Analysis of China's PCB Import and Export Data in 2024

Total import and export volume and growth situation

In the first quarter of 2024, the total import and export trade volume of PCB in China was 44.894 billion yuan (approximately 6.319 billion US dollars), an increase of 8.09% compared to the same period last year. Among them, the export value was 32.466 billion yuan (about 4.59 billion US dollars), an increase of 13.04% year-on-year; The import value was 12.428 billion yuan (approximately 1.729 billion US dollars), a year-on-year decrease of 2.98%.

Changes in major trading partners and market share

From the perspective of trading partners, China's PCB main export markets are concentrated in Taiwan, China, Japan, South Korea and Southeast Asia. In the first quarter of 2024, the proportion of exports to Taiwan, China increased by 3.33 percentage points, while the proportion of exports to South Korea decreased by 0.69 percentage points, and the proportions of Malaysia and Germany also decreased by 0.63 and 0.29 percentage points respectively.

Product Type and Market Application Analysis

In terms of product types, multi-layer pcb boards, HDI pcb boards, and flexible pcb boards are the main types of PCB production in China. The proportion of multi-layer boards is the highest, reaching 39.3%; HDI board accounts for 27.8%; The proportion of soft boards is 24.2%. In terms of application areas, the communication market holds the largest share, reaching 28.9%, followed by automobiles (26.9%), computers (23.8%), and consumer electronics (12.1%).

Industry Trends and Future Prospects

In 2024, the global PCB industry is expected to achieve a production value of 73.346 billion US dollars, a year-on-year increase of 5.5%. The Chinese PCB industry is also growing rapidly, with an expected annual output value of 26.79 billion US dollars and an annual growth rate of 16.6%. The global market share will increase to 32.8%. In the future, with the development of automotive electrification and intelligence, as well as the advancement of technologies such as 5G network construction, big data, and artificial intelligence, the PCB industry will continue to maintain a growth trend