[Exhibition time]: October 20-23, 2012
[Location of the exhibition]: Dubai World Trade Center, UAE
[Exhibition content]: leisure furniture, outdoor furniture, hotel furniture, conference room furniture, school furniture, hospital furniture, dining furniture, office furniture, children's furniture; pine furniture, rattan furniture, steel and wood furniture, furniture accessories; Window decoration, lighting, decorative items / fabric / fabric, carpet and auxiliary fabrics, picture frames, wallpaper, crafts, etc.
Xianghe Furniture City official website recommended search reading: American high point furniture exhibition Milan furniture exhibition
[Introduction to the exhibition]:
In INDEX 2009, the exhibition occupied Halls 1-8, plus Sheikh Rashid Hall, Sheikh Maktoum Hall, Zabeel Hall, a total of 1,550 booths, with more than 1,750 companies from 57 countries, forming 35 national pavilions. INDEX2009 turned Dubai International Exhibition Center into the most distinctive interior design exhibition hall with an area of ​​120,000 square meters.
The organizers have widely promoted INDEX2010 in GCC Gulf countries (Saudi Arabia, Kuwait, United Arab Emirates, Qatar, Oman Sultan, Bahrain, etc.) and neighboring countries (Oman, Yemen, Iran, Pakistan, Iraq, etc.), including National and regional publicity programs, online advertising, direct email methods, and news release channels. Not only can INDEX2010 see visitors from the Gulf, but you will also look forward to seeing professional buyers from the subcontinent, the Commonwealth of Independent States and the Eastern Mediterranean (including Greece, countries and islands east of Egypt).
[Market Analysis] Business Opportunities in the Middle East Furniture Market:
Furniture in the Middle East relies mainly on imports. In 1999, the import of furniture was 2.6 billion U.S. dollars, compared with 2.8 billion U.S. dollars last year, with an increase of more than 200 million. According to reports, in the Middle East furniture market, Italy is the most powerful importer of furniture, accounting for 10%-15% of the market share, the United Kingdom and France accounted for 5%-6%. As for the market share of Chinese furniture, the rate of growth is increasing, and the export volume is increasing. Middle Easterners have no special requirements for furniture. Consumers like a wide range of furniture. Different styles of furniture have their supporters, and local consumers also want Chinese-style furniture. Although Middle Easterners prefer local hand-finished furniture such as Italy and Europe, they also need large-scale production of affordable furniture to meet large-scale requirements.
The Middle East market needs cheap and good quality products. Due to its huge potential and special business habits, the Middle East has always been full of temptations and mysterious markets for Chinese companies. What is the current status of Chinese products in the Middle East market?
The Middle East market usually refers to the nine countries surrounding the Persian Gulf and the Allah Sea and the surrounding Arab countries, with a total population of 500-700 million. The per capita annual income is from 3-4 million US dollars in the UAE, Kuwait, etc. to Iran, Iraq, Yemen and other countries. The annual per capita income ranges from 5 to 6 thousand US dollars. In these Arab countries, light industry, daily use, electronics, and clothing are basically dependent on imports. The price requirements of products are low and medium, and the grades are not very high. At the same time, these areas are almost It can be said that it is a feature of pure consumption. More than 80% of the goods in the Middle East are transited through Dubai, and radiated to most countries in Africa, with a population of 1.3 billion.
As the second largest port in the Middle East, Dubai, combined with its generous tax exemption policy and free trade economy, has made Dubai the largest trade wholesale market for re-exporting Africa and surrounding Gulf countries. The trade coverage population reaches 1.3 billion, similar to the total population of China. It is home to merchants from nearly 30 countries in Africa, where they purchase daily-use, light-duty, electrical, clothing, and other goods. Usually 75% of the import credits are re-exported to the African market, 20% re-exported to the surrounding Gulf countries, and 5% directly to the UAE.
Chinese products are known all over the world for their high quality and low price. China, as the world's largest light industry, electrical appliance, clothing, and other major products, dominates the entire Middle East market with absolute advantage. Although the European and American markets are currently the most developed and mature markets in the world, the competition in this market is fierce, commodities are becoming saturated, and with the restrictions of high import tariffs and trade barriers, it is difficult for latecomers or small and medium-sized enterprises to enter. Looking at the world today, only the Middle East and Africa markets are a hot market with good business opportunities and good prospects.
The UAE’s economy is booming and there are countless domestic business opportunities. UAE currency is stable, currency is freely convertible; there is no restriction on profit transfer or capital remittance; import tariff rate is low (almost 5% of all goods), and if imported goods are used in free zones, there is no tariff; labor costs are competitive There is no need to pay business tax and personal income tax, and to sign 44 double taxation treaties and 32 bilateral investment treaties. In addition, financial risks are extremely low (Moody's credit rating is Aa3). Together with the strategic location, the sound and reliable infrastructure, and the absolutely comfortable, stable and safe working environment for all major regional markets, all factors indicate that this is a good land for investment and trade.
From 2009 to 2013, the UAE's GDP growth rate is expected to be 5.1%, the United Arab Emirates-centered GCC members have a total of 1,878 projects under construction, totaling 1.571 trillion US dollars; the United Arab Emirates has implemented projects totaling 698 billion US dollars; A total of US$582 billion in projects in the UAE is under planning. Dubai is an important trading and transit hub connecting the Middle East and Asia. The Market Branch extends to North Africa, the Middle East, Southern Europe, South Asia, West Asia and surrounding Arab countries, with 1.5 billion consumers. The vast market, the local manufacturing industry is backward, most products must rely on imports as a hot market with good business opportunities and good prospects. Because there are no restrictions on high import tariffs and trade barriers of low-priced products in China by countries such as Europe and the United States, Chinese companies do not need to worry about anti-dumping when entering the Middle East market.
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