Source: Yiwu sourcing agent Author: Gary Date: 2011-07-24
"Yiwu Crafts mostly sold to Middle East market, instability in the Middle East, but many of the guests said it was possible to purchase the next one." Yiwu Technology Co., Ltd. mainly produces the Lunar New Year Blessing crafts class, and now, the business was dragged down the situation in the Middle East. "We also want access to European markets, but European and American markets for the product is very high, the production is very difficult." The company staff said.
In comparison, the Noble Family Crafts Co., Ltd. Yiwu situation is much better, they have gradually brought out the plight of the Middle East, successfully enter the European market.
"Our factory orders for very large European and American markets." Company for Wu Dan, the "Noble Family" mainly produce acrylic wall stickers, last year, they are from Japan and South Korea, Europe and other countries to introduce new technologies, the traditional decorative wall posted an increase of "mirror" effect, and the development of a thousand kinds of styles.
"They originally used is the European technology, sold to Europe to sell natural." Wu Dan's idea really is market-proven, at present, the export market transitions has tasted the sweetness allow enterprises. "Since expanding our U.S. and European markets, the company increased by 30% or more benefits."
Wang Yiwu Crafts Association Secretary-General said that the domestic price increases, labor costs, corporate profits from the products sold in the Middle East market is very low. Therefore, many enterprises in technological change, production of high quality, high value-added products, choose to enter the European market, is inevitable.
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