Status quo (Jan.- May,2015) of China’s wool textile industry

By+ZHENG+Ran

Viewed from the first quarter of 2015， under the circumstance of “New Normal”， the wool textile industry operated relatively stable. The details are as follows.

Production

In the first half year， the production of wool textile ran back by a comparison with that of last year. The wool textile enterprises above designated size produced 194.7 thousand tons of wool yarn by a decrease of 3.41 percentage points year on year， 6.37 percentage points lower than the same period of last year； woolen fabrics were produced 0.284 billion meters by a decrease of 1.35 percentage points year on year， 2.42 percentage points lower than that of last year.

Import & export

According to National Bureau of Statistics of China （NBS）， from January to May， the export delivery value of wool textile enterprises above designated size reached 10.459 billion yuan， down 1.43 percentage points.

In terms of export， according to customs statistics， the wool and its products reached 4.006 billion dollars of total export value， down 5.52 percentage points year on year. The export volume of woolen yarns decreased 7.67 percentage points year on year， wool fabrics decreased 11.82 percentage points， and angora wool decreased 58.61 percentage points. （Table 1）

In terms of import， from January to May， the import volume of wool reached 159.8 thousand tons by an increase of 17.15 percentage points year on year， 34.90 percentage points higher than the same period of last year； the value increased 6.27 percentage points year on year， 28.96 percentage points higher than that of last year.

Investment

In the first six months， the wool textile enterprises above designated size accomplished 15.909 billion yuan in fixed-asset investment， up 0.61 percentage points year on year， 38.33 percentage points lower than the same period of last year.