China's auto export volume and price fell in 2009

The China Electromechanical Chamber of Commerce Automobile Branch released the 2009 China Auto Export Annual Report on February 8. The data shows that China's auto exports experienced an unprecedented crisis in 2009, and the number of vehicle exports has almost halved compared with the same period of last year. Prices have also fallen.

2009 is a "milestone" year for China's domestic auto industry, but in the international market, China's auto exports have shown a trend of falling prices. In terms of export volume, in 2009, China exported a total of 370,700 sets of complete vehicles and various types of chassis, a year-on-year decrease of 44.7%, and the export value was 5.193 billion US dollars, a year-on-year decrease of 42.6%. Vehicle exports are almost halved from 2008. Especially in January and February last year, China's total automobile exports hit the bottom. Although the export volume in the following months has rebounded, the overall export trend is not the same as that in previous years.

In terms of export prices, in addition to the rebound in the average export price of cars, which was 5% higher than the same period in 2008; the export prices of other models fell, with special vehicles falling the most, down 45% year-on-year.

Judging from the structural distribution of export regions, in 2009, China's auto exports to 190 countries and regions in the world, the top three countries in exports are Algeria, Vietnam and Iran. In 2008, Saudi Arabia and Russia, the main destinations of China's vehicle exports, did not appear in the top ten. The rankings of other countries also changed significantly.

In addition, in 2009, companies that exported a large number of vehicles in the form of general trade include Chery Automobile Co., Ltd., Great Wall Motor Co., Ltd., Hafei Automobile Co., Geely Automobile Co., Ltd., Chongqing Chunan Import and Export Corporation, Shaanxi Heavy Vehicle Co., Ltd., China FAW Import and Export Company, Anhui Jianghuai Automobile Company, Huachen Jinbei Automobile Co., Ltd., Suzhou United Automobile Industry (Suzhou) Co., Ltd., Xiamen Jinlong United Automobile Industry Co., Ltd., Yutong Bus Co., Ltd., Foton Motor Co., Ltd., Zhongtong Bus Holding Co., Ltd. Ltd. etc. According to statistics, the top ten enterprises accounted for 40% of total exports, but the export volume of each company was larger than the same period of the previous year. "It can be seen that in the face of the international financial crisis, enterprises have to face the export difficulties brought about by the shrinking market. The overseas market strategy formulated by many enterprises when they exported well a year ago has also been forced to make adjustments." Yang Aiguo, an expert from the China Electromechanical Chamber of Commerce, said.

Yang Aiguo believes that whether it is from the export data or from the export confidence reflected by the company, it shows that China's auto exports are experiencing a painful adjustment process. Fortunately, from the statistics, China's auto exports showed a significant rebound in the three months of the fourth quarter of 2009. In December, exports reached 43,812, the highest in the year. “This indicates that China's autos in 2010. Exports will start well, and the shrinking of the international auto market will improve."
 

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