China Sourcing Report: Doors

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China Sourcing Report: Doors

DescriptionTable Of Contents

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Publisher: Global Sources
Published: September 2008
Frequency: Irregular
Languages: English
Hardcopy Binding: Softcover
Pages: 66
Dimensions: 21.0 x 29.7 (A4) cm (8.19 x 11.58 inch)
Availability: Usually ships within 24 hours
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Product Type: Market Report
Reference No.: 0045-150

Price: ~~$445.00~~ $399.00

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Executive Summary

China's exports of doors are still on the upswing. Trade statistics for the combined shipments of doors and windows from January to June 2008 show that value and volume increased 40 and 24 percent year on year, respectively. This comes after an even more impressive showing in 2007, particularly in terms of sales, which soared more than 50 percent from the previous year.

Growth for the next six months, however, is expected to slow as suppliers strive to cope with numerous challenges that are rapidly eating into margins and eroding their price advantage.

Foremost among makers' concerns is the continuous upturn in the cost of key materials such as wood and cold-rolled steel, brought about primarily by a shortage in supply.

As it stands, suppliers have already raised prices to shore up margins. This is supported by customs figures for the first half-year of 2008, which show the average per-unit value climbing by more than 10 percent from the same period in 2007.

Besides higher materials spending, makers are coping with the appreciation of the yuan and the slowdown in orders from the US. These factors have combined to drive suppliers to shift their focus back to the domestic market where demand remains strong thanks to the construction boom.

The following are some of the key trends we see in China's doors export industry:

- With no end in sight for the materials shortage, door prices will continue to rise in the next six months. Some suppliers will be implementing adjustments of more than 15 percent, although many will limit increases to sustain orders
- Cost-control measures to be adopted in the year ahead will include upgrades in machinery to optimize materials consumption. Further, suppliers will continue to procure most of their requirement domestically to check spending
- Companies will be expanding selections by releasing contemporary designs and models with improved protective features as a means of offsetting upward adjustments in price
- Exports in coming months will target Europe due to the subprime crisis in the US, previously the largest market for China-made doors

Industry Overview

China door suppliers expect exports to slow in the second half of 2008 as numerous obstacles to growth abroad force companies to turn their attention back to the domestic market.

This is in contrast to projections in early 2007 when Global Sources last analyzed the industry. At that time, estimates leaned toward exports climbing at a rate similar to the 50 percent growth that outbound shipments have been posting annually since 2005.

Exports in the first six months of 2008 are actually still on an upturn. Combined trade statistics for wood, aluminum, iron, steel and plastic doors and windows show that export sales and volume have increased an emphatic 52 and 38 percent, respectively.

Suppliers, however, are becoming more cautious with their projections for this half-year as they face rapidly rising production costs and dwindling margins, which have combined to erode makers' price advantage.

Increased spending on materials is the key factor behind the upswing in manufacturing outlay.

In recent months, wood costs have increased between 20 and 30 percent due to a shortage in supply.

Locally sourced pine planks measuring 2m long and 8 to 12cm, for example, are now about $95 per cubic meter, representing a jump of nearly 19 percent. The material was at less than $80 a year ago.

Beech from Europe costs between $800 and $830 per cubic meter, 20 percent higher than August 2007 levels.

The deficit in wood resources is partly a result of the implementation internationally of environmental-protection measures limiting or banning the purchase of certain timber types.

Further, domestic supply is being depleted by strong demand from China's booming construction industry and massive rebuilding in certain areas such as earthquake-hit Sichuan province.

Suppliers expect the wood shortage to continue throughout the next several years.

China's timber supply was severely affected by the series of winter storms in early 2008. The State Forestry Administration estimated that heavy snowing damaged more than 17 million hectares, or one-tenth of China's forest resources.

In addition, some countries will be implementing policies designed to further curb timber exports.

By January 2009, Russia will be charging duties equivalent to 80 percent of the declared value of lumber exports, with a minimum of about $75 per cubic meter. Russia is one of China's key sources of solid and engineered wood.

Based on in-factory tours

Door exports from China are rising about 40 percent annually in value terms. Growth in the coming months, however, is expected to slow as suppliers cope with numerous challenges that are rapidly eating into margins and eroding their price advantage.

Foremost is the continuous rise in the cost of key materials such as wood and coldrolled steel, brought about primarily by a shortage in supply.

In addition, companies are coping with the appreciation of the yuan and the slowdown in orders from the US.

These factors are now forcing some suppliers to shift their focus back to the domestic market where demand remains strong thanks to the construction boom.

Nonetheless, a number of exporters are expanding their portfolios by releasing contemporary designs and models with improved protective features.

This report will guide you through this changing industry. It will help you:

- Familiarize yourself with the dynamics of the industry
- Understand how suppliers differ from each other in their production and export capability
- Know where to source different types of doors from
- Identify the latest products, at the best prices
- Save money and time by qualifying suppliers before your next visit to China

What you'll get

- In-depth profiles of 13 major suppliers with a comprehensive look at their product and pricing strategy, manufacturing and export capability, verified contact details, and more - this information is not available anywhere else
- 46 full-color images that depict popular doors, complete with product descriptions, prices, minimum order requirements and delivery times
- Results of the custom-designed supplier survey, which forecasts industry trends for the next 12 months
- Verified supplier contact details, including names, e-mails, telephone numbers and websites of profiled makers
- This report covers security doors, engineered doors and solid wood models

Supplier Profile

Assa Abloy-wangli Security Products Co. Ltd

ISO 9001:2000-certified Assa Abloy- Wangli is a joint venture between Sweden-based Assa Abloy and China Wangli Group Co. Ltd, with the former providing market information and technical support in developing locksets. These in turn are used exclusively in Assa Abloy-Wangli's doors and have smart, automatic functions and safety features that prevent the use of crowbars and other prying tools.

The company offers primarily steel, steel-wood and nonstandard security doors. It expanded into engineered and solid wood models in December 2007.

Security doors from Assa Abloy- Wangli come in more than 100 variations measuring 1,970x860, 1,970x950, 2,050x860 and 2,050x950mm. Cores are made of honeycomb board and fire-resistant padding. Door faces are 0.8mm thick in midrange versions and 1mm in high-end designs. The frames measure 2mm in thickness. Surfaces are coated with plastic powder, paint or heat-transfer printing paper.

Midrange steel versions are priced from $80 to $100 per set while high-end designs go for $100 to $125. Steel-wood combination models are between $150 and $190.

Nonstandard models have two door faces in one frame and are wider than conventional specifications. They are about $250.

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