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Bag/Suitcase Exports Decreased by the Shrunk Demands

Author:Shenzhen Customs of China

Release Time:12/06/2012

Price: $58 $29

Attention Rcvd:

According to the statistics by Shenzhen Customs, in the first 7 months 2012, Shenzhen exports of bags/suitcases and similar containers totaled USD 1.28 billion, down 15.3% year-on-year.

1. Main causes of Shenzhen bag/suitcase exports down in first 7 months 2012:

(1). Depressed economy in main consumption markets with shrunk demands;

(2). Rising enterprise cost and weakened price competitiveness resulted in the less exports.

2. Notable Matters:

(1). International high-end brands speed up into China market, squeezing survival space of domestic firms.

(2). Low competitiveness of domestic bag/suitcase makers, at the lowest end of the industrial chain for long.
(To be Continued)......Totally 9 Pages in This Report
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