The analysis of economic performance of painting & dyeing industry from January to May
Source: China Dyeing and Printing Association Date: 2008-10-29
Relying on the researches on enterprises, China Dyeing and Printing Association works out the industry performance in the first five months this year. According to the results, painting & dyeing firms are fighting for their survival in 2008 with yuan appreciation, rising costs and dismal overseas market hit by the subprime crisis.
Production
From January to May, China��s painting & dyeing production rose 7.2 percent from a year earlier to 18.777 billion metres, but that was 1.94 percentage points less than the growth rate during the same five-month period last year. Zhejiang, Jiangsu, Shandong, Guangdong and Fujian are the biggest production area, accounting for 90.88 percent (17.064 billion metres) of China��s total production (See table1).
Table 1. Poduction of China��s Painting & Dyeing by Region (January to May of 2008)
|
Region |
Total |
Zhejiang |
Jiangsu |
Shandong |
Guangdong |
Fujian |
Sum of top 5 provinces |
|
Production (100 million metres) |
187.77 |
104.53 |
20.81 |
17.56 |
15.76 |
11.98 |
170.64 |
|
Y-on-Y Change��%�� |
7.27 |
10.06 |
-6.28 |
8.46 |
2.51 |
28.34 |
6.18 |
|
Growth Rate (%) |
-1.94 |
-0.96 |
-4.55 |
-10.81 |
-0.25 |
9.28 |
�� |
|
Proportion (%) |
- |
55.67 |
11.08 |
9.35 |
8.39 |
6.38 |
90.88 |
Exports
From January to May, China��s painting & dyeing exports volume rose 12.65 percent from a year earlier to 4.815 billion metres, and that was 13 percentage points higher than the growth rate during the same five-month period last year; Exports value rose 22.04 percent from a year earlier to 4.525 billion USD, and that was 14.87 percentage points higher than the growth rate during the same period last year; The average export unit price rose 8.33 percent to 0.94 USD/metre (See table 2 and 3).
Table 2. China��s Painting & Dyeing Exports by Category (January to May of 2008)
|
Category |
Volume (10,000 metres) |
Volume Y-on-Y Change��%�� |
Proportion (%) |
Value (10,000 USD) |
Value Y-on-Y Change��%�� |
Proportion (%) |
Unit Price (USD/Metre) |
Unit Price Y-on-Y Change��%�� |
|
100% cotton dyeing cloth |
56145 |
-5.23 |
11.66 |
84618 |
5.61 |
18.7 |
1.51 |
11.85 |
|
100% cotton printing fabric |
69021 |
36.11 |
14.33 |
66629 |
47.41 |
14.72 |
0.97 |
8.99 |
|
cotton blended dyeing fabric |
4370 |
-3.67 |
0.91 |
7182 |
10.02 |
1.59 |
1.64 |
13.89 |
|
cotton blended printing fabric |
2549 |
-34.23 |
0.53 |
2417 |
-28.16 |
0.53 |
0.95 |
9.2 |
|
synthetic filament fabric |
265389 |
12.44 |
55.12 |
222187 |
21.5 |
49.1 |
0.84 |
9.09 |
|
T/C painting & dyeing fabric |
84031 |
15.06 |
17.45 |
69442 |
31.87 |
15.35 |
0.83 |
15.28 |
|
total |
481505 |
12.65 |
�� |
452475 |
22.04 |
- |
0.94 |
8.33 |
Table 3. China��s Painting & Dyeing Exports by Country or Region (January to May of 2008)
|
Country or Region |
Volume ��100 million metres�� |
Value (100 million USD) |
Unit Price (USD/Metre) |
Volume Y-on-Y Change��%�� |
Value Y-on-Y Change��%�� |
Unit Price Y-on-Y Change��%�� |
|
Benin |
3.99 |
3.83 |
0.96 |
37.56 |
57.66 |
14.61 |
|
Hongkong |
3.33 |
3.85 |
1.15 |
-22.90 |
-14.58 |
10.79 |
|
United Arab Emirates |
2.52 |
2.23 |
0.89 |
0.26 |
8.52 |
8.24 |
|
Vietnam |
2.14 |
2.84 |
1.33 |
57.34 |
81.25 |
15.19 |
|
Brazil |
2.11 |
1.52 |
0.72 |
46.95 |
91.65 |
30.42 |
Imports
From January to May, China��s imports volume of top six painting & dyeing products decreased 15.52 percent from a year earlier to 0.892 billion metres; Imports value decreased 4.97 percent from a year earlier to 1.280 billion USD; And the average import unit price rose 12.49 percent to 1.44 USD/metre (See table 4).
Table 4. China��s Painting & Dyeing Imports by Category (January to May of 2008)
|
Category |
Volume (10,000 metres) |
Volume Y-on-Y Change��%�� |
Proportion (%) |
Value (10,000 USD) |
Value Y-on-Y Change��%�� |
Proportion (%) |
Unit Price (USD/Metre) |
Unit Price Y-on-Y Change��%�� |
|
100% cotton dyeing cloth |
14240 |
-28.54 |
15.97 |
27941 |
-15.72 |
21.83 |
1.96 |
18.07 |
|
100% cotton printing fabric |
1959 |
-16.06 |
2.2 |
3844 |
-4.75 |
3 |
1.96 |
13.29 |
|
cotton blended dyeing fabric |
3700 |
-17.5 |
4.15 |
10057 |
-1.78 |
7.86 |
2.72 |
19.3 |
|
cotton blended printing fabric |
175 |
-6.12 |
0.2 |
401 |
-3.91 |
0.31 |
2.29 |
2.23 |
|
synthetic filament fabric |
64312 |
-11.52 |
72.12 |
78475 |
-0.17 |
61.32 |
1.22 |
12.96 |
|
T/C painting & dyeing fabric |
4790 |
-19.37 |
5.37 |
7262 |
-11.6 |
5.67 |
1.52 |
10.14 |
|
total |
89176 |
-15.52 |
�� |
127980 |
-4.97 |
- |
1.44 |
12.49 |
Benefits
According to statistics from China Dyeing and Printing Association, the gross production value of painting & dyeing amounted to 79.860 billion yuan (among statistical sample enterprises) from January to May, 13.52 % higher than the same period of last year, and that was 1 percentage points higher than the growth rate during the same five-month period last year; The sales of painting & dyeing from January to May rose 14.00 percent to about 77.729 billion yuan and that was 1.65 percentage points higher than the growth rate during the same period last year; The profits of painting & dyeing industry rose by 10.69% to 2.101 billion yuan compared to the year before and that was 7.19 percentage points lower than the growth rate during the same period last year
