China: Non-Propelled Vehicle Market 2025

Non-Propelled Vehicle Market Size in China

The Chinese non-propelled vehicle market reduced notably to $X in 2021, with a decrease of -20.1% against the previous year. In general, consumption showed a noticeable decrease. Non-propelled vehicle consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Non-Propelled Vehicle Production in China

In value terms, non-propelled vehicle production fell to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the production volume increased by 7.2%. Over the period under review, production reached the peak level at $X in 2020, and then declined in the following year.

Non-Propelled Vehicle Exports

Exports from China

For the fifth consecutive year, China recorded growth in shipments abroad of vehicles not mechanically propelled, which increased by 14% to X units in 2021. In general, total exports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +132.6% against 2016 indices. The pace of growth was the most pronounced in 2018 with an increase of 69%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, non-propelled vehicle exports surged to $X in 2021. Overall, total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +92.5% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for non-propelled vehicle exports from China, with a 28% share of total exports. Moreover, non-propelled vehicle exports to the United States exceeded the volume sent to the second major destination, Japan (X units), fivefold. The third position in this ranking was taken by Germany (X units), with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+1.7% per year) and Germany (+8.3% per year).

In value terms, the United States ($X) remains the key foreign market for non-propelled vehicle exports from China, comprising 31% of total exports. The second position in the ranking was taken by Japan ($X), with a 7.7% share of total exports. It was followed by the UK, with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+4.1% per year) and the UK (+8.0% per year).

Export Prices by Country

In 2021, the average non-propelled vehicle export price amounted to $X per unit, with an increase of 16% against the previous year. Overall, export price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-propelled vehicle export price increased by +23.0% against 2018 indices. The pace of growth appeared the most rapid in 2016 when the average export price increased by 38% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Propelled Vehicle Imports

Imports into China

In 2021, supplies from abroad of vehicles not mechanically propelled was finally on the rise to reach X units for the first time since 2016, thus ending a four-year declining trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 56% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, non-propelled vehicle imports expanded modestly to $X in 2021. Overall, imports, however, saw a slight decrease. The pace of growth appeared the most rapid in 2018 with an increase of 24% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X units) constituted the largest supplier of non-propelled vehicle to China, with a 39% share of total imports. Moreover, non-propelled vehicle imports from the United States exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold. Spain (X units) ranked third in terms of total imports with a 9.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+8.1% per year) and Spain (-0.0% per year).

In value terms, the largest non-propelled vehicle suppliers to China were Japan ($X), the United States ($X) and Germany ($X), together accounting for 64% of total imports. These countries were followed by South Korea, Italy, Taiwan (Chinese), Spain and Vietnam, which together accounted for a further 13%.

In terms of the main suppliers, Vietnam, with a CAGR of +20.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-propelled vehicle import price stood at $X per unit in 2021, shrinking by -8.4% against the previous year. Over the period under review, the import price recorded a mild shrinkage. The pace of growth appeared the most rapid in 2017 when the average import price increased by 56% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Japan ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+1,031.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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