Research Report On China's Natural Rubber Market

Research Report On China's Natural Rubber Market

According to the latest statistical data from IRSG, the global consumption of natural rubber has being increased by 300000-400000 ton/year since the year 2000, except a small declination in 2001.Among the biggest consuming countries, the consumption levels of US and Japan are steady, India is keeping mini-increasing, however, the lightspot of natural rubber consumption is China. According to Ministry of Agriculture and other related departments, China’s natural rubber consumption has surpassed US for the first time in 2001, becoming the first biggest consumption country and import country. Nowadays, China’s economy keeping growing, the production of main rubber products like tyre, rubber shoes are showing a high-level operation state, which promotes the whole rubber industry coming into a steady and fast developing stage. The number of domestic enterprises possessing a certain size has reached 3353, and the whole consumption income is about 266,834 million yuan, increasing by 24.44%.
Limited by natural conditions, China’s natural rubber plantation is mainly in Hainan, Yunnan, Guangzhou, Guangxi and Fujian. According to the data from Ministry of Agriculture, the output of domestic natural rubber is 538,000 tons, among which the output of Hainan and Yunnan together is 511,700 tons, nearly 95.12% of the whole domestic output. However, according to the Association of National Natural Rubber, the domestic consumption of natural rubber has reached about 2,130,000 tons, which shows the 75% domestic consumption is totally depends on import abroad--- a quite high foreign dependence.
In recent years since 2002, the import sum of China’s natural rubber retains a yearly increasing about 45.87%, and continually improving its previous records. In 2006, China imported natural rubber products about $3030 million, having increased by $1175 million compared with the year 2005, an increasing rate of 63.37%, 4.37 times of the import sum of the year 2002. The total amount of China’s import rubber products is keeping a steady increase in 4 years in a row. According to the latest data from the customs, China has spent $4426 million in importing rubber products from Jan. 2007 to Oct. 2007, increasing 8.67% compared with the same period of 2006.
China imports natural rubber products mainly from Thailand, Malaysia, Indonesia, Vietnam, India, etc. In 2006, China spent $1198 million in importing natural rubber products from Thailand. This sum is the biggest one among the whole nation’s import expenditure, nearly 39.54%. The natural rubber products imported from Malaysia cost $850 million, occupying the 2nd place, nearly 28.03%. And also China cost $680 million on importing from Indonesia, 3rd place, almost 22.45%. Therefore, Thailand, Malaysia, Indonesia are the mainest source countries for China to import natural rubber products. In 2006, China spent $2728 million in importing natural rubber products from these three countries, occupying almost 90.02% among the total import sum.
Among domestic natural rubber products consumption market, tyres occupy a leading place, and 80% natural rubber is used for tyre-making industry. According to the information provided by China Rubber Industry Association, today China’s tyre market has the fastest increasing speed in the world, whose market scale is worth $8000 million, almost 9% portion of world tyre market.
Today, domestic automotive industry develops fast, international tyre tycoons invest more, consumption tax of diagonal tyre falls off, and the nation has issued encouragement policies. Therefore, the demands for imported rubber products, which are made mainly by natural rubber, would be increasing fast in quite a long time in future. Natural rubber has already become China’s tight strategic source. The domestic self supply of natural rubber has declined down to 1/3 strategic security line. Analysizing China’s rubber products current situation, domestic natural rubber could not gain a sudden increasing output in a short period because of the limitation of plantation conditions. The rise rate is expected to be 1.5%-2.5%, and the output in 2010 could be 780,000 tons. There is still a far distance for self supply to catch up with domestic fast increase and we can only solve this problem by enlarging importing rubber products abroad. Therefore, we estimate that the natural rubber import would be keeping an annual increase rate of 10%-16% from 2007 to 2010.
In 2003, Commerce Department and National Maritime Customs Administration together issued No.63 Announcement which said the import quota permit managements of natural rubber and autotyres were cancelled. From that on, China’s import quota management of natural rubber were all cancelled and trade could be done freely if only it agree with relevant inspection and quarantine act. Currently, importing rubber products is in fully free competition situation on Chinese market, besides strengthing import monitor and carrying out automatic import permit for natural rubber products.

