Industry News
Asia has seen the fanatic rise of China as the leading mould exporter in the continent. Since 2000 the Chinese industry has seen a 20% rise in growth rate and has further shown an increased enhancement in production volume and quality. Although China’s mould exports have exceeded 1 billion USD, China’s mould imports continue to be in excess of 2 billion USD. Most of these moulds are medium or high grade mould products that cannot be produced locally. Only 50% of the medium and high quality moulds in China are produced domestically.
The 2 billion Dollar import figure is a challenge and a big opportunity for the Chinese mould suppliers. The local industry has a 2 billion dollar market already to strive for, regardless of the other limitless opportunities the economically thriving China presents.
The need of the hour for the Chinese suppliers is to move towards a more exact and more sophisticated industry, thereby reducing the development cycle while at the same time producing higher quality robust goods.
Tradekey News:
Sensing the worldwide increase in demand for mould suppliers, especially Chinese, Tradekey.com’s Mould Business Unit is striving to connect mould buyers from around the world quickly and cost effectively to mould suppliers across the globe.
The purpose of the Mould Business Unit is to take requirements from the buyers and match them with its existing line of premium sellers. Precise matching helps the chances of a successful deal very high.
Tradekey has also reserved efforts to exponentially increase the number of mould buyers and suppliers on its web which gives trading members a pool of varied options to choose from. Since the inception of the Mould Business Unit, efforts have resulted in a % increase in registered sellers and 200% increase in registered buy offers.
