Eastern Asia: Non-Propelled Vehicle Axle Market 2020

Non-Propelled Vehicle Axle Market Size in Eastern Asia

The revenue of the non-propelled vehicle axle market in Eastern Asia amounted to $X in 2017, surging by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2008, when market value increased by X% y-o-y. The level of non-propelled vehicle axle consumption peaked in 2017, and is expected to retain its growth in the immediate term.

Non-Propelled Vehicle Axle Production in Eastern Asia

The non-propelled vehicle axle production totaled X tons in 2017, jumping by X% against the previous year. The total output 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. Based on 2017 figures, the non-propelled vehicle axle production increased by +X% against 2009 indices. The growth pace was the most rapid in 2011, when the output figure increased by X% year-to-year. The volume of non-propelled vehicle axle production peaked in 2017, and is expected to retain its growth in the immediate term.

Non-Propelled Vehicle Axle Exports in Eastern Asia

In 2017, exports of axles of vehicles which are not mechanically propelled in Eastern Asia totaled X tons, jumping by X% against the previous year. The non-propelled vehicle axle exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. The volume of exports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, non-propelled vehicle axle exports totaled $X in 2017. The non-propelled vehicle axle exports continue to indicate a prominent expansion. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Non-Propelled Vehicle Axle Exports by Country in Eastern Asia

In 2017, China (X tons) represented the main exporters of axles of vehicles which are not mechanically propelled in Eastern Asia, generating X% of total export.

China was also the fastest growing in terms of the axles of vehicles which are not mechanically propelled exports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of China decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest non-propelled vehicle axle supplier in Eastern Asia.

From 2007 to 2017, the average annual growth rate of value in China totaled +X%.

Non-Propelled Vehicle Axle Export Prices by Country in Eastern Asia

In 2017, the non-propelled vehicle axle export price in Eastern Asia amounted to $X per ton, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008, when it surged by X% y-o-y. The level of export price peaked of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

As there is only one major export destination, the average price level is determined by export prices for China.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year).

Non-Propelled Vehicle Axle Imports in Eastern Asia

In 2017, the amount of axles of vehicles which are not mechanically propelled imported in Eastern Asia totaled X tons, waning by -X% against the previous year. The total imports indicated a slight increase 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. Based on 2017 figures, the non-propelled vehicle axle imports decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2010, when imports increased by X% year-to-year. Over the period under review, the non-propelled vehicle axle imports attained its peak figure volume of X tons in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, non-propelled vehicle axle imports amounted to $X in 2017. The total imports indicated a strong 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 increased by +X% against 2009 indices. Over the period under review, the non-propelled vehicle axle imports reached its peak figure level in 2017, and are expected to retain its growth in the near future.

Non-Propelled Vehicle Axle Imports by Country in Eastern Asia

In 2017, Japan (X tons), South Korea (X tons) and China (X tons) were the main importers of axles of vehicles which are not mechanically propelled in Eastern Asia, making up X% of total import. Taiwan, Chinese (X tons) took a X% share (based on tons) of total imports, which put it in second place, followed by China, Hong Kong SAR (X%).

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

In value terms, the largest non-propelled vehicle axle markets worldwide were Japan ($X), China ($X) and South Korea ($X), with a combined X% share of total imports.

South Korea (+X% per year) experienced the highest growth rate of 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 Eastern Asia

In 2017, the non-propelled vehicle axle import price in Eastern Asia amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, an increase of X% year-to-year. The level of import price peaked of $X per ton in 2013; however, from 2014 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 Japan ($X per ton), while China, Hong Kong SAR ($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