Global and China Automotive Wheel Industry Report, 2013-2014

Published: May 2014
No. of Pages: 110
    ReportsandReports

The report analyzes the following aspects:

  • Global automotive market
  • Chinese automotive market
  • Global automotive wheel industry and market
  • Chinese automotive wheel industry and market
  • 37 automotive wheel makers

In 2013, aluminum wheel makers were satisfied to see the continuous falling upstream raw material prices and recovered downstream markets. Due to the excess capacity, the primary aluminum price declined more than 15% in China in 2013. The global primary aluminum price fell about 13%. As for downstream markets, Japan and the U.S. rebounded, the European market just went out of the bottom, while Russia witnessed decline.

In 2014, China’s primary aluminum price is still facing great pressure, but the decline rate is lower than that in 2013. On the international market, the primary aluminum price stops falling to show a stable trend.

China aluminum wheel industry performs stably. Although there are many aluminum wheel investment projects, most of them do not go into operation actually after loans are offered; therefore, the expected aluminum wheel overcapacity does not occur. In China aluminum wheel industry, large enterprises target the OEM market while SMEs focus on the AM market.

As the global leading position is strengthened, CITIC Dicastal continues to expand its market share in the conservative Japanese supply chain system with strong competitive advantages. Impact by CITIC Dicastal, the revenue of GAC CHUO SEIKI Component, a major supplier of GAC Toyota, dropped from RMB1.252 billion in 2012 to RMB603 million in 2013. CITIC Dicastal added Ningbo base to seize more market share. Lizhong Wheel also performed well in 2013, it surpassed Wanfeng Auto Wheel to become China's second largest maker of automotive aluminum wheels, and it has opened up the Thailand OEM market with huge development potentials.

SMEs still keep an eye on the AM export market, and about 110 ones of them rely on export. Top 30 SMEs realize the average export value of USD30-50 million, and mainly export products to the United States, Russia, Europe and the Middle East.

Except CITIC Dicastal, Chinese aluminum wheel enterprises still highlight the field of low-end products, for example, Lizhong Wheel offers the average unit price of about USD36 and CITIC Dicastal USD55, lower than USD66 offered by the U.S. Surperior Industries International and ALCOA’s over USD100.

In the field of steel wheels, the upstream raw material prices remain stable while the aluminum price keeps descending, which weakens the advantages of low-cost steel wheels; therefore, steel wheel makers have to sacrifice gross margin to stabilize customers. Under this context, China’s largest steel wheel maker ------ Zhengxing Wheel saw its gross margin dip from 25.2% in 2012 to 20.8 % in 2013. Meanwhile, the sluggish Chinese commercial vehicle market restricts the development of steel wheels, so small companies gradually suspend or reduce production, which leads to a higher market concentration degree.

Published By: Research In China
Product Code: Research In China1875


Did you find what you are/were looking for ? If not, read below and browse through other relevant pages for similar market research reports OR get in touch with us through the form/contact info in your right navigation panel and well share relevant market report titles for you to explore.

Related Reports:

  • China Passenger Vehicle Industry Overview, 2017-2021

    Readers can obtain the following information or more through this report: Development Environment of Passenger Vehicle Industry in China Analysis on Supply and Demand in Passenger Vehicle Industry in China Major Sales Channels of Passenger Vehic...

  • Global Rail Wheel Market by Manufacturers, Regions, Type and Application, Forecast to 2021

    Rail Wheels a type of Wheel specially designed for use on rail tracks. The Wheels is on the rails without guidance except for the shape of the tyre in relation to the rail head. Contrary to popular belief, the flanges should not touch the rails. Flan...

  • China Propeller Shafts Market Research Report 2017

    Notes: Sales, means the sales volume of Propeller Shafts Revenue, means the sales value of Propeller Shafts This report studies Propeller Shafts in China market, focuses on the top players in China market, with capacity, production, price, reven...

  • China Propeller Shaft Couplings Market Research Report 2017

    Notes: Sales, means the sales volume of Propeller Shaft Couplings Revenue, means the sales value of Propeller Shaft Couplings This report studies Propeller Shaft Couplings in China market, focuses on the top players in China market, with capacit...

  • Europe Ammunition Market Report 2017

    Notes: Sales, means the sales volume of Ammunition Revenue, means the sales value of Ammunition This report studies sales (consumption) of Ammunition in Europe market, especially in Germany, France, UK, Russia, Italy, Spain and Benelux, focuses ...

  • Europe Aluminum Alloy Car Roof Racks Market Report 2017

    Notes: Sales, means the sales volume of Aluminum Alloy Car Roof Racks Revenue, means the sales value of Aluminum Alloy Car Roof Racks This report studies sales (consumption) of Aluminum Alloy Car Roof Racks in Europe market, especially in German...

  • United States Xylene (CAS No.1330-20-70) Market Report 2017

    Notes: Sales, means the sales volume of Xylene(CAS No.1330-20-70) Revenue, means the sales value of Xylene(CAS No.1330-20-70) This report studies sales (consumption) of Xylene(CAS No.1330-20-70) in United States market, focuses on the top player...

  • United States Wide Domain Automotive Oxygen Sensor Market Report 2017

    Notes: Sales, means the sales volume of Wide Domain Automotive Oxygen Sensor Revenue, means the sales value of Wide Domain Automotive Oxygen Sensor This report studies sales (consumption) of Wide Domain Automotive Oxygen Sensor in United States ...

  • United States Vehicle Lighting Fixtures Market Report 2017

    Notes: Sales, means the sales volume of Vehicle Lighting Fixtures Revenue, means the sales value of Vehicle Lighting Fixtures This report studies sales (consumption) of Vehicle Lighting Fixtures in United States market, focuses on the top player...

  • United States Vehicle Exhaust Purification System Market Report 2017

    Notes: Sales, means the sales volume of Vehicle Exhaust Purification System Revenue, means the sales value of Vehicle Exhaust Purification System This report studies sales (consumption) of Vehicle Exhaust Purification System in United States mar...


Why ReportsnReports.com?

  • 500,000 market research reports and growing.
  • Top Fortune 500 Organizations trust us for research data.
  • 24/7 support on call as well as emails.
  • Your Details are safe with us.
  • Free support for your research requirements.
  • Report Delivery: Email
  • Delivery Time:
    • Upto 24 hrs - working days
    • Upto 48 hrs max - weekends and public holidays

Research Support / Custom Research

If this business study does not have the data and information analysis you need, contact us with your research requirements. We explore available market research reports to map your needs and share report titles with you. Alternatively, we can also offer custom research that suits your budget and timelines. Share your information requirements here.
Connect With Us
Email: sales@reportsandreports.com Call : + 1 888 391 5441

Subscription Option

Using our subscription option, you get access to market research reports and industry data of Consumer Goods market as per your needs. Get the best of Consumer Goods research reports by utilizing your research budgets in an optimum way.

More about our Subscription option
Report Alerts

Get Email alerts about market research reports from industries and publishers of your interest: