Japanese tire production and sales fell sharply

It is reported that since 2008, the production of Japanese automotive tires has shown a significant decline. The data show that in 2008, the output was 168.72 billion, which was 3.25% lower than the 1.857 billion in 2007; the output in 2012 was 159.252 billion, which was 13.9% lower than in 2007, and the decline rate was more obvious.

In addition, relevant data shows that the proportion of Japanese tire exports fell from 45% in 2010 to 35% in 2012. Industry insiders believe that the decline in tire production and sales in Japan is caused by the sluggish auto industry.

It is understood that the financial crisis has led to a decline in the economic growth of various countries and a corresponding decline in tire demand, especially for truck tires. According to the analysis of the above industry, there are two main reasons for the decline of truck tires.

First of all, the sharp drop in exports, the outbreak of the financial crisis, the weakening of overseas consumption, the rapid decline in exports of various countries, logistics demand has also been significantly reduced, resulting in a corresponding reduction in market demand for truck tires; Second, the mining industry shrinks, this is the financial crisis Affected, overseas demand for various raw materials has been greatly reduced; in addition, many mines have been closed due to safety accidents and environmental problems. The reduction in demand for mineral transport also directly affects the demand for truck tires.

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