China: the Second Largest Tire Exporter to U.S. in 2011
2012-07-18 Source：internet
Summarize： China last year exported tires to the United States was 23.4 percent less than in 2010, but China is still the second largest exporter, exports to the U.S. tire ahead of South Korea and Japan. Mexican exports to the U.S. light truck tire shipments grew nearly twice as Thailand and Indonesia are also doing well, an increase of 73% and 43.9% respectively.
www.chinabuses.org: According to Commerce Department released data show that the 2011 car, light truck and medium truck / bus tire import value rose to more than $ 10.5 billion. Canada and China remained the largest trading partner, tire value of last year were $ 19.3 billion and $ 1.82 billion U.S. dollars, accounting for the total value of imports quarter. Although last year’s car and light truck tire imports stagnated, medium truck / bus tire imports than in 2010 surged by 16.5 percent for the first time crossed the 10 million units mark.
Import trends and the growth of the aftermarket in the United States last year is roughly equal. According to the Rubber Manufacturers Association (RMA) data, the U.S. passenger tire replacement market fell 2.2 percent to 195 million units in 2011, light truck tires aftermarket flat with last year, to 28.5 million units.
On the other hand, the demand for medium / heavy truck tires aftermarket grew by 4.4 percent to $ 16.5 million sets. RMA and Commerce Department data released by the market analysis, imports now account for about 62 percent of the replacement truck tire market, of which China alone accounted for 29.5%.
Last year, imports of passenger car tires only slightly less than 0.1 percent to 120.5 million units, China is still the top of the list – even though they accounted for only last year’s tire exports to the U.S. less than 16.6%. In since the imposition of high tariffs since 2009, imports from China fell by more than 40%. Although the decline in China still accounted for nearly one fifth of U.S. imports of passenger car tires. Chinese consumer tires tariff of 29% is expected in September will return to 4%. Obama administration has not publicly expressed intention to extend.
Although China last year exported tires to the United States was 23.4 percent less than in 2010, but China is still the second largest exporter, exports to the U.S. tire ahead of South Korea and Japan. Mexican exports to the U.S. light truck tire shipments grew nearly twice as Thailand and Indonesia are also doing well, an increase of 73% and 43.9% respectively.
China accounted for almost half of the imports of U.S. medium-duty truck / bus tires, truck / bus tires average imports were lower than the sector average price per set $ 30. Truck tire imports from Thailand increased by 44.7 percent to 1.56 million units, ahead of Canada and Japan for the first time in the same category. China, Thailand, Canada and Japan together account for truck / bus tire imports nearly 90%.
2011, even under the impact of the tires safeguard China’s tire exports are subject to certain constraints. However, due to the strong demand of the U.S. market as well as the price advantage of Chinese tires, and other factors, China’s tire exports remain steadily trend. The face of strong competition in the international tire industry, tire companies at the same time ensure the quality and price advantage, but also to strengthen the brand marketing, a brand effect. The only way to seize market opportunities, to promote the development of China’s tire industry.
Views:0Editor：
Related China Bus News
editor@chinabuses.org
86-10-84933192;
