China aluminum alloy wheel export value up nearly 10% in June

China’s export value of aluminum alloy wheels reached 336 million US dollars in June 2012, up 9.8% year on year.

The country delivered 72,400 metric tons of such wheels to overseas markets in June, a slight increase of 3.1% year on year, with average price at 4.64 US dollars per kilogram, up 0.28 US dollars/km from the same period of last year.

In January-June,China’s aluminum alloy wheel exports gained 5.6% year on year to 403,600 metric tons, valued at 1.896 billion US dollars, a surge of 13.9% over the corresponding period of 2011. The average price stood at 4.70 US dollars/kg, 0.34 US dollars/kg more than a year earlier.

China’s domestically produced alloy wheels were sold to 167 countries or regions around the world in the first half of this year.

The following is a table specifying the top 20 destinations ofChina’s aluminum alloy wheel exports:

During the first half of this year, the value of alloy wheels exported to the above 20 countries or regions totaled 1.710 billion US dollars, accounting for 90.2% ofChina’s total alloy wheel exports during the period.

Also in the first six months of 2012, there were a total of 2,201 tire makers that delivered alloy wheels to overseas markets.

The following table shows the Top 20 domestic tire manufacturers in terms of alloy wheel exports in January-June:

The above 20 enterprises realized combined export value of 1.021 billion US dollars in the first half of this year, accounting for 53.8% of China’s total aluminum alloy wheel exports, while the Top 100 wheel exporting enterprises posted combined export value of 1.656 billion US dollars during the period, representing 87.3% of China’s total.

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