Analysis Of Economic Operation Data Of Clothing Industry From January To March In 2021

In the first quarter of 2021, benefited from the obvious recovery of domestic and international market demand and the stable and smooth supply chain of the industrial chain, the sustained recovery trend of China's clothing industry was further consolidated, the domestic sales and exports of clothing maintained growth, the clothing production basically returned to the scale of the same period in 2019, the development of new formats and new models was better, and the integration of online and offline was accelerated, It shows a good start and high-quality development vitality. However, due to the rising prices of raw materials, labor costs, high logistics freight and other factors that raise the comprehensive cost of enterprises, as well as the impact of the epidemic situation and the uncertainty of the external environment, there are still great pressures and difficulties in the stable recovery and innovative development of China's clothing industry.

　　 Production:

According to the data of the National Bureau of statistics, from January to March 2021, the industrial added value of Enterprises above Designated Size in the clothing industry increased by 17.5% year-on-year, and the output of clothing reached 5.26 billion pieces, a year-on-year increase of 24.1%, and an average decrease of 0.5% in two years.

for the domestic market:

According to the data of the National Bureau of statistics, from January to March 2021, China's total retail sales of consumer goods reached 10522.1 billion yuan, a year-on-year increase of 33.9%, and an average increase of 4.2% in two years. Among them, the total retail sales of clothing goods of units above the quota reached 249.6 billion yuan, up 59% year on year and 2.2% on average in two years.

According to the data of the National Bureau of statistics, from January to March 2021, the online retail sales of physical goods reached 2306.7 billion yuan, a year-on-year increase of 25.8%, and an average increase of 15.4% in two years. Among them, online retail sales of wearing goods increased by 39.6% year-on-year, with an average growth of 8.9% in two years.

　　 exit:

According to the data of China Customs, from January to March 2021, China's total exports of clothing and accessories reached 33.295 billion US dollars, a year-on-year increase of 47.7% and an average increase of 8.3% in two years.

　　 investment:

According to the data of the National Bureau of statistics, from January to March 2021, the actual completed investment of China's clothing industry increased by 17.1% year-on-year, and the growth rates were 1.1% and 12.7% lower than the overall level of textile industry and manufacturing industry, with an average decrease of 20.3% in two years.

　 Benefits:

According to the data of the National Bureau of statistics, from January to March 2021, there were 12434 Enterprises above Designated Size (annual main business income of 20 million yuan and above) in the clothing industry, with an operating income of 296.819 billion yuan, a year-on-year increase of 16.55%, and an average decrease of 5.6% in two years; The total profit was 11.589 billion yuan, a year-on-year increase of 43.29%, and an average decrease of 10.0% in two years; The profit margin of operating revenue was 3.90%, 0.72% higher than that in the same period in 2020, but still lower than 0.9% in the same period of 2019.

Note: the two-year average growth rate is based on the first quarter of 2019 and calculated by geometric average method.

Source: National Bureau of statistics, China Customs