Welcome to our websites!

Current Situation and Outlook of Linqing’s Bearing Industry

I. Export Scale and Growth

1. Export Performance in the First Half of 2025

In the first quarter of 2025, the total import and export volume of Linqing’s bearing industry reached 85.78 million yuan, covering over 50 countries and regions including Europe, America, and Southeast Asia.

2. Distribution of Key Markets

The proportion of high-end markets (Germany, the United States, and Japan) has been increasing year by year. Products such as asymmetric spherical roller bearings have been exported to Europe and America, with performance surpassing similar products from Germany.

 

II. Trade Activities and Orders

1. Exhibition Achievements

The Spring Bearing Industry Exhibition and International Precision Procurement Conference in 2025 reached an overseas procurement intention of 17 million yuan and organized 22 enterprises to participate in 38 domestic and international exhibitions.

2. New Business Model Expansion

The “Exhibition-First, Warehouse-Second + Precision Incubation” model has attracted over 50 enterprises to go global, and cross-border e-commerce platforms have facilitated direct contact with small and medium-sized overseas purchasers.

 

III. Industrial Support and Transformation

1. Cluster Advantage

The three towns of Yandian, Panshuang, and Tangyuan have formed an 8-kilometer industrial belt integrating manufacturing, logistics, and processing, covering the entire bearing industry chain, with costs 30% to 40% lower than those in Europe and America.

2. Digital Empowerment

Through the “Yanzhuo Yunke” platform, foreign trade services have been integrated, and the order delivery rate of pilot enterprises has exceeded 95%, with the regional brand premium capacity increasing by 20%.

 

IV. Policy Drive and Industrial Upgrading

The “Opinions on High-Quality Development of the Bearing Industry (2024-2026)” issued by Linqing City clearly states the internationalization development direction and promotes the transformation of the bearing industry towards high-end and brandization through 20 measures. By 2026, the goal is to cultivate more than 15 leading enterprises with annual sales over 100 million yuan in the industry, and to add more than 40 invention patents, providing technical support for exports.

 

V. Market Expansion and Order Growth

Data from 2025 shows that Linqing’s bearings have attracted over 50 enterprises to go global through the “Exhibition-First, Warehouse-Second + Precision Incubation” model. In the first half of the year, the export volume of Linqing VPN Bearing Co., Ltd. increased by over 60% year-on-year, with overseas procurement intentions reaching 17 million yuan. The 465 booths and nearly 1,000 enterprises participating in the 9th Linqing Bearing Exhibition have further strengthened the international supply chain connection capabilities.

 

VI. Challenges and Opportunities

• Trade Barriers: The EU’s anti-dumping investigation still exerts pressure on the export of mid-to-low-end products, but the export growth rate of high-end products (such as wind power bearings) has reached 35%.

• Brand Shortcomings: Currently, 90% of enterprises rely on OEM models, and in the future, they need to enhance the premium of their own brands through international certifications (such as ISO/TS 16949).

 

VII. Forecast and Conclusion

It is expected that by 2026, Linqing’s bearing export volume will exceed 5 billion yuan, with the proportion of high-end products increasing to 25%. Southeast Asia and Europe will become the main growth poles.

9e09aac92178b38bbd251c65dc05063d

 


Post time: Oct-14-2025