Since the beginning of 2020, the new crown epidemic has raged around the world and has had an impact on the global PCB industry. China analyzes the monthly export volume data of China’s PCB released by the General Administration of Customs. From March to November 2020, China’s PCB export volume reached 28 billion sets, a year-on-year increase of 10.20%, a record high in the past decade.
Among them, from March to April 2020, China’s PCB exports increased significantly, up 13.06% and 21.56% year-on-year. Reasons for analysis: under the influence of the epidemic in early 2020, the operating rate of China’s PCB factories in mainland China, re-shipment after resumption of work, and restocking of overseas factories .
From July to November 2020, China’s PCB exports increased significantly year-on-year, especially in October, which increased by 35.79% year-on-year. This may be mainly due to the recovery of downstream industries and increased demand for overseas PCB factories. Under the epidemic, the supply capacity of overseas PCB factories is unstable. Mainland Chinese companies undertake overseas Transfer orders.
According to Prismark data, from 2016 to 2021, the growth rate of the output value of each segment of the Chinese PCB industry is higher than the global average, especially in high-tech content such as high-layer boards, HDI boards, flexible boards and packaging substrates. PCB. Take packaging substrates as an example. From 2016 to 2021, my country’s packaging substrate output value is expected to grow at a compound annual growth rate of approximately 3.55%, while the global average is only 0.14%. The trend of industrial transfer is obvious. The epidemic is expected to accelerate the transfer of PCB industry in China, and the transfer It is a continuous process.