Industry Data: Professional Market Boom Index Of Textile And Clothing In July Is On The Rise

The prosperity monitoring results of China Textile Federation Circulation Branch show that in July 2023, the prosperity index of managers of the national textile and clothing professional market will be 51.24, up 2.42 percentage points from 48.82 in June; The business climate index of professional market was 50.50, up 0.78 percentage points from 49.71 in June.

　　 1、 Prosperity of managers and merchants

Data shows that in July, the boom index of managers and merchants in the national textile and clothing professional market rose.

　　 1. Managers' prosperity index rose by 2.42 percentage points

Table 1: List of Managers Index

From the perspective of managers' prosperity index, in the total index, managers' prosperity index in July was 51.24, 2.42 percentage points higher than 48.82 in June; The business environment index was 52.58, up 4.84 percentage points from 47.74 in June.

Figure 1: Managers' Prosperity Index

Figure 2: Managers' business environment index

Among the sub indexes, the total business volume index was 52.26, up 4.19 percentage points from 48.06 in June; The logistics shipment index was 50.97, up 2.90 percentage points from 48.06 in June; The passenger flow index was 50.97, up 2.58 percentage points from 48.39 in June; The door opening rate index was 51.61, up 2.26 percentage points from 49.35 in June; The rental index was 50.65, up 1.29 percentage points from 49.35 in June; The e-commerce sales index was 50.97, up 1.29 percentage points from 49.68 in June.

　　 2. Business climate index rose by 0.78%

Table 2: List of Merchant Indexes

From the perspective of business climate index, the business climate index in July was 50.50, up 0.78 percentage points from 49.71 in June; The business environment index was 53.20, up 2.72 percentage points from 50.48 in June.

Figure 3: Business Climate Index

Figure 4: Business environment index of merchants

Among the sub indexes, the sales volume index was 50.34, up 0.75 percentage points from 49.59 in June; The average price index was 51.09, up 2.25 percentage points from 48.84 in June; The profit index was 50.20, up 0.75 percentage points from 49.45 in June; The comprehensive cost index was 50.14, up 0.96 percentage points from 49.18 in June; The inventory index was 50.27, down 0.07 percentage points from 50.34 in June; The e-commerce sales index was 50.95, up 0.06 percentage points from 50.89 in June.

2、 Data analysis

1. The market performance is good

In July, the proportion of the increase in the total business volume of the selected market was 32.26%, 32.26 percentage points higher than that in June; The proportion of the increase of logistics delivery volume in the selected market was 29.03%, up 29.03 percentage points from June; It can be seen that the market operation in July rose as a whole compared with that in June.

Figure 5: Managers' total business volume index

Figure 6: Logistics delivery volume index of managers

2. Good market performance

In July, the proportion of the increase in the market opening rate was 25.81%, 25.81 percentage points higher than that in June; The proportion of increase in passenger flow in the selected market was 25.81%, 22.58 percentage points higher than that in June; The proportion of the market rent that is selected to be equal is 80.65%, more than 80%. It can be seen that the market opening rate and passenger flow increased in July, the rent was stable, and the market was operating well.

Figure 7: Manager door opening rate index

Figure 8: Passenger flow index of managers

Figure 9: Manager Rent Index

　　 3. Business performance of merchants is good

In July, the total sales of selected merchants increased by 23.13%, 13.54 percentage points higher than that in June; The profit of selected merchants increased by 22.45%, 14.23 percentage points higher than that in June; The proportion of increase in the sales price of selected merchants was 23.13, 21.76 percentage points higher than that of 6. It can be seen that the business situation of merchants in July rose as a whole compared with that in June.

Figure 10: Merchant sales index

Figure 11: Merchant profitability index

Figure 12: Average selling price index of merchants

　　 4. The merchant operates well

In July, the overall cost of selected merchants was 91.84%, more than 90%; The proportion of selected merchants with flat inventory is 90.48%, more than 90%. Merchants have stable operating costs, stable inventory, stable operation and good condition.

Figure 13: Merchant comprehensive cost index

Figure 14: Merchant Inventory Index

　　 5. E-commerce sales were basically flat

In July, the proportion of e-commerce sales in the selected market was 70.97%, the proportion of e-commerce sales in the selected market was 19.35%, and the proportion of e-commerce sales in the selected market was 80.95%. The manager e-commerce index rose slightly, and the merchant e-commerce index was basically flat.

Figure 15: Managers' e-commerce sales index

Figure 16: Merchant e-commerce sales index

　　 3、 Prediction index

The data shows that, for managers, the manager prosperity index in the next period is 51.61, up 3.87 percentage points from 47.74 in June; The business environment index for the next period was 52.26, up 4.52 percentage points from 47.74 in June. In terms of merchants, the business climate index of the next period is 53.81, up 3.33 percentage points from 50.48 in June; The business environment index for the next period was 53.67, up 3.19 percentage points from 50.48 in June.

Attachment:

1. Monitoring methods

"Prosperity index of textile and clothing professional market" consists of "manager index" and "merchant index". Using the sampling method, select markets and merchants of different business categories such as clothing, fabrics, home textiles and small commodities nationwide, and fill in the managers' prosperity index questionnaire and merchants' prosperity index questionnaire respectively.

　　 2. Monitoring samples

　　 The managers' prosperity sample consists of 31 professional textile and clothing markets, including Guangzhou Baima Clothing Market, Shandong Jimo Clothing Market, Jiangsu Dieshiqiao Home Textile Market, Shanghai Xinqipu Clothing Market, and Liaoning Xiliu Clothing Market. The business prosperity sample consists of 147 businesses such as Taotao Clothing, Suntory Textile, Weibang Home Textile, and Vitoli Cashmere.

　　 3. Monitoring period

The business climate monitoring cycle is monthly, submitted at the end of each month, and released at the beginning of the next month.

　　 4. Index composition

In the "Prosperity Index of Textile and Garment Professional Market", the "manager index" consists of four first level indexes, namely, the current manager prosperity index, the next manager prosperity index, the current business environment index, and the next business environment index; The "current manager prosperity index" consists of six secondary indexes, namely, total business volume index, logistics delivery volume index, passenger flow index, door opening rate index, rent index and e-commerce sales index.

The "merchant index" consists of four primary indexes, namely, the merchant prosperity index of the current period, the merchant prosperity index of the next period, the business environment index of the current period, and the business environment index of the next period; The "merchant boom index of the current period" consists of six secondary indexes, namely sales index, average selling price index, profitability index, comprehensive cost index, inventory index and e-commerce sales index.

　　 5. Exponential analysis

The positive index includes managers' total business volume index, logistics delivery volume index, passenger flow index, merchant opening rate index, rent index, e-commerce sales proportion index and merchant sales index, average selling price index, profitability index, e-commerce sales proportion index. If the positive index exceeds 50, it indicates that the business situation is optimistic, and the greater the value, the more optimistic it will be; The positive index is lower than 50, indicating that the business situation is not optimistic; The smaller the number, the more pessimistic.

The reverse index includes merchant cost index and inventory index. When the cost index exceeds 50, it indicates that the merchant's cost pressure decreases. The larger the value, the smaller the cost pressure; The cost index is lower than 50, indicating that the merchant's cost pressure increases. The smaller the value, the greater the cost pressure. When the inventory index exceeds 50, it indicates that the merchant's inventory pressure decreases. The larger the value, the smaller the inventory pressure; The inventory index is lower than 50, indicating that the merchant's inventory pressure increases. The smaller the value, the greater the inventory pressure.

(Source: China Textile Federation Circulation Branch)