| Bearing industry in China has gained rapid | | | | China which do export business through various |
| development. The export of bearing products also | | | | channels. Therefore, the competition is quite fierce, |
| increases, however, there are still many factors | | | | resulting in lower prices to compete for market with |
| which may restrict the expanding of the export. | | | | each other. For example, one kind of spherical bearing |
| At first, the exported bearing products are low-end. | | | | has high export prices. When seeing this, many |
| In recent years, China has made remarkable | | | | manufacturers start producing these products |
| achievements in developing international markets and | | | | without considering the market capacity. Thus, the |
| expanding the export. Although the export value of | | | | current export prices of these bearings have been |
| bearing products increases year by year, most of | | | | reduced to 1 / 3. |
| them are cheap miniature ball bearings. | | | | Thirdly, the market of Chinese bearings is not stable. |
| Taking the 608ZZ bearings as an example, China is | | | | At present, China's export products mostly rely on |
| the world's largest producer of this kind of products. | | | | intermediaries. In addition, products directly sold to |
| It is also one of the largest exporters of these | | | | the market are few. Manufacturers always do not |
| bearings. However, bearing products of this model | | | | know the requirements of end users clearly. This |
| that are applied in household appliances such as | | | | situation is no only detrimental to the organization of |
| domestic air conditioners and vacuum cleaners are all | | | | production, but also not conducive to after-sales |
| imported from NSK and KOYO companies. This is a | | | | service. |
| common phenomenon. It illustrates that China's | | | | Fourthly, the export of overseas-invested enterprises |
| miniature ball bearings are sold in the low-end market. | | | | is growing increasingly. At present, many well-known |
| Secondly, the exported products are too focused on | | | | foreign bearing companies all invest in China and set |
| specifications. Meanwhile, they compete with other | | | | up bearing factories. Their products are also |
| products at low prices. Because there is a certain | | | | exported. With the expanding scale of production, |
| capacity limit of the low-end miniature ball bearings in | | | | the proportion of those bearings will expand, too. |
| the international market, hundreds of bearing | | | | Fifthly, the quality and level of the foreign trade |
| products from China have to compete with products | | | | clerks are very low. Some workers are not familiar |
| from other countries such as Russia and Romania. As | | | | with the technology and market. They can not |
| a result, the supply exceeds demand. This is the main | | | | provide perfect services to buyers which causes |
| reason for the competition at low price. | | | | great difficulty for Chinese bearing products to enter |
| Currently, there are no less than 500 enterprises in | | | | the OEM market. |