CONTENT
CHAPTER 1 GENERAL SITUATION 1
1.1 GENERAL SITUATION OF CHINA’S RUBBER PRODUCTS MARKET 1
1.1.1 Definition Of Products 1
1.1.2 General Situation Of China Current Macroscopic Economy 2
1.1.3 General Situation Of Current China Rubber Products Market 4
1.2 ANALYSIS ON THE CHARACTERISTICS OF CHINA RUBBER PRODUCTS MARKET 7
CHAPTER 2 MARKET SITUATION 11
2.1 THE DEVELOPING TREND OF CHINA RUBBER PRODUCTS MARKET 11
2.1.1 Domestic Consuming Tendency 12
2.1.2 Export Trade Trends 12
2.1.3 Environmental Protection 13
2.1.4 Tariff Adjustment Trend 13
2.1.5 International Non-Tariff Barriers 14
2.2 CHINA RUBBER PRODUCTS MARKET OUTLOOK 15
2.2.1 Analysis On China's Domestic Production Of Rubber Products 15
2.2.2 Analysis Of The Demand For Imports Of Rubber Products 17
2.2.3 China Rubber Products Market Potential Analysis 20
Analysis On Major Breakdown Products Consumption Potential 20
Analysis On Favorable Factors Related To Macroeconomic 22
2.3 CHINA RUBBER PRODUCT SEGMENTS OUTLINED 24
2.3.1 Subdivision Of Major Natural Rubber Production Origin 24
2.3.2 Rubber Products Sub-Main Origin 26
2.4 THE CONSUMPTION STRUCTURE, BEHAVIOR AND PURCHASING POWER ANALYSIS 28
2.4.1 Analysis On Natural Rubber Consumption Varieties 28
2.4.2 Regional Consumption Of Natural Rubber Analysis 29
2.4.3 Analysis On The Application Field Of Natural Rubber 30
2.4.4 Analysis On Consumption Behavior Of Natural Rubber 31
2.4.5 The Perception And The Cycle Of The Consumer's Reference 32
2.5 ANALYSIS ON SALES CYCLE OF CHINA RUBBER PRODUCTS 33
2.5.1 The Influence Of The Seasonal Production Of Natural Rubber. 33
2.5.2 The Influence Of The Prices Of Synthetic Rubber 34
2.5.3 The Influence Of Consumption On Festivals And Holidays 35
2.6 ANALYSIS ON MAIN VARIETIES OF CHINA RUBBER PRODUCTS 36
2.6.1 Natural Rubber 36
2.6.2 Rubber Products 38
CHAPTER 3 TRADE SITUATION 45
3.1 ANALYSIS OF TREND OF CHINA IMPORT OF RUBBER PRODUCTS IN RECENT FIVE YEARS 45
3.1.1 Analysis On Trend Of Import Rubber Products 45
3.1.2 Analysis On Import Trend Of Subdivided Rubber Products 47
Analysis On Trend Of Subdivided Rubber Products 47
Analysis On The Change In The Import Of Rubber Products In Recent Years (HS Code: 4008-4016) 49
Analysis On The Change In The Import Of Hard Rubber And Products Of In Recent Years (HS Code:4017) 50
3.1.3 Analysis On The Main Domestic Flow Directions Of China Imported Rubber Products 51
3.2 INTRODUCTION TO THE MAIN ORIGINS OF CHINA IMPORTED RUBBER PRODUCTS 54
3.2.1 Analysis On The Top Ten Origins By China Imported Value On Natural Rubber Products 54
