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    EU Lifted Export Ban On Protective Products, And Market Demand Began To Decrease.

    2020/6/4 13:41:00 2

    European UnionProtectionSuppliesExportsProhibitionMarketDemandReduction

    The European Union lifted the export ban on personal protective clothing (PPE), such as masks, and began to reduce demand for masks and other anti epidemic materials.

    In March this year, the European Union issued an export ban in order to ensure the supply of personal protective clothing (PPE) and other personal protective devices (masks). In May 26, 2020, the European Union officially abolished the export ban on personal protective equipment.

    This also shows that the demand for anti epidemic materials such as masks is decreasing in the EU, and the production enterprises that take the EU as the main market for epidemic prevention materials may need to reduce their production capacity appropriately.

    The export enterprises related to epidemic prevention need to pay more attention to the trend of EU market demand and make preparations for it.

    Customs: the number of registered enterprises involving import and export of anti epidemic materials has increased significantly.

    According to statistics from the General Administration of customs, the number of import and export enterprises registered a substantial increase in recent two months.

    The newly registered enterprises are mainly wholesale, transportation, retail and manufacturing industries. Among them, there are 26758 enterprises in the import and export of medical materials (the word "medical" in the scope of business), accounting for nearly 4 of the total number of newly registered enterprises.

    Recently, officials announced that every city should have a proper amount of masks, and domestic demand rose slightly. There is still room for profit in official businesses: Officials: all cities need to store masks!

    The EU's export authorization measures to suspend personal protective equipment (PPE) also reflect the impact of the epidemic on the European Union slowly.

    Again,

    The EU's demand for masks and other anti epidemic materials is gradually decreasing. The EU's main market for epidemic prevention materials production enterprises may need to appropriately reduce production capacity.

    The export enterprises related to epidemic prevention need to pay more attention to the trend of EU market demand and make preparations for it.

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