China Metal Thread & Rope Industry

An Expert's View about Sourcing in China

Last updated: 19 Jul 2011

China Metal Thread & Rope Industry Research and Statistics

Jiangsu province has most leading metal thread & rope enterprises, and among all top 100 large metal thread & rope enterprises across China, 20 are located in Jiangsu. According to China Metal Thread & Rope Industry Profile - the industry research report issued by Zeefer Consulting, Jiangsu, Zhejiang and Hebei are the major production bases for metal thread & rope industry in China. Shandong, Tianjin, Guangdong, Liaoning, Shanghai, Anhui and Henan are the secondary distribution areas for this industry.

In terms of market size, in 2009, metal thread & rope enterprises above designated size achieved a sales revenue of more than USD 15 billion. Jiangsu, Zhejiang and Tianjin ranked top 3 in terms of sales revenue, enterprises in these regions engaged in metal thread & rope production achieved a sales revenue of more than USD 10 billion. in all, taking a share of more than 50% of the gross sales revenue from above designated size metal thread & rope enterprises across China. On an annual average, total employees in metal thread & rope industry exceeded 190,000, an increase of more than 5% on a year-on-year basis. The total export delivery value exceeded USD 1 billion, a decline of about 40% on a year-on-year basis.

In terms of industry-wide profit, in 2009, profits of enterprises above designated size in metal thread & rope industry added up to more than USD 850 million, a growth of more than 20% on a year-on-year basis. The averaged profit margin of enterprises in metal thread & rope industry was higher than 4%. A total of more than 200 enterprises suffered a loss, and the total loss of these enterprises amounted to more than USD 60 million.

In terms of market position of foreign enterprises in China, in 2009, sales revenue from foreign enterprises engaged in metal thread & rope production in China added up to more than USD 3 billion, taking a share of more than 15% of the gross sales revenue from metal thread & rope enterprises across China. Foreign enterprises in China metal thread & rope industry achieved a ratio of return on sales of more than 6%, higher than the industry average.

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Full content of China Metal Thread & Rope Industry Analysis:

http://www.allchinareports.com/china-metal-industry/other-metal-products-industry-analysis/china-metal-thread-rope-industry-research-and-statistics.html

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The analyses above are extracted from the industry report: China Metal Thread & Rope Industry Profile
 


Posted: 18 July 2011, last updated 19 July 2011

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