According to statistics from Qingdao Customs, in August 2018, Shandong Port exported 21.245 million new pneumatic rubber tires, a year-on-year increase of 2.9; the total export value was 5.37 billion yuan, an increase of 4.4; the average export price was 252.8 yuan each, an increase of 1.4.%.
The main characteristics of Shandong port tire export in August this year
(I) export volume fluctuated to the second highest during the year, and the average export price remained high.
Affected by the Spring Festival in February this year, the export volume of tires at Shandong Port fell to the lowest point of the year, and has fluctuated since then. The export volume in July was the highest value of the year, and the export volume in August decreased slightly by 4.5 from the previous month. The monthly average export price hit a new high since January 2015 in March, fluctuated continuously in April and May, remained high after rebounding in June, and the average export price rose slightly by 0.8 month-on-month in August.
(II) processing trade export-oriented, general trade exports increased significantly.
In August, Shandong Port exported 13.244 million tires in the form of processing trade, a decrease of 18.6, accounting for 62.3 of the total tire exports at Shandong Port in the same period (the same below). during the same period, 7.695 million were exported in the form of general trade, an increase of 84.6 percent, accounting for 36.2 percent.
(III) private enterprises export more than 70%.
In August, private enterprises exported 15.959 million tires from Shandong port, an increase of 3.4, accounting for 75.1. During the same period, foreign-invested enterprises exported 3.251 million articles, a decrease of 9.4 per cent, accounting for 15.3 per cent, while state-owned enterprises exported 2.036 million articles, an increase of 25.3 per cent.
(IV) the European Union, the United States, Mexico, ASEAN and Brazil as the main export markets.
In August, Shandong Port exported 5.77 million tires to the EU, up 7.9 percent. Exports to the United States 1.933 million, up 6.9 percent; Exports to Mexico 1.122 million, up 45.2 percent; Exports to ASEAN 996000, down 1.4 percent; Exports to Brazil 701000, down 33.4 percent, accounting for 51.8 percent.
(V) motor passenger car tire exports accounted for more than 60%.
In August, Shandong Port exported 12.835 million motor passenger car tires, an increase of 3.1 percent, accounting for 60.4 percent. During the same period, 5.245 million passenger car or truck tires were exported, up 1.7 per cent; 1.66 million motorcycle tires were exported, up 11.5 per cent.
 
The main reason for the rise in tire export volume and price in August
The increase in demand for tires in traditional (I) export markets is superimposed on the continuous expansion of emerging markets, which promotes the steady growth of tire exports in Shandong Province.
The European Union is the largest tire export market at Shandong Port. Since 2018, the growth rate of new vehicles in the EU automobile market has increased significantly, which has increased the demand for tires. Data show that passenger car registrations in Europe rose 4.7 per cent in June from a year earlier, and new car sales in the EU rose 2.5 per cent in the first half of the year.
The overall recovery of the European car industry has benefited the tire manufacturing industry. The demand for tires in this region has been increasing year by year.
In August, Shandong port exports to the EU increased by 8.4, contributing 71% to the increase in tire exports at Shandong port. In addition, thanks to the "Belt and Road Initiative" initiative and the continuous development of international emerging markets, the diversified layout of the market has provided strong support for the increase of tire exports at Shandong ports.
In August, the export volume of tires from Shandong port to Saudi Arabia, Canada, Russia, Venezuela and other countries increased by 11.3, 30%, 14.8 and 1 times respectively.
(II), the rise in the price of carbon black-based raw materials has pushed up production costs and pushed the export price of tires at Shandong Port to remain high.
It is understood that since the second half of 2018, although the international rubber price tends to be stable, due to the intertwined influence of environmental protection, rectification, supervision, transportation restriction and other factors, the upstream coking enterprises have implemented some off-peak production, the coal tar market has maintained a high level of volatility under the support of production restriction, and the tire production cost remains high.
Data show that the price of carbon black in Shanxi, Hebei and other places has been raised collectively recently, with an increase of 200 yuan per ton, a range of more than 2%. In August, the average price of carbon black N330 in Shandong market was 7440 yuan/ton, up 14.5 percentage points year on year. The market quotation of carbon black is still at a high level.
In addition, the relevant additives production enterprises to limit production, stop production, domestic rubber additives supply continued to be tight, enterprise production costs increased. The prices of non-rubber tire raw materials such as carbon black and rubber additives remain high, which has become the main factor for the increase in the export price of tires at Shandong Port.