Economic operation of Shanghai's textile industry in the first half of the year

 

In the first half of 2021, facing the complicated international development environment, China's economy has recovered from fatigue, the global epidemic has repeatedly repeated, and the market environment has become unprecedentedly complex. China's textile industry has fully implemented the decisions and deployments of the Party Central Committee and the State Council and continued to consolidate and expand epidemic prevention and control Achievements and production operations are in a stable state, corporate benefits have been steadily improved, main operating indicators have steadily rebounded, and overall economic operations have been stabilized and strengthened. In particular, the Shanghai textile industry has been greatly affected by the epidemic, but at the same time, it has also shown strong resilience.

 

Therefore, the editor collected relevant textile and apparel data from the Shanghai Bureau of Statistics and Shanghai Customs, sorted out and analyzed them, in order to better understand the economic development trend of the textile industry in Shanghai in the first half of the year.

Output value and economic benefits

 

In the first half of 2021 (January-June), Shanghai's textile industry is generally stable. The total industrial output value of the textile industry above the designated size was 9.341 billion yuan, a year-on-year increase of 0.8%, the total output value of the clothing and apparel industry was 9.145 billion yuan, a year-on-year decrease of 6.4%, and the total output value of the chemical fiber manufacturing industry was 1.028 billion yuan, a year-on-year increase of 21.9%. According to data from the Shanghai Municipal Bureau of Statistics, from January to June 2021, the total industrial output value of the textile industry above the designated size was basically stable. In June, there was a slight downward trend. The clothing industry stabilized and improved. In June, there was a slight upward trend. The output value of the chemical fiber manufacturing industry is basically stable at the same level.

 

In terms of output, Shanghai’s clothing output from January to June 2021 totaled 11.74 million pieces, a year-on-year decrease of 6.2%, and chemical fiber output totaled 170,000 tons, a year-on-year decrease of 1.6%. From a month-by-month point of view, clothing output grew the fastest year-on-year in February and fell year-on-year in June. The output from March to June 2021 was generally stable. The output of chemical fiber was basically stable, with a significant year-on-year growth rate in February.

 

From the perspective of economic benefits, from January to June 2021, the economic benefits of enterprises above the designated size in the textile industry in Shanghai were good. 1.106 billion yuan, a sharp increase of 21.4% year-on-year; in terms of profit, the textile industry was 610 million yuan, down 59.2% year-on-year, and chemical fiber was 22 million yuan, down 24.6% year-on-year. This shows that the textile industry has stable revenue during the same period, and profits have fallen by more than half. The growth trend of the clothing industry is obvious. The chemical fiber revenue has increased significantly, but profits have fallen in the same proportion.

 

On a monthly basis, from January to June 2021, the operating income of Shanghai textile, clothing, and chemical fiber enterprises above the designated size, except for a slight decrease in January, is basically stable every month with little fluctuation. In terms of total profit, the textile industry declined slightly in January and May, while the apparel industry declined sharply in January, April, and June, and chemical fiber was basically stable. It can be seen that the total profit of textiles and chemical fiber is stable under the condition of stable operating income. While the operating income of the clothing industry is stable, the total profit has fallen sharply in some months, which may be caused by cost or other factors.

 

import and export trade

 

From January to June 2021, the total textile and apparel imports of Shanghai's textile industry were 34.248 billion yuan, of which the total imports of clothing and clothing accessories were 241.3, accounting for about 70.5%. Among textile imports, textile raw material imports were 1.885 billion yuan, accounting for about 5.5%. It can be seen that the proportion of exports of apparel products in Shanghai is huge. In terms of exports, textile and apparel exports totaled 55.534 billion yuan, of which exports of clothing and clothing accessories totaled 27.133 billion yuan, accounting for about 48.9%. Textile yarns, fabrics and their products accounted for about 50.4%, nearly half, and textile raw materials only Accounted for 0.75%. It can be seen that the proportion of Shanghai's textile products and finished garment exports is average, each accounting for half.

 

On a monthly basis, from January t