PR Newswire
14 Aug 2023, 19 GMT+10
![]() |
SHANGHAI, Aug. 14, 2023 /PRNewswire/ -- As a niche industry in the past, Alpaca products have thrived in Chinese market thanks to the China International Import Expo (CIIE).
In 2021, Pacific Alpacas, an alpaca fiber provider from New Zealand, suffered a sales slump at home due to COVID-19 lockdowns and was eager to explore new markets.
Considering China's large population and expanding middle-income group, the enterprise's manager Hu Tao set his sights on its market.
After months of preparation, the company attended the fourth CIIE in November 2021, with a 9-square-meter booth.
To Hu's surprise, the booth received a throng of buyers, distributors and suppliers. The 100 alpaca wool quilts he brought sold out within three days.
This unexpected result boosted Hu's confidence in the Chinese market.
In June 2022, Pacific Alpacas transported 3.3 metric tons of alpaca fiber to China, marking the largest export of alpaca fiber in New Zealand's history.
Five months later, the company participated in the 2022 CIIE and sealed strategic agreements with several Chinese partners including China Southern Airlines' e-commerce branch and a cross-border e-commerce industrial park in Sanya, Hainan province.
Hu said the CIIE can help enterprises tap into Chinese markets quickly. Pacific Alpacas is not the only alpaca product supplier that benefited from the CIIE.
At the fifth CIIE in November 2022, the Peruvian alpaca product brand BBFAT showcased 120 exhibits and made contracts with 23 partners.
Xu Ling, head of brand operations in BBFAT, said that when it entered Chinese markets in 2021, they exhibited only 30 products at the CIIE.
"Thanks to the event, we have gained lots of fans in China," Xu said.
Currently, BBFAT is operating five stores in China which are racking up sales of about 400,000 yuan ($55,600) every month, according to Xu.
As export orders surge, a growing number of Peruvian craftsmen have escaped poverty, Xu added.
Diana Pita, commercial counsellor of Peru's Consulate General in Shanghai, said that CIIE has become a perfect platform for foreign companies to learn about China's commercial culture and consumption trends.
BBFAT has developed alpaca wool-made plush panda toys for Chinese markets, while Pacific Alpacas has created a variety of alpaca coats.
In addition, Wild Wild World, an alpaca theme park built by Pacific Alpacas and an alpaca farm from Inner Mongolia autonomous region, began operations in Shanghai's Chongming Island in April.
Covering an area of 12.53 hectares, the park is the largest one of its kind in East China.
Now Pacific Alpacas is preparing for the sixth CIIE, which is scheduled for November.
"In contrast from the previous sessions, we have applied for a special booth this year," Hu said, adding that they will create an array of alpaca-themed artworks for the event in collaboration with artists from New Zealand.
BBFAT also plans to bring more than 200 exhibits to the sixth CIIE, according to Xu.
Media contact:
Ms. Cui Yan
0086-21-968888
[email protected]
http://www.ciie.org/zbh/en/
Facebook: https://www.facebook.com/ciieonline
Twitter: https://twitter.com/ciieonline
Get a daily dose of Singapore Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Singapore Star.
More InformationBATAM, Indonesia: Due to mounting geopolitical tensions and protests against China's activities in the South China Sea, ASEAN member nations ...
FREMONT, California: This week, brain-chip startup Neuralink, owned by billionaire Tesla CEO Elon Musk, said an independent review board granted ...
BOSTON, Massachusetts: Officials said that a Delta flight from Chicago to Boston that was possibly struck by lightning landed safely ...
JAKARTA, Indonesia: An Indonesian court sentenced Lina Lutfiawati, also known as Lina Mukherjee, to two years in prison this week ...
HONG KONG: The Chinese Foreign Ministry has issued a request to all foreign consulates in Hong Kong, seeking the personal ...
MARTIN COUNTY, Florida: An Amazon driver making a delivery to a Florida home this week was bitten by a rattlesnake ...
HANOI, Vietnam: While the European Union (EU) is set to impose tariffs on its Chinese rivals, Vietnamese electric vehicle (EV) ...
BEIJING, China: In a country where weddings are traditionally grand and expensive events, China's wedding industry, estimated at some US$500 ...
PARIS, France: Amid the imminent launch of the iPhone 15, unions representing Apple store workers in France have called for ...
SEATTLE, Washington: To expand its next-day delivery services for shoppers, Amazon said it plans to hire 250,000 more U.S. workers ...
NEW YORK, New York - U.S. stocks weakened on Friday as U.S. Treasury yields continued to point higher while some ...
DUBAI, UAE - The bustling real estate market in Dubai has surged to unprecedented heights, reporting transactions valued at over ...