Bearing Industry Market Trends in 2012
1. The domestic bearing market predicts that the uncertainties in the domestic bearing market will further increase in 2012. The bearing industry will experience low-to-high and high-end conditions. It is expected that the first half of 2012 will continue its downward trend in the fourth quarter of 2011 and will slowly pick up in the second half of the year. However, the recovery rate 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 preliminary results of transformation, upgrading and structural adjustment in recent years, it is expected that in 2012, the main business income of the bearing industry will reach about 158 ​​billion yuan, an increase of about 11%. Bearing business revenue will reach about 112 billion yuan, a growth rate of about 12%, bearing production will reach about 21 billion sets, a growth rate of about 16%.
At the same time, the negative factors in the business environment of the company increased in 2012, and the operating risks increased. In particular, in the first half of the year, many domestic host industries lacked supporting requirements, bearing enterprise orders decreased, and most enterprises had less than 50% of orders in the first half of the year and underemployment; a batch of new or expansion projects were put into operation, which caused the over-capacity of ordinary product markets Competition has threatened the survival of some enterprises; the price of production factors such as labor and raw materials has risen; the cost pressure on enterprises has increased; profits have fallen; corporate inventories have risen, receivables have increased, and recycling has been difficult, especially for SMEs.
2. Foreign Bearing Market Forecast Internationally, due to the fact that the euro crisis cannot be improved in the short term, the economic stagnation of the United States and Japan, and the growth rate of the Asian economy may slow down, which will affect China’s bearing exports. However, from another perspective, due to the international economic downturn, it is bound to prompt all kinds of economies to strive to reduce cost pressures. China's bearing performance and price ratio also has certain advantages, coupled with the development of China's bearing industry in recent years, not only ball bearings have occupied a certain market in the international market, and from the changes in the structure of export products in recent years, roller bearing exports also have a Great progress, and the development of large bearings, therefore, although China's bearing exports will not continue this year's high growth trend in 2012, but it will not be much slower than the development rate in recent years. It is expected that bearing exports will also be generated in 2012. There is a growth of about 15%.
At the same time, the negative factors in the business environment of the company increased in 2012, and the operating risks increased. In particular, in the first half of the year, many domestic host industries lacked supporting requirements, bearing enterprise orders decreased, and most enterprises had less than 50% of orders in the first half of the year and underemployment; a batch of new or expansion projects were put into operation, which caused the over-capacity of ordinary product markets Competition has threatened the survival of some enterprises; the price of production factors such as labor and raw materials has risen; the cost pressure on enterprises has increased; profits have fallen; corporate inventories have risen, receivables have increased, and recycling has been difficult, especially for SMEs.
2. Foreign Bearing Market Forecast Internationally, due to the fact that the euro crisis cannot be improved in the short term, the economic stagnation of the United States and Japan, and the growth rate of the Asian economy may slow down, which will affect China’s bearing exports. However, from another perspective, due to the international economic downturn, it is bound to prompt all kinds of economies to strive to reduce cost pressures. China's bearing performance and price ratio also has certain advantages, coupled with the development of China's bearing industry in recent years, not only ball bearings have occupied a certain market in the international market, and from the changes in the structure of export products in recent years, roller bearing exports also have a Great progress, and the development of large bearings, therefore, although China's bearing exports will not continue this year's high growth trend in 2012, but it will not be much slower than the development rate in recent years. It is expected that bearing exports will also be generated in 2012. There is a growth of about 15%.
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