From January to July, the cumulative export volume of lighting fixtures and parts in China reached US$457,318.4 million, an increase of 13.4% year-on-year. Among them, the export volume in July reached 883.35 million US dollars.
The General Administration of Customs reported on August 12 that the statistics of the National Export Key Commodity Values ​​released by the General Administration of Customs in July 2008 showed that from January to July 2008, the cumulative export volume of lighting fixtures and parts in China reached US$457,318.4 million. It increased by 13.4% year-on-year. From January to July 2007, the cumulative export volume of lighting fixtures and parts in China reached US$403,356.1 million.
Among them, in July 2008, the export volume of lighting fixtures and parts in China reached 883.35 million US dollars.
According to statistics released by the General Administration of Customs, in June 2008, the export value of lighting fixtures and parts in China reached US$70,735,000. In the first six months, the cumulative export value reached US$368,965,100, a year-on-year increase of 13.9%.
Related comments: The growth of lighting export growth and the shrinking of the export market
On August 12th, Caixin.com reported that the cumulative export volume of lighting fixtures and parts from January to July in China reached US$457,318.4 million, an increase of 13.4% from US$403,356.1 million in January-July 2007. Among them, the export volume in July 2008 reached 883.35 million US dollars. According to statistics released by the General Administration of Customs, in June 2008, the export value of lighting fixtures and parts in China reached US$70,735,000. In the first six months, the cumulative export value reached US$368,965,100, a year-on-year increase of 13.9%.
Obviously, from the comparison of these data, since 2008, the export volume of lighting fixtures and parts in China has been in a relatively high growth state in the first 7 months. The increase in export volume indicates that the demand for overseas lighting market is expanding (at least indicating that the demand for Chinese lamps in overseas markets is increasing), rather than falling. This is a paradox with the argument that China's current lighting industry's export market is shrinking. The total export volume of lamps and lanterns is growing and the export market is shrinking, which is obviously different from the actual situation.
Although the data released by the General Administration of Customs reflects only the overall situation of the total export of lighting in the lighting industry, this data also indirectly indicates that the space for the export market of China's lighting industry is expanding rather than shrinking, so why is there an export market? What about the shrinking? We may be able to analyze the following aspects.
First, factors such as the appreciation of the renminbi and the export tax rebate policy have caused the profit margin of export-oriented enterprises to decline. As we all know, the appreciation of the renminbi in the first half of this year has accelerated, and it has exceeded 6.7 yuan in a period of time. By July 29, the central parity of the renminbi against the US dollar still reached a high of 6.8205:1. In the first seven months of this year, the appreciation of the renminbi accelerated, which made some export-oriented SMEs encounter great difficulties, and their profits fell or even lost. Although the appreciation rate of the RMB will slow down in the second half of this year, the volatility will increase, so the profitability of export-oriented enterprises is still not very clear. From this perspective, the export market of the lighting industry is shrinking. It is not that the specific market demand is shrinking, but the profit margin of export enterprises is shrinking. To put it in a more general way, it is to do the export is not as profitable as before.
Second, some overseas markets are sluggish. In the economic field, the most influential event in the world in 2008 was the subprime mortgage crisis that broke out in the United States. The US subprime mortgage crisis began to appear gradually in the spring of 2006. By August 2007, it had swept the world's major financial markets such as the United States, the European Union, and Japan. As usual, the impact of the US subprime mortgage crisis on the world was further magnified and Various industries have caused varying degrees of impact. j Financial industry is the cornerstone of all walks of life, this industry is sneezing, other industries will catch a cold. Its impact on various industries can be said to be a one-stop move. The lighting industry is in the downstream of the real estate and building materials industries, so it is inevitable to be affected by it. Especially in the lighting enterprises and markets that are the birthplace of this crisis in North America, the impact is even greater, so in terms of profit or market demand, the shrinking of the North American market in the lighting industry is theoretically more likely, of course. It is not excluded that some domestic enterprises will obtain greater profits in this market.
In addition, in the global region, there are other factors that cause the market for export-oriented enterprises in the lighting industry to shrink or the development plan to be blocked. For example, the economic crisis that broke out in Vietnam this year has caused many lighting companies in China to move over the plan not to be stranded or dead, which will undoubtedly affect the development of lighting companies with moving plans. influences.
Third, the overseas markets of some enterprises are shrinking, and the export market of most enterprises is still growing. Statistics released by the General Administration of Customs show that the total export volume of lighting fixtures and parts continues to grow at a high rate, rather than zero or negative growth. Although the growth of export volume and profitability cannot be simply equated, the relationship between the two is also inevitable. At the same time, it at least indicates that the demand for Chinese lamps in overseas markets should be increased instead of decreased. This shows that the shrinking export market of the lighting industry should only be said that the export market of some lighting enterprises is shrinking. The market of most lighting companies should maintain the status quo even if they are not expanded. Otherwise, it is impossible to illuminate the lighting fixtures from January to July this year. The year-on-year growth rate of total export value of parts and components increased to 13.4%.
Of course, we also understand that due to the influence of the state's macroeconomic regulation and control, China's real estate, building materials and other industries have been subject to certain restrictions in the first half of this year. The so-called fire in the city gate, the fish and the fish, are in the lighting industry downstream of these industries, and will naturally be affected. In addition, various factors such as rising raw material prices and increased labor costs have also caused certain difficulties for the development of lighting companies. But all these disadvantages have to be faced by all walks of life, not just the lighting industry; although during this period, some small businesses will inevitably fall into the dilemma of shortage of funds or even breaks, but these small enterprises are The lack of industry chain is not enough to endanger the development of the entire lighting industry. From the market rules of the survival of the fittest, to a certain extent, it is conducive to the upgrading and transformation of the entire industry.
In addition, there is a popular winter theory in the industry, and even some experts and scholars are advocating, and their arguments are of course related to the actual situation. In the current economic environment, it is inevitable that some small and medium-sized enterprises will stop production. However, as the economic situation improves, some enterprises that have died down at this stage do not rule out the possibility of regrouping; of course, some enterprises that have been squatting during this period may also be permanently disappeared, but this is an upgrade for all industries. The price that must be paid during the transition phase. This is inevitable. Just like the pain before giving birth, we must have a correct understanding and take it seriously.
In the same market environment, the days of some enterprises have been relatively moist, while some enterprises have been struggling. Under the market economy system, this phenomenon is very common. Therefore, the shrinking of the export market of the lighting industry can only be partial, not holistic.
The so-called existence is reasonable, and the enterprises that are active on the market can basically find the reason for their survival. The market they own is their foothold and the soil for their survival. Any enterprise that only needs to find its own foothold will have the conditions to survive. It is only what we should understand that although any market has potential, not any company or organization can profit from a potential market. It is as if we are saying that the export market of the lighting industry is shrinking, and the export volume of lighting fixtures and parts is growing like the same period of the previous year. If we can't look at this problem rationally, this is obviously a paradox. (China Lighting Network Wu Yu)
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