Recently, Manchuria Customs released a document showing that in the first four months of this year, 2187.3 tons of tires were exported through Manchuria Highway Port, an increase of 431.7% year-on-year; The value of the goods is 100 million yuan, a year-on-year increase of 13.4 times.
According to data from the General Administration of Customs, from January to March 2023, China's rubber tire export volume was 1.98 million tons, a year-on-year increase of 11.1%; The export amount was 34.754 billion yuan, an increase of 19.9%. The cumulative export of new pneumatic rubber tires reached 1.91 million tons, a year-on-year increase of 11.6%; The export amount was 33.385 billion yuan, a year-on-year increase of 20.4%. Overall, domestic tire exports are showing a year-on-year growth trend!
China's tire exports are on the rise, but domestic tires are gradually losing their say in the proportion of the US tire market!
In the first quarter of this year, data on imported tires in the US market showed that Thailand was the largest importer of passenger car tires and light truck tires in the US. However, China's export of passenger car tires to the US market has dropped out of the top ten, while the number of light truck tires ranks ninth; Even Thailand, which ranks first, has experienced a double-digit decline in tire exports.
The number of tires imported from Cambodia seems to be on a rocket, with 1.05 million tires for passenger cars and 283000 tires for light trucks, an increase of 50 times and 40 times year-on-year, respectively. There should also be some contributions from Chinese tire companies!
The recent Russian tire market has been plagued by turmoil. Since last year, the conflict between Russia-Ukraine conflict has intensified the bottleneck of supply chain, shortage of raw materials, price rise, and even labor shortage. And several local tire factories in Russia have expressed their intention to withdraw from the Russian market!
Michelin: According to foreign media reports, Michelin has sold its Russian factory to local tire dealer Power International. At the same time, there is also a tire distribution company.
Continental Continental: In May 2023, German Continental also announced the sale of its Russian tire factory. The news shows that German brand has sold its Russian business to Russian company S8 Capital, divesting most of its business in the country.
Nuoji: In March this year, P.J.S.C. Tatneft will take over Nuoji's factory in Russia after being approved for sale by the Russian government committee.
At present, many tire enthusiasts say that the Russian tire market is large, and China exports more and more tires to Russia. On the contrary, the import volume of the US tire market is decreasing, but what about that?
The first thing to be certain is that the tire market in Europe and America is still the world's largest tire market. Compared to the Russian market, the European and American markets are more attractive to Chinese tire companies.
Secondly, exporting Chinese tires to Russia is very convenient, but once it comes to factory construction investment, it will be a huge expense. As for Chinese tire companies, compared to overseas markets that often impose over 100% high double anti tax taxes on Chinese tires, Southeast Asia and other regions are relatively low. The above data also indicates that Thailand is the first importer of tires to the United States, and Cambodia's import situation has skyrocketed. Taking into account both exports and profits, domestic tire factories have been rushing into overseas regions such as Southeast Asia and South Asia to build factories in the past decade.
After all, there are still many tire factories in Russia, and in terms of the current situation, being able to handle more export volume is already a good choice!
Disclaimer: The image materials and articles on this platform come from the internet, so the copyright belongs to the original author. If any infringement is caused to your copyright and interests, please contact us. We apologize deeply and promptly delete it. Article source: Tire Business
Latest news
- The Combination and Foaming Process of
- Famous tire enterprise with multiple d
- Ministry of Commerce Initiate a final
- The Effect of Carbon Black on the Cutt
- Stop work orders encounter rising pric
- Lanzhou Petrochemical's carboxylated n
Contact us
- ADD: Room 4210, CEC Business Hall, No. 121-4, Nanjing South Street, Heping District, Shenyang
- TEL: 13644907299
- FAX: 024-25361668
- E-mail: boss@long-green.cn
> Industry news