Analysis of the Import and Export Status Quo of China's Pharmaceutical Packaging Industry in 2020 The scale of export expansion is greater than the scale of import contraction

September 4th News from Pharmaceutical Network 　
 
　　 China's pharmaceutical packaging import and export gap has further widened                                  
 
Judging from the overall import and export situation of my country's pharmaceutical packaging products, the export value of pharmaceutical packaging has exceeded the import value, and has maintained a rapid growth rate in recent years. In 2019, my country's pharmaceutical packaging industry exported a total of 1.803 billion US dollars, an increase of 6.07% year-on-year . In 2019, the import value of my country's pharmaceutical packaging industry was US$680 million, a year-on-year decrease of 6.53%. While the export scale of my country's pharmaceutical packaging products has expanded, the import scale has shrunk, leading to a further expansion of the import and export balance.
 
　　1. Industry chain analysis of the pharmaceutical packaging industry                         
 
　　Pharmaceutical packaging is an inseparable part of medicines. The pharmaceutical industry is the main demand industry for pharmaceutical packaging, including four main sub-sectors: chemical pharmacy, biopharmaceuticals, traditional Chinese medicine, and health care products. It can be said that the development of the pharmaceutical industry directly affects the market demand for pharmaceutical packaging products.
 
From the perspective of the industrial chain, the current upstream raw material industries for pharmaceutical packaging mainly include non-ferrous metals, glass, plastics, rubber, paper and other industries; the downstream industries that have demand for the pharmaceutical packaging industry mainly include chemical raw materials, chemical pharmaceutical preparations, and Chinese patent medicines. , Biopharmaceutical and other pharmaceutical industries.

　　2. Imports of China's pharmaceutical packaging industry are decreasing year by year, while exports are increasing year by year.
 
According to the data of the General Administration of Customs of China: From 2017 to 2019, the import value of China's pharmaceutical packaging industry decreased year by year, from US$729 million in 2017 to US$680 million in 2019; from 2017 to 2019, the export value of China's pharmaceutical packaging industry year by year Increase, from 1.485 billion US dollars in 2017 to 1.803 billion US dollars in 2019. In this context, the total import and export volume of China's pharmaceutical packaging industry is still increasing year by year. In 2019, the total import and export volume of China's pharmaceutical packaging industry was US$2.482 billion, a year-on-year increase of 2.29%. It can be seen that the scale of export expansion of China's pharmaceutical packaging industry is greater than the scale of import contraction.

　　3. The trade surplus of China's pharmaceutical packaging industry is rising year by year
 
　　According to data from the General Administration of Customs of China: From 2017 to 2019, the import and export of China's pharmaceutical packaging industry maintained a trade surplus, and the scale of the trade surplus was getting bigger and bigger. In 2019, China's pharmaceutical packaging industry achieved a trade surplus of US$1.123 billion, an increase of US$366 million from 2017. While the scale of China's pharmaceutical packaging industry's trade surplus has expanded, the growth rate has fallen; the year-on-year growth rate of the trade surplus in 2019 was 15.49%, a drop of nearly 13 percentage points from 2018. It is expected that the future trade surplus growth rate will not exceed 20%.

　4. The expansion of exports is mainly contributed by the primary form of polyvinyl alcohol
 
　　 From the perspective of the export product structure of China's pharmaceutical packaging industry in the past two years, the main export product of China's pharmaceutical packaging industry is unprocessed unbacked aluminum foil after rolling, 0.01mm
 
The second largest export value of China's pharmaceutical packaging industry is "Primary Shape Polyvinyl Alcohol" (Tax Code: 39053000). In 2018, the export value was 240 million U.S. dollars, accounting for 14.14% of the total export value; exports in 2019 The amount is 230 million U.S. dollars, accounting for 16.63% of total exports, and the proportion of total exports has increased. It is worth noting that the total export of polyvinyl alcohol in primary forms in 2019 increased by 59.520 million US dollars compared with 2018, while the total export of China's pharmaceutical packaging industry in 2019 increased by 101 million US dollars. It can be seen that the export scale of China's pharmaceutical packaging industry in 2019 is mainly due to Contributed by the primary form of polyvinyl alcohol.
 
　　2018-2019 China's pharmaceutical packaging industry export product export volume and export value statistics (unit: tons, ten thousand dollars)

　5. Import shrinkage is mainly caused by other halogenated butyl rubber sheets.
 
From the perspective of the import product structure of China’s pharmaceutical packaging industry in the past two years, the main imported products of China’s pharmaceutical packaging industry are “other halogenated butyl rubber sheets” (tariff number: 40023990). The proportion of total imports was 62.67%; the import value in 2019 was US$401 million, accounting for 58.99%, and the proportion of total imports has declined.
 
It is worth noting that the total imports of other halogenated butyl rubber sheets in 2019 decreased by 54.809 million U.S. dollars compared with 2018. In 2019, the total import volume of China's pharmaceutical packaging industry decreased by 47.497 million U.S. dollars. It can be seen that the shrinkage of imports in 2019 was mainly due to other halogens. It was caused by a sharp drop in imports of butyl rubber sheets.
 
　　The product that ranks second in China's pharmaceutical packaging industry imports is unprocessed unlined aluminum foil after rolling, 0.01mm