The National Development and Reform Commission reported on March 28, 2013 that, driven by the growth in domestic demand, from January to February 2013, the tire industry produced 13.83 million tires, an increase of 13.8% year-on-year; of which, the output of radial tires was 66.54 million, an increase of 19.9%. .
In 2013, the automobile industry started well. In January-February, the cumulative production and sales volume was 3.31 million and 3.39 million, which was an increase of 14.1% and 14.7% year-on-year respectively.
However, due to the slowdown in the growth rate of the domestic auto market and the sluggish foreign trade of tires in the past two years, the desire of tire companies to invest has weakened and the industry's development momentum has slowed down. In the first two months of 2013, the tire industry plans to invest 68.7 billion yuan, a year-on-year decrease of 1.1%; completed investment 4.69 billion yuan, an increase of only 2.7% year-on-year.
From January 2013, the tire industry achieved a total import and export trade of 1.32 billion U.S. dollars, an increase of 7.3% year-on-year, and a trade surplus of 1.19 billion U.S. dollars, a year-on-year increase of 4.5%.
Since 2012, the trend of foreign trade in the tire industry has always been relatively low. The reason for this is that the development and reform commission points out that the prospects for international economic recovery are uncertain and the growth of the external demand market is weak. Trade protection and technical barriers in some countries and regions have made it more difficult to export tires.
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