What is the current market for refrigerated trucks in China?

Refrigerated trucks have entered the Chinese market for more than 20 years, and the increase in usage in the past decade has been very rapid. The refrigerated truck is used to transport frozen or fresh cargo vehicles. The refrigerating device and the polyurethane insulation box of the refrigerating unit are mounted on the refrigerating truck and are commonly used for transporting frozen foods (refrigerated vehicles), dairy products (milk transportation vehicles), and fruits and vegetables (fresh goods Transporter), vaccine drugs (vaccine transport vehicles), etc.

According to a survey conducted by relevant agencies, in 2015, the cold chain circulation rate of fruits and vegetables in China was 20%, that of meat was 30%, that of aquatic products was 36%, and that of refrigerated transport was 30%. Fifty percent or sixty-five percent. It is estimated that the scale of the cold storage and cold storage market can reach 80 billion yuan by 2016, with an annual compound growth rate of 30%. The demand for cold chain equipment will gradually start to flow from the short-term sales end, and cold chain equipment companies will benefit.

The data show that the cold chain circulation rate of meat and poultry in many developed countries in Europe and the United States has reached 100%, and the cold chain circulation rate of fruits has reached 95%. China's fruits and vegetables are transported in the course of each year. The rotten spoilage is as high as 25 percent and 30 percent, respectively, and the value is as high as 75 billion yuan, which is a terrible figure. Another set of figures can intuitively show us how refrigerated trucks are in our country at this stage. The average US 500 people have a refrigerated truck , while China has an average of 30,000 talented people and China has only 0.3 percent of its refrigerated trucks.

In recent years, the state has given high attention to the cold chain logistics industry and has introduced policies to support them. It has put forward higher requirements for industry development and called for “accelerating the construction of cold chain systems for agricultural products that rely primarily on cold storage and transportation of refrigerated boxes”. In the key production and sales areas, a number of agricultural product wholesale markets and farmers' markets will be rebuilt or transformed, and facilities such as cold preservation, hygiene, quality and safety traceability, inspection and testing shall be strengthened. Large slaughter houses shall be equipped with cooling meat workshops, and large meat wholesale markets shall be equipped with Cold storage, chain retail should implement a unified cold delivery.

The above data and texts have shown that the market for refrigerated trucks in China still has a large gap, and national policies have also given support. From this we can see that the market of refrigerated trucks in China has shown an upward trend.


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