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The eBearing News
December 8, 2004
China Previews Additional
2005 Bearing Demand Data
copyright © 2004 eBearing Inc.
The People's Republic of China has issued another round of partial estimates covering
domestic bearing production and demand in 2005.
In October, rudimentary estimates were issued, divided by application
• article: China estimates 2005 bearing demand
The latest additional data covers Chinese domestic demand for automotive-size and smaller
ball bearings. In that range, demand should reach 820 million bearings for 2005, of which 150 million
will be so-called electric motor quality (EMQ) ball bearings.
Domestic manufacturers are poised to export more than two thirds of their total production of
automotive-size and smaller ball bearings in 2005. The country's total production capacity for these
bearings -- by what most observers regard as wildly understated official estimates -- should
reach 1.7 billion in 2005. The vast majority of bearings sold for export are various styles of
unground, non-precision and semi-precision ball bearings.
In 2005 and through mid-2006, China will continue to transition its tariff schemes to meet its
obligations as a new World Trade Organization member. Along with mounting international pressure to
let the Yuan float, the Chinese government's actions should help open the door for foreign manufactured
goods, particularly high-precision, high-value items such as bearings.
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- by Bruce A. Carr
from individual research,
tips and commercial sources.
Unauthorized reproduction is prohibited.
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eBearing.com ... for everything that moves™
Entire contents Copyright 1999-2008, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered
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eBearing.com ... for everything that moves™
Entire contents Copyright © 1999-2008, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered trademarks of eBearing Inc.
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