Brief analysis of plastic products exports in the first half of 2021

In 2020, due to the epidemic factors, face masks, protective clothing, home appliances, toys and other industries export orders are strong, to come By the beginning of 2021, due to China’s strong control of the epidemic, plastic products were hot, especially in developed areas such as Europe and the United States, and some orders will even reach 3-4 months later in 2021.In the first half of 2021, the scale of China’s import and export reached the highest historical level in the same period. The monthly import and export has achieved positive year-on-year growth for 13 consecutive months, and the steady growth trend of foreign trade was further consolidated. Plastic products, one of China’s top ten exports, continue to maintain steady growth, although the export growth has slowed. This also shows that with the normalization of epidemic prevention and control, manufacturing enterprises in various countries have gradually begun to resume work,especially the economic recovery in developed areas in Europe and the United States has gradually accelerated.
The difference between supply and demand caused by the epidemic is gradually weakening, but this is both a challenge and an opportunity. On the one hand, the epidemic is still being repeated in Europe and the United States and other places, and the spread of the novel coronavirus Delta variant has also caused concerns, but China is still the best country with the epidemic control. On the other hand, Europe and the United States and other countries’economic recovery will also impact on China’s exports, but because China also replaced the market share of many underdeveloped countries, so although under the influence of a higher base, the second half of the export year-on-year growth or will slow, but dueto the slow economic recovery, high foreign trade export demand, plastic products is still expected to maintain rapid growth.


Post time: Aug-10-2021