3.2.2 Analysis On The Top Ten Origins By China Imported Value On Rubber Products 57
3.2.3 Analysis On The Top Ten Origins By China Imported Value On Hard Rubber And Products Of 59
3.3 ANALYSIS ON THE ENTRY INTO CHINA RUBBER PRODUCTS MARKET 61
3.3.1 The Quick Development Of Automobile Industry Enlarges The Market Capacity For Rubber Products For Automobiles And Thus Increasing The Demand For Imported Rubber Products 61
3.3.2 International Leading Tyre Companies Have Increased The Investment On China Market, Heightened The Production And The Demand For Imported Natural Rubber Is Very Strong 62
3.3.3 The Reduction Of The Consumption Tax On Radial Tyres; The Production Of Domestic Enterprises Is Further Enlarged And The Demand For Natural Rubber Keeps Increasing 63
3.3.4 The Appreciation Of RMB Improve The Rate Of Quality To Price Of Imported Rubber Products 64
3.3.5 The National Policies Encourage The New Mode Of International Cooperation In Rubber Industry 64
3.3.6 The Adjustment Of Export Refund May Have A Certain Influence On Domestic Consumption Of Natural Rubber 65
3.3.7 Conclusion 66
3.4 INTRODUCTION TO THE RELATIVE IMPORT REGULATIONS OF CHINA ON RUBBER PRODUCTS 66
3.4.1 Relative Laws And Regulations 66
3.4.2 On The Important Points Of Relative Laws And Regulations 67
3.5 ANALYSIS ON CHINA EXPORT CHANGES OF RUBBER PRODUCTS IN RECENT FIVE YEARS 72
3.5.1 Analysis On The Changes Of Export Of China Rubber Products 72
3.5.2 Main Destinations Of China Exported Rubber Products 74
CHAPTER 4 TRADE STRUCTURE 77
4.1 INTRODUCTION TO THE SALES CHANNELS OF RUBBER PRODUCTS IN CHINA 77
4.2 ANALYSIS ON CHINA RUBBER PRODUCTS INDUSTRY POLICY 81
CHAPTER 5 ANALYSIS ON MARKET ENTRY BARRIERS IN CHINA 86
5.1 ANALYSIS ON THE NON-TARIFF CONTROL OF SELLING RUBBER PRODUCTS IN CHINA 86
5.1.1 Introduction To The Relative Standard And Inspection System Of Rubber Products 86
Relative Inspection System 86
Analysis Of Inspection Standards 91
5.1.2 Relative Compulsory Standards Of The State On Rubber Products 95
5.1.3 Analysis On Requirements Of Environmental Protection, Safety And Health Protection 98
On Comprehensive Use Of Resources 98
On Pollution Prevention And Treatment 99
On Products Production And Market Supervision 100
5.1.4 Requirements On The Packaging Of Rubber Products 102
5.1.5 Related Agency In The Sector Of The Natural Rubber Product In China 105
5.2 ANALYSIS ON THE TARIFF AND IMPORT QUOTA LIMITATION 106
5.2.1 Analysis On Import Tariff 106
5.2.2 Analysis On Import Quota Limitation 107
CHAPTER 6 LIST OF IMPORTERS 109
APPENDIX 114
