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Exports of plastic products remained stable
From January to April in 2017, China's exports of plastic products totaled 81.75 billion yuan, up 21.2 percent year-on-year, according to prospective database data. Exports in April reached 24.07 billion yuan, up 10.04% year on year.
The following is the monthly export amount statistics of plastic products since 2016:
Monthly export amount of plastic products
In China, the export of traditional intensive industries is more and more difficult, while the plastic products industry mostly falls into this category. The global economic performance is weak, the recovery is relatively slow and tortuous, the downstream and terminal demand is sluggish, the competitiveness of domestic products is insufficient and the cost advantage is lost, and the export of domestic plastic products will also embrace a new normal.
With the development of new materials, there is a significant difference in the demand structure of the plastic market. The contradiction between supply and demand is particularly prominent in China's plastic products market. The traditional plastic products are in excess, and the market demand is slowly decreasing, while the high-tech plastic products industry, which is in short supply, is developing slowly in China. With the development of technology, domestic plastic production enterprises should pay attention to the development trend of the industry and the structural problems they are facing. For plastic manufacturers, there is undoubtedly a large number of potential markets in the world.