Analysis Of Economic Operation Data Of Garment Industry In The First Half Of 2010

- the first half of 2010

China Apparel Association recently released the economic performance data of garment industry in the first half of the year.

Data show that: 1~5 months, the apparel industry's overall economic performance is generally good, domestic demand is gradually warming up, the international market is tortuous recovery, industrial production, exports and investment have resumed growth, and the industry operation level and efficiency continue to improve. The analysis also points out that there are still many uncertainties in the development of the industry, the pressure of production cost is increasing, there are variables in domestic and foreign industry related policies, and the two market demand changes are uncertain, so the industry development is not optimistic in the process of market warming.

Output grew substantially year-on-year

Strong growth in the western region

Enterprises above Designated Size completed 10 billion 409 million 10 thousand garment production, an increase of 22.43% over the same period last year.

The western region's output has increased by 53.99%, accounting for 1.28% of the total clothing output of the country.

In the 1~5 month of 2010, China's garment production rebounded substantially, and the above scale enterprises completed.

The top five provinces of clothing production are still Guangdong, Jiangsu, Zhejiang, Shandong and Fujian provinces. The total output of five provinces accounts for 80.48% of the total output of the country, which is basically the same as that of the same period last year.

The output of the five provinces increased significantly over the same period last year, with an increase of more than 20%.

Inland provinces, Hubei, Anhui, Hunan and other provinces all showed good growth momentum.

The eastern region's output increased by 21.79% due to the significant growth of the five major production provinces, and the output of the central region increased steadily, reaching 24.83%. The proportion of output was basically the same as that of the previous year. The western region's output increased by 53.99%, accounting for 1.28% of the total clothing output of the country, which was 5 percentage points lower than that in the 1~2 months of 2010.

Compared with the rapid growth of output in the middle and western regions in the first two years, the proportion of Eastern, central and western regions in 2010 was stable, and the eastern region did not give up much of the share. The first recovery in the market was still the eastern provinces in the first 1~5 years.

Industry investment increased significantly

Active investment in the central region

The actual completion investment increased by 19.77% over the same period last year, but the number of construction projects, the number of new projects and the number of completed projects declined compared with the same period last year, and the industry investment did not achieve substantial recovery.

In 1~5 months, the garment industry above Designated Size Enterprises actually completed investment of 38 billion 400 million yuan, an increase of 19.77% over the same period last year, an increase of 5 percentage points over the same period last year. The number of construction projects, the number of new projects and the number of completed projects decreased by 3.49%, 14.33% and 71.47% respectively over the same period last year.

The proportion of domestic investment increased significantly, accounting for 85.84% of total investment, an increase of 4.23% over the same period last year.

Private enterprise investment is still the main body of clothing industry investment, accounting for 43.49% of the total industry investment, an increase of 4.10 percentage points over the same period last year.

From the perspective of investment, Jiangsu has the largest investment scale.

Anhui, Jiangxi, Hubei and other inland provinces have made active investments.

The investment growth rate of garment industry in the central region reached 37.63%, which accounted for a continuous increase in the proportion of investment in the whole country, an increase of 5.31 percentage points over the same period last year.

The central region has gradually become a popular investment area, and the actual investment volume is gradually approaching the eastern region.

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The domestic market is doing well.

Clothing prices quietly rising

The growth rate of clothing consumption is obviously faster than that of the total retail sales of consumer goods.

The growth of social clothing retailing is more vigorous than that of big shopping malls. Its source is the rise of clothing consumption in the two or three line and medium-sized cities.

In 1~5 months, the total retail sales of social consumer goods totaled 60339 billion yuan, an increase of 18.2% over the same period last year, an increase of 3.2 percentage points over the same period last year, a 0.1 percentage point increase over that of 1~4 months.

Among them, clothing retail sales of 233 billion 200 million yuan, an increase of 23.1% over the same period, an increase of 2 percentage points over the same period in 2009, and the growth rate obviously exceeded the growth rate of the total retail sales of consumer goods.

