In 2014, the export of pumps and valves was affected by the downturn in the international market. The growth slowed down and the export situation was not optimistic. The foreign trade of the pump and valve industry fell into a period of low growth, which also released a signal to our pump and valve companies that they need to accelerate the transition.
In addition to the shrinking international market demand, domestic competition has also aggravated the severe situation in the export of the pump and valve industry. “The high-end and high-end markets are all located in Chengdu and Suzhou. Listed companies are all over there. The pump and valve industry lacks leading companies.†A common problem in the entire pump and valve industry is small and complete, and it lacks specialization, so the advantages are not. Prominent, the market is not attractive. “When the external environment becomes bad, a series of problems in the pump and valve industry itself will also be highlighted. Including the product quality is not enough, the management system can't keep up, the brand's competitiveness is not strong, etc., will make the company's life become more difficult.
At the same time, a group of enterprises broke through the adversity and injected strength into the industry. In terms of equipment investment, product quality, operation management, and other aspects, the major pump and valve companies have also spared no effort to invest heavily in gold to maintain continuous and stable growth, and a larger increase. In addition, in recent years, a group of companies have been ridding their export methods for OEM processing for foreign companies, accelerating the pace of creating their own brands, and expanding their international channels through multiple channels. Enterprises with relatively small scale and brand recognition are also unwilling to follow suit. Difficulty in survival, boldly stepping out of the "going out" pace.
Regarding the export situation of the pump and valve in 2015, with the collapse of international oil prices, it hit a record low since 2009, even higher than the cost of oil exploration, resulting in the reduction of some related projects, and the market’s demand for valve products. As a result, the export situation of the pump and valve industry is still relatively severe. “In spite of this, individual companies will still develop upward. Those enterprises whose refined management has already become standardized will have controllable cost quality, prompt delivery, and outlets. For these companies, their advantages will become even more prominent. However, the share will increase, especially in the relatively stable mid-to-high-end market, but there is still much room for development, but the key is whether companies can enter it and compete with globally renowned companies on the same platform.First, we must understand the most basic overseas laws and regulations. Culture, integration into it; Second, through the network, the global oil show, pump and valve professional exhibition and other channels to promote the market; Third, based on the improvement of internal management, actively seeking overseas local professionals to promote their own brands.
In addition, investment in international large-scale engineering projects will stimulate the demand for valve products in the international market; economic development in Southeast Asia, Latin America, and Africa will drive infrastructure construction, and increase the demand for pump and valve products.
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