Performance and Development Trends of Multiple Indices in Yongkang Hardware Industry in November 2025

In November 2025, the hardware industry in Yongkang exhibited diverse development trends, with varying performance across different indices. As of that month, the three major prosperity indices for Yongkang hardware showed a pattern of two increases and one decrease: the production prosperity index and the foreign trade prosperity index rose slightly, while the market transaction prosperity index declined month-on-month. Let’s first look at the market transaction prosperity index. As of November 2025, this index closed at 93.13 points, a decrease of 1.05 points month-on-month. Compared to October, the factor supply prosperity index increased month-on-month, while the market demand prosperity index, the operating efficiency prosperity index, and the overall judgment prosperity index decreased month-on-month, showing a pattern of “one increase and three decreases” across the four sub-indices. This may reflect that while factor supply has improved in the market transaction process, overall market demand, operating efficiency, and the general assessment of market participants are not optimistic. Regarding the production prosperity index, it closed at 98.36 points in November, up 1.82 points month-on-month. All four sub-indices—factor supply prosperity index, market demand prosperity index, operating efficiency prosperity index, and overall assessment prosperity index—rose month-on-month, showing an overall upward trend. This indicates that the hardware production sector in Yongkang performed well in November, with positive development trends in all aspects, possibly due to increased production investment by enterprises and increased market demand for hardware products. The foreign trade prosperity index also rose, closing at 95.54 points in November, up 1.65 points month-on-month. The market demand prosperity index, operating efficiency prosperity index, and overall assessment prosperity index all rose month-on-month, while the factor supply prosperity index declined slightly, showing a “three rises and one fall” pattern among the four sub-indices. This indicates that in foreign trade, market demand and operating efficiency have improved, but factor supply remains slightly insufficient. Looking at the price indices, in November 2025, the three major hardware price indices in Yongkang showed mixed trends. The market transaction price index rose slightly, closing at 97.97 points in November, a month-on-month increase of 0.03 percentage points. Among the eight major hardware industries, four saw increases and four saw decreases, with the automotive industry showing the largest increase, rising 2.70 percentage points month-on-month. The producer price index decreased slightly, closing at 99.83 points, a month-on-month decrease of 0.22 percentage points, also showing a “four increases and four decreases” pattern. The technical equipment industry saw the largest increase, rising 2.36 percentage points month-on-month. The foreign trade price index rose moderately, closing at 100.79 points, up 0.71 percentage points month-on-month, showing a pattern of “three increases and five decreases.” The leisure equipment industry saw the largest increase, rising 3.24 percentage points month-on-month. Looking at industry development-related indices, as of November 2025, the Yongkang hardware industry is showing a positive development trend. The Yongkang hardware e-commerce index gradually increased to 117.06 points, up 0.16 points month-on-month, with the cross-border e-commerce index showing strong growth momentum. The Yongkang hardware innovation index steadily climbed to 128.04 points, up 0.85 points month-on-month. Although the innovation input index slightly decreased, the innovation output index rose significantly. The Yongkang hardware industry chain index rose slightly, closing at 104.32 points, up 1.14 points month-on-month, with all aspects of the industry chain showing good performance. Overall, in November 2025, the hardware industry in Yongkang experienced varying degrees of development across different aspects. While there were positive trends, there were also areas requiring attention and improvement. The future development of the industry will require continued monitoring of changes in various indices.