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Industry Analysis

LOCATION:HOME - NEWS - Industry Analysis

China Concrete Mixer (HS:84743100) Latest Foreign Trade Analysis

Issuing time:2023-08-11 Author:Alisa Back to list

         China is one of the world's largest producers of concrete mixers (HS: 84743100), and its exports of concrete mixer products are substantial. According to customs data, it can be observed that in recent years, the export value and quantity of Chinese concrete mixers (HS: 84743100) have shown a steady annual increase. The year 2022 marked a peak in both export value and quantity, reaching $279 million USD and 801,300 units respectively. The export value saw an increase of around 21% compared to 2018.

        Although there was a decline in both export value and quantity in 2023, with figures of $144 million USD and 397,300 units respectively, it should be noted that this only reflects the export situation for the first half of 2023.

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Notes:Annual Summary

        Chinese concrete mixers are primarily exported to various countries and regions including Asia, Africa, Europe, and Latin America. Among these, the Asian region stands out as the main market for China's concrete mixer exports, particularly in Southeast Asia and South Asia countries. Chinese concrete mixers, known for their cost-effectiveness and reliable quality, have gained popularity among users in many countries.

         Furthermore, China's involvement in projects within Central Africa encompasses a wide range of fields, including infrastructure and engineering construction. Concrete mixers, as crucial foundational equipment, play an important role in these collaborations. As the cooperation between China and African countries deepens, the Chinese concrete mixer industry has the opportunity to expand its exports to the African market. This expansion can contribute to fostering infrastructure development and economic growth in African nations.

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Notes:Market share

          In the Chinese concrete mixer market, apart from substantial exports, there is also a certain amount of imports. Some specialized models or high-quality concrete mixers may need to be imported from abroad. Additionally, with the continuous development of construction projects and infrastructure in China, there is a growing demand for advanced and high-end concrete mixer equipment. As a result, the import market for concrete mixers has also grown to a certain extent.

         In general, China's concrete mixer industry possesses a certain level of competitiveness in the international market, and its export volume is substantial. With the advancement of the "Belt and Road" initiative, there is a growing demand for Chinese concrete mixer products in countries and regions along the route. However, competition in the international market is intensifying. As a result, Chinese concrete mixer enterprises need to continue enhancing product quality and service standards, seeking innovation and upgrades to maintain their competitive edge.

GTD can provide customs data for import and export from over 80 countries since 2010. We have the capability to analyze import-export market distribution, detailed transaction information of import-export companies, specific quantity-price analysis, and supply cycles online.

GTD is a professional company specializing in customs data, providing reliable data for major foreign trade enterprises and industry consulting companies.