APPENDIX 1. ABOVE SCALE ENTERPRISES ON RADIAL TYRES 114
APPENDIX 2. THE DETAILED IMPORT DUTY RATES OF EVERY SUBDIVIDED PRODUCT 116
REFERENCE 124
TABLE CONTENT
TABLE 1 RUBBER PRODUCTS CATEGORY 1
TABLE 2 RELATED INDEXES OF CHINA RUBBER INDUSTRY 4
TABLE 3 THE COMPLETION CHART OF THE MAIN RUBBER PRODUCTS 16
TABLE 4 2006 THE IMPORT VOLUME AND PERCENTAGE OF MAIN IMPORTING ORIGIN COUNTRIES(UNIT: USD) 19
TABLE 5 2006 TRADE WAYS AND THE SHARE OF TRADE OF CHINA'S NATURAL RUBBER PRODUCTS IMPORTS (UNIT: USD) 19
TABLE 6 RANK OF CITIES AND PROVINCES WITH THE MOST ABOVE-SCALED MANUFACTURERS IN RUBBER INDUSTRY IN CHINA IN 2006 30
TABLE 7 THE REPRESENTATIVE ENTERPRISES OF CHINA’S NATURAL RUBBER USERS 32
TABLE 8 2005 CHINA'S TIRE SALES RANKED IN THE TOP TEN ENTERPRISES (UNIT: HUNDRED MILLION YUAN) 40
TABLE 9 TOP TEN ENTERPRISES IN PRODUCTION OF CHINA CYCLE INNER AND OUTER TUBES IN 2005 (UNIT: 10 THOUSAND) 41
TABLE 10 RANK OF TOP TEN ENTERPRISES IN PRODUCTION OF CHINA CYCLE INNER AND OUTER TUBES IN 2005 (UNIT: 10 THOUSAND) 41
TABLE 11 TOP TEN ENTERPRISES IN CHINA RUBBER SHOES PRODUCTION IN 2005 (UNIT: TEN THOUSAND) 42
TABLE 12 THE IMPORT VALUE AND GROWTH RATE OF RUBBER PRODUCTS IN 2002-2006 (UNIT: USD) 47
TABLE 13 THE SUM AND GROWTH RATE OF THE VALUE OF CHINA IMPORTED NATURAL RUBBER PRODUCTS IN 2002-2006 (UNIT: USD) 48
TABLE 14 THE SUM AND GROWTH RATE OF THE VALUE OF CHINA IMPORTED RUBBER PRODUCTS IN 2002-2006 (UNIT: USD) 50
TABLE 15 THE SUM AND GROWTH RATE OF THE VALUE OF CHINA IMPORTED HARD RUBBER AND PRODUCTS OF IN 2002-2006 (UNIT: USD) 51
TABLE 16 DESTINATIONS WITH THE HIGHEST IMPORT VALUE OF CHINA IMPORTED RUBBER PRODUCTS IN 2006, THE IMPORT VALUE AND GROWTH RATE IN THE PAST YEARS (UNIT: USD) 53
TABLE 17 TOP TEN ORIGINS BY CHINA IMPORTED VALUE ON NATURAL RUBBER PRODUCTS IN 2006 AND THE ANNUAL GROWTH RATE IN THE PAST YEARS (UNIT: USD) 56
TABLE 18 TOP TEN ORIGINS BY CHINA IMPORTED VALUE ON RUBBER PRODUCTS IN 2006 AND THE ANNUAL GROWTH RATE IN THE PAST YEARS (UNIT: USD) 59
TABLE 19 TOP TEN ORIGINS BY CHINA IMPORTED VALUE ON HARD RUBBER AND PRODUCTS OF IN 2006 AND THE ANNUAL GROWTH RATE IN THE PAST YEARS (UNIT: USD) 61
TABLE 20 KEY INDICATORS OF TYRE PRODUCTS CERTIFICATION 70
TABLE 21 VALUE AND GROWTH RATE OF CHINA EXPORTED RUBBER PRODUCTS IN 2002 TO 2006 75
TABLE 22 EXPORTED VALUE OF SUBDIVIDED RUBBER PRODUCTS 75
TABLE 23 RANKS OF MAIN DESTINATIONS OF CHINA EXPORTED RUBBER PRODUCTS IN 2006 (BY EXPORT VALUE) 76
TABLE 24 TOP TEN DESTINATIONS OF CHINA EXPORTED RUBBER PRODUCTS IN 2006 AND THE ANNUAL GROWTH RATE IN THE PAST YEARS (BY EXPORT VALUE, UNIT: USD) 76
