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Statistics released by Guangzhou Customs on September 2, 2010 show that from January to July 2010, nearly 26 million tires were exported from Guangdong, an increase of nearly 20% compared with the same period in 2009; the value was USD 320 million, an increase of 25%; the average export price For each $12, an increase of 5%.
The data shows that after the average export price fell to a large extent from May to June, the average price of Guangdong's tire exports rebounded significantly in July, at US$13 each, which was a year-on-year increase of 0.8% and a month-on-month increase of 24%. In July 2010, the export volume of tires in Guangdong continued its growth momentum in May, with 4.33 million exports in a single month, a year-on-year increase of 25%.
It is worth noting that the increase in the export volume of Guangdong tires to the United States has expanded and the emerging market has achieved significant results. From January to July 2010, Guangdong exported nearly 8.5 million tires to the United States, an increase of 10%, indicating that the impact of the tires' special protection case gradually weakened; the export to the EU was 4.515 million, an increase of 21%. The above two combined accounted for 50.1% of total tire exports from Guangdong during the same period.
In addition, the export growth of Guangdong tyres to the emerging markets was relatively good. Among them, exports to Latin America and Kenya were 2.551 million and 625,000, respectively, an increase of 70% and 1 times; exports to the Taiwan region were 933,000, an increase of 4.4 times.
According to customs analysis, the export situation of tires in Guangdong is better than expected, mainly due to the following three reasons: First, the international auto market is still showing signs of picking up, driving up the demand for tires; second, the global tire industry is recreating rising prices, and corporate investment continues to expand. Third, the United States Department of Commerce’s decision to impose anti-dumping duties and countervailing duties on Chinese-made tires has been found guilty of illegality, and China’s tires have turned to the US market.
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