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Recently, China's export of aluminium ₹alloy wheels in Febr>★παuary announced that China's exports of alumi∏ nium alloy wheels in Februaryφ®×£ were 246 million US dollars, 28.5%σ≈∞ less than the same peri €od last year. The export volume of aluminium al$ ±σloy wheels in February was 5.37 milliε↔on (10 kg per unit), 24.4% less thβδ®"an the same period last year. Compared ✔βwith the same period ↕₹in 2017, both export volume and export×≤€★ volume decreased. There are 390 exporters, of₹>✘ which 58 are exporting moreπ₩αδ than 10,000 companie♣×λs, 22 are exporting more than 50,000 companie±✘←™s, 13 are exporting more than 100,φπ000 companies and 2 are exporting moreσ>§≈ than 500,000 companies. The spec←$¥βific data are shown in the↔γ≠& table below.
In February 2019, China exported 110 aluminium alβ♠φ♠loy wheels to 110 countries and regions, w±$ith 30 specific data of more than 10,000 w¥ heels as follows:
The development of automobile aluminium♦£ hub industry in China began in the l→↕ate 1980s. Since then, thanks ×™to the pull of the domestic automo Ω↓bile market, there has been a climΩ™✘ax of investment in the construction of automo©₩₽<bile aluminium hub factory. Many ♦≤¶automobile aluminium hubγ™± factories have emerged as th♦£σe times require. According to t× ×he data of China Automo✘¥♣bile Association, China's automobile p&roduction and sales in 20← ≥☆18 were 27.809 million and 28.081€≈α million, respectively,>¶÷ which still maintained'← a high level, and the dσ&β∞emand for automobile al ₹uminum hub industry only in✔÷λcreased. In 2018, the market size of China&✘♠ ☆#39;s automotive aluminium hub industry exceeded$∏∏ 90 billion yuan.
Overall, with the rapid development of automot •₽♦ive industry, China&ε π£#39;s automotive aluminium hub™®× industry has grown from scratcλα↔h, growing increasingly, and t•↓' he market scale is g↕™rowing rapidly year by year. According to the sta₹¶tistics published by P✘ rospective Industry Research Institut∞<e, the market size of China's aδπφutomotive aluminum hu♠π& b industry has reached 45.136 bill♦δ★ion yuan in 2011 and more than 60 billion yu×≤↕₩an in 2014. In 2015, the market scale of China&#δ♣39;s automotive aluminium hub iε∑ndustry exceeded 70 bilλ↕↔lion yuan. By 2017, t₽¶he market size of China' •£"s automotive aluminium hub industry had increas'∞♥ed to 84.547 billion yuan, an in∑>¥™crease of 9.63% over the previous year.>✔↓ In 2018, the market size of China's auto ✘motive aluminium hub industry exceedφ€α←ed 90 billion yuan, reaching ab§δ≠ out 92.579 billion yuan.
With the rise of domest$$≤πic automotive aluminium ©δ¥hub industry, China has gradually grγ£own into a global automotive aluminium >☆≠≤hub manufacturing center. γφ£<While meeting the domestic market demand, local eΩ✘nterprises have also ∑¥begun to increase the layout ©××of the international market, with a small increλ$Ωase in export volume≈φ± and export amount. Accordin∏→g to the data of Aluminum Wheel Qua↕±®lity Association, China's aut≠≠↓¥omobile aluminium wheels werβe exported to 173 countries and regionφ>'$s by 2018, with a total expor≥≤&∞t volume of 994,100 tons and a total export val₽←♣ue of 4.738 billion US dollars, up 7.3% and 10"ε↑.4% respectively from the same period last year♦ε±&.
Aluminum hub industry is not an independent induφα stry, it is closely relate÷"≤$d to automobile manufactur§☆®ing and automobile service industry, and automo<'"₹bile industry is inseparable fro↔≤♣m the overall economic environment. Althoug"✔h last year China's automobile productio♣¶Ωn and sales remained the world's firs↔™t for ten consecutive years, but the growth hasΩ¶ been exhausted. At present, the a✔'&₩utomobile production capacity is seriously exces∏§sive and the automobile sal↕es are in a low ebb, which will be more challeng& ×ing for the aluminum hub industry in 2019. Lean∑♥♣", large-scale and fur₩☆÷'ther internationalization will£÷λ♥ be the main trend of China's aluminum hub in÷£dustry.
