From the overall operation of spinning machinery in the first three quarters of 2022, the upward trend is obvious. Due to the gradual opening of foreign epidemic prevention and control policies, especially the textile industry in South Asia, Southeast Asia and other countries and regions, after the continuous downturn in the past two years, the willingness to upgrade new projects and equipment has increased, the export orders of China's textile machinery have soared, and the market of various products has reached a record high.

　　Incremental embodiment of industrial trend

　　According to industry statistics, in the first three quarters of 2022, in addition to combing machines and roving machines, spinning machinery including carding machines, drawing machines, cotton spinning machines, automatic winding machines, rotor spinning machines, vortex spinning machines, and staple doubling twisting machines showed sales growth in varying degrees.

　　The sales increment of spinning machinery better reflects the trend of industrial development. For example, the sales of high-speed carding machines accounted for 89% of the total; Among drawing frame products, the sales volume of autoleveller is nearly 45.9% of the total; In terms of roving frame products, the sales volume of products equipped with roving devices accounts for 51.4% of the total; In the sales of 3.9 million spindles of cotton spinning frames, the sales of equipment equipped with collective doffing devices accounted for more than 90% of the total. In addition, the compact spinning device sold about 3.9 million spindles, an increase of 2.6% year on year, of which the compact spinning device with spinning frame mainframe sold about 2 million spindles, accounting for 51.3% of the total.

　　From these data, the trend of high-quality and efficient development of the textile industry is obvious. With the in-depth transformation and upgrading of the domestic textile industry, the demand for short-process equipment has not decreased, and the sales of rotor spinning machines and jet vortex spinning machines have reached the highest level in history in the same period, thus driving the demand for front spinning equipment.

　　High performance-price ratio makes exports climb

　　In fact, from 2012 to 2022, the import of spinning machinery (main machine, equipment, auxiliary devices and spare parts) declined significantly, and the export showed an overall upward trend. In 2022, the export of spinning machinery exceeded the import for the first time.

　　According to the statistics of the Textile Machinery Association, in the first three quarters of 2022, the total export value of main machines of spinning machinery was 720 million US dollars, an increase of 88.2% year on year, of which the export value of ring spinning machines increased by 123.9% year on year, and the export value of rotor spinning machines increased by 124.6% year on year, both reaching a record high. The export of spinning equipment, special spare parts and auxiliary devices reached 239 million US dollars, up 31.3% year on year.

　　In the five years from 2017 to 2021, domestic spinning machinery showed strong competitiveness in many overseas markets: the proportion of domestic equipment in the total amount of imported spinning machinery in Pakistan (the five-year average) exceeded 20%, in India exceeded 23%, in Uzbekistan exceeded 25%, in Bangladesh exceeded 29%, in Indonesia exceeded 32%, and in Vietnam, this figure was nearly 47%. With the continuous improvement of the quality and technology of domestic spinning machinery, it is constantly showing new competitiveness.

　　Looking forward to the future, the industry will face a slowdown in economic growth, and the impact of macroeconomic policies will gradually weaken; Income declined and consumption expenditure decreased; The "Xinjiang related bill" continues to influence the challenges in other aspects, but the trend of China's economic stability and improvement will not change, and the impact of Sino-US economic and trade frictions is generally controllable; The "RCEP" and "the Belt and Road" trade cooperation continues to deepen... These favorable factors will provide strong support for the good development of the industry.