Metal Products Industry: Overview of China's Container Component Development

Update:07-05-2018
Summary:

Metal Products Industry: Overview of China's Container […]

Metal Products Industry: Overview of China's Container Component Development

I. Overview of the Container Component Manufacturing Market

As a part of the container manufacturing industry chain, container component manufacturing is closely related to the overall level of the container manufacturing industry. Its market size is subject to the overall development of the container industry. container spreader Manufacturers As of 2015, China is the world’s largest manufacturing country for containers and has created three world firsts in this area of production. China's container annual production capacity has reached 5.8 million TEU (TEU), ranking the first in the world; the production of container specifications is the world's largest, China's container production from dry cargo containers to general cargo containers, and special containers, box-type transport vehicles, specifications The variety has reached more than 900, can meet various transport needs; container production and sales in the world, the world container production and sales volume is 3.92 million TEU, of which China's container production and sales have reached 3.74 million TEU.

From the perspective of capacity, China's metal container production in 2014 was 139.145 million cubic meters, which represented a growth rate of 26.69% compared to the same period of 2013, and the growth rate picked up. As the world economy gradually warms up, the container manufacturing industry will usher in new During the development period, the container parts manufacturing companies will also usher in new opportunities for development.

Second, the future development trend of container component industry

With the development of economic globalization and China's accession to the WTO, China’s foreign economic and trade business has developed rapidly. The total volume of import and export trade has increased from 11 trillion in 2005 to 26 trillion in 2014, in addition to the impact of the financial crisis in 2008. In 2009, the import and export trade contracted, and the total import and export volume in other years showed a continuous increase. At present, China has surpassed the United States as the world's largest trading nation. Containers, as the most important transport carrier for ocean shipping, play an indispensable role in the development of shipping.
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The prosperity of import and export trade has promoted the development of container demand. At the same time, container throughput has also been greatly improved in terms of ports, inland rivers, railways, and road transport. Port container throughput has increased from 75.64 million TEU in 2005 to 2011. 16.4 million TEUs in the year. Among the world’s top 20 container ports, China’s six ports in Shanghai, Shenzhen, Qingdao, Ningbo-Zhoushan, Guangzhou and Tianjin are among them. From 2005 to 2011, the container throughput of China's railways, highways and ports and the throughput of the port containers have been steadily increasing. The specific statistics are shown in the following table.

Third, with the industry's upstream and downstream relations

Relationship with the upstream industry

The upstream industry for container component manufacturing is mainly ferrous metal smelting. Due to the complex application environment, container components have higher requirements for steel products. In order to increase the service life of containers and reduce the use cost, steel products must withstand atmospheric and seawater corrosion. At present, the domestic steel industry as a whole is in a situation of overcapacity, bromma spreader Suppliers and will continue to be in existence for a period of time in the future. Therefore, steel products have sufficient market supply, and there is no shortage of raw material supply for the manufacture of container parts.

In recent years, the continued decline in iron ore prices has led to rapid price cuts by upstream suppliers of container components and slower price adjustments in downstream markets. As a result, the decline in steel prices has brought about a period of dividends. At present, the steel industry stocks in the entire industry have improved to a certain extent, but due to the rigid production capacity of iron and steel enterprises, the effect of capacity reduction in the short term is limited.