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Jiangmen Lidong Electronic Weighing Instrument Co., Ltd

Contact: Yang Sheng (13702201141)

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Analysis of China's Weighing Instrument Import and Export Market

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Analysis of China's Weighing Instrument Import and Export Market

Date of issue: 2016-07-27 Author: Click:

According to customs statistics, in 2013, the export volume of weighing instrument products nationwide was 1.043 billion US dollars, up 2.74% year on year. Due to the bumpy road of world economic recovery in 2013, the European debt crisis worsened, making the already fragile economic recovery situation in trouble again. The economic growth rate of developed economies continued to decline, while that of emerging markets and developing economies slowed down. Fiscal tightening, financial turmoil and fragile markets have left many economic indicators, such as investment, employment and electronic weighbridge manufacturing, showing no signs of improvement. After the rapid growth of more than 10% for more than ten years in a row, the export volume of China's weighing products showed a slow growth again in 2012 after the first negative growth in 2009 (11% less than the previous year). However, under such a poor economic environment at home and abroad, the export volume of weighing instrument products again exceeded the US $1 billion mark in 2013, which is worth celebrating.

From the perspective of export delivery place, the top four provinces and cities are still Guangdong, Zhejiang, Jiangsu and Shanghai, and the export volume of the four provinces and cities still accounts for 89% of the total export volume of weighing instruments nationwide. The export volume of weighing instruments of Guangdong Province accounts for 38.85% of the national export volume of weighing instruments, still ranking first. It is worth noting that the export volume of Guangdong Province and Shanghai both showed negative growth year on year, while that of Jiangxi Province in 2013 reached 1943% year on year. The export products of Jiangxi Province are mainly household scales, electronic belt scales, etc. Among them, the ground scale weighing more than 30 kg and less than 5000 kg and the track scale in other scales are new export products of Jiangxi Province.

Among the weighing instrument products exported nationwide, household scales still accounted for 42.86% of the total export volume of weighing instrument products nationwide, with a cumulative export volume of 447 million US dollars, but the export volume decreased by 0.52% year on year, Electronic weighbridge The price increases by 3.75%. Household scales are mainly shipped from Guangdong Province (about 49%) and Zhejiang Province (about 33%), and are mainly exported to the United States (about 20%) and Germany (about 11%), accounting for about 20% ($208 million) of the total export of weighing products nationwide.

Imports

China has imported weighing instrument products from 50 countries and regions. The annual import of weighing instrument products again exceeded 100 million yuan (US dollars). The import value of electronic weighbridge features weighing instrument products increased by 2.78% year on year. The main source of import of weighing products is Germany (about 25%), Japan (about 23%) and South Korea (about 8%). The main receiving places of imported weighing instrument products are Shanghai (about 23%), Jiangsu (about 21%) Guangdong (about 9%). The trade surplus of weighing instrument products reached US $900 million, an increase of US $24.91 million over 2011.

The largest proportion of imported weighing instrument products in the total import of weighing instrument products in China is quantitative weighing instrument (about 32%), followed by weighing instrument parts (about 26%) and belt weighing instrument (about 16%). Quantitative scales are mainly imported from Japan (quantitative packaging scale, quantitative sorting scale, ingredient scale) and Switzerland (other quantitative scales). The main receiving places of imported quantitative scales are Guangdong Province (quantitative packaging scales, other quantitative scales), Shanghai (quantitative packaging scales, quantitative sorting scales), and Chongqing (ingredient scales). Belt weighers are mainly imported from Germany (about 34%), and the main receiving places of belt weighers are Jiangsu Province (about 23%) and Shanghai City (about 20%).


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