Usually, after the end of the National Day, factories go into a crenzy to produce bulk production for the next five months. How many products will you have in stock for the 2022 New Year? Are you worried that the sea freight will rise again in the next three months and the delivery time of the factory cannot meet your requirements ? From October, do you receive the sales urge mail, sea freight overprice of the feeling did you have the experience?
Faced with high cost of living, 72% of the American consumers have cut back on spending this year and have significantly reduced "interest" or "impulse" spending due to recent high global inflation. The impact of this high inflation is far greater than that of the financial tsunami in 2008 and the pandemic two years ago, and China's foreign trade and cross-border e-commerce are facing a new low. Here are the proximate and distant causes of the sharp decline in exports and cross-border e-commerce this year and next。
1) Switch back to "going out" consumption after the pandemic
The US consumer price index (CPI) rose 8.3% in April from a year earlier, with US inflation rising at its fastest pace in nearly 40 years, and other countries such as Venezuela reaching a scary 220%. Li pointed out that the US government's loose monetary policy and massive fiscal stimulus during the epidemic prevention and control period in 2021 caused the beginning of global inflation.
In addition, the outbreak of war between Russia and Ukraine in March this year has greatly increased global oil and grain prices, and money cannot buy Ukrainian grain or Russian gas. At the same time, in April this year, China's epidemic occurred in global supply chain, outbreak of Shanghai city for a month, supply even broken, more accelerated the shortage of products, including chips, meat and milk powder, and many other U.S. companies and people need daily necessities, the shortage of supply, to rally on global prices.
In 2021, the Amazon big ban event, in foreign trade and cross-border e-commerce caused by the impact, is still not quiet. Sellers have a lot of goods that have changed hands, or have not changed hands in the backlog of goods overseas, etc., cheap disposal. It is estimated that more than 20 billion yuan of products are still in storage in the US and Europe, which will take several years to digest, making it difficult to introduce some new related products in the retail and online markets.
Due to the impact of the global epidemic, China's medical and protective products are still in urgent need of stable export. Check your inventory and get ready to stock up。
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Post time: Oct-08-2022