In the first quarter of 2022, in the face of the continuous and repeated COVID-19 epidemic and the complex and severe domestic and foreign situations, my country's industrial textile industry is running generally stable, and the industry's industrial added value continues to maintain positive growth.

According to data from the National Bureau of Statistics, in the first quarter of 2022, the operating income and total profit of enterprises above designated size in the industrial textile industry fell by 2.1% and 28.7% year-on-year, respectively, and the profit margin was 4.7%, a year-on-year decrease of 1.7 percentage points. According to China Customs data, in the first quarter, the export value of my country's industrial textile industry (statistical data of customs 8-digit HS code) was 11.55 billion US dollars, a year-on-year decrease of 16.5%, and the decline rate narrowed; A year-on-year decrease of 15.3%.

In terms of different fields, after two consecutive years of high development, nonwovens ushered in a relatively large adjustment this year. In particular, the greatly increased production capacity has begun to be released and the global demand for anti-epidemic materials has declined, resulting in a decline in the operating rate of companies in the field of medical and health nonwovens, intensified competition, and a decline in profitability. According to data from the National Bureau of Statistics, in the first quarter of 2022, the output of nonwovens enterprises above designated size decreased by 7.2% year-on-year, operating income and total profit decreased by 9.0% and 49.7% year-on-year, respectively, and the profit margin of 3.9% was the lowest in the industry in recent years. In the first quarter, the value of my country's export of nonwovens was US$1.01 billion, a year-on-year decrease of 19.7%, and the export volume was 302,000 tons, a year-on-year decrease of 21.3%. In terms of non-woven products, the exports of masks and non-woven protective clothing were US$ 1.44 billion and US$ 270 million respectively, a drop of more than 65%. The export of sanitary products maintained a relatively strong momentum. In the first quarter, my country exported 650 million US dollars of disposable diapers and sanitary napkins, a year-on-year increase of 16.7%.

In the first quarter, the operating income of enterprises above the scale of ropes, cables and cables increased by 0.6% year-on-year, and the year-on-year growth rate of total profits declined for the first time since the beginning of 2021 by 13.1%. The profit margin was 5.3%. Textile belts and cord fabrics above the scale The company's operating income and total profit increased by 4.4% and 2.1% year-on-year respectively, and the profit margin was 5.3%. The overseas demand for cord (cable) belt textiles continued to be strong, and the export value was 780 million US dollars, a year-on-year increase of 22.8%. The tent and canvas industry has a good development momentum. The operating income and total profit of enterprises above designated size have increased by 20.4% and 37.2% year-on-year respectively, and the profit rate of 5.5% is the highest in the industry. The export volume of felt/tent and canvas products reached 1.37 billion respectively USD and USD 680 million, up 31.7% and 42.4% year-on-year, respectively. The operating income and total profit of other industrial textile enterprises above designated size, where filtration and geotextiles are located, decreased by 1.0% and 16.2% year-on-year respectively, and the profit margin was 5.2%.

In the first quarter, the profitability of listed companies in the industry continued to be under pressure. The operating income of 27 listed companies in the first quarter increased by 2.3% year-on-year, and the total profit decreased by 31.7% year-on-year. Pressure increased significantly.
At present, the industry is facing a complex environment and the impact of multiple factors, and the pressure and challenges of "steady growth" have increased, but in the long run, the positive factors driving the development of the industry have not changed. Enterprises should strengthen their confidence, focus on their main business, practice their internal skills, strengthen product development and enterprise management, and appropriately adjust the pace of investment and production to ensure the healthy and sustainable development of the industry.
 
Note: From January 1, 2022, the customs codes of some commodities in the industrial textile industry have been adjusted. Due to the lack of year-on-year data of the same caliber, the industry's year-on-year growth rate of imports and exports released in this issue is for reference only.