Hardware lighting industry ushered in a crisis of low-end products


First, the main features of Shenzhen's lighting exports in the first seven months of this year (1) The export growth in each month was strong, and the export in July reached a record high. Since February of this year, the export value of China's lamps and lanterns has risen month by month, and the monthly export has maintained a year-on-year growth rate of around 40%. Among them, the export volume in July reached 180 million US dollars, an increase of 39.7 year-on-year and a 30.6 month-on-month increase. new highs.
(2) Mainly exporting by general trade and increasing its proportion. In the first seven months, China exported 540 million US dollars of lamps by general trade, a substantial increase of 57.4, accounting for 58.7 of China's total exports of lamps and lanterns during the same period, an increase of one percentage point over the same period last year. In the same period, the export of processing trade was 210 million US dollars, a rapid increase of 35.1.
(3) Mainly exported to traditional markets such as Europe and the United States, and exports to ASEAN doubled. In the first seven months, China’s exports of lamps to the EU reached US$270 million, an increase of 23.2; exports to the US were US$240 million, an increase of 21; exports to Hong Kong were US$110 million, an increase of 1.1 times; exports to the above three regions accounted for the same period of China’s exports of lamps The total amount is 67.4. In addition, exports to ASEAN amounted to US$93.48 million, a 1.5-fold increase.
(4) Private enterprises and foreign-invested enterprises are the main exporters. In the first seven months, China's private enterprises exported 430 million US dollars of lamps, a rapid growth of 37.2; foreign-invested enterprises exported 320 million US dollars, a rapid increase of 94.8. The above two together accounted for 81.5% of the total export of China's lamps in the same period.
Second, the main reasons for the increase in the export value of lamps in Shenzhen in the first seven months of this year (1) China's lighting industry is developing rapidly and promoting the expansion of export scale. In recent years, China's lighting export enterprises have actively responded to unfavorable situations such as rising labor costs, rising raw material prices, RMB appreciation and technical trade barriers, breaking through technical trade barriers in developed countries, enhancing research and development of new products, increasing product added value, and stabilizing products. The share of high-end markets such as Europe and the United States. In addition, foreign large-scale lighting enterprises have gradually entered China, which has boosted the domestic technical level and design level of domestic enterprises, and promoted the steady growth of local lighting enterprises. At present, China has become the world's largest lighting appliance producer and the second largest lighting appliance exporter. country.
(2) The development of emerging markets has stimulated the export power of lighting companies. In recent years, China's lighting companies have increased their efforts to develop new markets. They have attracted overseas customers by holding lighting exhibitions in many countries and regions around the world, and the comprehensive tax reduction brought by the China-ASEAN Free Trade Area. Offers, stimulate the export power of enterprises to enhance. According to the Russian Chamber of Commerce in China, Russia has set up a Greenwood Business Park to help Chinese exporters open sales channels in Russia.

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