China aluminum alloy wheel export value up 11.1% in January-August

In January-August,China’s aluminum alloy wheel exports gained 6.2% year on year to 555,500 metric tons, valued at 2.589 billion US dollars, a surge of 11.1% over the corresponding period of 2011. The average price stood at 4.66 US dollars/kg, 0.20 US dollars/kg more than a year earlier.

China’s export value of aluminum alloy wheels reached 355 million US dollars in August 2012.

The country delivered 78,300 metric tons of such wheels to overseas markets in August, with average price at 4.53 US dollars per kilogram.

China’s domestically produced alloy wheels were sold to 171 countries or regions around the world in the first eight months of this year. 

The following is a table specifying the top 30 destinations ofChina’s aluminum alloy wheel exports:

During the first eight months of this year, the value of alloy wheels exported to the above 30 countries or regions totaled 2.441 billion US dollars, accounting for 94.3% of China’s total alloy wheel exports during the period.

Also in the first eight months of 2012, there were a total of 2,630 tire makers that delivered alloy wheels to overseas markets.

The following table shows the Top 30 domestic tire manufacturers in terms of alloy wheel exports in January-August: 

The above 30 enterprises realized combined export value of 1.658 billion US dollars in the first eight months of this year, accounting for 64.0% of China’s total aluminum alloy wheel exports, while the Top 100 wheel exporting enterprises posted combined export value of 2.232 billion US dollars during the period, representing 86.2% of China’s total.

(Contributed by Olivia, olivia@tireworld.com.cn)