Development status of the global economic downturn plastic products market

[ Jiuzhi Plastics News] Last year, the global economy was in a downturn, market demand was sluggish, the domestic economy was down, and export pressure was high. According to statistics, the total export value of seven major categories of plastic products , clothing, bags, shoes, textiles and toys was 2.93 trillion yuan, down 1.7% year-on-year.
In the first two months of this year, the export of plastic products was 34.92 billion yuan, down 11% year-on-year. Among them, the export value of primary-shaped plastics was 3.61 million tons, a year-on-year decrease of 4.7%. The export value of plastic products in March was 4.585 billion yuan, a year-on-year increase of 39.48%. According to the latest statistics, China's plastic products exports in the first four months of this year were 3.17 million tons, a year-on-year increase of 6.7%.
At present, China's plastic products export pressure is still large, foreign trade development has certain difficulties, and direct trade with Japan and the EU is decreasing. For China's plastic products enterprises, it is extremely urgent to find a market with great development potential as soon as possible. Australia's economy is developed, products are rich, consumer demand is strong, the domestic plastics industry is slightly weak, and most plastic products rely on imports, which is a huge potential market for China's plastic products and plastics machinery enterprises. As Australia's demand for environmentally friendly plastics continues to increase, so does the demand for new plastic machinery and related products. China can not only export plastic machinery with price advantage in the locality, but also provide local enterprises with equipment for processing plastics. It can also supply various plastic products produced by itself. The two complement each other and drive the development of the entire plastic products industry in Australia.
Under such a severe foreign trade situation, solving the export problems of enterprises can start from the following three aspects:
First, establish and improve the product quality management system, improve product quality, strictly control the quality of raw materials, and prevent crude materials from being put into production.
The second is to strengthen investment in product technology and technology, accelerate the research and development of innovative products, reduce the production of low-end inferior products, increase the ratio of high-tech products, and strictly control the use of brominated flame retardants.
Third, enterprises should change traditional trade methods, actively participate in various domestic and international exhibitions, and adopt various marketing methods such as e-commerce.
According to Xiaobian, the export volume of China's plastic products market is decreasing. The reasons are as follows: First, foreign anti-dumping. Jiuzhi Plastics Network Xiaobian believes that if China bans implementation, foreign countries will strictly investigate Chinese plastic products, anti-dumping investigations will continue to increase. Secondly, China's plastic products are mostly rough-processed products, which will be difficult to meet the needs of the European and American markets. Finally, most domestic products do not have a sound quality management system. In view of the above reasons, Xiao Bian believes that on the one hand, it can find a broader development space in China, on the other hand, it can improve the quality of senior products.

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