Summer Consumption Helps Yiwu Small Commodity Wholesale Market Purchases

1. The export market of Yiwu commodity presents two completely different situations

Driven by seasonal consumption, various seasonal products have become the main force in recent market sales, which strongly supports overall market transactions.

First, slippers, summer cool quilts, lace underwear and other summer products of the are popular among consumers from all over the world. The trade volume index of slippers, bedding, underwear and other industries has increased from the previous month.

Second, in the Yiwu commodity, the market for small products such as electric fans, sunscreens, sunglasses and other sunscreen and cooling products was popular. And the prosperity index of small household appliances, skincare and beauty products, glasses and other industries rose month-on-month.

Third, due to the rainy season, heavy rains have fallen in many provinces and cities in southern China recently. Yiwu wholesale market products such as rain boots, umbrellas, ponchos, raincoats have entered the peak season for domestic sales, and the industry benefit index of rain boots and rain gear has risen month-on-month.

Summer vacation is approaching, and summer consumption has become another consumption hotspot in the recent market, effectively enhancing the purchasing power of multiple related industries on the market.

Recently, two completely different characteristics have appeared in the market for foreign sales, and the total purchase volume has been steadily increasing. Driven by cyclical consumer demand, industries such as hygiene and cleaning daily necessities, daily handicrafts, clocks, household daily necessities, etc. have entered a period of recovery in foreign trade procurement. Purchasing demand from customers in Japan, South Korea, Russia, Southeast Asia, Europe and the United States has continued to increase, and the industry prosperity index has risen month-on-month.

2. The crafts industry tourism shopping market of Yiwu commodity is heating up

Driven by consumer demand for seasonal products, the overall demand for accessories and packaging, jewelry, daily necessities, electronics and electrical appliances, watches and glasses, needles/textiles, footwear and other industries remained stable. Purchasing demand in Southeast Asia, Europe, America, Africa and the domestic market will continue to support the market outlook.

With the increase of people's outings in summer vacation, the domestic trade market of arts and crafts, sports and entertainment products, clothing and accessories, toys and other industries has increased slightly. Yiwu wholesale product procurement is expected to continue to increase slightly.