Analysis on the current situation of China's valve import and export trade in 2020

In 2020, due to the impact of the epidemic, the market competition in China's valve industry is fierce. At present, the scale of enterprises in the market is small, and small and medium-sized enterprises account for more than 90%. Most enterprises are backward in technology, mainly concentrated in the low-end market. This leads to the lack of competitiveness of China's valve products in the international market and the lack of research and development of medium and high-end products.

In China's current valve market, except that the low-pressure valve has reached the acceptable level in the international market, the high-pressure valve still depends on import. In the case of macroeconomic downturn and uncertain international trade form, the import and export volume of the industry fluctuated greatly. In 2018, the total import and export volume of the industry reached US $23.952 billion, and in 2019, the total import and export volume decreased slightly to US $23.385 billion, a year-on-year decrease of 2.37%.

The import volume and price of China's valve industry fell together, and international trade was challenged

In the past two years, affected by international trade frictions, the international demand for China's valve products has declined, and the international trade has been challenged to some extent. In this context, China's valve enterprises should improve product technology and quality, increase high-end product R & D technology, catch up with the international level as soon as possible and improve international competitiveness.

Shanghai pengchen pump valve Co., Ltd. specializes in manufacturing high-end V-shaped ball valve, O-shaped ball valve, eccentric hemisphere valve and other PetroChina valves, so as to make the company develop in harmony with society and make common progress between individuals and society.