China's bearing industry is expected to produce 21 billion sets of 2012 production

In 2012, the main business income of the bearing industry is expected to reach around 158 billion yuan, an increase of about 11%. Although revenue maintained double-digit growth, the uncertainties in the domestic bearing market increased further in 2012.

According to expert analysis, the bearing industry will appear low and high this year. However, foreign exchange earnings from exports will increase by about 15% to 5.2 billion U.S. dollars.

The downward trend continued until mid-year forecast. In the first half of 2012, the downward trend in the fourth quarter of 2011 will continue, and the second half will slowly rise. However, the recovery is limited. It is estimated that the overall development trend will be stable in the second half of the year.

As some enterprises in the industry, especially large-scale backbone enterprises, have begun to show the initial results of transformation, upgrading and structural adjustment in recent years. The association predicts that in 2012, the main business income of the bearing industry will reach about 158 ​​billion yuan, an increase of about 11%; bearing production will reach about 21 billion sets, an increase of about 16%.

It is worth noting that the negative factors of the business environment of the company will increase in 2012, and the operational risks will increase. It is expected that in the first half of the year, many domestic host industries will have insufficient supporting demand, bearing enterprise orders will be reduced, and most companies will have less than 50% of orders in the first half of the year, and underemployment.

A batch of new construction or expansion projects put into operation will cause excessive competition in the ordinary product market with excess capacity and threaten the survival of some enterprises; the price of production factors such as labor and raw materials will increase, the cost pressure of enterprises will increase, and profits will decline; Receivables increased, and recycling was difficult, especially for SMEs.

In the foreign bearing market, as the euro crisis cannot be improved in the short term, the economic stagnation in the United States and Japan, and the Asian economic growth rate may slow down, will have an impact on China’s bearing exports. China's bearing exports this year will not continue the trend of high growth in 2011, but it will not be much slower than the speed of development in recent years. It is expected that the foreign exchange earned from bearing exports will grow by about 15% in 2012, reaching US$5.2 billion.

Statistics show that before the development of the previous year, high and low statistics show that in 2011 the national bearing industry completed the main business income of 142 billion yuan, an increase of 12.7% year-on-year, bearing production completed 18 billion sets, an increase of 20%; annual export bearings 4.9 billion sets, Foreign exchange earning reached US$4.5 billion, an increase of 18.2% and 36.6% over the same period of the previous year, and 1.88 billion sets of imported bearings totaled 4.17 billion US dollars, up by 4.6% and 9.4% respectively over the same period of last year. The import/export surplus continued to increase. It reached 330 million U.S. dollars.

Relevant person in charge believes that in the context of the complex and volatile international political and economic situation, after the high-speed growth in 2010, the bearing industry had a high and low operating trend in 2011, and the industry entered a structural adjustment and rational regression. stage.

Bearing industry in 2011 maintained a certain growth throughout the year. At the beginning of 2011, the main business income of the entire industry increased by more than 26% year-on-year. In the second half of the year, the growth rate continued to decline. However, in 2011, the entire industry still maintained an increase of more than 12%, while the bearing export business revenue decreased by a small margin. The surplus exceeds 300 million U.S. dollars.

Judging from the number of bearing production and sales, the cumulative number of production and sales per month is basically balanced, but from the perspective of bearing inventory, the year-on-year growth rate fluctuates, but it generally shows an upward trend. Inventory at the end of 2011 increased by about 40% from the beginning of the year.

From the profit point of view, the profit growth rate at the beginning of 2011 was close to 60%. However, due to a large increase in costs, the industry's profit for the whole year decreased, and the growth rate dropped to around 10%.

Bearing imports and exports once again showed a surplus. It is understood that since the international financial crisis, the bearing import and export deficit in 2009 was 800 million U.S. dollars. In 2010, the bearing import and export deficit was 500 million U.S. dollars. In 2011, bearing imports and exports will have a surplus, with a surplus of 330 million U.S. dollars.

According to the responsible person's analysis, the bearing industry surplus reproduced, on the one hand, China's export bearing market and structure have been adjusted reasonably, the share of large bearings and high-end bearing exports has increased, and on the other hand, multinational bearing group companies have built factories in China. , reduce the number of imported bearings.