China Exporting More Doors
Door exports from Mainland China are expected to top $2 billion in 2007—up from $1.3 billion in 2006, according to Global Sources’ China Sourcing Report: Doors 2007. “As overseas demand grows, many suppliers are moving away from the fiercely competitive domestic market,” says Spenser Au, an analyst with the Hong Kong-based company.
The company surveyed Chinese door manufacturers to produce the 131-page, $435 report, and found 47 percent project exports will grow 10 percent or more this year, 32 percent expect growth of up to 10 percent and 21 percent see exports remaining the same. The top target markets for these companies include Russia and other non-EU European countries (39 percent), the United States (21 percent), the Middle East and Africa (16 percent) and finally European Union countries (11 percent).
“To enter overseas markets, manufacturers are producing doors from ‘greener’ alternatives than solid wood including engineered wood and painted metal,” Au points out. “However, due to strict requirements of the U.S. and EU markets, manufacturers are focusing primarily on markets with lower barriers to entry.”
The report, which gathers information from in-person factory visits as well as supplier interviews, found that 75 percent of the door manufacturer respondents plan to increase production capacity in the next 12 months. Of these, more than 60 percent expect to establish additional factories or move to larger factories.
More information about the report is available at http://www.chinasourcingreports.com/Doors07.