China Tractor Industry Analysis

An Expert's View about Sourcing in China

Last updated: 21 Jul 2011

China Tractor Industry Analysis

Zhejiang, Shandong, Tianjin and Heilongjiang are the major production bases for tractor industry in China, according to China Tractor Industry Profile - the industry research report issued by Zeefer Consulting. Shandong has most leading tractor enterprises, and among all top 100 large tractor enterprises across China, 22 are located in Shandong. Jiangsu, Liaoning, Henan, Guangxi, Sichuan and Yunnan are the secondary distribution areas for this industry.

In terms of market size, in 2009, tractor enterprises above designated size achieved a sales revenue of more than USD 5 billion. Henan, Shandong and Zhejiang ranked top 3 in terms of sales revenue, enterprises in these regions engaged in tractor production achieved a sales revenue of more than USD 3 billion. in all, taking a share of more than 60% of the gross sales revenue from above designated size tractor enterprises across China. Total assets of enterprises inside tractor industry exceeded USD 3 billion, a rise of more than 1% on a year-on-year basis. The total number of enterprises above designated size in tractor industry was more than 200, a rise of more than 4% on a year-on-year basis.

In terms of industry-wide profit, in 2009, profits of enterprises above designated size in tractor industry added up to more than USD 100 million, a growth of more than 70% on a year-on-year basis. The averaged profit margin of enterprises in tractor industry was higher than 2%. On average, the ratio of return on net assets in tractor industry was higher than 8%.

In terms of market position of foreign enterprises in China, in 2009, there were 8 foreign enterprises above designated size engaged in tractor production in China, accounting for more than 3% of all tractor enterprises across China. Foreign enterprises in China tractor industry achieved a ratio of return on net assets of more than 2%, lower than the industry average.

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Full content of China Tractor Industry Analysis:

http://www.allchinareports.com/china-agricultural-machinery-industry/tractor-industry-analysis/china-tractor-industry-analysis.html

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The analyses above are extracted from the industry report: China Tractor Industry Profile
 


Posted: 20 July 2011, last updated 21 July 2011

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