The Output Of China's Titanium Pipe Industry In 2020 Has Been Declining--II

Time:2021-06-02

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China's Titanium Pipe Industry Output in 2020 was 9488 Tons, and the Volume of Industry Imports Fell Again


3. Import and export trade Data 


Since 2018, the quantity of China's titanium pipe imports has been declining, the trend of domestic substitution is obvious. China's titanium pipe exports was 2,337.3 tons in 2020, down to 997 tons from 3,334.3 tons in 2019, and China's imports of titanium pipes was 697.5 tons by 2020, down to 917.6 tons from 1,615.1 tons in 2019. China's titanium pipe exports amounted to US$81.614 million in 2019 and imports amounted to US$39.609 million, while China's titanium pipe exports amounted to US$61.939 million and imports amounted to US$2.0424 million in 2020, according to the report on market competitiveness analysis and market demand potential of China's titanium pipe industry released by Zhi research consulting.  


China's main import country of titanium tubes is Japan, in 2020 China imported 643.7 tons of titanium tubes from Japan, accounting for 92.3% of the country's total imports; Imports of titanium tubes from South Korea amounted to 16.9 tons and imports amounted to US$662,000.  


China's titanium pipe exports are more extensive, mainly to Malaysia, South Korea, 2020 China titanium pipe exports to Malaysia 473.6 tons, the export value of 10.948 million U.S. dollars, exports to South Korea 393.2 tons, the export value of 8.528 million U.S. dollars.  


Jiangsu Province is China's largest export province of titanium pipe, in 2020 the number of titanium pipe exports in Jiangsu Province is 585.5 tons, accounting for 25% of the country's total exports; The export volume of titanium pipe in Liaoning Province was 487.2 tons, and the export amount was US$11.554 million.  


Shanghai is China's largest import of titanium pipe, in 2020 the import volume of titanium pipe in Shanghai is 420.7 tons, accounting for 60.3% of the country's total imports.


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