The Data Center Of World Service Network Provides: Inventory Of 2024 Textile And Clothing Fashion Industry Development Industry Data Analysis

The data comes from the World Service Network. According to the data released by the General Administration of Customs and the China Chamber of Commerce for Import and Export of Textiles, China's textile and clothing exports will reach 301.1 billion dollars in 2024, up 2.8% year on year. This data not only broke through the $300 billion mark again, but also demonstrated the competitiveness and resilience of China's textile and clothing industry in the international market. Among them, the textile export volume was USD 141.96 billion, up 5.7% year on year; The clothing export volume was US $159.14 billion, up 0.3% year on year. From the monthly data, China's textile and clothing exports in December were US $28.07 billion, up 11.4% year on year and 11.5% month on month, showing the strong momentum of the industry at the end of the year.

According to the data of the National Bureau of Statistics, in the first three quarters of 2024, the capacity utilization rate of the textile industry above designated size and the chemical fiber industry reached 78.3% and 85.4% respectively, 1.9 and 1.6 percentage points higher than that of the same period last year, both higher than the 74.6% level of the national industry above designated size in the same period. The industrial added value of enterprises above designated size in the textile industry increased by 4.5% year on year, 6.7 percentage points higher than that of the same period last year, laying a solid foundation for the stable development of the industry. At the same time, all links of the textile industry chain have undergone changes under the tide of the times, from raw material procurement to design and research and development, to production and manufacturing and marketing, showing new vitality and potential.

In the domestic market, China's per capita disposable income will grow steadily in 2024, laying a solid foundation for textile and clothing consumption. In the first three quarters, China's per capita clothing consumption increased by 5.1% year on year, showing the resilience of the domestic demand market. At the same time, new e-commerce models such as live streaming with goods and instant retail are booming, and continue to stimulate online consumption potential. In the first three quarters, the retail sales of online clothing products increased by 4.1% year on year, still injecting power into the industry against the backdrop of overall consumption slowdown.

In addition, green and sustainable fashion will also become a highlight of the textile and clothing industry in 2024. Many brands have chosen environment-friendly fabrics such as bamboo fiber and organic cotton to practice the green concept and promote the circular economy model. At the policy level, the country has also issued a number of environmental protection standards, such as the Technical Specifications for the Establishment and Evaluation of Carbon neutral Factories in the Textile Industry, which set a roadmap for energy conservation, emission reduction and green transformation of enterprises.

To sum up, in 2024, the competitiveness of China's textile and clothing industry in the international market will continue to increase, while showing great potential in the domestic market. The rise of green and sustainable fashion, as well as the deep integration of technology and intelligence, have brought new development opportunities for the textile and clothing industry.

If you need to further understand the detailed data of the global 2024 textile and clothing industry and the dynamic development of the textile and clothing industry, please click the following link to view. The World Service Network has recorded the development of the global textile and clothing industry and fashion industry for you through various angles and channels throughout the year, and has injected its own contribution to the development of the industry.

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