In the first three quarters of 2017, the main economic operation indicators of the rubber industry, industrial output value at current price, sales revenue and export delivery value, realized a substantial growth, which remained basically stable. The realized profit of the industry continuously decreased on a year-on-year basis, with the decrease slightly narrowed.
Main Condition of Industry Operation
According to the statistics of China Rubber Industry Association (hereinafter referred to as CRIA) on 410 key member enterprises under 11 branches (specialized committees) respectively engaged in tires, cycle tires, rubber hoses & rubber belts, rubber products, rubber shoes, latexes, carbon black, comprehensive utilization of waste rubber, rubber machinery moulds, rubber chemicals and framework materials,in the first three quarters of 2017, the realized industrial output value at current price was 254.191 Billion Yuan, with a year-on-year (the same below) increase of 11.24%; the realized sales revenue was 251.049 Billion Yuan, with an increase of 14.55%; the export delivery value was 78.198 Billion Yuan, with an increase of 18.98%; and the export rate (value) was 30.76% with an increase of 2.0%; the realized profit and tax was 15.439 Billion Yuan, with a decrease of 14.12%; the realized profit was 9.23 Billion Yuan, with a decrease of 13.54%; and the profit rate of sales revenue was 4.36% with a decrease of 1.45%. There were 55 enterprises with deficits, increased by 5.77% and the deficit was 1.688 Billion Yuan with an increase of 83.62%. The manufactured inventory amount was 29.723 Billion Yuan, with an increase of 12.97%.
Fig.1 Main Indicators Growth Comparison of Rubber Industry in the First Three Quarters of 2017 and the Same Period of 2016
Fig.2 Growth Trend of Industrial Output Value at Current Price in the First Three Quarters of 2017
Fig.3 Sales Revenue Growth Trend in the First Three Quarters of 2017
Fig.4 Growth Trend of Export Delivery Value in the First Three Quarters of 2017
Fig.5 Growth Trend of Profit in the First Three Quarters of 2017
See Fig. 1 for comparison of growth of main indicators of rubber industry in the first three quarters and Fig. 2~5 for growth trend of industrial output value at current price, sales revenue, export delivery value and realized profit respectively.
Main Features and Analysis of Economic Operation
Industrial output value at current price realized a substantial growth
According to the statistics of CRIA on key member enterprises, in the first three quarters of 2017, the industrial output value at current price increased by 11.24%, with an increase of 10.26% compared with that in the same period of last year and a decrease of 2.46% compared with that in the first half year. Among specific industries, only the industrial output value at current price of rubber shoes industry had a negative growth, which narrowed compared with the decrease in the same period of last year and decreased slightly compared with the growth of the first half year. Among specific industries realizing positive growth, the growth of three specific industries, rubber products, rubber chemicals and framework materials, was lower than that in the same period of last year and the growth of comprehensive utilization of waste rubber and rubber chemicals was slightly higher than that in the first half year.
Fig.6 Growth of Gross Industrial Output Value of Each Specific Industry of Rubber Industry in First Three Quarters of 2017
Sales revenue had obvious growth
According to the statistics of CRIA on key member enterprises, in the first three quarters of 2017, the sales revenue increased by 14.55%, which increased by 13.42% compared with that in the same period of last year and narrowed by 0.38% compared with that in the first half year. All the statistic specific industries realized positive growth, in which the growth of two specific industries, rubber machinery moulds and rubber chemicals, was inferior to that in the same period of last year, and the growth of four specific industries, tires, comprehensive utilization of waste rubber, rubber chemicals and framework materials, went up at varying degrees compared with that in the first half year. See Fig. 7 for growth of sales revenue of each specific industry of rubber industry in the first three quarters.
Fig. 7 Growth of Sales Revenue of Each Specific Industry of Rubber Industry in the First Three Quarters of 2017
Growth of export delivery value tended to be stable
According to the statistics of CRIA on key member enterprises, in the first three quarters of 2017, the export delivery value increased by 18.98%, which increased by 21.99% compared with that in the same period of last year and 1.76% compared with that in the first half year. The export rate (value) was 30.76%, which had a year-on-year increase of 2.0% and increased by 1.50% compared with that in the first half year. Among specific industries, only the export delivery value of comprehensive utilization of waste rubber specific industry had a negative growth, but the decrease narrowed compared with that in the same period of last year and also narrowed compared with that in the first half year. Among specific industries realizing positive growth, only the growth of rubber shoes specific industry was lower than that in the same period of last year, and the growth of six specific industries, tires, cycle tires, rubber hoses & rubber belts, rubber machinery moulds, comprehensive utilization of waste rubber and framework materials, was stronger than that in the first half year. See Fig. 8 for growth of export delivery value of each specific industry of rubber industry in the first three quarters.
