Ceramics Association Shenzhen Hard Precision : Ceramics are still not optimistic in the first half of the year
May 23, 2022
Foshan ceramics fell into a trough last year as anti-dumping “containment”, real estate regulation and control, raw materials and labor costs climbed. Last Thursday, at the dealers' annual meeting held by a ceramics manufacturer, many dealers lamented that 2011 was the most difficult year after the 2008 financial turmoil. What is the future situation? Huang Xinhong, secretary general of the China Ceramics Industry Association Building Sanitary Ceramics Committee, predicts that it will remain pessimistic in the first half of next year.
Huang Xinhong believes that this year is not the same as the 2008 financial turmoil. "At that time, the virtual economy was mainly affected, and this year is all-round, with political situation, real estate regulation, and inflation. This has led to overcapacity and inventory backlogs in many companies." He believes that Foshan ceramics enterprises in the first half of this year The days are still not good. "But in the second half of the year, it will not be worse."
Huang Xinhong suggested that “the key to Tao enterprises should be to seize the opportunity to adjust the product structure, and be sufficiently forward-looking to do a good job in market layout and product development.”