Refrigerated transportation under the epidemic situation
Under the multiple impacts of African swine fever and COVID-19, food supply and food safety have become issues of widespread concern. In order to ensure the supply of meat and food safety, China has issued a series of policies that require “from transfer of pigs to transfer of meat”, encourage “transfer of meat from north to south” and “last mile”, which has brought about increasing demand for cold chain logistics. This has injected new vitality into the field of refrigerated trucks, or will promote the continued development of this segment.
From "hot fresh meat" to "cold fresh meat"
In the past, the distribution of live pigs in China was usually carried out by barn-grid trucks, which could easily become a “risk source” for the spread of epidemics during the epidemic. Therefore, on the one hand, the state has strengthened prevention and control measures, implemented a registration system for pig carrier vehicles, and promoted the change of "adjusted pigs" to "adjusted meat"; on the other hand, it has promoted "centralized slaughter, brand management, cold chain circulation, and cold fresh listing". Maintain the normal circulation order of live pig products and make the people "affordable to eat meat."
Since the end of 2018, the swine fever epidemic in China has spread, prompting China to shift from "hot fresh meat" to "cold fresh meat". The domestic pork "cold fresh meat" cargo volume and average distance per order have risen sharply. In August 2019, the volume of pork "cold fresh meat" transportation was nearly 10 times that of the same period in 2018, which has become the "tipping point" of the meat refrigerated truck market since 2019.
According to relevant sources, my country's output of refrigerated trucks was 48,000 in 2019, an increase of 18% year-on-year. Guangdong, Shandong and Liaoning have become the provinces with the largest demand for refrigerated trucks. With the steady improvement of the epidemic, the increase in cold chain logistics and the increase in the summer solstice, the requirements for freshness of fruits, vegetables and meat are higher, and the demand for refrigerated trucks will enter the peak season.
The epidemic is a challenge to the industry. Since the beginning of this year, affected by the “dual” epidemic, many changes have taken place in pork supply and marketing channels and residents’ consumption habits. In particular, the replacement of “hot fresh meat” by “cold fresh meat” has been accelerated. The huge demand for cold storage and distribution of fresh poultry meat has led to electricity The commercial distribution business presents a "blowout" state; in addition, a large amount of capital has poured into the pig breeding and meat processing market, which is giving birth to a rising sub-industry-cold chain transportation equipment. With the gradual replacement of barn-type transport vehicles that used to carry live pigs by refrigerated transport vehicles (meat trailers), it means the upgrading of new technologies and the opening of new logistics methods.
There are a large number of refrigerated transport vehicle manufacturers in China, which are qualified to produce refrigerated semi-trailers, but there are only a handful of companies with an annual output of over 1,000 vehicles. At present, the "small, scattered and chaotic" pattern of refrigerated transport vehicle manufacturers still exists, and the disadvantages of high production costs, low efficiency and poor quality still exist.
Chengli special vehicles foresee the "tipping point" of the market ahead of time and seized this opportunity in a timely manner. Lead the industry with technological upgrading and drive the development of cold chain transportation.
This high-end series of refrigerated trucks has the advantages of environmental protection and energy saving, especially the 9.6-meter refrigerated meat trailer launched in 2019. The manufacturing process represents China's leading level. This car is equipped with a 5G cold chain temperature control system. The car body is formed by vacuum hot pressing of polymer composite environmentally friendly materials at one time. It is designed with no metal skeleton structure. Compared with similar products in China, it is 600 to 700 kilograms lighter; it is suitable for complex road conditions and can Reduce transportation costs.
Expected to enter a long-term growth cycle
According to statistics from the China Federation of Logistics and Purchasing, the meat market is currently showing a situation where the main production area is separated from the main consumption area. Therefore, a large number of meat products need to be transported in different places; and with the increase of restrictions on the transportation of live livestock and poultry, the demand for a large amount of freight is cold. Chain transportation solution.
From the perspective of transportation structure, China's refrigerated truck ownership accounts for the proportion of total trucks, which is much lower than developed countries in the cold chain transportation industry, and the refrigerated truck market has huge room for growth. With the release of my country’s policy dividends, the improvement of national living standards, and the demand for cold chain logistics, the refrigerated truck market has huge growth potential in the future.
Relevant data shows that in the past three years, the average growth rate of China's refrigerated truck market is about 30%, and it is expected to continue to maintain rapid growth in 2020, with demand for 55,000 to 60,000 vehicles, of which the sales of refrigerated meat trailers in 2020 will be 3500 to 4,000.
The "home economy" is rising against the trend, what are the potential opportunities in China's refrigerated truck industry? China’s fresh food logistics has entered a long-term growth cycle as the service industry’s share of GDP increases. This trend will fundamentally increase the demand for refrigerated semi-trailers and refrigerated vans in China. The outbreak of African swine fever has accelerated this process; during the new crown pneumonia epidemic, the demand for home delivery of fresh food has ignited the demand for refrigerated vans.
