Analysis Of China's Glass Fiber Industry In The First Quarter

Import and export average price dropped significantly.

According to statistics, in the first quarter of 2012, the output of glass fiber was 703 thousand tons, an increase of 11% over the same period in 2011. Among them, Hebei, Hunan, Sichuan and Shandong glass fibre Yarn production showed rapid growth, the growth rate was 101.3% in Hebei, 40.1% in Hunan, 34.7% in Sichuan, and 13.7% in Shandong. The rapid growth of glass fiber production in the whole country has gone crazy, and the local authorities have encouraged them. Regardless of the national industrial policy, the glass fiber association has told the government departments many times last year, but so far, no one has been interested in this matter, and the glass fiber project is continuing.

The total output of China's glass fiber industry has not been effectively controlled. The output of new glass fiber production has increased by 11%, and the price of medium alkali and alkali free kilns has continued to slide. On the contrary, the glass fiber deep processing products are recognized by many small and medium-sized enterprises, and the economic benefits of the whole industry are basically stable. The whole industry achieved a profit of more than 1 billion 100 million yuan, structural adjustment of export products, increased value added products, and achieved a trade surplus of 200 million yuan. The number of imports continues to decline, showing the upgrading of technological strength of domestic enterprises. Vigorously developing technological transformation and developing glass fiber deep processing products has become the consensus of the whole industry.

Deep processing products make up for the decline in the whole industry

Small businesses in the fiberglass industry have made remarkable achievements in actively adjusting the product mix and speeding up the upgrading of equipment. Glass fiber deep processing products make up for the decline in the whole industry and export decline and other problems, reappear the vitality of the industry. Since March, the prices of deep-processed products have been rising all the way, and new products are emerging. All kinds of cloth, pipes, felt, rope, composite fabrics, membrane materials and nonwoven fabrics have opened up a new world for the processing industry. Although the number of products processing industry has not yet been formed, spring has already arrived. Changzhou Hongfa, Nanjing Institute, Sichuan glass fiber, Liaoning Dawa, Zhejiang Yu Li, Yingshan machinery, Anhui Tongli, Henan Prius and other enterprises are thriving. Dozens of people and hundreds of people are attacking the industry's intensive group. These enterprises are fiercely fierce, and sales have already surpassed hundreds of millions of yuan and several billion yuan.

Imported varieties are the direction of domestic enterprises' efforts.

The number of glass fiber imports continued to decline. According to statistics, China imported 49 thousand and 500 tons of glass fiber and products in the first quarter and imports amounted to US $205 million, down 15.46% and 12.33% respectively. The most obvious decline is glass fiber roving, a decrease of 69.51%. At the same time, imports increased on other products such as glass fiber net, mat, plate and short glass fiber.

In 2011, the number of imports continued to decline. In 2012 January, the import volume reached 12786 tons, and began to pick up in February. The number of imports in March reached 20031 tons and returned to March 2011 level. The average import price stabilized after reaching 4882 US dollars / ton in the middle of 2011, and the average import price reached 3948 US dollars / ton in March this year.

With the development of glass fiber industry, the competitiveness of China's glass fiber products in the international market will continue to increase, and the total number of imports will continue to decline in an all-round way, which will be an inevitable trend in the future. From the variety analysis of imported products, the vast majority of imported products can not be produced domestically, and the added value is relatively high. These varieties are the direction of domestic export enterprises.

"Limited production and price increase" has been widely recognized by export enterprises.

According to statistics, export volume of glass fiber and products has declined in the first quarter, while export volume has increased. The export of glass fiber roving decreased by 11.08%, while the export of glass fabric woven fabrics under 30 cm increased by 282.57% over the same period. The export of other glass fiber woven fabrics, glass mat, glass fiber flake (Bali yarn), other fiberglass nets, pads, panels, and short cut glass fibers also increased significantly. The structure of export products is constantly optimized and the added value of export products has been raised.

The export volume of glass fiber yarn has decreased by nearly 13%, while the export volume has only decreased by 7.66%, reflecting the guiding ideology of "limiting production and raising prices", which has been widely recognized by export enterprises. At the same time, although the number of high value-added products increased little, exports increased significantly. It shows that the competitiveness of China's export enterprises needs further improvement in the field of glass fiber deep processing.

In the first quarter, the export of glass fiber and products recovered. In March, exports of glass fiber and products reached 114231 tons, and exports amounted to US $179 million 538 thousand and 600. Export volume and export volume basically recovered to the same period in 2011. The average export price reached $1779.69 / ton at the end of 2011, but it dropped in the first quarter of 2012, and the average export price in March was US $1571.71 / ton.

Industries should get rid of constraints as soon as possible

In the first quarter, China's fiberglass industry data show that the glass fiber industry is changing. On the one hand, we are still not completely free from the international financial crisis and the influence of trade protectionism. The development of foreign trade is facing severe challenges. On the other hand, the role of "12th Five-Year plan" to raise prices and adjust the industrial structure has begun to appear, and the pattern of import and export products is quietly changing.

Reduce the export proportion of low value-added products

Export driven economic growth has been an important driving force for China's economic development due to historical reasons. Therefore, the reduction of exports is often regarded as negative information without any analysis. Despite the importance of developing domestic demand after the international financial crisis, the traditional mode of thinking and development view still have a strong impact on us.

Large and medium-sized enterprises do well in industrial upgrading

The import and export data of glass fiber in March 2012 not only indicate the gap between China and other countries in the high-end varieties of glass fiber, but also point out the correct development direction of the glass fiber industry, and tell us that the glass fiber industry has enormous room for development. It is hoped that fiberglass enterprises, especially large and medium scale enterprises, can seriously analyze the market demand and seize the opportunity to develop and upgrade them from deep processing products such as yarns, cloth, casing, membrane materials, filter materials and ropes. We should enhance industrial upgrading to enhance international competitiveness.

Upgrading of glass fiber production equipment

To implement the "12th Five-Year plan" of fiberglass industry, the glass fiber production equipment is in urgent need of upgrading. Therefore, the "12th Five-Year" period is not only an important opportunity for fiberglass production enterprises, but also an important opportunity for the development of upstream and downstream enterprises, especially fiberglass machinery manufacturers, and glass fiber manufacturers will jointly face the future development of the fiberglass market.

Never become a victim of protectionism.

In recent years, China's export of glass fiber has been plagued by international trade protectionism. Large and small anti-dumping investigations have reached 6 cases, involving the European Union, Turkey, India and other countries. The main reason is that these countries and some international multinationals have obstructed the import of China's glass fiber products in order to protect their own enterprises and domestic group interests. As we have repeatedly stressed in all previous anti-dumping investigations, anti-dumping is a double-edged sword. While hurting our export enterprises, it also hurts the interests of the downstream enterprises of the importing countries.

In addition, the ongoing trade war also reminds us from another angle that the export strategy of primary products and low prices can easily become a victim of trade protectionism in the international market. And high-end products can not only get high added value, earn excess profits, but also receive less. Price competition And the impact of trade protection.