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Chinese Market |
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January 2018 ] |
Thailand has had a long-term relationship with China in terms of
trade, investment and tourism; especially Thai exports of natural rubber to
China have continually expanded as China is the world’s biggest tire producer. In
2016, China produced 487.8 million car tires and 92 million truck tires,
accounting for 29% and 48% of world tire production respectively, data from
LMC. China’s consumption demand of natural rubber is consequently highest in
the world for tire manufacture. In 2016, China consumed 4.86 million tons,
accounting for 38.63 % of the world total consumption (12.587 million tons) and
imported 4.55 million tons of natural rubber, accounting for 40.76 % of the
world total imports. Thailand is China’s biggest NR source of imports (2.27
million tons), followed by Vietnam (756,800 tons), Malaysia (669,400 tons) and
Indonesia (368,900 tons) data from IRSG. Although China is one of NR producing
countries, its output is very low. In 2016, China produced only 774,000 tons of
NR. Rubber plantations are found in the Autonomous Dai Prefecture of
Xishuangbanna, which covers the area of 20,000 square kilometers, out of which
20% in used for rubber plantation. Other crops are tea, sugarcane and banana.
NR consumption demand in China grows continuously due to 2 main factors.
Chinese car industry is of big scale and quick expansion. China reached 28.02
million car sales in 2016 and 28.59 in 2017 respectively. Car industry consumes
a significant amount of NR. Another factor is that Chinese industries are of
fast growth and variety. There are 107 industries in all provinces.
The above data suggests that China’s potential and growth has
positive impact on the economy of ASEAN, especially on rubber industry.
Therefore, it is necessary that Thai government and private sector promote
trade and investment and international relation with China. In this regard,
China Rubber Industry Association (CRIA), which is one of the leading rubber
organizations of China, is to organize China Rubber Conference & China
Rubber Expo 2018, featuring tyre and non-tyre products as well as rubber
materials during 27-30 March 2018 at Shangri-La Hotel, Qingdao, China. Mr.
Supadetch Ongsakul, TRA Deputy Secretary General was invited to participate as
a speaker in a rubber forum to be held on 29 March 2018. The Thai Rubber
Association is pleased to cooperate with China Rubber Industry Association for
the mutual sustainable development of rubber industry of Thailand and China. I
take this opportunity to invite interested parties to attend China Rubber
Conference & China Rubber Expo 2018. Details can be fetched at
www.criaevents.com
On the occasion of Chinese Lunar New Year 2018, I
extend to you and your family our warmest greetings, wishing you a happy
Chinese Lunar New Year, your career greater success, your family happiness and
your perfect health and lasting prosperity. Xīn Nián
Kuài Lè (新年快乐)
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Mr. Chaiyos Sincharoenkul
PRESIDENT |
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