2022 Paper Industry Performance And Profits

Dec 02, 2022

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On November 27, the official website of the National Bureau of Statistics released the profits of industrial enterprises above designated size across the country from January to October 2022. Data show that in the first 10 months of this year, industrial enterprises above designated size realized a total profit of 6,976.82 billion yuan, a year-on-year decrease of 3.0%.

Among the 41 major industrial sectors, the total profit of 19 industries increased year-on-year, and the total profits of 22 industries decreased. Among them, the total profit of the papermaking and paper products industry was 42.18 billion yuan, a year-on-year decrease of 40.3%. The total profit of the printing and recording media reproduction industry was 30.89 billion yuan, a year-on-year decrease of 3.6%.

In terms of income, from January to October, the operating income of industrial enterprises above designated size was 111,783.87 billion yuan, a year-on-year increase of 7.6%. Among them, the papermaking and paper products industry realized operating income of 1,239.70 billion yuan, a year-on-year increase of 1.1%. The printing and recording media reproduction industry achieved operating income of 611.25 billion yuan, a year-on-year increase of 0.5%.


What are the reasons for the decline in the total profit of the industry?


  1. With the increasing cost of raw materials and labor, the domestic paper industry needs to further promote new technologies, improve production efficiency, reduce labor costs, and fundamentally reduce and eventually get rid of the above-mentioned impacts. In addition, the epidemic is also a factor, which affects the recovery of consumption and production enterprises and faces greater pressure.

  2. Environmental protection requirements are becoming increasingly stringent, and pollution control costs are increasing

    The country is constantly introducing new and stricter environmental protection policies, raising the entry threshold of the paper industry, and reducing the COD emissions of the paper industry from the current 35% of the country's total COD emissions to less than 10% of the country's total. At the same time, strict requirements are put forward for the paper industry. To achieve the above goals, one is to strictly implement environmental protection standards and shut down a large number of unqualified enterprises. The second is to adopt revolutionary technology to greatly reduce pollutant emissions. The third is to connect with the transformation of the new environmental protection paper industry. The requirements for environmental protection are more to encourage the development of green energy, which I believe will not change for many years to come.


Therefore, in order to have a healthy and stable development of the entire paper industry, the paper industry must adjust its industrial layout and optimize its industrial structure. In addition to opening up the situation through exports, the enterprise itself should also cultivate both internally and externally, accumulate a lot of accumulation, and adhere to the road of sustainable development. The paper industry has become an industry with world competitiveness.

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