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Packaging and printing enterprises affected by COVID-19
May 17,2022 | Views: 656
Since the beginning of the year, there has been an extremely rare global downturn in the packaging and printing industry associated with most industries. The number of companies that were forced to suspend production without orders or directly closed down has shown a significant increase, and rising costs and low-price competition have made many companies feel desperate.
The latest data released by the National Bureau of Statistics also confirms the bleak situation of the packaging and printing industry. In April, the total retail sales of consumer goods in my country was 2,948.3 billion yuan, a year-on-year decrease of 11.1% and a month-on-month decrease of 0.69%.
In April, except for the retail sales of grains, oils, and food products, which increased by 10.0% year-on-year, and the retail sales of beverages, which increased by 6.0% year-on-year, all other categories of ports experienced significant declines. In particular, the retail sales of consumer goods with greater flexibility, such as textiles and clothing, cosmetics, gold jewelry, etc., experienced a sharp decline year-on-year and month-on-month.
The retail sales of daily necessities fell by 10.2% year-on-year, and the growth rate was 9.4 percentage points lower than that in March.
The retail sales of textiles and apparel fell by 22.8% year-on-year, and the growth rate was 10.1 percentage points lower than that in March.
The retail sales of cosmetics fell by 22.3% year-on-year, and the growth rate was 16.0 percentage points lower than that in March.
The retail sales of gold and jewelry industry fell 26.7% year-on-year in April, and the growth rate was 8.8% lower than that in March.
The retail sales of household appliances fell by 8.1% year-on-year, and the growth rate was 3.8 percentage points lower than that in March.
The retail sales of furniture fell by 14.0% year-on-year, and the growth rate was 5.2 percentage points lower than that in March.
The retail sales of construction and decoration materials fell by 11.7% year-on-year, and the growth rate was 12.1 percentage points lower than that in March.
The retail sales of tobacco and alcohol decreased by 7.0% year-on-year, and the growth rate was 14.2 percentage points lower than that in March.
The retail sales of communications equipment decreased by 21.8% year-on-year, and the growth rate was 24.9 percentage points lower than that in March.
The retail sales of cultural office supplies fell by 4.8% year-on-year, and the growth rate was 14.6 percentage points lower than that in March.
It is worth pointing out that while the retail sales of goods has declined, the inventory of goods has increased significantly, which has brought great pressure to all walks of life to get out of the trough. Especially in the packaging and printing industry, due to the poor sales of downstream customers, orders have been significantly reduced, and many companies have made survival a top priority.
So, from January to April, especially in the past March and April, what is the business situation of the packaging and printing industry?
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The latest data released by the National Bureau of Statistics also confirms the bleak situation of the packaging and printing industry. In April, the total retail sales of consumer goods in my country was 2,948.3 billion yuan, a year-on-year decrease of 11.1% and a month-on-month decrease of 0.69%.
In April, except for the retail sales of grains, oils, and food products, which increased by 10.0% year-on-year, and the retail sales of beverages, which increased by 6.0% year-on-year, all other categories of ports experienced significant declines. In particular, the retail sales of consumer goods with greater flexibility, such as textiles and clothing, cosmetics, gold jewelry, etc., experienced a sharp decline year-on-year and month-on-month.
The retail sales of daily necessities fell by 10.2% year-on-year, and the growth rate was 9.4 percentage points lower than that in March.
The retail sales of textiles and apparel fell by 22.8% year-on-year, and the growth rate was 10.1 percentage points lower than that in March.
The retail sales of cosmetics fell by 22.3% year-on-year, and the growth rate was 16.0 percentage points lower than that in March.
The retail sales of gold and jewelry industry fell 26.7% year-on-year in April, and the growth rate was 8.8% lower than that in March.
The retail sales of household appliances fell by 8.1% year-on-year, and the growth rate was 3.8 percentage points lower than that in March.
The retail sales of furniture fell by 14.0% year-on-year, and the growth rate was 5.2 percentage points lower than that in March.
The retail sales of construction and decoration materials fell by 11.7% year-on-year, and the growth rate was 12.1 percentage points lower than that in March.
The retail sales of tobacco and alcohol decreased by 7.0% year-on-year, and the growth rate was 14.2 percentage points lower than that in March.
The retail sales of communications equipment decreased by 21.8% year-on-year, and the growth rate was 24.9 percentage points lower than that in March.
The retail sales of cultural office supplies fell by 4.8% year-on-year, and the growth rate was 14.6 percentage points lower than that in March.
It is worth pointing out that while the retail sales of goods has declined, the inventory of goods has increased significantly, which has brought great pressure to all walks of life to get out of the trough. Especially in the packaging and printing industry, due to the poor sales of downstream customers, orders have been significantly reduced, and many companies have made survival a top priority.
So, from January to April, especially in the past March and April, what is the business situation of the packaging and printing industry?