In the fourth quarter of 2010, retail sales in Macau reached 8.18 billion yuan, reflecting a 25% year-on-year increase. Among the key categories, sales of watches and jewelry accounted for 1.91 billion yuan, making up 23% of total retail sales. Department stores contributed 16%, adult apparel 11%, leather goods 10%, automotive and supermarket products 7%, cosmetics and health supplies 4%, and automotive fuels 3%.
Comparing the fourth quarter to the revised third quarter, retail sales rose by 9% from 7.53 billion yuan. Notably, adult clothing saw the largest increase at 34%, followed by cosmetics and hygiene products with a 33% rise, and department stores increasing by 21%.
Throughout 2010, total retail sales amounted to 29.5 billion yuan, marking a significant 32% growth compared to 22.35 billion yuan in 2009. Leather goods led the way with a 64% increase, while watches and gold ornaments rose by 48%, and car sales grew by 43%.
When adjusted for price changes, retail sales in the fourth quarter of 2010 increased by 16% year-on-year. Footwear saw the highest growth at 47%, followed by leather goods and cosmetics at 44% each, and adult clothing rising by 30%.
Looking at quarterly performance, retail volume in the fourth quarter increased by 5% compared to the previous quarter. Makeup and hygiene products surged by 35%, while footwear and adult clothing rose by 30% and 28%, respectively. Overall, annual retail volume in 2010 increased by 22% compared to 2009, with leather goods growing by an impressive 55%.
Regarding sales performance, approximately 19% of retailers reported lower sales in the fourth quarter compared to the third quarter, but this was still 25 percentage points higher than the same period in the previous quarter, indicating overall stability or growth. A majority of retailers, 81%, experienced stable or improved sales.
On pricing trends, 52% of retailers noted that prices remained stable, while 36% observed increases. Only 12% believed prices had declined.
Compared to the same quarter in 2009, about 68% of merchants stated that inventory levels were normal, while 12% reported low stock.
Looking ahead, around 79% of retailers expected sales in the first quarter of 2011 to remain stable or increase compared to the fourth quarter of 2010, while 21% anticipated a decline. Additionally, 89% of retailers predicted that prices would stay stable or rise, with only 11% expecting a drop.
Dry Fit Mesh Fabric,Uniform Fabric,Polyester Eyelet Mesh Fabric,Bird Eye Mesh Fabric
Shaoxing Xiaotrain Imp.&Exp Co., Ltd , https://www.xiaotrain.com