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The upside forecast for the fashion creativity index in the next quarter remains clear

The world textile to see China, Chinese textile to see Keqiao. With the rapid development of the global textile industry, Shaoxing Keqiao, China, with its profound textile industry foundation and unique market advantages, has become the most representative textile cluster base in the country and the focus of the world textile industry. Data show that in 2023, the textile industry in Keqiao District achieved an output value of 127 billion yuan, accounting for 55% of the total industrial output value. Among them, the printing and dyeing industry achieved an output value of 56.1 billion yuan, an increase of 3.2%; The output value of chemical fiber, weaving and garment industries reached 36.53 billion yuan, 31.37 billion yuan and 3.08 billion yuan respectively. Textile exports reached 109.4 billion yuan in the year, an increase of 5.2%.


In the first quarter of 2024, Keqiao textile industry highlights, according to the official data of the Ministry of Commerce, in March 2024, the Keqiao textile prosperity index was 1188.88 points, up 0.4% from January, of which, the clothing fabric prosperity index performance is particularly bright, an increase of 4% from January, laying a good foundation for the follow-up rapid development of 2024.


According to the "China · Keqiao Fashion Index" information system monitoring, in the first quarter of 2024, Keqiao Fashion Index fell slightly, the index closed at 136.98 points, down 8.05% from the previous quarter, but still higher than the same period last year.


In the first quarter of 2024, Keqiao Fashion Creativity Index closed at 146.20 points, down 8.83% from the previous quarter and up 4.56% from the same period last year. Overall, although the first quarter of the fashion creativity index has declined, but with the future economic recovery, the gradual release of domestic demand vitality and the awareness of Keqiao clothing and textile merchants change and change, Keqiao from the world fabric distribution center to the global fashion source of the evolution of the process has not stalled, the acceleration of the evolution of the full range of momentum is sufficient, the next quarter of the fashion creativity index upward expectations are still clear.

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