China's cashmere industry market development status and future trend analysis(One)

Cashmere is the cashmere from goats, which is a rare special animal fiber. Cashmere is a precious textile raw material with a sparse output. It is regarded as the "diamond of fiber", the "queen of fiber" and the "soft gold". To

1. Goat inventory

From the perspective of the industrial chain, the upstream of the cashmere industry is sheep breeding, and the downstream is woolen yarn and cashmere products. In recent years, the scale of goat farming in my country has basically remained stable. According to data, the number of goats in my country in 2018 was 135,746,900 heads, and in 2019 it was 1,372,321,700 heads, a year-on-year increase of 1.09%.

2. Cashmere output

The cashmere industry is one of the industries in which my country has comparative advantages in the world. The production capacity and export volume of cashmere and its products in my country rank first in the world. After years of development, my country has formed several major cashmere processing bases in Inner Mongolia Ordos, Hebei Qinghe, Ningxia Lingwu, and Tongxin. Before 2017, my country's cashmere supply was relatively stable, and cashmere output increased steadily. In recent years, with the weak demand in downstream yarn and textile markets, the output of cashmere has continued to decline.

According to the data of the "China Cashmere Industry Operation Trends and Investment Prospect Forecast Report 2020-2026" released by Zhiyan Consulting, my country's cashmere production was 17,852.27 tons in 2017, and fell to 15,437 tons in 2018, a year-on-year decrease of 13.52%. Cashmere production in 2019 It was 14,964.43 tons, down 3.07% year-on-year, and the rate of decline narrowed.