1. industry market scale development speed tends to be stable
In recent years, the development speed of the market scale of China's auto parts industry has stabilized. According to statistics from the China Association of Automobile Manufacturers, in 2017, my country's auto parts manufacturers achieved sales revenue of 3739.2 billion billion yuan, an increase of 8.20 percent over the same period last year.
Small number of foreign-funded enterprises in 2. but large market share
According to incomplete statistics, the total number of spare parts enterprises exceeds 10000 (less than 6000 scale enterprises). China's auto parts manufacturing enterprises, private enterprises and foreign-funded enterprises accounted for a large proportion, respectively, 49.25 and 22.20. The proportion of joint-stock enterprises and state-owned enterprises is relatively small.
The rapid development of the domestic automobile market has attracted a large number of foreign-funded enterprises to enter the domestic market. With its advantages in technology and capital, foreign-funded enterprises quickly occupy an important share of China's auto parts market. Most of the world's top 20 famous auto parts companies have entered the Chinese market through joint ventures or sole proprietorship, such as Michelin, Bosch, Bridgestone and so on. The world's leading auto parts manufacturer, BorgWarner, also officially opened in Shanghai in December 2004. In addition, one of the world's largest auto parts suppliers, Delphi Automotive Systems has established more than 10 wholly-owned and joint venture auto parts companies in China, supplying major Chinese automakers such as FAW and SAIC.
Although foreign-funded enterprises (wholly-owned and Sino-foreign joint ventures) account for only 20% of the number of large-scale enterprises, their market share is as high as 70%. In the field of high-tech content such as automotive electronics and key engine components, foreign market share is as high as 90%. In the field of core components such as engine management system (including electronic injection) and ABS, the proportion of foreign-funded enterprises is as high as 95% and 90% respectively.
In recent years, private auto parts companies have also developed steadily. Wanxiang Group, Wan'an Group, Wanfeng Aote Group, Xinyi Glass, Zhejiang Yinlun Machinery, Shanghai Jiule Airbag and many other outstanding private auto parts enterprises have grown rapidly. at present, the number of private enterprises accounts for 49.25 percent of the total number of auto parts and components enterprises in china.
The export amount of 3. auto parts reached
From 2011 to 2014, China's auto parts exports showed an increasing trend year by year. In 2015, China's auto parts market showed negative growth, with a cumulative export value of US $61.917 billion billion in 2015, a decrease of 4.18 percent over the same period last year. The main reasons are as follows: first, the overall global economic downturn, overall weakness, fierce competition, shrinking automobile consumer market, coupled with the influence of exchange rate factors, China's automobile exports and overseas production have been greatly affected; second, the traditional export market is shrinking, while facing fierce competition from other countries. In terms of exports, they are currently mainly concentrated in Latin America, Russia, the Middle East and North Africa. In these countries or regions, there are varying degrees of political and economic uncertainty, market risks are relatively high, and the instability of the external environment directly leads to weak market demand. The traditional automobile powers and some developing countries with rising automobile industries are also squeezing China's automobile export market; third, various trade barriers still exist and sometimes increase, which hinders domestic enterprises from exporting products to some overseas markets.
In 2016, my country's auto parts exports ended the negative growth situation in 2015, with a cumulative export value of US $64.573 billion billion, an increase of 4.29 percent over the previous year. The auto parts export market showed signs of recovery. However, in 2017, the export value of auto parts fell slightly again, with a cumulative export value of US $63.778 billion billion, down 1.23 percent year-on-year.
Judging from the year-on-year changes in the monthly export amount of auto parts, the export amount in February and August decreased year-on-year, and the other months showed growth, but except for January and December, the monthly growth rate was less than 10%. In 2017, my country exported a total of 640700 complete vehicles to countries along the "Belt and Road", a year-on-year increase of 23.75 percent, accounting for 60.23 percent of the total exported vehicles. 3.4628 million motorcycles were exported, up 4.97 percent year-on-year, accounting for 37.28 percent of total motorcycle exports.








 

In addition, from the perspective of the export market performance of the countries along the "Belt and Road", the export performance of Central and Eastern Europe was the most prominent, with a total export of US $4.71 billion billion, a year-on-year increase of 18.62 percent. South Asia and Central Asia also showed double-digit growth, with exports of US $2.92 billion and US $0.961 billion respectively, up 11.27 per cent and 11.11 per cent respectively over the same period last year. The Middle East (West Asia) and ASEAN (including Mongolia) regions grew at a slightly lower rate, with exports of $7.843 billion and $8.026 billion, respectively, up 9.23 per cent and 4.30 per cent year-on-year. At present, China has signed "the belt and road initiative" cooperation agreements with 71 countries. As a national strategy, China has continuously strengthened its cooperation with countries along the "Belt and Road Initiative" route in recent years, especially increased investment in some less developed countries, helping them greatly improve their local infrastructure. this has also promoted the activity of the local economy to a large extent and stimulated vitality for our country to further expand exports.
Among the four major categories of auto parts, 3.7414 million engines were exported, an increase of 10.53 percent over the same period last year, and the export value was 2.041 billion billion US dollars, an increase of 12.02 percent over the same period last year. Among the main export varieties of engines, the export volume of series with displacement greater than 3 liters decreased slightly, while other varieties showed growth, of which 1 liter 4. auto parts import amount range fluctuation
From 2011 to 2017, the amount of auto parts imports in China showed a fluctuating trend. In 2017, the cumulative import value of China's auto parts was 37.048 billion billion US dollars, an increase of 1.9 percent over the same period last year, and the import volume further increased.
Judging from the changes in the monthly year-on-year growth of auto parts imports, the year-on-year growth rate in each month of the first quarter exceeded 15%, the highest in the year, with a slight decline in May, October and December, while the growth rate in other months except September was lower than 10%, which was not as good as that in the first quarter. Among the four major categories of auto parts, compared with the same period last year, engine imports only declined, with a total of 662600 units imported, down 8.82 percent from the same period last year, and imports totaled 1.994 billion billion US dollars, down 1.31 percent from the same period last year. Among the main types of engines, the 1-liter

 

In 2017, auto parts, accessories and body imports once again exceeded $30 billion, reaching $30.92 billion, an increase of 7.17 percent year-on-year. Among the seven major categories, the import amount of airbag devices and drive axles decreased slightly, while other varieties showed an increase. Among them, the growth rate of electronically controlled fuel injection devices, body and seat belts was more obvious. In addition, the gearbox continued to maintain a scale of 10 billion, with a total import amount of 12.53 billion billion US dollars, an increase of 9.92 percent over the same period last year.
The above data and analysis sources refer to the "2018-2023 China Auto Parts Manufacturing Industry In-depth Market Research and Investment Prospect Forecast Analysis Report" released by the Prospective Industry Research Institute.