In 2019, the cumulative export amount of China's aluminum alloy wheels was USD 4.036 billion, a year-on-year decrease of 14.8%, and the cumulative export amount was 90.38 million (calculated by 10Kg/ m2), a year-on-year decrease of 9.1%.
In December 2019, the export amount of China's aluminum alloy wheels was us $335 million, down 7.5% year on year, and the export amount was 7.69 million (calculated by 10Kg/ m2), down 4.8% year on year.
In December, there were 71 companies with ≥ 10,000, 28 companies with ≥ 50,000, 16 companies with ≥ 100,000, 6 companies with ≥ 200,000, and 3 companies with ≥ 500,000.
With the rise of China's automobile aluminum wheel industry, China has gradually become the global manufacturing center of automobile aluminum wheel. While meeting the domestic market demand, domestic wheel enterprises are also actively exploring the international market.In December 2019, China exported a total of 124 countries and regions of aluminum alloy wheels, with the export quantity: 42 countries and regions with ≥ 10,000, 17 countries with ≥ 50,000, 9 countries with ≥ 100,000, 3 countries with ≥ 500,000, and 2 countries with ≥1 million.
The specific data are as follows:
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List of China's top 20 countries and regions in terms of export volume of aluminum alloy wheels in December |
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|
No. |
Countries and Regions |
Quantity (pcs) |
|
1 |
America |
2957176 |
|
2 |
Japan |
1472090 |
|
3 |
Mexico |
979353 |
|
4 |
South Korea |
244320 |
|
5 |
Thailand |
211593 |
|
6 |
Brazil |
192724 |
|
7 |
Canada |
134155 |
|
8 |
Malaysia |
133362 |
|
9 |
India |
108358 |
|
10 |
Germany |
92273 |
|
11 |
Turkey |
88194 |
|
12 |
United Arab Emirates |
86024 |
|
13 |
Russia |
82563 |
|
14 |
France |
78501 |
|
15 |
Indonesia |
66824 |
|
16 |
Lithuania |
53502 |
|
17 |
Australian |
51557 |
|
18 |
South Africa |
48193 |
|
19 |
England |
42195 |
|
20 |
Saudi Arabia |
37060 |
In 2018, the aluminum alloy wheel industry suffered from internal and external problems rarely seen since its inception. The quantity of product orders, actual settlement price and settlement cycle were affected to different degrees. However, the environment that affected the business performance of the industry did not improve significantly in 2019, and even deteriorated.
First order is tense, the past is not promising payment cycle is long, a "chicken ribs" profit is very low orders also became wheel factory chase "beacon", "bosses" class enterprise such as the industry had never get their hands on a national brand car companies, its wheels order last year was met by the dao "bosses" enterprises rushed, wheel hub enterprise's hunger in the market which can be seen;Secondly, the financial supply of some enterprises also appeared a problem, it is not difficult to find last year and a number of aluminum alloy wheel manufacturers added a lot of new "dishonest information", individual legal representative has also been restricted high consumption, some enterprises were unfortunately included in the management of abnormal directory.However, under such a "hard time", the capacity proportion of existing hub plant expansion projects in the annual "new" capacity is increasing year by year, which can only explain a problem, that is, as we predicted in the past, "the strong will always be strong", and hub industry is gradually concentrating its capacity.
In recent years, labor, energy, transportation, taxes and fees, environmental protection and other costs in the Chinese mainland have risen comprehensively.In addition, the current severe overcapacity of automobile, automobile sales are in the trough, which will be more challenging for the aluminum wheel industry in 2020.
Post time: Jul-20-2020
