Industry Leaders Review 2023- Chairman/General Manager of Deng Jingheng Deng Jingheng, Chairman/General Manager of Guangdong Jingxing Health Care Industry Co., Ltd., can summarize the development of the hygiene products industry in 2023 as "challenges". During this year, the economic downturn, oversupply, and irregular market behavior have posed challenges in three aspects: people, goods and the market. Firstly, it is the "people" who are under pressure from the economic downturn and make rational purchases of products. The industry needs to have a deep understanding of this change in consumer mentality and provide more competitive products to meet new consumer demands. Secondly, there is "goods", as oversupply leads to market fragmentation and non-standard promotional behavior, which reduces the overall efficiency of the industry. To address this challenge, the industry needs to optimize product structure, improve product quality standards, and strengthen management to reduce resource waste. Finally, the intensification of uncertainty in the market environment and the contraction of market channels pose greater challenges to us. Strengthening internal and external cooperation, establishing more sound industry standards and norms to better adapt to market changes, is the key to the sustainable development of the industry in the face of uncertainty. In summary, 2023 will be a challenging year for the hygiene industry. Continuous innovation and sustainable development are the key paths for the sustained growth of the industry.
Read More49% of Brazilian pulp sold to the Chinese market in 2023 The Brazilian Forestry Industry Association (Ib á) has released the latest data, stating that in 2023, Brazil set a new record in the forestry sector - exporting 18 million tons of pulp produced from all types of raw materials. Among them, nearly half of the exports (49%) are sold to the Chinese market. In terms of quantity and income, China is Brazil's largest importer of pulp. According to data, Europe accounted for 24% of Brazil's pulp exports in 2023, while North America accounted for 14%. In the past, the European market was a major export destination for Brazilian pulp.
Read MoreAustralia announces the cancellation of tariffs on 500 goods, including hygiene products According to The Conversation on March 10th, the Australian government will lift import tariffs on nearly 500 goods from July 1st. Related products include toothbrushes, manual tools, refrigerators, dishwashers, clothing, and hygiene products. The current tariff for this type of product is 5%. The budget cost has not been announced yet, partly because the plan is yet to be negotiated. The Australian government stated that this is "the largest unilateral tariff reform in 20 years" and praised it for improving productivity. The government stated in a statement that the new tariff measures will lower compliance costs, reduce red tape, make business easier, and improve productivity. The statement also stated that after signing a series of trade agreements, most goods are now imported duty-free. This means that companies need to spend time and money to prove that their imported products comply with existing tariff preferences and concessions, and they often pass on compliance costs to consumers. It is reported that the new tariff measures will cancel 14% of Australia's total tariffs, simplifying annual trade worth approximately AUD 8.5 billion. It is estimated that companies will save over $30 million in compliance costs annually.
Read MoreThe import and export situation of China wet wipes in 2023 The import and export of wet wipes continue the trend of the first three quarters of 2023, with a small and continuous decrease in import volume, and the export business continues to grow. Import In 2023, the total import volume of wet wipes was relatively small, only 29500 tons, with an import amount of only 168 million US dollars, and the import volume and value continued to decline, with little impact on the Chinese market. Export In 2023, the total export volume of wet wipes was 619600 tons, a year-on-year increase of 18.60%. Among them, cleaning wet wipes are the main type, accounting for about 76.0%, and the export volume increased by 30.17% year-on-year. The export of disinfectant wet wipes continues to decline. The average export price of wet wipes is much lower than the average import price, indicating that China's high-value products such as functional wet wipes still have room for expansion in overseas markets. At the same time, it also indicates that the demand for certain high-end wet wipes in the Chinese market is still not being met.
Read MoreExport situation of absorbent hygiene products in China in 2023 The export scale of China's absorbent hygiene products is steadily increasing. In 2023, the total export volume of absorbent hygiene products reached 1.3068 million tons, far higher than the import volume, with a year-on-year increase of 14.77%. The export amount reached 3.892 billion US dollars, a year-on-year increase of 9.17%, demonstrating the increasing influence of China's absorbent hygiene products in the international market. The largest proportion of exported products is baby diapers, accounting for 40.7% of the total export volume, with the highest growth rate of 25.86%, indicating that the competitiveness of Chinese baby diaper products in overseas markets continues to improve.
Read MoreImport situation of absorbent hygiene products in China in 2023 The total import volume of absorbent hygiene products is decreasing year by year, and the impact on the industry continues to decline. In 2023, the import volume of absorbent hygiene products was only 38900 tons, a significant decrease of 42.64% year-on-year. Among them, baby diapers are still the main product, with imports accounting for 61.1%. Due to the continuous decrease in China's birth rate in recent years and the improvement in the quality of Chinese baby diapers, they have gained recognition from the domestic market consumer group, further reducing the demand for imported products. Among absorbent hygiene products, sanitary napkins are the only category with a year-on-year increase in import value, but the growth rate is only 0.92%. The average import price has increased by 7.60% year-on-year, indicating that there is still a certain demand for high-end sanitary napkin products in the Chinese market.
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