Expected recovery of major markets prompts makers to release more colorful and intricately designed motifs of crafts and dinnerware, pots and lamps, says a new report.
Surveyed suppliers are confident sales will grow by 10 percent in 2010, according to a new report titled "Vietnam Sourcing Report: Ceramic & Porcelain" released by the non-profit Kearny Alliance.
The report features profiles of 35 experienced manufacturers and 117 best-selling export products.
“Suppliers in this report offer buyers a diversity of design styles with workmanship to expected quality levels,” said Alexander Boome, program director of The Kearny Alliance. “These attributes – combined with the readily available supplies of clay and skilled workers – are key strengths of the sector in Vietnam.”
One supplier featured in the report, Le Ngoc Ha, director of Hop Luc, said: “The recovery signs of the global economy, especially from the U.S. where our company is targeting, have allowed us to believe that export orders will soon be regained.
“We can clearly see these activities through our website on Global Sources Online, as buyer inquiries are strong and trending up. While buyer demand is steady for our lower-end dinnerware and home decor, we are very keen to secure new orders for our higher-end items as we offer competitive quotes.”
Survey results indicate US key target export market and prices to trend up. The survey of Vietnam ceramic and porcelain manufacturers featured in the report shows that 88 percent of makers expect to increase quotes in the next 6 months; 50 percent plan to raise prices by only 5 percent; 49 percent will target the U.S. market; and 43 percent will focus on more colorful and intricate design.
