On July 19th, the General Administration of Customs of the PRC released tire export data for June 2022 and H1 2022. China Rubber magazine learned that China's tire export volume continued to grow year-on-year in June, and the cumulative export volume in the first half of 2022 ended at a higher growth rate. During the same period, China's tire export prices rose significantly yearly.
Based on the data, China's total export of rubber tire volume in June was 660,000 tons, 30.000 tons drop from the previous month, an increase of 7.1% year-on-year. The export amount was 11.62 billion yuan, a month-on-month increase of 151 million yuan, an increase of 22.1% year-on-year. The export volume shows a decline compared to the previous month; however, the export amount is increased, indicating that a tire's average export price is still higher than the previous month.
China's cumulative export volume of rubber tires in the first half of 2022 was 3.77 million tons, an increase of 7.2% year-on-year; the Export amount was 62.528 billion yuan, an increase of 17.4% year-on-year.
These stats show signs of recovery in the tire industry, especially in China as the world's largest tire producer and exporter. Suppose you are looking for a top-notch quality tire manufacturer from China; you are welcomed to the 18th China International Tire Expo on 12th-14th December 2022 at Shanghai World Expo Exhibition & Convention Center. See you this year!
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