Decline in profit margins, the situation of export-oriented cabinet enterprises is grim

This year, with the price of wood and the restrictions of foreign economic policies, although the sales of cabinets have increased compared with last year, but because of the decline in profit margins, export-oriented enterprises have suffered.

The first reason is that the production costs (including labor costs) of foreign cabinet enterprises are too high. The main reason why foreign merchants like Chinese cabinet products is that Chinese cabinet products have advantages in style, variety and price. Moreover, the cost of products purchased by foreign cabinet manufacturers in China is much lower than that of products produced in their own countries. More foreign companies are turning high-cost production methods to the domestic market, which makes foreign manufacturers or merchants have a lower cost. The cost of buying cabinet products is profitable. Secondly, after the financial crisis, the recovery of the global economy has also prompted the export market of domestic cabinet enterprises to improve.

At present, the impact of factors such as rising raw material prices and rising labor costs has seriously hindered the export of domestic cabinet enterprises. In addition to the financial crisis, the global economy has not fully recovered, and there are still many unstable factors. Chinese export companies have to It will take a few years to recover to the level before the financial crisis.

The situation of export-oriented cabinet enterprises is grim

Judging from the current status of cabinet exports across the country, the export volume of cabinet products from the North, Jiangsu and other regions will gradually decrease, and more export focus will shift to South China. At the same time, some companies will feel that the export situation is more complicated. The export performance of cabinet export enterprises is closely related to the cabinet industrial zone, the scale of the enterprise, the product structure, and the nature of the product. Large-scale, well-managed, and well-serviced companies will be less affected. In addition, the price of wood has risen by 20% to 30%, and the export profit of cabinets has fallen. Compared with foreign export markets, the profit of cabinet products in the domestic market is relatively higher. At present, foreign buyers, especially some new customers, are more cautious, more discerning, and stricter in choosing Chinese export products. They tend to shop around, and foreign buyers have higher environmental protection requirements for products. The density of the board is stricter.

Judging from the trend of domestic cabinet product exports, first of all, foreign buyers will transfer to industrial regions with complete industrial chains and fast services. Secondly, foreign manufacturers are more cautious about domestic cabinet products, they will choose carefully and pay more attention to prices; at the same time, the purchase volume of foreign projects will be reduced and will be transferred to other civilian uses.
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