Bearing Industry Statistics Analysis and Forecast

Due to insufficient supporting demand of many domestic host industries, the profit growth of the bearing industry in the first half of the year significantly slowed down, and the inventory level increased significantly.

Data show that from January to June, China's bearing industry realized a total profit of 1.45 billion yuan, a decrease of 41.87% compared to the same period of last year, and bearing inventory also increased from 4.70 billion yuan in the same period last year to 5.23 billion yuan, an increase of 11.30%.

The monthly production report of the major manufacturing enterprises of the bearing industry shows that in the first half of this year, 104 companies participating in the statistics of the bearing industry in China produced a total of 2.11 billion sets of bearings, a year-on-year increase of 4.76%; sales volume was 1.95 billion sets, a year-on-year decrease of 2.89%. Although output has increased, output value has declined. In the first half of the year, the total industrial output value was 28.31 billion yuan, a year-on-year decrease of 6.97%.

With the continuous improvement of the quality of bearing products, the demand for branded bearing products becomes more obvious. As the majority of users have more explicit requirements on the reliability and stability of bearings, as well as the promotion of enterprise management concepts and development concepts in each host industry, and pay attention to nurturing their own brand names and brands, the market demands tend to be more outstanding bearing brands and excellent bearing companies. .

With the development of the market, users are increasingly demanding the accuracy, performance, life, and variety of bearing products. They are not satisfied with the requirements of general-purpose bearings and are turning to products with high accuracy, low noise, and long life. demand. Although the development of the bearing industry has increased, but compared with the world's leading industrial bearing industry, the industry still has a large gap, the main performance of high-precision, high-tech and high value-added bearing products, the proportion is low. Nowadays, many bearing companies through a series of independent innovation reforms, the bearing industry's technical level and reliability, stability has been improved to some extent, but in the future sales process, the important main supporting market will still be controlled in In the hands of these enterprises, under the role of active domestic demand for foreign trade slowdown, some electric tool bearing markets will shift to domestic companies, and imported bearings will decline.

The industry believes that although the growth rate of profit growth in the first half of the year has significantly declined, the relevant data basically meets the management's expectations. According to the association’s estimates, in 2012, the main business income of the bearing industry will reach about 158 ​​billion yuan, an increase of about 11%, and the bearing output will reach about 21 billion sets, an increase of about 16%. According to “2012-2016 China Industrial Bearing Market Research Report” Shows that China's bearing industry development faces both opportunities and pressures. Looking at the domestic market, the uncertainties in the domestic economic operation last year increased. The bearing industry has brought new challenges and brought new opportunities. China will continue to increase its investment in infrastructure, and bearing-related industries such as steel, automobiles, and home appliances will also face new opportunities for development. The development of the automotive industry has also driven the development of automotive bearings. The demand for bearings in the future will stabilize and the bearing industry will usher in a period of sustained development.