Fig. 8 Growth of Export Delivery Value of Each Specific Industry of Rubber Industry in the First Three Quarters of 2017
Conditions of Specific Industries
Tires
For 41 key member enterprises, in the first three quarters, the realized industrial output value at current price increased by 9.32% and the realized sales revenue increased by 14.89%, in which the sales revenue of radial tires increased by 15.78%. The output of integrative casing increased by 7.76%, in which the output of radial tires increased by 8.92% and the output of all-steel radial tires increased by 8.07%. The radial rate was 93.44% with a growth of 0.99%. The realized export delivery value increased by 18.16%, and the export rate (value) was 38.53%, with an increase of 2.88%. The export tire delivery volume increased by 13.29%, in which that of export radial tires increased by 14.76%; and the export rate (volume) was 48.01%, with an increase of 2.34%. The realized profit and tax of 38 enterprises declined by 48.79%, the realized profit declined by 57.96% and the profit rate of the sales revenue reduced by 3.14%. There were 16 enterprises with deficits, and the deficit was 1.394 Billion Yuan. And the manufactured inventory amount increased by 10.15%.
Fig. 9 Comparison of Growth of Main Indicators of Tire Industry in the First Three Quarters of 2017
See Fig. 9 for comparison of growth of main indicators of tires specific industry in the first three quarters.
Cycle Tires
For 39 key enterprises, in the first three quarters of 2017, the realized industrial output value at current price increased by 8.15% and the realized sales revenue increased by 9.59%. Among the leading products, the output of bicycle casing increased by 11.45%, the output of electric bicycle casing increased by 11.82% and the output of motorcycle casing decreased by 8.02%. The realized export delivery value increased by 6.25%, and the export rate (value) reached 26.95% with a decrease of 0.48%. The realized profit and tax declined by 27.46%, the realized profit decreased by 41.56%, and the profit rate of the sales revenue reduced by 1.99%. There were 2 enterprises with deficits, and the deficit was 15.29 Million Yuan. And the amount of the finished products increased by 1.75%. See Fig. 10 for comparison of growth of main indicators of cycle tires specific industry in the first three quarters.
Fig. 10 Comparison of Growth of Main Indicators of Cycle Tires Industry in the First Three Quarters of 2017
Rubber Hoses & Rubber Belts
For 51 key enterprises, in the first three quarters of 2017, the realized gross industrial output value at current price increased by 11.18%, and the realized sales revenue increased by 9.86%. Among the leading products, the output of conveyor belt increased by 10.64%, the output of V belt decreased by 0.26%, and the output of rubber hose increased by 18.60%. The realized export delivery value increased by 24.40%, and the export rate (value) reached 10.33% with an increase of 1.10%. The realized profit and tax increased by 12.62%, the realized profit increased by 18.84% and the profit rate of the sales revenue increased by 0.62%. There were 4 enterprises with deficits, and the deficit was 32.32 Million Yuan. And the manufactured inventory amount increased by 14.43%.
Fig. 11 Comparison of Growth of Main Indicators of Rubber Hoses & Rubber Belts Specific Industry in the First Three Quarters of 2017
See Fig. 11 for comparison of growth of main indicators of rubber hoses & rubber belts specific industry in the first three quarters.
Rubber Products
For 57 key enterprises, in the first three quarters of 2017, the realized gross industrial output value at current price increased by 13.96%, and the sales revenue increased by 6.87%. Among the leading products, the output of automobile anti-vibration articles increased by 16.16% and the output of “O” rings increased by 13.56%. The realized export delivery value increased by 22.20%; the export rate (value) reached 22.97% with an increase of 1.55%. The export amount of auto spare parts increased by 15.35%. The realized profit and tax increased by 6.75%, the realized profit increased by 8.59% and the profit rate of the sales revenue reached 9.82%, with an increase of 0.16%. There were 6 enterprises with deficits, and the deficit was 8.06 Million Yuan. And the inventory amount increased by 5.80%. See Fig. 12 for comparison of growth of main indicators of rubber products specific industry in the first three quarters.
Fig. 12 Comparison of Growth of Main Indicators of Rubber Products Specific Industry in the First Three Quarters of 2017
Rubber Shoes
For 25 key enterprises, in the first three quarters of 2017, the realized output value at current price decreased by 0.49%, and the realized sales revenue increased by 4.43%. The realized rubber shoes output decreased by 0.26%. The realized export delivery value increased by 7.30%; the export rate (value) was 11.56% with an increase of 0.31%. The export of rubber shoes increased by 28.06%; the export rate (volume) reached 12.09% with an increase of 2.67%. The realized profit and tax increased by 9.05%, the realized profit increased by 13.45% and the profit rate of the sales revenue increased by 0.33%. There were 5 enterprises with deficits, and the deficit was 37.06 Million Yuan. And the inventory amount increased by 4.88%.
Fig. 13 Comparison of Growth of Main Indicators of Rubber Shoes Specific Industry in the First Three Quarters of 2017
See Fig. 13 for comparison of growth of main indicators of rubber shoes specific industry in the first three quarters.
