2 Months Of Tire Export Data Exposure, The Situation Is Not Optimistic!

- Mar 18, 2019-

  Recently, Shandong Province released tire export data for January-February 2019. During the reporting period, the total value of tire exports in the province was 8.36 billion yuan, a growth rate of only 1.4% compared with the same period of the previous year. It can be said that the Shandong tire industry is This year experienced a bleak start. The titanium dioxide we supply is used as a coloring agent in rubber, but also has reinforcing, anti-aging and filling effects.

  According to some industry sources, according to the data, Shandong’s tire exports in February were 3.08 billion yuan, compared with 3.48 billion yuan in the same period last year, that is, the export volume in February was indeed reduced. Compared with the previous year, the prices of various brand tire products have increased to varying degrees, so it is a foregone conclusion that the export volume is affected by the "double opposition".

  Looking at Dongying City again, the city’s total tire exports in January this year was 1.86 billion yuan, compared with 1.61 billion yuan in the same period last year. The total value of exports has increased compared with the total value of exports, but the growth rate of exports However, it has decreased by 1.3 percentage points, which reflects the difficulty of export to some extent.

  Local practitioners revealed that the official levy of the “double-reverse” tax in the EU and the US has caused the export pressure of enterprises to increase sharply. The competition pattern among domestic enterprises is difficult to improve in 2019 and in the next few years. The production and sales costs of enterprises are also increasing. Big, manufacturers are facing difficulties in this year's good business.