Asia: Non-Propelled Vehicle Axle Market 2020

Non-Propelled Vehicle Axle Market Size in Asia

The revenue of the non-propelled vehicle axle market in Asia amounted to $X in 2017, going up by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2008, with an increase of X% against the previous year. The level of non-propelled vehicle axle consumption peaked in 2017, and is expected to retain its growth in the near future.

Non-Propelled Vehicle Axle Production in Asia

The non-propelled vehicle axle production amounted to X tons in 2017, growing by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The growth pace was the most rapid in 2011, with an increase of X% year-to-year. The volume of non-propelled vehicle axle production peaked in 2017, and is expected to retain its growth in the near future.

Non-Propelled Vehicle Axle Exports in Asia

The exports amounted to X tons in 2017, jumping by X% against the previous year. The total exports indicated a prominent expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. The volume of exports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, non-propelled vehicle axle exports totaled $X in 2017. The non-propelled vehicle axle exports continue to indicate a prominent increase. Over the period under review, the non-propelled vehicle axle exports reached its maximum level in 2017, and are expected to retain its growth in the immediate term.

Non-Propelled Vehicle Axle Exports by Country in Asia

China prevails in non-propelled vehicle axle exports structure, recording X tons, which was near X% of total exports in 2017. Turkey (X tons) and India (X tons) occupied the weak share of total exports.

From 2007 to 2017, average annual rates of growth with regard to non-propelled vehicle axle exports from China stood at +X%. At the same time, India (+X%) and Turkey (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of India, Turkey and China decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest non-propelled vehicle axle supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of global exports. It was followed by India, with a X% share.

In China, non-propelled vehicle axle exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Turkey (+X% per year) and India (+X% per year).

Non-Propelled Vehicle Axle Export Prices by Country in Asia

The non-propelled vehicle axle export price in Asia stood at $X per ton in 2017, going up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008, when it surged by X% against the previous year. Over the period under review, the export prices for axles of vehicles which are not mechanically propelled attained its peak figure level of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was India ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other leaders experienced a decline in the export price figures.

Non-Propelled Vehicle Axle Imports in Asia

In 2017, approx. X tons of axles of vehicles which are not mechanically propelled were imported in Asia; going down by -X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. The volume of imports peaked of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, non-propelled vehicle axle imports stood at $X in 2017. The total imports indicated a mild increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the non-propelled vehicle axle imports decreased by -X% against 2014 indices. Over the period under review, the non-propelled vehicle axle imports reached its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Non-Propelled Vehicle Axle Imports by Country in Asia

The countries with the highest levels of non-propelled vehicle axle imports in 2017 were Japan (X tons), South Korea (X tons), Turkey (X tons), China (X tons), Thailand (X tons), Indonesia (X tons), Malaysia (X tons), the United Arab Emirates (X tons), Saudi Arabia (X tons), Iran (X tons), Taiwan, Chinese (X tons) and India (X tons), together amounting to X% of total import.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Turkey ($X) and China ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports. South Korea, the United Arab Emirates, Iran, Indonesia, Malaysia, Thailand, Saudi Arabia, India and Taiwan, Chinese lagged somewhat behind, together accounting for a further X%.

India (+X% per year) experienced the highest rates of growth with regard to imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Non-Propelled Vehicle Axle Import Prices by Country in Asia

The non-propelled vehicle axle import price in Asia stood at $X per ton in 2017, growing by X% against the previous year. The non-propelled vehicle axle import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, an increase of X% y-o-y. Over the period under review, the import prices for axles of vehicles which are not mechanically propelled reached its maximum level of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Turkey ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Taiwan, Chinese (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform