Issuing agency: China Association of the National Shipbuilding Industry
Column: run analysis
source: https://www.cansi.org.cn/cms/document/10198.html
According to customs statistics, in 2014, my country's ship export value was US$23.78 billion, a year-on-year decrease of 14.1%; the import value was US$1.25 billion, a year-on-year decrease of 37.1%; the total import and export volume was US$25.03 billion, a year-on-year decrease of 15.6%.
Statistics show that my country's ship exports in 2014 were the lowest since 2009. In 2009, my country's ship exports were 283.6 US dollars, and by 2011 they reached a record high of 43.69 billion US dollars. In the following three years, due to the lagging impact of the international financial crisis, ship exports continued to decline, with annual declines of more than 10%. Among them, the decline in 2013 reached 25.3%.
In 2014, from the perspective of exported ship products, the export value of the three major mainstream ship types was US$15.49 billion, accounting for more than 65%. Among them, the export value of bulk carriers was US$8.12 billion, accounting for 34.1%, and the amount decreased by 33.5% year-on-year, which exceeded the 19.4 percentage point decline in my country's overall ship exports. The export of large and ultra-large container ships increased significantly, and the annual export value of container ships was US$5.11 billion. The proportion was 21.5%, while the export value of container ships above 6000TEU increased by 144.6% year-on-year. In addition, the total export value of floating or semi-submersible drilling and production platforms was US$2.03 billion, accounting for 8.5%. From the export market, my country exported ships to 191 countries and regions. Asia is still the most important export market, with an export value of US$14.05 billion, accounting for 59.1%. However, my country's exports of ships to Europe have increased significantly, with an export value of US$4.02 billion, a year-on-year increase of 24.2%. From the perspective of export bases, they are mainly concentrated in the central and northern coastal areas of my country, but the overall industry concentration is low. In 2014, 30 provinces (autonomous regions, municipalities) across the country exported ship products, and 7 exported more than US$1 billion. Among them, Jiangsu Province continued to maintain its status as the largest province in ship exports, with an export value of 6.47 billion U.S. dollars, accounting for 27.2%. Looking at imported ship products, the most important ship types are still ships and other floating structures for dismantling, with an import value of 290 million U.S. dollars, accounting for 23.2%, and a year-on-year decrease of 62.1%; followed by floating or semi-submersible drilling and production platforms, with an import value of 230 million U.S. dollars, accounting for 18.4%, and a year-on-year decrease of 39.6%.
According to the latest statistics from the China Shipbuilding Industry Association, in 2014, the country completed 33.11 million deadweight tons of export ships, accepted export ship orders of 55.51 million deadweight tons, and held export ship orders at the end of the year of 142.8 million deadweight tons. Export ships accounted for 84.8%, 92.6%, and 95.9% of the national shipbuilding completions, new orders, and held orders respectively. This shows that my country's shipbuilding industry is export-oriented. The export-oriented characteristics have not changed due to the impact of the international financial crisis. However, as far as ship import and export trade is concerned, whether low-speed growth in exports and gradually increasing imports will become the new normal should arouse active attention and serious thinking in the industry, so as to adapt to the needs of the international ship market under the new situation, accelerate industrial transformation and upgrading, adjust ship export business strategies, actively respond to new challenges, and promote the healthy development of the shipbuilding industry.
Looking forward to 2015, the overcapacity situation in the international shipping market still exists. Overall, there are many uncertain factors and the outlook for the ship market is not optimistic. Based on the shipbuilding completion volume, new orders and orders held by Chinese shipbuilding companies in 2014, it is expected that in 2015, my country's ship exports will not increase compared to 2014, while ship imports will be higher than 2014.