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
ciie2022@ciie.org
http://www.ciie.org/zbh/en/
Facebook: https://www.facebook.com/ciieonline
Twitter: https://twitter.com/ciieonline
Get a daily dose of Kuala Lumpur Times 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 Kuala Lumpur Times.
More InformationWARSAW, Poland: As part of European Union (EU) sanctions imposed against Russia over its invasion of Ukraine, Poland banned all ...
MONTGOMERY, Alabama: Last week, Alabama's school chief, Superintendent Eric Mackey, said that under new reading benchmarks to move to fourth ...
WASHINGTON D.C.: Last week, the Federal Reserve said its losses surpassed the US$100 billion mark and will likely continue to ...
ARLINGTON, Virginia: This week, the U.S. State Department approved the potential sale of drone-related munitions and other systems to Canada ...
BETHESDA, Maryland: This week, the US National Institutes of Health (NIH) said that it started early-stage human trials on FluMos-v2, ...
MAUI, Hawaii: Hawaii Governor Josh Green has announced that the death toll from last month's deadly fire on Maui has ...
ISLAMABAD, Pakistan - The government has warned all information technology (I.T.) and financial institutions, including regulators, to avoid using "Indian ...
NAYPYIDAW, Myanmar - The United Nations Population Agency has stated that it will not support the nationwide census that the ...
DHAKA, Bangladesh - Hundreds of articles purportedly written by independent experts praising Bangladeshi government policies have appeared in national and ...
NEW YORK, USA - Kathmandu Samaj USA Inc. was founded in the bustling metropolis of New York City, in the ...
ISLAMABAD, Pakistan - On Monday, Pakistan's Chief Justice (CJP) Qazi Faez Isa vowed to ensure accountability and transparency, saying he ...
DHAKA, Bangladesh - A massive fire destroyed several hundred shops in Dhaka, Bangladesh's capital. There were no casualties when the ...