Report On Economic Operation Analysis Of Guangdong Garment Industry

In August 26th, the Guangdong apparel and Apparel Industry Association released an analysis report on the economic operation of Guangdong's apparel industry in the first half of the year. It pointed out that the garment industry in Guangdong was in a complex stage of development in the first half of the year, and faced the continuous pressure of rising production factor costs.

The report shows that the first half of 2014, more than the province scale clothing The total volume of clothing production reached 2 billion 940 million, accounting for 20.83% of the national total, up 6.73% from the same period last year, and the output of shirts and down garments increased by 2.05% and 1.14% respectively compared with the same period in 2013. In the first half of the year, the province's clothing output remained the first in the country, the increase was slightly higher than the national average growth rate, and the total export volume was 14 billion 397 million US dollars, up 1.14% from the same period last year. It was first surpassed by Zhejiang province (US $14 billion 409 million) for the first time.

Clothing exports account for Guangdong Spin 71.33% of the total export volume of clothing and garments is due to its own economic factors in the emerging market, and the demand for clothing has been weakened, and the overall export of clothing has been on the low side. In the two quarter, the demand for developed markets, especially the European Union, was warmer. Therefore, clothing exports from the first half of the year were from weak to stable, and the situation of clothing exports in Guangdong was basically consistent with the national situation.

From the second half of 2012, the garment industry encountered "Waterloo", but the losses in the first half of this year narrowed. Data show that from 1 to June this year, 4588 of Guangdong's textile and garment enterprises above Designated Size accounted for 792 of the total number of households with a deficit of 17.26% and a decrease of 2 percentage points over the same period. Among them, the main business revenue was 268 billion 177 million yuan, an increase of 8.10% over the same period, with a total profit of 11 billion 601 million yuan, an increase of 28.08% compared with the same period last year, and the cost profit margin was 4.96%, slightly lower than the national average cost profit rate 5.38%.

Enquiries by the new express reporter found that in November 2013, the cost profit rate of textile and garment enterprises above Designated Size in Guangdong was 4.15%, and the national average cost profit rate was 5.5%. In the first half of 2014, the average cost profit rate of the country decreased, and Guangdong province realized its contrarian growth. However, according to investigation and research, the garment enterprises below scale have difficulty in developing and have great pressure to survive. The industry is polarized.

In fact, compared to Clothing export On the contrary, imports increased significantly. According to the report, at the end of 2012, the state issued the guiding opinions on strengthening the import and promoting the balanced development of foreign trade. The overall import situation was on the rise. In the first half of 2014, the import clothing and accessories of the province totaled 406 million US dollars, up 34.14% over the same period last year.

Final report Clothing in Guangdong The annual development of the industry has made a prediction. Affected by the mild recovery of the global economic environment, the export of garment industry in Guangdong will slowly recover in the second half of the year. The growth rate of industry demand will continue to show the trend of "rising and falling inside". The garment industry will continue to innovate and restructure. According to the change of consumption pattern, we will make early adjustment and innovation. In the future, Guangdong garment industry will speed up the integration of O2O and brand line.