in 2021. The main factors for this are: first, the coronavirus pandemic has been somewhat controlled and investment in the industry has improved; Secondly, some medium-sized enterprises have also been further developed after the pandemic, and these factors have directly contributed to the growth of investment in woven enterprises over the past few years. But there are some problems. For example, over the past year, companies have experienced supply-chain problems, such as production capacity not being able to meet the rapid increase in market demand, resulting in prolonged delivery times.

'If you look at 2022, it's going to be about the same as 2021 in terms of volume,' Mr.Kurt Lamkowski said. 'But it's going to depend on how orders build up this year.'

In addition to woven equipment, knitting equipment also showed an increase. The International Textile Machinery Delivery Statistics Report showed that in 2021, global shipments of Great round machines increased by 29 percent to 39,129 units. The Asia and Oceania region is the leading global investor in this category, accounting for 83 percent of global shipments. China was the top destination, accounting for 64% of all deliveries (or 21,833 units). Turkey and India ranked second and third with 3,500 and 3,171 units, respectively. In 2021, the electronic flat knitting segment grew 109% to about 95,000 units. Asia and Oceania were the main destinations for these machines, accounting for 91 per cent of global shipments. China remains the world's largest investor, accounting for 76% of shipments and 290% investment growth; Shipments to China increased from about 17,000 units in 2020 to 67,600 units in 2021.

03/ China Spinning Machine

The overall market of spinning machines in the world gives you confidence to develop. How about the market of spinning machines in China? According to Cong Zheng, secretary-general of the China Textile Machinery Association, China's textile machinery industry achieved operating revenue of more than 90 billion yuan in 2021. The growth trend continued in the first quarter of 2022, and the industry entered negative growth since April.

He introduced that in 2021, China exported $4.8 billion of textile machinery and imported $3.6 billion. Exports continued to grow, while imports turned upward. From January to May 2022, China exported $2 billion of textile machinery, up 4.8% year on year; Imports were US $1.5 billion, down 9.1% year on year. Since 2021, the main import countries of China's textile machinery are Japan (33%), Germany (31%) and Italy (9%); The main exporting countries are India (19%), Vietnam (10%) and Turkey (7%).

Cong introduced that in 2021, spinning machinery has recovered to the pre-epidemic level, and chemical fiber machinery has reached a new high; In the first quarter of 2022, major machinery achieved large year-on-year growth. Weaving machinery and knitting machinery reached a new high in 2021. In the first quarter of 2022, the main machinery was basically stable compared with the same period last year, while rapier looms and water-jet looms showed a large decrease.

At present, there are two uncertain factors: the risk of global inflation and the recovery speed of domestic consumer market. Cong said that in the future, the textile industry should firmly develop towards automation, intelligence and green energy saving.

Although the international situation is still complicated and uncertainties in global development persist for a long time, the economic law of relying on quality to win the market will not change. We should devote ourselves to research and innovation. Only in this way can we master the ability to grasp certainty in uncertain factors. The textile industry continues to recover and needs more confidence and patience.

Disclaimer: This article is compiled from the Internet, the copyright belongs to the original author; If there is infringement, please inform in time and delete after verification.