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Report Eastern Asia - Bodies for Motor Vehicles for the Transporting People - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jan 1, 2025

Eastern Asia - Bodies for Motor Vehicles for the Transporting People - Market Analysis, Forecast, Size, Trends and Insights

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Eastern Asia: Transportation Vehicle Body Market 2025

Transportation Vehicle Body Market Size in Eastern Asia

The East Asian transportation vehicle body market shrank slightly to $X in 2022, waning by -4.4% against the previous year. In general, consumption, however, enjoyed a resilient increase. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Transportation Vehicle Body Production in Eastern Asia

In value terms, transportation vehicle body production declined modestly to $X in 2022 estimated in export price. In general, production posted a prominent increase. The pace of growth was the most pronounced in 2019 with an increase of 42%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Transportation Vehicle Body Exports

Exports in Eastern Asia

In 2022, shipments abroad of bodies for motor vehicles for the transporting people increased by 45% to X units, rising for the third year in a row after two years of decline. Overall, exports enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 126% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, transportation vehicle body exports soared to $X in 2022. In general, exports enjoyed buoyant growth. The growth pace was the most rapid in 2020 with an increase of 152% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

China prevails in exports structure, reaching X units, which was near 96% of total exports in 2022. Japan (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the bodies for motor vehicles for the transporting people exports, with a CAGR of +37.9% from 2012 to 2022. Japan (-24.0%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by +89 percentage points.

In value terms, China ($X) remains the largest transportation vehicle body supplier in Eastern Asia, comprising 96% of total exports. The second position in the ranking was held by Japan ($X), with a 2.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at +36.4%.

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2022, increasing by 41% against the previous year. Overall, the export price recorded a slight expansion. The pace of growth appeared the most rapid in 2016 when the export price increased by 66%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while Japan stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+1.0%).

Transportation Vehicle Body Imports

Imports in Eastern Asia

Transportation vehicle body imports dropped to X units in 2022, with a decrease of -11.8% on 2021 figures. Over the period under review, imports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 179%. As a result, imports reached the peak of X units, and then contracted in the following year.

In value terms, transportation vehicle body imports reduced remarkably to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 84%. As a result, imports reached the peak of $X, and then declined notably in the following year.

Imports by Country

South Korea (X units) and Japan (X units) dominates imports structure, together comprising 97% of total imports. China (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +17.0%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Japan ($X) constitutes the largest market for imported bodies for motor vehicles for the transporting people in Eastern Asia, comprising 80% of total imports. The second position in the ranking was held by China ($X), with an 11% share of total imports.

In Japan, transportation vehicle body imports expanded at an average annual rate of +6.6% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: China (-12.5% per year) and South Korea (+11.9% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per unit, dropping by -23.8% against the previous year. Overall, the import price continues to indicate a noticeable downturn. The growth pace was the most rapid in 2017 an increase of 59% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China constituted the country with the largest volume of transportation vehicle body consumption, comprising approx. 83% of total volume. Moreover, transportation vehicle body consumption in China exceeded the figures recorded by the second-largest consumer, Japan, ninefold. South Korea ranked third in terms of total consumption with a 4% share.
China remains the largest transportation vehicle body producing country in Eastern Asia, comprising approx. 83% of total volume. Moreover, transportation vehicle body production in China exceeded the figures recorded by the second-largest producer, Japan, ninefold. South Korea ranked third in terms of total production with a 4.1% share.
In value terms, China remains the largest transportation vehicle body supplier in Eastern Asia, comprising 94% of total exports. The second position in the ranking was occupied by Japan, with a 5% share of total exports.
In value terms, the largest transportation vehicle body importing markets in Eastern Asia were Japan, China and South Korea, together accounting for 98% of total imports. Hong Kong SAR lagged somewhat behind, accounting for a further 1.7%.
The export price in Eastern Asia stood at $2,251 per unit in 2021, picking up by 3.1% against the previous year.
In 2021, the import price in Eastern Asia amounted to $3,426 per unit, increasing by 16% against the previous year.

This report provides an in-depth analysis of the transportation vehicle body market in Eastern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 29201030 - Bodies for motor cars and other motor vehicles principally designed for the transport of persons (including for golf cars and similar vehicles) (excluding those for transporting . .10 persons)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Eastern Asia, split by region and country
  • Trade (exports and imports) in Eastern Asia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • China
    • Hong Kong SAR
    • Macao SAR
    • Japan
    • South Korea
    • Taiwan (Chinese)
    • Democratic People's Republic of Korea

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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