Source: Yiwu sourcing agent Author: Gary Date: 2008-01-03
The approaching Christmas makes gifts from Yiwu Market displayed early in the department stores all over the world. In recent days, people in America and European countries have been busy buying all kinds of Christmas gifts from stores to celebrate their annual biggest festival.
Christmas has always been a day western people spend large amounts of money. In the U.S., Mexico and European countries and regions, December is thought of as one of the main shopping seasons. Insiders say, the Christmas gifts exported through the platform of Yiwu Market still account for 70 percent in American and Mexican markets and over 50 percent in European market this year.
If you take a careful look at the labels of toys in British market, you can find almost all the toys, ranging from the Teddy Bear at the price of 2 pounds to the remote-controlled Robocop or international chess sets made of walnut at the price of some one hundred pounds, are China-made products. Therefore, Chinese products have already played a very important role in the toy market of Britain. It is also found in the Christmas gifts on sale in Britain that Chinese products still diip the advantage of low price. Almost all of those Christmas gifts at low-or-middle level were exported from Yiwu. Once a foreign businessman said, because of the cheap price and high variety, American and European businessmen still favor Chinese products, especially the labor-intensive Christmas gifts, and come for procurement in succession. Sources say over 70 percent of the Christmas products in the world this year come from China. Take Christmas trees for example, China-made Christmas trees have already taken two-thirds of the world market. Other typical Christmas products like Santa Claus costume, bells, colorful ribbions, dolls, sleds, colored lights and hanging decorations have even become Yiwu's specialties. It has become a common view today that Yiwu products decorate the global Christmas.
Despite the new record in the export volume of Yiwu's Christmas products, the profits of the Christmas gifts industry are decreasing to about 10 percent on the average. It should be attributed to the tense competition and the price rising of raw materials. Since the "Christmas cake" in China's dishbelongs to the part with middle-or-low added value, we have to put more emphasis on the brand develop ment and technological improvement. It is learned from the Christmas gifts area of the International Trade City as well as some enterprises that the sale of Christmas gifts this year is coming to an end and that most of the Christmas products still in hand are to supply the local customers. Some trade companies and enterprises have even begun to produce Christmas products for next year.
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