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Mainland China
Exported Over US$330 Million Worth of Faucets in the First Quarter of 2006 – Up
30 Percent Year-on-year
Mumbai, India,July 28, 2006 -
Bharat Book Bureau has added "China
Sourcing Report: Faucets"
(http://www.bharatbook.com/detail.asp?id=10849)
to its huge collection of business market research reports.
The report
indicates that buyers sourcing faucets from mainland China can expect higher
prices and improved designs in the coming months. These findings are based on
in-depth manufacturer interviews, factory visits and surveys.
“While export volume has been falling, export
value has been rising, with prices up due to higher raw materials cost and an
increase in exports of high-end models,” said Global Sources’ General Manager of
Content Development, Michael Kleist. The report shows, in the next 12 months:
· 83
percent of manufacturers plan to increase prices;
· 16
percent expect to keep prices the same, and;
· 1
percent plan to decrease prices.
Mainland China
Faucet Makers Focus on Higher End, Value-Added Designs
Kleist said: “In
the coming months, makers are expected to continue to focus on more aesthetic
designs and to add new features to attract buyers looking for high-end models.”
Among surveyed manufacturers:
· 30 percent
are developing models with water-saving features;
· 29
percent are creating more aesthetic designs, and;
· 25
percent are working on models with better corrosion/tarnish resistance.
The 144-page report includes detailed
profiles of 85 mainland China manufacturers and features a product gallery with
283 top-selling export models. It also includes production and pricing forecasts
as well as in-depth reports on major and emerging supply centers in mainland
China.
China Sourcing Reports provide
proprietary market information from extensive factory visits and in-person
interviews with China manufacturers. They help buyers make better-informed
purchasing decisions.
China Sourcing Report: Faucets is
available at
http://www.bharatbook.com/detail.asp?id=10849
.
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