What is the impact of the COVID-19 on the European market?

Due to high production costs and high demand for product use, European daily necessities are mainly purchased from foreign trade. From the outbreak of the COVID-19 in 2020 to October, as an export-oriented enterprise, our feelings are very obvious. From the suspension and interruption of orders at the beginning of the COVID-19, to the gradual beginning of small batch production until now, a large number of orders are placed. These indicate that European countries have begun to show signs of shortage of materials, and demand for use is gradually increasing.

However, although the volume of procurement in Europe has begun to gradually recover, compared with previous years, the procurement price has been significantly reduced by more than 30%. Compared with previous years, the European market was picky about product quality. After lowering the purchase price, the quality requirements of the products should be reduced accordingly. This shows that the market demand is stable, but the purchasing power has declined. In order to meet the market demand, we can only choose low-priced and low-quality products to meet the market demand.

Dongguan Zhanyi Commodity Technology Co., Ltd. produces all kinds of stainless steel drinking bottle and all kinds of plastic drinking bottle, and always maintains strict high-quality production standards. In the face of changes in the market, the company has also made adjustments. Without changing product quality, it has adjusted its process methods and reduced production costs to meet market demand. At present, the company's products are not only exported to Europe and America, but also exported to many other countries. Buyers from all over the world are welcome to contact our company's salesperson to get samples, and welcome everyone to visit our factory. We are willing to serve you wholeheartedly.