The Development of The Abrasives and Abrasives Industry under The Impact of The COVID-19

    In the past two years, COVID-19 that has swept the world has been frequently broken, which has affected all walks of life to varying degrees, and even caused changes in the global economic landscape. As an important part of the market economy, the abrasives and abrasives industry has also been affected to a certain extent.

    The COVID-19 pandemic has become a great uncertainty in today’s society, which has brought certain negative impacts to all walks of life. Under the epidemic situation, the company’s production has been relatively small, mainly due to the greater impact on transportation. At present, the company takes foreign trade exports as the main sales channel (exports once accounted for 70% of the company’s sales), because of the impact of the epidemic, traffic in various places has been blocked, the transportation capacity has declined, and the freight rate has risen, which directly affects the delivery time of export goods and indirectly affects the sales volume of the company’s foreign trade. At present, the company’s sales composition is basically flat for export and domestic sales.

For businesses, COVID-19 is an uncertain event, the company itself can not control, the only thing that can be done is to find certainty in an uncertain environment. Although the COVID-19 pandemic has damaged the company’s business, it cannot stop the company from operating, and it is just a good opportunity to consolidate the strength of the company itself. At this stage, we will generally focus on two things: one is to upgrade the internal hardware equipment of the enterprise and replace some of the old equipment; the other is to concentrate on researching and launching new products, continuously enriching the company’s product range and expanding product coverage.

With the uncertain epidemic situation and uncertain market environment, the seriousness of the problems faced by enterprises is obvious. However, in such a dangerous environment, some companies cannot resist and sink; while some companies can sink their hearts to consolidate their strength to achieve contrarian growth. It’s like everyone is facing a big test, and some people, regardless of the difficulty of the question, still do well. I believe that the dormancy of the abrasives and abrasives industry during the epidemic has been exchanged for a big shine in the market after the end of The Epidemic!


Post time: Apr-14-2022