Big Bearing from China showed in the international cement technology and equipment exhibition

April 1, the Tenth China International cement technology and equipment exhibition opened in Beijing Exhibition Center. The photo shows the team of entrepreneurs from Brazil at 4 tons of "cement Spherical Roller Bearing," before the camera separately, posed for pictures. The technician said that Chinese enterprises, in the current world financial crisis, sales of such bearings is to use the yuan as a monetary settlement.

The 10th China International Cement Industry Exhibition

Venue: Beijing Exhibition Center
Date: 1 - 3 April 2009
Organizer: China Cement Association
Tel: +86 (0)10 8837 5528

Briefing:
As the largest cement industry expo in China, the objective of the vent is to facilitate the development of China's cement industry and to promote fair exchange and competition within the industry. The event is intended to provide a cooperative platform for domestic and international enterprizes to establish relations with customers.

7 CANDIDATES OF CHINA FAMOUS BEARING ENTERPRISE LIST

According to aggregation from CBIA(China Bearing Industrial Association), 7 bearing enterpirses hit practical for connexion the China Famous Enterprise List. The enterprises included ZWZ, LYC, HRB, C&U, Wanxiang, TMB(TianMa Bearing Co.,Ltd) and IB (Shaoguan Dongnan Bearing Co.,Ltd).

China 2008 Bearing Exports Report

The government of China, General Administration of Customs, via the state-controlled Xinhua news, has released data covering its exports of all types of bearings, for December 2008 and the full year.

China's state-volunteered export data is notoriously inaccurate, tending to dramatically understate both the quantity and value. Although the specific numbers may be suspect, the data does offer insight to general trends in volume, growth, and pricing which have proven valuable in terms of general industry analysis.

Export data for December 2008
QTY 218,770,000 bearings
total value USD $155.1 million
average value USD $0.709

Compared to November 2008
count 197,430,000 bearings
total value USD $153.5 million
average value USD $0.777

Compared to October 2008
QTY 258,040,000 bearings
total value USD $176.6 million
average value USD $0.684

Compared to September 2008
QTY 280,630,000 bearings
total value USD $195.3 million
average value USD $0.695

As the export data indicates, the global economic slowdown is having a strong impact on bearing manufacturers in China, masked somewhat by seasonality in the raw numbers. There are also numerous reports that year-end data is subject to many government "adjustments" needed to show production met levels indicated by the central planners.

Although there is some seasonality apparent in the bearing export data supplied, China's bearing exports are clearly dropping more sharply than in previous years.

July 324 million bearings
August 312 million
September 281 million
October 258 million
November 197 million
December 219 million


Calendar year 2008

2008 exports 3.349 billion bearings
2007 exports 3.265 billion bearings

2008 export value $2.06 billion
2007 export value $1.55 billion


The most telling numbers, however, are eBearing.com's own rolling year-on-year figures for export growth. As 2008 wore on, we calculate China's bearing industry -- almost completely dependent upon exports -- suffered a dramatic slowdown which is reflected in the year-on-year growth rate from 2007:

through June 15%
through July 14%
through August 13%
through September 11%
through October 10%
through November 5.5%
through December year-end 2.6% $0.709

China Details Bearing Exports for September 2008

The government of China, General Administration of Customs, via the state-controlled Xinhua news, has released data covering its exports of all types of bearings, for July 2008.

China's state-volunteered export data is notoriously inaccurate, tending to dramatically understate both the quantity and value. Although the specific numbers may be suspect, the data does offer insight to general trends in volume, growth, and pricing which have proven valuable in terms of general industry analysis.

Export data for September 2008 :

280,630,000 bearings
total value : USD $195.3 million
average value : USD $0.695 each

Contrary to most popular opinion, the global economic slowdown is clearly affecting bearing manufacturers in China.

Although there is some seasonality apparent in the bearing export data supplied, China's third quarter bearing exports have dropped more sharply than in previous years. July reported 324 million bearings, August was 312 million, and now September comes in under 281 million.

July and August were well above their 2007 counterparts, but September is lower than 2007.

For the calendar year through September, China said it has exported just under 2.8 billion bearings, valued at $1.57 billion -- up from 2.4 billion in 2007 worth $1.12 billion.

Even with the slowdown, total bearing exports should be up at least 11% overall for 2008 from 2007.