2021 KEY WORDS OF CERAMIC INDUSTRY

2021 key words of ceramic industry

2021 is coming to an end, and the ceramic industry is in turmoil, with both opportunities and challenges. This year, the global corona virus continues to be shrouded. Material prices are rising, terminal sales encounter resistance, rock plate products continue to be hot, and the industry has opened a new track for green development. On the arrival of 2022, we summarized several key words for the ceramic industry. Which one impressed you the most? As the saying goes, in the new year, we may able to get changes and trends of the industry in the past year and usher in a new way.

Keyword UP! UP! UP!

Rising prices of materials: under the continuous impact of the epidemic, the profits of the ceramic industry began to decline sharply last year. In addition, the prices of materials such as coal, gas and stores cost are rising, and the profits of ceramic enterprises, facing a production crisis.

Price rise of ceramic products: because the price of materials rises, the sales of products encounter resistance, ceramic manufacturers have to raise prices. Since May, hundreds of ceramic factories have to issued price increase letters, covering ceramic producing areas such as Guangdong, Hubei, Hunani, Gansu, Ningxia, Henan, Jiangxi, Fujian. It had increased around 25% in weeks.

It is gratifying that at the end of November, the prices of materials such as coal, chemical raw materials, steel, wood and plates tended to fall, which slightly cooled the price rise tide this year. I believe that terminal sales will eventually return to rationality.