On February 20, the China Rubber Industry Association announced the statistical analysis of the rubber industry in 2011. In 2011, the economic operation of the rubber industry was basically stable, achieving significant growth throughout the year, and the export growth rate showed a continuous downward trend. The main product structure and export structure were steadily adjusted and optimized. Due to the large fluctuations in the prices of raw materials, the operating efficiency of the industry declined. The China Rubber Association expects that the increase in exports in 2012 will continue its downward trend last year.

The statistics of China Rubber Association’s 412 key member companies of 11 branches including tires, tires, rubber hoses, rubber products, rubber shoes, latex, carbon black, waste rubber, mechanical molds, rubber chemicals, and skeleton materials were displayed in 2011. The rubber industry completed a total industrial output value of 312.21 billion yuan, a year-on-year increase of 16.97%; realized sales revenue of 311.031 billion yuan, an increase of 17.58%; and an export delivery value of 88.251 billion yuan, an increase of 27.05%. The industry realized profits and taxes of 17.726 billion yuan, a year-on-year decrease of 2.95%, a profit of 9.811 billion yuan, a year-on-year decrease of 9.03%; 341 key enterprises (excluding auxiliaries, skeletons) suffered losses, suffered a loss of 14.66%, and a loss of 887 million yuan. . Among them, the 45 key member companies in 2011 tire industrial output value increased by 19.09% year-on-year, sales revenue increased 19.39% year-on-year; comprehensive tire output increased by 2.54% year-on-year, radial tire production increased by 5.54%, all-steel radial tire output increased by 4.29%; The meridianization rate reached 86.65%, an increase of 2.46 percentage points over the same period of last year. The delivery value of export tyres increased by 27.44% year-on-year; the export rate (value) was 33.59%, which was an increase of 2.2 percentage points year-on-year. The export of tires delivered increased by 3.9% year-on-year, and the export rate (amount) was 42.27%, which was a year-on-year increase of 0.55 percentage points.

After China's auto industry experienced a significant fall in the growth rate of production and sales in 2011, it will recover in 2012, which will have a significant pull effect on the rubber industry. With the gradual implementation of the EU REACH Regulation and the EU Tire Labeling Act, which will be formally implemented in November 2012, the domestic tire companies exporting to the EU will face increasing pressure on safety and environmental protection. Due to the political considerations in the election year, the US’s attitude towards China’s trade has become increasingly strong. The case of China’s tire special protection that was implemented in 2009 may be postponed. The haze of the double-reversal case against all steel tires has not been exhausted. It is expected that the future The trade friction situation will escalate and it is likely that it will once again target Chinese tires.

It is expected that in 2012, the rubber industry will face increasing pressure on exports. In the face of more uncertainties, it is expected that the annual value of export delivery will increase by about 20%, and the increase in the export volume of main products tires will continue to fall. Face the same danger. However, benefiting from the improvement of the domestic demand market, it is expected that the industry’s major economic indicators will maintain growth of more than 20%, and tire production will be able to achieve an increase of more than 8%.

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