Liuyang and China Fireworks Market Analysis

Tony

Administrator
Medewerker
Liuyang fireworks export analysis

There were 630 million USD fireworks were consumed in international fireworks market (except for China) in 2006. There was a 13.85 percent year on year increase, China directly exported 458 million USD to international market, and among of them, Liuyang exported 263 million USD fireworks, 19 percent year on year increase than 2005, and occupied 57.42% of China all fireworks export. Now, Liuyang municipal government put forward a project which hoped the Liuyang fireworks production value would be achieved at 10 billion RMB (About US$129.6 million) in 2008. Even though it is calculated according the principle that domestic consumption and export consumption individually occupy a half, the fireworks export quantity of Liuyang has to reach at 600 million USD in 2008, it means that the average increase of Liuyang fireworks export quantity must be 168.5 million USD in the next two years. In order to finish the fixed goal, Liuyang fireworks have to promote the market share to 75% of the global fireworks consumption according to the average annual increase of the current international fireworks consumption.


The status of the global main fireworks consumption countries and areas

In 2006, China respectively exported 166 million USD fireworks to US, 68.09 million USD to German, 24.07 million USD to UK, 21.47 million USD to Japan, 19.75 million USD to Netherlands, 41.36 million USD to Hongkong, 15.60 million USD to Russia and 13.56 million USD to Thailand.

The forecast of fireworks increase


In USA and Canada, there is an increase space of 100 million USD. As a result of durative increase of economy, the potential increasing quantity is about 100 million USD to 150 million USD in Europe. The Asia market are expected to 60 million USD, the Latin America will have a increase of 30 million USD and Australia & New Zealand is hopeful to increase about 20 million USD.
 
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