Import & Export Market Analysis of Super Abrasives

In the aspect of import and export markets, the total exports of diamond grinding wheels, diamond circular saw blades, superhard cutting tools and other products are about $1.002 billion, falling down 6.6%, which goes beyond 4.8% than the country's total decline of 1.8% in exports. This shows that the industry export is inferior to national export, and the international market remains weak.

It is very difficult to make it clear because there are too many kinds of super abrasives. Under the same article number, there are different products with different materials, and the products with same materials are exported under different article number, and there are less special numbers for superhard material products. Therefore, the actual export situation is hard to figure out, but it is certainly much more than $1 billion.

Among them, diamond saw blades have accounted for half of the total amount (55%), $547 million, going down 11.6%, which is the first big export commodity; Grinding wheels rank second, $167 million, accounting for 16.7%, going up 25.7%; Cutting tools rank third, 145 million, accounting for 14.5%, falling by 15.9%.

Looking from the exports, grinding wheel rises about 21.4%, whose rising range is bigger, and other products all have different downtrend. From the unit price of export products, most products have different uptrend in addition to diamond circular saw blades. Falling exports suggest that the international economic growth still remains weak.

The unit price rising suggests when the economic environment is not that good, high-end products are less affected. India has become the first destination country of the first three categories of the export goods, which goes beyond America for the first time. India market develops quickly and has huge potential.

From the import and export unit price proportion, the unit prices of grinding wheels and cutting tools have big difference more than 10 times, lacking of comparability, which also can reflect the importance of transformation and upgrading, and innovation and development!