Tire demand is booming overseas dealers snap up Chinese tires

Recently, the media conducted interviews with a number of tire companies and overseas dealers. According to reports, overseas market demand is strong, tire companies are running at full capacity.

Some of the finished tires that have just been produced are shipped directly away. A tire manufacturer in Qingdao, Shandong province, is rushing to produce 18-inch tires. It can produce 15,000 tires per day.

The factory runs 24 hours a day, but the order fulfillment rate is only about 60%. Many overseas dealers said that at present, the tire supply is in short supply, and their task now is to grab China's export orders.

A dealer in Saudi Arabia said that in the first half of the year, they sold 100,000 Chinese tires, as many as they sold in the whole of last year. In 2023, she expects to purchase 230,000 Chinese tires.

Data show that in the first half of this year, China's cumulative export volume of rubber tires, an increase of 13.7%; The export value increased by 19.9% year on year, and the growth momentum is obvious.

The analysis pointed out that factors such as falling shipping prices and falling raw material costs are also the driving force behind the strong performance of tire exports this year.

Article source: Tire World Network