TABLE 25 CATEGORY OF RUBBER PRODUCTS UNDER COMPULSORY INSPECTION 88
TABLE 26 CATEGORY OF RUBBER PRODUCTS UNDER COMPULSORY ACCREDITATION 89
TABLE 27 CATEGORY OF RUBBER PRODUCTS UNDER AUTOMATIC IMPORT PERMIT MANAGEMENT 90
TABLE 28 QUALITY SPECIFICATIONS OF IMPORTED NATURAL RUBBER OF TECHNOLOGIC CLASSIFICATION 93
TABLE 29 QUALITY SPECIFICATIONS OF IMPORTED NATURAL RUBBER LATEX 95
TABLE 30 RELATIVE COMPULSORY STANDARDS OF THE STATE ON RUBBER PRODUCTS 96
FIGURE CONTENT
FIGURE 1 2006 STRUCTURE OF CHINA'S IMPORTED NATURAL RUBBER (BASED ON IMPORT VOLUME DIVISIONS) 18
FIGURE 2 2006 CHINA'S NATURAL RUBBER PRODUCTION ORIGIN SUBDIVISION 24
FIGURE 3 2006 CHINA'S RUBBER PRODUCTION ABOVE-SCALE ENTERPRISES SALES BREAKDOWN 26
FIGURE 4 PROPORTION THE SALES OF ABOVE-SCALED ENTERPRISES IN SUBDIVIDED INDUSTRIES OF RUBBER TAKE UP IN THE TOTAL SALES AMOUNT IN THE WHOLE INDUSTRY IN CHINA IN 2006 38
FIGURE 5 THE TREND OF IMPORT VALUE OF CHINA IMPORT RUBBER PRODUCTS IN 2002-2006 (UNIT:USD) 45
FIGURE 6 PROPORTION OF EACH SUBDIVIDED RUBBER PRODUCT IN IMPORTATION IN 2006 (UNIT: USD) 46
FIGURE 7 CHANGE OF IMPORT VALUE OF NATURAL RUBBER IN 2002 TO 2006 (UNIT: USD) 47
FIGURE 8 THE CHANGE OF IMPORT VALUE OF RUBBER PRODUCTS IN 2002-2006 (UNIT: USD) 49
FIGURE 9 THE VALUE CHANGE OF HARD RUBBER AND PRODUCTS OF IN 2002-2006 (UNIT: USD) 50
FIGURE 10 TOP 10 DESTINATIONS WITH THE HIGHEST VALUE OF CHINA IMPORTED RUBBER PRODUCTS IN 2006 51
FIGURE 11 TREND OF THE IMPORT VALUE OF CHINA IMPORTED RUBBER PRODUCTS IN MAIN DESTINATIONS IN THE PAST YEARS (UNIT: %) 52
FIGURE 12 TOP TEN ORIGINS BY CHINA IMPORTED VALUE ON NATURAL RUBBER PRODUCTS IN 2006 54
FIGURE 13 TREND OF MAIN ORIGINS BY CHINA IMPORTED VALUE ON NATURAL RUBBER PRODUCTS (UNIT: %) 54
FIGURE 14 TOP TEN ORIGINS BY CHINA IMPORTED VALUE ON RUBBER PRODUCTS IN 2006 57
FIGURE 15 TREND OF MAIN ORIGINS BY CHINA IMPORTED VALUE ON RUBBER PRODUCTS (UNIT: %) 57
FIGURE 16 TOP TEN ORIGINS BY CHINA IMPORTED VALUE ON HARD RUBBER AND PRODUCTS OF IN 2006 59
FIGURE 17 TREND OF MAIN ORIGINS BY CHINA IMPORTED VALUE ON HARD RUBBER AND PRODUCTS OF IN THE PAST YEARS (UNIT: %) 59
FIGURE 18 CHANGES OF VALUE OF CHINA EXPORTED RUBBER PRODUCTS IN 2002-2006 72
FIGURE 19 THE EXPORT PROPORTIONS THAT SUBDIVIDED RUBBER PRODUCTS TAKE UP IN 2006 (UNIT: USD) 73
FIGURE 20 TOP TEN DESTINATIONS OF CHINA EXPORTED RUBBER PRODUCTS (BY EXPORT VALUE) 74
FIGURE 21 FLOW CHART OF CHINA’S NATURAL RUBBER TRADE 79
FIGURE 22 PRICE SYSTEM OF CHINA’S NATURAL RUBBER 81
FIGURE 23 PROCESS FLOW OF IMPORT RUBBER PRODUCTS 89