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Explore insights from the Global Sources’ 2009 Importer Survey, revealing buyer concerns, expected import changes, sourcing trends, and supplier strategies. Gain valuable information on import volumes, sourcing channels, market analysis, and more.
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Buyers’ sourcing concerns in 2009 • Buyers indicated their biggest concern in 2009 is declining consumer spending (21%)
Expected import volume change in 2009 (by dollar value) • 26% say they will increase spending on imports in 2009 • 20%expect to keep import spending flat • 54% indicated they will spend less on imports
Expected import volume change in 2009 (by unit quantity) • 32% plan to increase total import volume in 2009 • 18% expect to keep import volume flat • 50% expect import volume to fall
Expected change of import value from China in 2009 • 57% of surveyed buyers expect to increase or maintain their total value of imports from China in 2009 as compared to 2008
Buyers’ views on how suppliers can achieve more orders • Surveyed buyers also indicated the most effective ways for suppliers to win orders are: • improve product quality (18%) • provide better prices (18%) • accept smaller order sizes (14%)
Change in sourcing inquiry volume (last 6 months) • 42% are making more inquiries • 29% said level of inquiries is about the same as before • 29% are making fewer inquiries than before
Expected change in 2009 import value from outside China • 41% of responded buyers expect to decrease their total value of non-China imports in 2009 as compared to 2008
Primary buying categories • Consumer electronics (16%) and home products (12%) are the top 2 buying categories in 2009
Primary market • 27% buyers cited Western Europe as the primary market they buy for • Followed by North America (22%) and Asia (22%)
Company’s business type • 24% of the respondents are importers • 16% are trading companies • 13% aremanufacturers
Company size • 45% has less than 50 employees • 27% has 51 – 250 employees • 28% has over 251 employees
Import value in 2008 • 45% imported US$1 millions – 5 millions • 42% imported US$5 millions – 50 millions • 13% imported over US$50 millions
Global shipments to the U.S. Source: U.S. Customs & Border Patrol, 2009. Includes all Air, Sea, and Ground shipments globally to the United States.