Data Analysis: The Prosperity Index Of Textile And Clothing Professional Market Declined In October

The prosperity monitoring results of China Textile Federation Circulation Branch show that in October 2023, the prosperity index of managers of the national textile and clothing professional market will be 52.26, down 1.61 percentage points from 53.87 in September; The business climate index of professional market was 51.38, down 1.29 percentage points from 52.67 in September.

　　 1、 The prosperity of managers and merchants declined

Data shows that in October, the prosperity index of managers of the national textile and clothing professional market declined, and the prosperity index of merchants declined.

1. Managers' prosperity index dropped by 1.61 percentage points

Table 1 List of Manager Index

From the perspective of managers' prosperity index, in the total index, the managers' prosperity index in October was 52.26, down 1.61 percentage points from 53.87 in September; The business environment index was 53.23, up 0.65 percentage points from 52.58 in September.

Among the sub indexes, the total business volume index was 52.58, down 1.29 percentage points from 53.87 in September; The logistics shipment index was 52.90, down 0.97 percentage points from 53.87 in September; The passenger flow index was 52.58, 1.29 percentage points lower than 53.87 in September; The door opening rate index was 52.90, down 0.97 percentage points from 53.87 in September; The rental index was 51.61, down 2.26 percentage points from 53.87 in September; The e-commerce sales index was 50.97, down 2.90 percentage points from 53.87 in September.

2. Business climate index dropped by 1.29%

Table 2 List of Merchant Indexes

From the perspective of business climate index, the business climate index in October was 51.38, down 1.29 percentage points from 52.67 in September; The business environment index was 52.20, down 2.44 percentage points from 54.64 in September.

Among the sub indexes, the sales index was 52.60, down 3.40 percentage points from 56.00 in September; The average price index was 52.53, down 2.54 percentage points from 55.07 in September; The profit index was 52.73, 2.84 percentage points lower than 55.57 in September; The comprehensive cost index was 49.73, up 2.59 percentage points from 47.14 in September; The inventory index was 49.67, up 0.24 percentage points from 49.43 in September; The e-commerce sales index was 51.00, down 1.79 percentage points from 52.79 in September.

　　 2、 Data analysis

1. The market performance is good

In October, 67.74% of the total business volume of the selected market was flat, and 64.52% of the total logistics shipment volume of the selected market was flat. September was the peak season of the professional market for the whole year. The market operation in October was basically flat compared with September, and the two indexes were higher than 50. The peak season continued and the business performance improved.

Figure 1 Total business volume index

Figure 2 Logistics Delivery Index

2. Good market performance

In October, the proportion of the selected market opening rate was 70.97%, the proportion of the selected market passenger flow was 61.29%, and the proportion of the selected market rent was 83.87%. The market opening rate, passenger flow, and rent in October were basically the same as those in September. The operation was stable, and the three indexes were all higher than 50. The market was operating well.

Figure 3 Door opening rate index

Figure 4 Passenger Flow Index

Figure 5 Rent Index

3. Business performance of merchants is good

In October, the proportion of the total sales of the selected merchants was 70.00%, the proportion of the profit of the selected merchants was 68.67%, and the proportion of the sales price of the selected merchants was 70.67%. The business situation of the selected merchants in October was basically the same as that in September. The three indexes were higher than 50, and the business performance was good.

Figure 6 Sales Index

Figure 7 Profitability Index

Figure 8 Average selling price index

4. Merchant pressure operation

In October, the proportion of comprehensive cost of selected merchants was 97.33%, and the proportion of inventory of selected merchants was 92.67%. The operating cost and inventory of merchants were basically the same as those in September, and both indexes were lower than 50, which shows that merchants have great operating pressure.

Figure 9 Comprehensive Cost Index

Figure 10 Inventory Index

5. E-commerce sales are stable and improving

In October, the proportion of e-commerce sales in the selected market was 83.87%, and the proportion of e-commerce sales in the selected merchants was 90.00%. Both indexes were higher than 50, and e-commerce sales were stable and good.

Figure 11 Manager E-commerce Sales Index

Figure 12 E-commerce sales index of merchants

3、 Prediction index

The data shows that, for managers, the manager prosperity index in the next period is 51.94, down 0.64 percentage points from 52.58 in September; The business environment index for the next period was 51.94, down 0.64 percentage points from 52.58 in September. In terms of merchants, the business climate index of the next period is 52.20, down 2.80 percentage points from 55.00 in September; The business environment index for the next period was 52.07, down 2.93 percentage points from 55.00 in September.

enclosure:

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 boom monitoring cycle shall be 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 shipment 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)