Japan's rubber industry showed strong performance in the first three quarters

- Dec 03, 2018-

Recently, the Japanese rubber enterprises have published their financial reports of the first three quarters of the results, the relevant research institutions concluded that the Japanese rubber industry in the first three quarters of the product output and sales revenue are on the rise, a strong performance.

According to METI data, the total shipping revenue of Japan's rubber industry in the first three quarters of this year was 15.14 billion us dollars (about 105.22 billion yuan), an increase of 4.8% compared with the same period last year. The total production of automobile tires was 109.97 million pieces, an increase of 1.4%, and the total sales revenue was 7.84 billion us dollars (54.488 billion yuan), an increase of 6.9%.

According to our understanding, during the reporting period, Japan's rubber belt production reached 16,200 tons, down 0.6%, with sales revenue of 458 million us dollars, up 2.2%.Among them, the output of conveyor belt increased by 0.9%, while the output of other belts decreased year on year;Conveyor belt income increased by 8.9%, toothed belt increased by 0.2%, and other types decreased by 0.4%.

At the same time, the output of rubber hose is 28,600 tons, an increase of 4.9%, the market output value is 936 million us dollars, an increase of 3.4%, the output of all types of rubber hose are increased year on year, including high pressure hose demand for the most prosperous growth of 22.6%;Revenues for all major categories of hoses increased, with high-pressure hoses up 8.2% and automotive hoses up 3.2 %.