In 2012, China's tire industry can be described as “tremendous rainâ€. Sales revenue growth slowed sharply. The annual sales growth rate was around 3%, but profits increased significantly. Year-end inventory also showed a declining trend year-on-year. In 2013, the situation is relatively clear, the operating environment of tire companies will improve, and the production and sales of tires will gradually improve. In particular, corporate profits will increase substantially, and a wave of investment in tires will be created. The domestic market is gradually improving The Party’s 18th National Congress clarified the implementation of the strategy of urbanization in our country. The continued advancement of urbanization has allowed the city’s building area to expand continuously, which is conducive to the gradual recovery of the automobile market and the development of the tire industry. In 2013, the demand for China's tire market will show upward trend. From the matching market, with the continuous increase in automobile production and sales, the demand for tires will increase. From the perspective of the replacement market, as China's economic growth picks up slightly, the number of car ownership will continue to increase, and the volume of road freight, passenger traffic, and road freight turnover will increase significantly. These factors will all drive replacement market demand. The main growth drivers for sales of passenger tires come from the lower gasoline prices and the state-owned automobile trade-in policy. It is expected that the sales growth of China’s passenger tires in 2013 will be more than 15%. Based on the significant growth of the giant radial tires in 2012, due to the expansion of production capacity and the market environment that exceeds supply in 2013, it is predicted that sales revenue will increase by more than 20%. The sales of all steel trucks mainly depend on the transportation market. The effect of domestic “stabilizing growth†stimulus measures, increased infrastructure investment and stabilization of the real estate market, and an increase in investment growth will effectively promote the development of transportation and extractive industries, thereby increasing the demand for all-steel load-bearing tires. Steel 2013 is expected to increase. The increase in heavy trucks will also be much higher than in 2012. Export situation is obviously improving With the slow recovery of the world economy, the international automobile industry has picked up, the international market demand will show an upward trend, and tire exports will increase. After September 2012, the United States lifted the three-year special tariff on China’s passenger tires. This is an opportunity for the development of China’s tires. The traditional export enterprises in the United States will benefit, and exports will show significant growth. The demand for automotive and tires in North America is picking up. It is expected that North America will be the region with the largest increase in tire exports in 2013. Although the EU implemented the tire labeling method last November, the threshold for 2013 was F-class, which has little effect on the export of large-scale tire companies in China. Only a handful of small-scale tire companies have given up the EU market. However, the European Union’s auto sales are not ideal and it is expected that the EU’s tire exports will be difficult to increase. Russia and other countries are the markets that China's tire industry has been focusing on in recent years. It has developed rapidly and will continue to maintain a high-speed growth situation in the next few years. Investment enthusiasm rose again The tire industry operating environment will improve tire investment confidence, profit growth and interest reduction are conducive to tire investment, which may drive China's tires another investment small climax. The focus of tire investment will be to use tires as the first choice, and some companies will expand their production capacity and take the path of economies of scale. A number of new projects will rise and three tire projects will be announced in the first quarter. First, Jilin Jixing Tire Co., Ltd. has 15 million pieces of steel tires per year, including 7.5 million articles per year. Second, Ningxia Dadi Chemical Co., Ltd. has an annual output of 10 million pieces of semi-annual steel tires. Third, it extends the 10 million rubber companies. / Semi-steel tires. It is estimated that in 2013 China's semi-steel tire projects will be 50 million or more. There are also more investment in engineering tires. Currently, projects such as Tianjin International, Guizhou Tire, Cooper Chengshan, and Quzhou Huaqin Group have been announced one after another. It is expected that 2013 will be a year of rapid increase in China's engineering tire production capacity. All-steel heavy-duty tires are serious due to excess, investment is mainly filled up, and investment is showing a downward trend. [next] Profitability will be high The biggest bright spot in the tire industry in 2013 will be the high level of corporate profitability. 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 in 2013. Natural rubber accounts for about 50% of tire manufacturing costs, and the low-level operation of natural rubber will greatly improve the profitability of tire companies. From January 1, 2013, 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, which will add to the profitability of tire companies. It is predicted that the profit of China's tire industry will increase significantly in 2013. All-steel giant tire companies will be the most profitable varieties because of their significant rubber ratio. The development of the tire industry will drive upstream and downstream development. Recently, the rubber machinery industry in the upper reaches of the country has shown signs of recovery. Some companies have recently received large orders. The giant wheel shares have won Hangzhou Zhongce and Wanda Shandong totaling more than 300 million yuan. Tianjin Saixiang has won more than 100 million yuan from Tianjin International. , Guilin Rubber Machinery won the big list of engineering tire equipment. The raw materials such as carbon black also showed signs of recovery, and a group of carbon black companies announced that they will expand production capacity. It is expected that the tires and related industries in 2013 will be a good year.
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