Analysis on Automobile Parts & Accessories Market in China

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Last updated: 24 Sep 2011

Analysis on Automobile Parts & Accessories Market in China

China automobile parts & accessories market size exceeded RMB 1,000 billion in 2009, a growth of more than 20% on a year-on-year basis, according to Zeefer Consulting's latest research report - China Automobile Parts & Accessories Market Report.

In terms of market position of foreign enterprises in China, in 2009, there were more than 2,000 foreign enterprises above designated size engaged in the automobile parts & accessories industry, accounting for more than 20% of all automobile parts & accessories enterprises above designated size across China. All foreign automobile parts & accessories enterprises achieved a profit of more than RMB 40 billion in all, accounting for more than 55% of the total profit in this industry.

In terms of industry profit, in 2009, enterprises above designated size in automobile parts & accessories industry across China achieved a profit of more than RMB 70 billion in all, a growth of more than 30% on a year-on-year basis. In 2009, more than 1,500 enterprises in this industry suffered a loss. the percentage of loss-incurring enterprises was higher than 10%. The industry average of the rate of return on assets was higher than 7%, and the rate of return on net assets was higher than 15%.

In terms of automobile parts & accessories import and export, in 2010, the value of imported automobile parts & accessories products in China was more than USD 15 billion,  and Japan, Germany and South Korea ranked top 3 as Origin of Imported Goods, imports from these top three origins added up to USD 14.9 billion, accounting for more than 80% of the gross imports. Jilin, Shanghai and Guangdong ranked top 3 domestic destinations in imports, and the value of imports in these three regions added up to USD 9.1 billion, accounting for more than 50% of the gross imports across China. In 2010, the gross export of automobile parts & accessories products exceeded USD 15 billion, Zhejiang, Jiangsu and Shanghai ranked top 3 as domestic origins, exports from these origins added up to USD 7.1 billion, accounting for more than 40% of the gross export across China.

Full content of China Automobile Parts & Accessories Market Analysis:
http://www.allchinareports.com/china-transportation-shipping-industry/automobile-industry-analysis/analysis-on-automobile-parts-accessories-market-in-china.html

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The analyses above are extracted from the research report: China Automobile Parts & Accessories Market Report

 


Posted: 23 September 2011, last updated 24 September 2011

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