In the first five months of this year, Shandong tire production continued to increase substantially, the domestic and foreign market situation is good, tire prices have also increased.
According to statistics, from January to May, the cumulative tire output of 14 key tire manufacturers in Shandong was 106 million, up 47.22% year on year.
Among them, radial tire production of 105 million, year-on-year growth of 45.83%;
24.51 million radial tires, up 38.02% year on year;
There were 78.145,900 semi-steel radial tires, up 44.03% year on year.
In the first five months of this year, the accumulated sales revenue of these enterprises reached 34.424 billion yuan, up 35.92 percent year on year.
During the same period, Shandong tire exports got rid of the epidemic and ushered in an overall rise.
From January to May, shandong's tire exports were 26.48 billion yuan (RMB), an increase of 32.5% year on year and 7.8% over the same period in 2019, ranking first in the country.