Orders of High-quality Stationery and Some Foreign Trade in the Yiwu Small Commodity Wholesale Market Have Fallen

In Yiwu Small Commodity Wholesale Market, from wooden pencils to mechanical pencils, from hard cover notebook to soft cover notebook, all kinds of stationery products have brought convenience to people's life and study, and fierce competition has kept their prices lower. However, many consumers have also found that these lower priced stationery have more or less problems in quality, and the physical and mental health of consumers cannot be guaranteed.

Ⅰ. Stationery specifications of Yiwu Small Commodity Wholesale Market

The reason that a large number of low-cost and poor-quality Yiwu commodity floods the market is because of the current status of the stationery market: numerous manufacturers. It is reported that there are currently hundreds of stationery manufacturers that has registered brand, and there are as many as two or three hundred e-commerce channels.

Industry statistics show that there are thousands of manufacturers involved in stationery. Such a complex Yiwu small commodity market is bound to bring vicious competition. In addition, when some well-known brands expand into the stationery industry, most of them adopt the OEM model, which causes various problems frequently appearing.

In fact, most stationery products have targeted national standards or industry standards to escort consumers, but driven by interests, many copycat manufacturers have also sneaked the stationery market with the flag of creative and foreign trade to defraud consumers' trust with hype concepts.

According to industry insiders, due to the low technical threshold and considerable profits of Yiwu factory of small commodity stationery, many businesses including some illegal businesses, have set their sights on this market, which has also laid potential safety hazards for market. Therefore, take actions to standardize stationery market is imminent.

Ⅱ.  The declining orders in Yiwu Small Commodity Wholesale market

The report shows that the current international economic environment is still sluggish, and the international foreign trade environment for small, medium and micro foreign trade companies continues to deteriorate. More than 20% small and medium-sized business owners said that their enquiries have fallen sharply.

The appreciation of the rmb and fluctuations in the international market have exacerbated the deterioration of China's foreign trade environment. The survey results show that 78.63% business owners believe that the appreciation of the rmb has become one of the most important factors affecting foreign trade, especially exports since 2013.

The report shows that currently 20.09% of enterprises have canceled orders due to exchange rate fluctuations. Since 2014, the average amount of orders being pushed out by enterprises has reached 578,000 US dollars. The continuous appreciation of the rmb has also led to a significant reduction in the profitability of export orders and further narrowing of profit margins. Nearly 80% foreign trade companies dod not increase their orders, and nearly 30% of them have declined instead, and their operating status is not ideal. In order to maintain the survival of the business, business owners have to reduce the number of orders.