The latest foreign trade exports of Chinese flanges (HS: 73072100, 73079100).
Flange, also known as Flange, is a connecting component that is usually used for the connection between pipes, valves, pumps, and other equipment to achieve the sealing and fastening of the system. The flange is connected to another flange or part with a flange by bolts, and a sealing gasket is placed in the middle to prevent the leakage of media (such as liquids, gases). According to the material, pressure level, connection method, surface treatment, etc., there are many types and standards of flanges, the common ones are carbon steel flanges, stainless steel flanges, alloy steel flanges, etc., as well as ANSI, DIN, JIS, GB and other international and regional standards.
As a widely used connector in the industrial field, flanges have a huge market demand around the world, especially in the petrochemical, energy, shipbuilding, construction, water treatment and other industries. As one of the world's largest manufacturing and exporting countries, China has a large number of flange producers, able to provide flange products of various specifications and materials from low, mid-end to high-end, with strong production capacity to meet the large demand worldwide.
According to customs data, from 2018 to 2023, the export value of Chinese flanges showed a trend of first rising and then decreasing, of which it peaked in 2022 (US$1427,806,195), and then decreased in 2023 (US$1214,033,505). In terms of export volumes, between 2018 and 2023, with the exception of a slight decline in 2021, there was an overall upward trend until it peaked in 2023 (502,102,141 kg). From January to April 2024, the total export volume decreased by 15.76% year-on-year, and the total export volume increased by 12.98% year-on-year.
Although the number of exports has increased from 2019 to 2022, the export value has not always increased simultaneously, indicating that the average export price of a single flange has fluctuated during this period, reflecting changes in cost, exchange rate, market supply and demand and other factors, of course, the global epidemic is also a very important factor.
The export market of Chinese flanges is widely distributed and diversified, mainly in Asia and Europe, followed by the Americas and Africa. Due to its geographical proximity and regional economic integration, its Asian neighbors are important export destinations for Chinese flanges. It mainly includes South Korea, Japan, Southeast Asian countries (such as Indonesia, Malaysia, Singapore, Thailand), and the Middle East (such as Saudi Arabia, the United Arab Emirates, Iraq), etc. The demand in these regions is mainly from the oil and gas, chemical, construction, and water treatment industries.
In the European market, especially Germany, the United Kingdom, Italy, the Netherlands, etc., as an industrially developed region, there is a stable demand for Chinese flanges, which are mainly used in machinery manufacturing, energy, automobiles and other fields. In the American market, the United States and Canada are important overseas markets for Chinese flanges, especially the United States, because of its large-scale industrial base and energy industry demand, the demand for flanges is large. Latin American countries such as Brazil and Mexico are also important export targets for Chinese flanges because of their abundant oil resources and infrastructure construction projects. However, with the acceleration of infrastructure construction and industrialization in African countries, countries such as South Africa and Nigeria have also begun to become emerging markets for China's flange exports.
It should be noted that different markets have different requirements for product specifications, materials, and standards (such as ANSI in the United States, DIN and ISO in Europe), so Chinese suppliers need to adjust and certify production according to the specific needs of the target market to meet the diverse needs of international customers. For more detailed foreign trade information, you need to pay attention to industry analysis reports or customs data at any time.
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