In the first quarter, facing the complex and changeable internal and external environment with weak demand, the building materials industry conscientiously implemented the decision-making and deployment of the Central Committee of the Communist Party of China and the State Council, adhered to the principle of stability and steady progress, highlighted the work of steady growth to promote transformation, the rapid recovery of production demand and the improvement of market expectations provided a solid foundation for the stable operation of the industry. However, the real estate market continues to decline, consumer demand has not been effectively released, the foundation for the recovery of industry operation is still not solid, and enterprises are still facing the pressure of high inventory, high cost, low price and low efficiency.
1. Production of major products picked up. According to the data of the National Bureau of Statistics, from January to March, the added value of the non-metallic mineral products industry above the scale continued to increase by 2.0% year on year. Among the 31 kinds of building materials products monitored, the output of 11 kinds of products increased year on year, the output of 20 kinds of products decreased year on year, and the types of growth products rebounded. In particular, the cement output of enterprises above designated size was 400 million tons, representing a year-on-year increase of 4.1% from negative to positive and a month-on-month increase of 10.4 percentage points; the output of flat glass was 230 million weight boxes, representing a year-on-year decrease of 8.0% and a month-on-month decrease of 7.9 percentage points.
2. The decline in ex-factory prices has expanded. From January to March, the ex-factory price of building materials industry continued to fall, with the average ex-factory price of building materials products falling by 6.3% over the same period last year, of which the ex-factory price index of building materials industry in March was 97.2 (100 in December 2020), down by 6.3% over the same month last year. Among the 13 classified industries of building materials, the ex-factory prices of products in other industries decreased year on year, except that the ex-factory prices of two industries, such as lime gypsum and non-metallic mining and dressing, increased year on year.
3. Economic efficiency continues to decline. According to the data of the National Bureau of Statistics, from January to March, the business income of the building materials industry above the scale fell by 7.9% year-on-year, and the total profit fell by 28.7% year-on-year, narrowing the decline. Among them, except for the growth of business income of technical glass, non-metallic mining and processing industry and non-metallic mineral products industry, the business income of other building materials industries declined year on year. Only clay and sand mining industry and non-metallic mineral products industry have maintained the growth of total profits.
4. Investment in fixed assets has fallen. According to the National Bureau of Statistics, from January to March, the national investment in fixed assets (excluding farmers) increased by 5.1% year-on-year. The fixed asset investment in the mining and processing industry of non-metallic minerals increased by 3.5% on a year-on-year basis, representing a decrease of 10.1 percentage points on a month-on-month basis. The fixed asset investment in the non-metallic mineral products industry decreased by 1.8% on a year-on-year basis, representing a decrease of 4.5 percentage points on a month-on-month basis. In terms of composition, the investment in fixed assets of construction and installation projects increased by 4.1% year-on-year, with a larger growth rate. In terms of industries, the investment in infrastructure supporting the stable development of the building materials industry (excluding the production and supply of electricity, heat, gas and water) increased by 8.8% year-on-year, while the investment in building materials decreased slightly.
5. Imports and exports maintained a relatively rapid growth. From January to March, the export amount of building materials and non-metallic mineral commodities increased by 16.2% year-on-year, the import amount of building materials and non-metallic mineral commodities increased by 57.6% year-on-year, and the total import and export amount was 21.76 billion US dollars, an increase of 32.4% year-on-year. Among them, the export amount of major building materials such as bricks and tiles, granite products, gypsum boards, special cement equipment, asphalt and modified asphalt waterproof rolls, cement and ceramic tiles increased rapidly, while the import amount of non-metallic minerals such as gems and jades increased rapidly.