Analysis of import and export status of China's valve industry in 2020
The market competition of valve industry in China is fierce. At present, the scale of enterprises in the market is small, and the proportion of medium and small enterprises is more than 90%. Most enterprises are backward in technology, mainly concentrated in the low-end market. This leads to the lack of competitiveness of China's valve products in the international market, the lack of high-end product development.
In China's current valve market, in addition to the low-pressure valve has reached the level acceptable in the international market, the high-pressure valve still depends on imports. Under the situation of macroeconomic downturn and uncertain international trade, the import and export volume of the industry fluctuated greatly. In 2018, the total import and export volume of the industry reached US $23.952 billion. In 2019, the total import and export volume decreased slightly to US $23.385 billion, a year-on-year decrease of 2.37%.
The import volume and price of China's valve industry fall together, international trade is challenged
Customs data show that from 2012 to 2019, the import volume of China's valve industry is on the rise. In 2018-2019, due to the impact of trade friction with the United States, the import volume and growth rate of the industry declined. In 2019, the import volume of the industry was 1023.55 million sets, a year-on-year decline of 1.58%.
From the perspective of import amount, in 2018, the import amount of valves reached US $7.328 billion, with a year-on-year increase of 19.95%; in 2019, the import amount was US $7.154 billion, with a year-on-year decrease of 2.37%.
The export has dropped to some extent, and the export volume will reach US $16.231 billion in 2019
In terms of export, according to customs data, during 2017-2019, the export amount of China's valve industry showed a fluctuating upward trend, reaching US $16.624 billion in 2018, with a year-on-year growth of 13.5%; in 2019, the total export amount of China's valve industry dropped to US $16.231 billion, with a year-on-year decline of 0.02%.
From January to December in 2019, the export amount of China's valve industry fluctuates greatly, with the largest amount of US $1.632 billion in January 2019 and the lowest amount of US $690 million in February 2019.
At present, the key domestic valve manufacturers have been able to design and manufacture various valves according to ISO international standards, DIN German standards, AWWA American standards and other international standards, and the products of some manufacturers have reached the international advanced level. The overall level of the valve industry has been greatly improved. But compared with foreign countries, the quality of Chinese products is not stable enough, such as run, run, drip, leakage phenomenon often occurs in domestic valves. Compared with developed countries, there is still a certain gap in the matching capacity of valves.
In the past two years, due to the impact of international trade friction, the international demand of China's valve products has declined, and international trade has been challenged. In this context, China's valve enterprises should improve product technology and quality, increase high-end product R & D technology, catch up with the international level as soon as possible, and improve international competitiveness.
