Although the recent textile market is still in the off-season, most conditions are showing signs of improvement, and various autumn and winter fabrics have begun to appear in dyeing factories. But if you carefully study the types of fabrics processed in the dyeing factory, you will find that this year is a bit special. In previous years, nylon fabrics, which were the absolute protagonist of autumn and winter fabrics, are almost invisible this year. Instead, they are all imitation memory, four-way stretch, T400, etc. It seems that the hot nylon fabrics have completely disappeared from various best-selling lists in an instant.
Nissan spinning orders, both volume and price dropped
“More than a month ago last year, we I made an order for 600,000 meters of 380T nylon spinning, but after the new year, the promised 1.2 million meters of orders ended up being less than 100,000 meters. After that, there was basically no order of more than 10,000 meters in the first half of the year. We have placed orders for nylon spinning.”
“We have been doing nylon spinning orders for many years. In previous years, we could do 3-4 million meters a year, but the order volume started to decline sharply last year. , only about half of previous years. This year is even more exaggerated, there are no decent orders, and there are even very few color samples.”
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In the past two years, companies engaged in nylon spinning have deeply felt the plummeting volume of orders. Of course, the decline of a certain fabric is not only limited to the volume of orders, but also the selling price and profits have also plummeted.
Take 380T nylon silk spinning as an example. In previous years, its price could be more than 4.5 yuan/meter. When the peak season comes, you have to queue up in cash to get the goods, which will be made into finished products. The profit can even be as high as 2 yuan/meter. However, this year the price of 380T nylon gray fabric is just over 2 yuan, and the finished product is only about 3.2 yuan/meter. The profit generally does not exceed 0.4 yuan/meter. Even with such a low profile, there may not be any customer orders.
The dilemma of nylon fabrics can be seen from this. Not only this, but more importantly, the entire weaving market is extremely disappointed with nylon fabrics. Many manufacturers have switched to other varieties. Even in the sales that can be seen everywhere this year, nylon silk spinning is almost invisible. It can be seen that the stock of nylon silk in the entire weaving market is not as good as before.
The inventory has not been digested yet, and substitutes have caught up.
The production capacity of textile and clothing has always been There is a surplus, which also includes our winter clothing fabrics. Among winter clothing fabrics, down jackets are the most popular. Especially the warm winter of 2019-2020 has caused a sharp drop in sales of down jackets. The inventory of down jackets may take several years to digest. The market is naturally interested in down jackets. The demand for nylon fabrics is limited.
Of course, the more important thing is that nylon fabrics are being eliminated by the market and replaced by other fabrics. In recent years, down jackets have broken through the functionality of cold protection and warmth, and have developed in the direction of fashion, high-end and youth. At the same time, the growth of residents’ income has driven the growth of the field of personal consumer goods. The trend of consumption upgrading is obvious. Consumers pay more attention to product quality and personalization. Mid-to-high-end products are more popular and high prices are easier to accept.
As can be seen from the chart, the price of Bosideng down jackets has generally been above 1,000 yuan since 2018. And the raw material cost of down jackets accounts for about 75% of the total cost, mainly including goose down/duck down (45%), fabrics (25%), and accessories (5%). The cost of fabrics, which are closely related to our textiles, accounts for about 25%. In other words, when the price of down jackets increases, the price of fabrics will also increase year-on-year.
However, it is obvious that nylon fabrics, which are cheap or even declining, cannot meet this cost ratio. As a result, seemingly higher-end and more valuable fabrics began to appear on the market to replace nylon fabrics. For example, T400 dominated the entire autumn and winter market last year, and T8 fabrics began to emerge this year, as well as some old cotton fabrics on the market. In particular, the finished product price of T8 fabric is more than 10 yuan, the quality of the fabric is acceptable, and the added value is high enough, so it is starting to be used in down jackets. And nylon spinning type is gradually moving from the front to the back, appearing in the lining varieties.
Although down jackets have been affected by the warm winter, and their prices and sales have been poor in the past two years, the potential of down jackets is huge. According to analysis, the global down jacket market will grow from 130.4 billion yuan in 2018 to 208.5 billion yuan in 2021, and will reach 384.5 billion yuan in 2025. It’s just that in this process, there will inevitably be various fabric replacements and product advancements and retreats. Today’s nylon spinning comes from this process. But who can tell whether fabrics such as T400 and T8 will suddenly disappear from the autumn and winter market of a certain year. While we focus on fabric updates and innovations, we also need to study the psychological changes of consumers. Their needs are the fabric order trends. </p