Latexes
For 28 key enterprises, in the first three quarters of 2017, the realized industrial output value at current price increased by 2.64%, and the realized sales revenue increased by 9.17%. Among the leading products, the condom output decreased by 26.18%; the medical gloves output increased by 3.06%; and the examination gloves output increased by 0.65%. The realized export delivery value increased by 7.55%; the export rate (value) reached 45.27% with an increase of 2.07%. The realized profit and tax increased by 11.34%, the realized profit increased by 15.28% and the profit rate of the sales revenue increased by 0.29%. There were 8 enterprises with deficits, and the deficit was 29.31 Million Yuan. And the manufactured inventory amount increased by 9.68%.
Fig. 14 Comparison of Growth of Main Indicators of Latexes Specific Industry in the First Three Quarters of 2017
See Fig. 14 for comparison of growth of main indicators of latexes specific industry in the first three quarters.
Carbon Black
For 35 key enterprises, in the first three quarters of 2017, the realized industrial output value at current price increased by 52.96%, and the realized sales revenue increased by 59.18%. The total output of carbon black increased by 6.82%, in which the output of wet process carbon black increased by 6.59%. The realized export delivery value increased by 28.48%; the export rate (value) was 11.85% with a decrease of 2.26%. The export of carbon black increased by 3.14%, the export rate (volume) reached 13.25% with a decrease of 0.47%. The realized profit and tax increased by 164.87%, the realized profit increased by 897.36%, and the profit rate of the sales revenue increased by 4.30%. There were 7 enterprises with deficits, and the deficit was 34.06 Million Yuan. And the inventory amount increased by 43.70%.
Fig. 15 Comparison of Growth of Main Indicators of Carbon Black Specific Industry in the First Three Quarters of 2017
See Fig. 15 for comparison of growth of main indicators of carbon black specific industry in the first three quarters.
Rubber Machinery Moulds
For 21 key enterprises, in the first three quarters of 2017, the realized industrial output value at current price increased by 1.98%, and the realized sales revenue increased by 0.45%. The realized output of moulds increased by 1.91%. The realized export delivery value increased by 36.12%; the export rate (value) reached 40.91% with an increase of 10.72%. The realized profit and tax increased by 1.58%, the realized profit increased by 0.21%, and the profit rate of the sales revenue was 5.96%, with a decrease of 0.01%. There was 1 enterprise with deficits, and the deficit was 11.29 Million Yuan. And the inventory amount increased by 19.43%.
Fig. 16 Comparison of Growth of Main Indicators of Rubber Machinery Moulds Specific Industry in the First Three Quarters of 2017
See Fig. 16 for comparison of growth of main indicators of rubber machinery moulds in the first three quarters.
Comprehensive Utilization of Waste Rubber
For 31 key enterprises, in the first three quarters, the realized industrial output value at current price increased by 4.48%, and the realized sales revenue increased by 5.91%. The reclaimed rubber output increased by 4.26% and the rubber powder output increased by 9.35%. The realized export delivery value decreased by 11.78%; and the export rate (value) reached 2.71% with a decrease of 0.50%. The realized profit and tax decreased by 1.43%, the realized profit decreased by 9.30%, and the profit rate of the sales revenue decreased by 1.04%. There were 2 enterprises with deficits, and the deficit was 154,000 Yuan. And the inventory amount increased by 3.88%.
Fig. 17 Comparison of Growth of Main Indicators of Comprehensive Utilization of Waste Rubber Specific Industry in the First Three Quarters of 2017
See Fig. 17 for comparison of growth of main indicators of comprehensive utilization of waste rubber specific industry in the first three quarters.
Rubber Chemicals
For 47 key enterprises, in the first three quarters of 2017, the realized industrial output value at current price increased by 0.60% and the realized sales revenue increased by 0.50%. The gross output of rubber chemicals decreased by 1.70%, among the leading products, the accelerating agent output decreased by 1.02%, and the anti-deteriorant output decreased by 2.92%. The realized export delivery value increased by 9.94%, and the export rate (value) reached 34.04%, which increased by 2.92%. The export volume of rubber chemicals increased by 7.21%, the export rate (volume) reached 31.22%, which increased by 2.59%.
Fig. 18 Comparison of Growth of Main Indicators of Rubber Chemicals Specific Industry in the First Three Quarters of 2017
See Fig. 18 for comparison of growth of main indicators of rubber chemicals specific industry in the first three quarters.
Framework Materials
For 20 enterprises, in the first three quarters of 2017, the realized industrial output value at current price increased by 7.18% and the realized sales revenue increased by 24.98%. The realized export delivery value increased by 34.30%, and the export rate (value) reached 39.31%, which increased by 2.73%. The realized profit and tax decreased by 11.79%, the realized profit increased by 5.05%, and the profit rate of the sales revenue decreased by 0.89%. There were 4 enterprises with deficits, and the deficit was 126 Million Yuan. And the inventory amount increased by 26.89%.
For 35 enterprises, in the first three quarters of 2017, the total output of framework materials increased by 11.83%; in which the output of fiber cord fabrics increased by 23.40%, the output of steel cord increased by 11.23% and the output of bead wire increased by 4.07%.
Fig. 19 Comparison of Growth of Main Indicators of Framework Materials Specific Industry in the First Three Quarters of 2017
See Fig. 19 for comparison of growth of main indicators of framework materials specific industry in the first three quarters.
