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Forecast and analysis of the market size of China's auto parts industry in 2022

Forecast and analysis of the market size of China's auto parts industry in 2022

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  • Time of issue:2021-04-30
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(Summary description)China Business Intelligence Network News: Auto parts, as the foundation of the auto industry, are a necessary factor to support the sustainable and healthy development of the auto industry. In recent years, the auto parts industry has developed rapidly, the market scale has expanded, the import and export amount has increased, and the number of auto parts companies has increased.

Auto parts market expands

With the rapid development of China's auto industry, the increase in car ownership and the expansion of the auto parts market, my country's auto parts industry has developed rapidly, and the overall growth rate is higher than that of my country's vehicle industry. The data shows that the sales revenue of auto parts in my country has increased from 3.46 trillion yuan in 2016 to 4.57 trillion yuan in 2020, with an average annual compound growth rate of 7.2%. It is expected that my country's auto parts sales revenue will reach 4.9 trillion yuan in 2021. In 2022, my country's auto parts sales revenue will reach 5.2 trillion yuan.



Data source: China Automobile Association, China Business Industry Research Institute

Auto parts trade surplus widens

In recent years, the import and export value of China's auto parts and components has shown an increasing trend. In 2021, the import value of China's auto parts is 37.644 billion US dollars, a year-on-year increase of 15.9%. The export value was 75.568 billion US dollars, a year-on-year increase of 33.7%. The trade surplus was US$37.924 billion, a year-on-year increase of US$13.853 billion.



Data source: Compiled by the General Administration of Customs and China Business Industry Research Institute

Increase in auto parts companies

In recent years, the number of registrations of auto parts-related enterprises in my country has continued to grow, and the number of registered auto parts-related enterprises in 2020-2021 will exceed 100,000. In 2021, the registration volume of auto parts-related enterprises will be 165,000, a year-on-year increase of 64.8%. It is expected that in 2022, the number of registered auto parts related companies in China will exceed 200,000.

Forecast and analysis of the market size of China's auto parts industry in 2022

(Summary description)China Business Intelligence Network News: Auto parts, as the foundation of the auto industry, are a necessary factor to support the sustainable and healthy development of the auto industry. In recent years, the auto parts industry has developed rapidly, the market scale has expanded, the import and export amount has increased, and the number of auto parts companies has increased.

Auto parts market expands

With the rapid development of China's auto industry, the increase in car ownership and the expansion of the auto parts market, my country's auto parts industry has developed rapidly, and the overall growth rate is higher than that of my country's vehicle industry. The data shows that the sales revenue of auto parts in my country has increased from 3.46 trillion yuan in 2016 to 4.57 trillion yuan in 2020, with an average annual compound growth rate of 7.2%. It is expected that my country's auto parts sales revenue will reach 4.9 trillion yuan in 2021. In 2022, my country's auto parts sales revenue will reach 5.2 trillion yuan.



Data source: China Automobile Association, China Business Industry Research Institute

Auto parts trade surplus widens

In recent years, the import and export value of China's auto parts and components has shown an increasing trend. In 2021, the import value of China's auto parts is 37.644 billion US dollars, a year-on-year increase of 15.9%. The export value was 75.568 billion US dollars, a year-on-year increase of 33.7%. The trade surplus was US$37.924 billion, a year-on-year increase of US$13.853 billion.



Data source: Compiled by the General Administration of Customs and China Business Industry Research Institute

Increase in auto parts companies

In recent years, the number of registrations of auto parts-related enterprises in my country has continued to grow, and the number of registered auto parts-related enterprises in 2020-2021 will exceed 100,000. In 2021, the registration volume of auto parts-related enterprises will be 165,000, a year-on-year increase of 64.8%. It is expected that in 2022, the number of registered auto parts related companies in China will exceed 200,000.

  • Categories:Company News
  • Author:
  • Origin:
  • Time of issue:2021-04-30
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China Business Intelligence Network News: Auto parts, as the foundation of the auto industry, are a necessary factor to support the sustainable and healthy development of the auto industry. In recent years, the auto parts industry has developed rapidly, the market scale has expanded, the import and export amount has increased, and the number of auto parts companies has increased.
 
Auto parts market expands
 
With the rapid development of China's auto industry, the increase in car ownership and the expansion of the auto parts market, my country's auto parts industry has developed rapidly, and the overall growth rate is higher than that of my country's vehicle industry. The data shows that the sales revenue of auto parts in my country has increased from 3.46 trillion yuan in 2016 to 4.57 trillion yuan in 2020, with an average annual compound growth rate of 7.2%. It is expected that my country's auto parts sales revenue will reach 4.9 trillion yuan in 2021. In 2022, my country's auto parts sales revenue will reach 5.2 trillion yuan.
 
 
 
Data source: China Automobile Association, China Business Industry Research Institute
 
Auto parts trade surplus widens
 
In recent years, the import and export value of China's auto parts and components has shown an increasing trend. In 2021, the import value of China's auto parts is 37.644 billion US dollars, a year-on-year increase of 15.9%. The export value was 75.568 billion US dollars, a year-on-year increase of 33.7%. The trade surplus was US$37.924 billion, a year-on-year increase of US$13.853 billion.
 
 
 
Data source: Compiled by the General Administration of Customs and China Business Industry Research Institute
 
Increase in auto parts companies
 
In recent years, the number of registrations of auto parts-related enterprises in my country has continued to grow, and the number of registered auto parts-related enterprises in 2020-2021 will exceed 100,000. In 2021, the registration volume of auto parts-related enterprises will be 165,000, a year-on-year increase of 64.8%. It is expected that in 2022, the number of registered auto parts related companies in China will exceed 200,000.

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Time of issue : 2021-04-30 17:33:00
China Business Intelligence Network News: Auto parts, as the foundation of the auto industry, are a necessary factor to support the sustainable and healthy development of the auto industry. In recent years, the auto parts industry has developed rapidly, the market scale has expanded, the import and export amount has increased, and the number of auto parts companies has increased. Auto parts market expands With the rapid development of China's auto industry, the increase in car ownership and the expansion of the auto parts market, my country's auto parts industry has developed rapidly, and the overall growth rate is higher than that of my country's vehicle industry. The data shows that the sales revenue of auto parts in my country has increased from 3.46 trillion yuan in 2016 to 4.57 trillion yuan in 2020, with an average annual compound growth rate of 7.2%. It is expected that my country's auto parts sales revenue will reach 4.9 trillion yuan in 2021. In 2022, my country's auto parts sales revenue will reach 5.2 trillion yuan. Data source: China Automobile Association, China Business Industry Research Institute Auto parts trade surplus widens In recent years, the import and export value of China's auto parts and components has shown an increasing trend. In 2021, the import value of China's auto parts is 37.644 billion US dollars, a year-on-year increase of 15.9%. The export value was 75.568 billion US dollars, a year-on-year increase of 33.7%. The trade surplus was US$37.924 billion, a year-on-year increase of US$13.853 billion. Data source: Compiled by the General Administration of Customs and China Business Industry Research Institute Increase in auto parts companies In recent years, the number of registrations of auto parts-related enterprises in my country has continued to grow, and the number of registered auto parts-related enterprises in 2020-2021 will exceed 100,000. In 2021, the registration volume of auto parts-related enterprises will be 165,000, a year-on-year increase of 64.8%. It is expected that in 2022, the number of registered auto parts related companies in China will exceed 200,000.
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