Industry News & Information About China’s Gifts & Crafts Export in 2008

China’s Craft Gifts Exports Amount in the the First Three Months of 2008 Down by 7 Percent over the Previous Corresponding Year

China’s US $4-billion craft gifts industry is experiencing a slowdown in export growth rates, as suppliers deal with high raw material and increasing labor costs. Cuts in export tax rebates and the rising value of the yuan are also adding to the pressure.

Confronted by these challenges, export sales and volume in 2008 are foreseen to dip or at least remain at current levels. During the first three months of 2008, overseas revenue amounted to US$807 million, down by 7 percent over the previous corresponding year. In volume terms, shipments in the same period went up by a mere 0.8 percent. More details please visit:-triathlonhaaste.fi pa-resurs.se webplett.no rowlab.no bokpanett.no norskaero.no orland-bluesklubb.no

China suppliers offer an extensive array of craft gifts in different materials, with designs made of porcelain and ceramic, polyresin, metal, glass and crystal, and wood constituting the bulk of exports.

Many suppliers of China are optimistic about sales growth, particularly for metal, and glass and crystal crafts. These product categories are enjoying higher demand than others, partly because they have a stronger contemporary appeal and are deemed more environment-friendly.
Despite rising production costs, many suppliers are optimistic about sales growth, particularly for metal, and glass and crystal crafts. These product categories are enjoying higher demand than others, partly because they have a stronger contemporary appeal and are deemed more environment-friendly.

Gifts & Crafts Products Trends:

While handpainting remains a unique selling point for China-made crafts & gifts, more companies are investing in high-tech equipment, including laser-engraving machines for glass and crystal designs.

With the intensifying preference for “green” products worldwide, environment-friendly designs will be the key trend for China-made craft gifts in coming months. Plant-based dyes and certified materials with low lead content will be used in greater numbers.

In line with expanding design ranges, most manufacturers will boost their capacity by 20 to 50 percent in the next 12 months.

In detail, the following are some of the key trends we see in China’s crafts & gift industry:
– Decorative craft gifts such as tabletop figurines, miniature replicas, decors and wall hangings made of ceramic and porcelain, metal, polyresin, glass and crystal, and wood. Functional products such as photo frames, clocks and candle holders are excluded.

– The rising cost of tin, wood and clay is likely to carry on through the rest of 2008, forcing the majority of makers to increase prices. Most companies doing so will cap markups at 5 percent to stay competitive.

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