In the first half of 2010, consumption growth in large cities was stable, and consumption growth was not high.

Compared with the increase in the consumption of clothing in the large market, we can see that the growth of social clothing retailing is more vigorous, and the source of vitality is the rise of clothing consumption in the two or three lines of small and medium-sized cities.

The clothing product market price index has been hovering below 100 since its brief return to 100 in 2006.

In February 2010, the market price index and the ex factory price index again deviated sharply.

In 1~5 months, the ex factory price index increased by 1.9% over the same period last year.

Price trend is closely related to supply and demand, raw materials, other resources supply costs and macroeconomic environment. Under the influence of many different directions, clothing prices are expected to reach a new balance in the second half of the year.

The deficit has narrowed slightly.

Core competitiveness pformation

Profitability has increased compared with the same period last year, and the industry deficit has shrunk by nearly 4 percentage points over the same period last year.

The core competitiveness of industry competitiveness is greatly improved.

In 1~5 months, the number of Enterprises above designated size increased by 5.17% over the same period last year, while the number of employees increased by only 1.55%. The average number of enterprises decreased by 2.58% compared with the same period last year. The average business income of enterprises and the average profit of enterprises increased by 18.95% and 26.02% compared with the same period last year. The per capita profit, the average output value per capita and the per capita main business income increased 27.73%, 21.10% and 22.11% respectively, and the efficiency and efficiency of "people" increased greatly.

The gross profit margin declined slightly while the net profit increased slightly. The profit margin increased by 0.1 percentage points over the same period last year.

In the 1~5 month, the development ability of the garment industry was significantly improved, and the growth of main business revenue and profit increased by nearly 13 and 10 percentage points respectively over the same period last year.

This shows that the development model of the industry has changed from scale expansion to benefit expansion, and the ability of industry development is gradually recovering in the process of the pformation of the core competitiveness.

Garment exports rebounded across the board

Fujian Sichuan grows substantially

In 1~5 months, China's apparel and accessories exports totaled 41 billion 653 million US dollars, up 13.12% from the same period last year, and the total number of exports increased by 10 billion 777 million, up 12.49% from the same period last year.

Fujian province has the largest increase in export volume and export volume.

Sichuan's export growth was huge, and its export volume and export volume increased by 175.13% and 97.83% respectively over the same period last year.

According to Chinese customs statistics, in 2010 1~5, China's clothing and accessories reached a total import of US $805 million, an increase of 19.92% over the same period last year. The total number of imports was 57 million, down 7.01% from the same period last year, and the average unit price of imported garments increased by 28.71%, far lower than that of the same period last year.

In the 1~5 month of 2010, China completed the export of clothing and accessories 41 billion 653 million US dollars, an increase of 13.12% over the same period last year, and the total number of exports increased by 10 billion 777 million, up 12.49% over the same period last year.

Clothing exports account for 57.69% of textile exports.

From the monthly export situation, the number of exports in February increased by 100.32% over the same month, and the sharp increase in the number of exports since the negative growth in April 2009.

But the increase is mainly due to the low base of last year.

In March, both export volume and export volume declined sharply, and gradually increased in 4 and May.

In 1~5 months, the export volume of garment exports in the top five provinces rose significantly, the largest increase in Fujian Province, and the increase in exports and exports respectively increased by 32.09% and 24.58% respectively.

In the top ten provinces and cities, the export growth of Sichuan province was huge, and the export volume and export volume increased by 175.13% and 97.83% respectively over the same period.

In 1~5 months, China's exports to all continents showed an increasing trend.

Asia is still the first continent of garment export in China, accounting for 38.60% of the total export volume.

Exports to Africa surged by the world cup, an increase of 39.39% over the same period last year.

Exports to the European Union and the United States increased by 13.51% and 22.2% respectively over the same period. The growth in exports to the United States benefited from the growth of the original restricted clothing exports.

Due to the low sales of clothing in Japan's domestic market, China's exports to Japan continued to grow slightly.