2024-2025 rubber hot water bottle market trend

As usual, I will summarize the year at the end of the year, but this year's market situation is very different from previous years, so let's take a look at this year's summary.

And our company in South America, Eastern Europe, Western Europe, Southern Europe, some customers and potential customers after telephone communication found that this year's rubber Hot water bottle sales are not as good as last year, many companies to the end of September when there are still a lot of inventory. We believe that this situation is related to the global warming caused by the El Niño phenomenon. There are also some companies whose buyers believe that it is due to the war situation between Russia and Ukraine, but this war has been going on for many years, which doesn't explain all the reasons. Personally, I think it's a combination of multiple reasons that have led to weak consumer demand, and just a temporary decrease in consumer demand for hot water bags, which could be 2-3 years for the time being.

Let's take a look at how the exchange rate has changed. The U.S Fed's drastic interest rate cuts in recent months have led to dramatic changes in the exchange rate of the U.S. dollar to the CNY and the U.S. dollar to the euro, which has directly affect the price of hot water bottle.

The most counterintuitive thing about this year is that natural rubber has been increasing in price, starting in the New Year and maintaining at a relatively high price during the summer months. Prices increased again before the start of the Fourth of July this year, and are now maintaining the highest price in 2024. It is hard to imagine the price of natural rubber in 2025, if the price continues to rise then the price of rubber hot water bags with BS1970:2012 rubber content will be out of control again.

Most of the rubber hot water bottle factories have stopped running and stopped quoting. Usually this season is preparing for orders from the Chinese domestic market, but there is a choice to be made, whether to put the limited raw materials into foreign orders or orders from the Chinese domestic market. Currently we are working on sourcing and buying natural rubber in stock for shoe factories and glove factories near our town, hoping get some cheaper stock to prepare for next year's orders.

Prices for rubber hot water bottle produced locally in Europe and sold on the European market are also subject to change, and we hoped that all the companies concerned will be able to prepare for this in advance. We will continue to monitor the market situation.