Guizhou Tire exports record high in 2012

Despite the international financial crisis deepening, but last year Guizhou Tire exports still "rosy", 3429 batch export, the value of $ 277 million, up 13.8% and 10.5%, a record high. Among them, the export volume in the fourth quarter exceeded 70 million U.S. dollars in a row, setting a new high for the single-season export of Guizhou tyres . This reporter learned from the Guizhou Inspection and Quarantine Bureau on January 15, 2013.

Guizhou Tire Export Innovation High in 2012

Tires are the traditional export products of Guizhou Province and account for a large proportion of the total foreign trade volume in Guizhou Province. Since 2009, the lack of demand in the international market, the appreciation of the renminbi, the US tire special security case, and technical barriers in the European and American markets have caused a certain impact on the export of Guizhou tires.

"The United States' Special Protection Case' has caused the semi-steel radial tire of Guizhou (Guizhou Tyre Co., Ltd.) to completely lose the American market. The Guida closed its semi-steel plant and lost about 8.8% of its turnover." Guizhou Inspection and Quarantine Xia Zewei, responsible for the inspection and supervision of tire exports at the Bureau of Electrical and Mechanical Textiles, said that since then, the European and American markets have increased the technical barriers to imported tires, and raised higher requirements for raw materials, production processes, and production capacity.

In response to these problems, Guizhou Tire took timely measures to deal with it. In response to the "Tire Labeling Act," it specially purchased relevant testing equipment and established a rolling resistance laboratory; it aimed at Europe and the United States technical barriers to improve production formulas and production processes; Guizhou Tire also strives to open up markets in Southeast Asia and Africa, breaking its dependence on the European and American markets.

Thanks to all the above efforts, last year, Guizhou's tire exports hit a record high with 3,429 batches of exports and a value of 277 million U.S. dollars, an increase of 13.8% and 10.5% year-on-year, respectively. Among them, the value of exports in the fourth quarter was more than 70 million U.S. dollars. , set a new quarterly tire export high.

It is expected that exports will be expected to “flourish again” in 2013

In view of the breakthrough in the fourth quarter of last year, market participants believe that the fourth quarter of each year is the traditional peak season for the export of tires from Guizhou. “The breakthrough in the fourth quarter of last year shows that the execution of foreign orders is higher.”

According to the production data of the precious wheel, the production value of the precious wheel rose slightly last year. Due to the price reduction of bulk raw materials such as rubber, the export cost of Guizhou tire exporters dropped by 15%-20% year-on-year, and the export efficiency increased year-on-year.

For this year's export situation, the relevant person in charge of the Guizhou Tire Imp. & Exp. Co., Ltd. disclosed: “It is expected that 2013 will be another spring for the export of tires from Guizhou, and the export value can reach 380 million U.S. dollars. According to reports, at present, the export of the precious wheel is Ranked among the top domestic counterparts.

It is also understood that in recent years, natural rubber has maintained a balance between supply and demand, with a slight surplus. Experts predict that natural rubber will oscillate around 25,000 yuan/ton this year. Natural rubber accounts for about 50% of tire manufacturing costs. The low price of natural rubber will greatly improve the profitability of tire companies. At the same time, since January 1 this year, China's import and export tariffs will be partially adjusted, and the specific import tariff of natural rubber will be reduced by 800 yuan/ton compared with 2012.

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