From: Prospective Industry Research Institute

major listed companies in the industry: eston (002747.SZ), robot (300024.SZ), efte (688165.SH), kelda (688255.SH), risong technology (688090.SH), sanfeng intelligence (300276.SZ), huaheng shares (833444.OC)

The core data of this article: total import and export of welding robots; total import and export of welding robots

Fluctuations in total import and export trade of welding robots

From the perspective of China's total import and export of welding robots, 2019-2023 showed a trend of first decline and then increase. In 2022, the total import and export trade of welding robots nationwide exceeded US $70 million, a year-on-year increase of more than 50%. Cumulative year-on-year growth of about 2% in January-November 2023.

Welding robot import market volatility decline

Data from the General Administration of Customs of China show that in 2017-2021, affected by the new crown epidemic, the international macroeconomic and trade situation and other factors, the total import volume of the welding robot industry declined year by year, and the decline rate in 2020-2021 was more than 20%, and the total import volume of China's welding robot industry rebounded to more than US $20 million in 2022. From January to November 2023, the total import volume of China's welding robot industry exceeded 10 million US dollars, lower than the same period in 2022.

From the perspective of trade volume, from 2019 to 2022, the total import trade of welding robots in China fluctuates. In 2021, the total import volume of China's welding robot industry fell to less than 100 units, and rebounded in 2022. From January to November 2023, the total import volume of China's welding robot industry exceeded 100 units.

The total export trade of welding robots exceeds US $0.6 billion

Data from the General Administration of Customs of China show that in 2020, affected by the new crown epidemic, the international macroeconomic and trade situation and other factors, the total export volume of the welding robot industry declined significantly, and began to pick up year by year in 2021, with the total export volume of China's welding robot industry exceeding US $50 million in 2022, an increase of more than 50% year-on-year. From January to November 2023, the total export volume of China's welding robot industry exceeded 60 million US dollars.

In terms of trade volume, the export trade volume of welding robots fluctuated greatly from 2019 to 2022. In 2022, the total export volume of China's welding robot industry will exceed 70000 units, and the total export volume of China's welding robot industry will exceed 10000 units from January to November 2023.

The balance of trade will be reversed from 2021

From the trade balance, from 2021 onwards, the foreign trade of domestic welding robots will be reversed, and the trade surplus will continue to expand from 2022 to 2023. From January to November 2023, the trade surplus of the national welding robot industry exceeded 50 million US dollars.

For more research and analysis of this industry, please refer to the Prospective Industry Research Institute's "Analysis Report on the Development Prospects and Investment Strategic Planning of the Global and Chinese Welding Robot Industry".

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