According to the data of the National Bureau of Statistics, in 2014, the growth rate of the accumulated industrial added value of the wool textile industry above designated size decreased by 2.2 percentage points over the same period of the previous year, and was slightly lower than the growth rate of the industrial added value of the textile industry throughout the year.

From January to November 2014, 1185 enterprises above the scale of wool textile and dyeing and finishing completed a total of 230.571 billion yuan of main business income, a year-on-year increase of 12.34%, and the growth rate dropped by 4.71 percentage points compared with the same period of last year. The average profit margin of enterprises above designated size was 5.06%, 0.1 percentage points higher than that of the previous year, slightly lower than the average profit level of the textile industry of 5.11%. The average capital liability ratio of wool textile enterprises above designated size was 53.17%, a decrease of 3.17 percentage points over the same period of last year. The annual accumulated inventory was 39.245 billion yuan, up 11.19% year on year, significantly higher than the 3.52% growth rate of the textile industry inventory.

From the data of wool textile enterprises above the designated size, in 2014, the operation and benefits of the industry were basically stable, the development speed of the industry was from high to medium, and the production and marketing pressure was increased.

From January to November 2014, the output of wool yarn increased by 4.36% year-on-year, 1.40 percentage points faster than that in the first half of the year, and 6.04 percentage points higher than that in the same period last year.

In terms of wool fabric production, since July 2014, the year-on-year growth rate of wool fabric production has slowed down month by month. In the fourth quarter, the output of wool fabrics showed a negative growth year on year. As of November, the cumulative output of wool fabrics was 536 million meters, down 1.61% year on year, down 2.68 percentage points from the first half of the year, and down 2.97 percentage points from the previous year.

According to the data of the National Bureau of Statistics, from January to December 2014, the total retail sales of clothing, shoes, hats and knitwear and textiles increased by 10.9% year on year, 0.9 percentage points higher than the level in the first half of the year, lower than the 12% year-on-year growth of the total retail sales of consumer goods in the whole society.

As the main downstream product of woolen fabrics, the production of woven garments of enterprises above designated size increased by 0.58% year on year from January to November 2014. Among them, the production of suits fell 4.09% year on year, almost the same as that in the first half of the year.

In 2014, the enterprises above designated size in the wool textile industry actually completed a fixed asset investment of 33.032 billion yuan, an increase of 11.38% year on year, 8.46 percentage points lower than the same period last year, and 10.23 percentage points lower than the growth rate in the first half of the year. Among them, 402 projects were completed, with a year-on-year growth of 4.15%. The growth rate was 3.10 percentage points higher than that of the same period last year, and 53.88 percentage points lower than that of the first half of the year. The number of newly started projects decreased by 7.32% year on year, 18.80 percentage points lower than the same period last year, and 0.35 percentage points lower than the growth rate in the first half of the year.

From January to November 2014, the total import and export volume of wool textile raw materials and products was US $16.289 billion, up 4.43% year on year. Among them, the total export volume was US $12.474 billion, up 8.27% year on year; The total import volume was 3.815 billion US dollars, down 6.42% year on year.

From January to November 2014, the export of wool textile raw materials and products totaled US $12.474 billion, an increase of 8.27% year on year, with a growth rate of 6.56 percentage points over the same period of the previous year. Among the wool textile products, the performance of wool knitted products was outstanding. The total export of wool knitted clothing was 127 million pieces, with a year-on-year growth of 17.09% and 12.28% compared with the same period last year. The export of wool yarn mainly used to produce wool knitted products fell 2.31%, but the decline was 6.66 percentage points less than the first half of the year.

At the same time, the application of wool in the home textile market has also improved. From January to November 2014, the export of wool blankets increased 112.14% year-on-year, 126.44 percentage points higher than the same period last year; Wool carpets increased by 14.97% year on year, a year-on-year increase of 20.14%. The export of intermediate products of wool spinning, including wool sliver and wool fabric, remained stable.

Last year, the European and American markets showed strong demand for wool textile products, and the performance of the two markets was relatively outstanding. The total export volume of China's wool textile products to the EU and the United States increased by 8.33% and 13.59% year on year, respectively, 1.78 and 10.58 percentage points higher than that of the previous year. Although the total export of wool yarn fell slightly last year, the export of wool yarn to the United States increased by 64.6% year on year.

In 2014, especially since the second half of the year, the domestic economy has slowed down, with the annual GDP growth rate of 7.4%, down 0.3 percentage points from 2013. At present, it is predicted that the growth rate of china's gdp will continue to decline in 2015. Therefore, the past investment as an important driving force for the development of the industry has been insufficient to support the development of the wool textile industry. At the same time, due to the influence of policies, the demand for uniforms is insufficient, which also hinders the domestic demand of the wool textile industry. In the future, wool spinning enterprises, especially wool worsted enterprises, will face many challenges, such as developing new markets, adjusting products and sales structure.

From a worldwide perspective, Australia, a major wool producing country, exported 216600 tons of wool from January to November, down 11.98% year on year, and 14.08% of exports year on year. Australia's wool exports, which are mainly used to make clothing, are falling in volume and price. The wool output has been at a historical low point for a long time, indicating that the industry has shrunk, and the wool product market has been replaced and continuously shrunk. In the long run, it is not conducive to the development of the industry.

In addition, according to the feedback from the questionnaire of textile enterprise managers, many wool textile enterprises in China reported that their output, orders and profitability in the second half of the year were lower than those in the first half of the year, and the market demand and industry situation were not optimistic.

The year 2015 will be a year for the wool industry to face new challenges and seek new development.