Export Growth Of Christmas Products In China Has Slowed Down Significantly

China is the largest producer of Christmas products.

Because shipping and shelves need 2-3 months, the export of domestic Christmas products is usually concentrated in 6-10 months.

Yiwu customs data show that in the first three quarters of this year, 16 thousand tons of Christmas products exported by Yiwu customs were worth 88 million 940 thousand US dollars, up 44.7% and 4.4% respectively over the same period last year.

Mr. Wu, the head of a gift processing company in Yiwu, told reporters that most of the Christmas products this year

However, due to the increase in labor and material costs, the gross profit margin of related products is still down by 2 percentage points.

Mr. Wu told reporters that the low end Christmas products such as candles and artificial Christmas trees were disposable goods, and the prices were low. Even in the 2009 financial crisis, orders were stable.

The demand for Christmas products with exquisite workmanship and relatively high prices is obviously less than that of the former. Therefore, it is relatively large under the condition of economic depression.

According to customs statistics from Qingdao, Fujian and Ningbo, the export volume of Christmas products this year increased by 15.9%, 10.3% and 63.7% respectively from the above three customs offices.

From a specific point of view, the impact of the European debt crisis on exports is obvious.

In the first three quarters, the export of Christmas products from the Qingdao customs to the European Union amounted to US $5 million 43 thousand, up only 2.1% from the same period last year.

In 1-10 months, Ningbo port exported 130 million US dollars to the European Union, an increase of 2.7% compared with the same period last year, and exported 81 million 570 thousand dollars to US exports, up 5.3% from the same period last year.

According to Ningbo customs statistics, the European debt crisis has seriously affected the orders of toys and gift industries. Among them, toy orders dropped by 10%, gift orders fell by 20%-30%, and some businesses even dropped by 70%.

According to the Christmas products industry practice, every year after Christmas, the order and stocking period of next year are gradually entered.

Reporters found that the traditional export Christmas products gathering place has quietly begun to prepare for market pformation.

Recently, xetan village, located in Ruian, Wenzhou, spent 500 thousand yuan on Christmas craft gift culture festival, attracting many domestic buyers.

According to statistics, more than 200 of the 600 households in xetan village are sold as Christmas products and gifts, and are known as "Christmas villages".

The village committee leader told the media that he hoped to expand the domestic market by holding exhibitions.

Chen Jinlin, Secretary General of Yiwu Christmas products industry association, said in an interview that in recent years, the number of Christmas products exported to Yiwu and other emerging markets in Yiwu has increased rapidly, and the total trade volume is expected to exceed that of the European and American markets.

In addition, the share of the domestic market also accounted for 20%, and sales continued to increase.