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The EU offers the best prospects for Chinese exporters of gardening tools
A survey of 65 Chinese manufacturers of gardening tools shows that the European Union is regarded as the region offering the greatest export potential for this product category. The survey is part of Global Sources’s market intelligence report, “Gardening tools: supplier capability in China”, which also offers an overview of the gardening tools industry and its export activities.
Eighty-five per cent of the respondents see the greatest growth potential for their products in the EU over the coming months. Further possibilities for growth are seen by 60 per cent of those questioned in the USA, which is currently the biggest importer of gardening tools from China. Eastern Europe, including the newly admitted EU member states, is considered by 20 per cent to offer market potential, and the Middle East is pinpointed by eight per cent. The export of gardening tools from China (excluding powered garden equipment) grew by 23 per cent in the first six months of 2004 over the same period last year to US $ 81.78 mio.
Where the respondents see the greatest potential for growth
EU
85%
USA
57%
Eastern Europe
20%
Middle East
8%
Asia
6%
Other
17%
Eighty-five per cent of the respondents see the greatest growth potential for their products in the EU over the coming months. Further possibilities for growth are seen by 60 per cent of those questioned in the USA, which is currently the biggest importer of gardening tools from China. Eastern Europe, including the newly admitted EU member states, is considered by 20 per cent to offer market potential, and the Middle East is pinpointed by eight per cent. The export of gardening tools from China (excluding powered garden equipment) grew by 23 per cent in the first six months of 2004 over the same period last year to US $ 81.78 mio.
Where the respondents see the greatest potential for growth
EU
85%
USA
57%
Eastern Europe
20%
Middle East
8%
Asia
6%
Other
17%
