Customs statistics show that from January to April 2009, China had exported 81.31 million tires, valued at US$2.01 billion, which was a decrease of 23.3% and 21% respectively from the same period of 2008 (the same below). Among them, 23.16 million were exported in April, a decrease of 19.2%, worth US$580 million, down 16.1%. The main features of its exports are:
First, monthly exports have rebounded. In July 2008, monthly exports of Chinese tires exceeded 30 million, which was the highest point since January 2008, followed by a drop of 7 consecutive months, and there was a clear rebound in March 2009. Exports continued to stabilize at 23 million in April. Above, exports were 23.16 million, down 19.2% year-on-year, unchanged from the month-on-month in March.
More than 80% of the total exports are for processing trade, and general trade has declined significantly. From January to April, China exported 66.46 million tires by processing trade, a decrease of 21%, which accounted for 82.9% of China's total tire exports during the same period; during the same period, it exported 13.03 million in general trade terms, a decrease of 34.9%, accounting for 16%.
Third, the main exports to the United States, the European Union and Africa. From January to April, China exported 29.08 million, 16.34 million, and 10.44 million tires to the United States, the European Union, and Africa, respectively, down 25.7%, 20.9%, and 18.8%. The total export volume of the three countries accounted for the total of Chinese tire exports during the same period. The amount of 58.8%.
Fourth, foreign-invested enterprises have the largest decline. From January to April, foreign-invested enterprises exported 46.35 million tires, a decrease of 27.6%, which was 4.3% higher than the total exports of Chinese tires during the same period, accounting for 56.9% of China’s total tire exports during the same period. During the same period, state-owned and private enterprises exported 14.86 million and 13.58 million, respectively, which fell by 16.9% and 9.5%, respectively, which were both lower than the foreign-invested enterprises in the same period.
5. The export volume of new inflatable rubber tires for motorized passenger cars accounts for nearly 40%. From January to April, China exported 31.55 million new inflatable rubber tires for motorized passenger cars, a decrease of 12%, accounting for 38.8% of China’s total tire exports during the same period, and 22.02 million new tires for bicycles, a decrease of 35.9%. 27%. In addition, 9.45 million new pneumatic tires for passenger cars or freight motor vehicles were exported, down 30.9%, accounting for 11.7%.
Affected by the deteriorating international financial crisis, auto consumption demand in the international market has been significantly weakened, sales volume has continued to decline, and downstream demand has fallen into a slump, causing the current international tire market to shrink rapidly. Take the United States as an example. According to the statistics released by the United States on May 1, 2009, US car sales fell by 34.4% year-on-year in April 2009, which was the lowest level in nearly 30 years. This is the first consecutive decline in US car sales for the 18th month; During the same period, sales of the three major automakers of the United States, including Chrysler, GM and Ford, fell by 48%, 34% and 32% respectively year-on-year. At the same time, reducing the travel plans of car owners also reduces the loss of car tires, thereby extending the life of the tires and reducing the number of tire replacements. According to news released by the World Rubber Summit, the global tire market in 2009 will probably be reduced by about 5%.