In the second quarter of 2010, the textile machinery industry experienced a slight increase, which was a year-on-year increase of around 10% and a year-on-year increase of more than 50%. From the perspective of domestic sales, the industry's sales in the second quarter of 2010 were mainly concentrated in East China, South Central and North China, accounting for 98% of the total. Domestic demand in Jiangsu, Zhejiang, Fujian, and Xinjiang was strong.
It is understood that in 2009, despite the sharp decline in textile exports in the international market, with the Asian textile industry recovering, demand for textile machinery also began to pick up, and most shipments of the international textile machinery industry have flowed to Asia. In 2009, the top five countries and regions for textile machinery imports were concentrated in Asia, accounting for 56.62% of the total global textile machinery imports. In Asian textile machinery market, the development momentum in the next three years is optimistic.
In the first quarter of 2010, Italian textile machinery orders increased by 41%, of which orders from China increased by 110% to 70 million euros, and India's growth by 78% to 23 million euros. In the first quarter of this year, German textile machinery orders increased by 130%. It is expected that German textile machinery sales this year will increase by 30% to 35% over 2009.
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