Proportion of Export Volume in Output Rises in the First Half of 2011

16 August 2011

www.chinabuses.org: According to the data from CAAM and Customs, the output of vehicles in the first half of this year was 9.156 million units, year-on-year rises of 2.5%; 0.3761 million units were exported (year-on-year rises of 50.22%), accounting for 4.1% of output, obviously exceeding that of the last two years. In 2009, 13.791 million vehicles were produced and 0.37 million units were exported (year-on-year rises of 45.7%), accounting for 2.7% of output and in 2010, 18.2647 million vehicles were produced and 0.5667 units were exported (year-on-year rises of 53.1%), accounting for 3.1% of output.

 

Form 1: Vehicle Export from 2009 to the First Half of 2011

Time

Target

Volume

Output

Export Volume

Proportion

Export Value

Export Average Price

The first half of 2011

Volume

9.156 million

0.3761 million

4.1%

4.6 billion

12,231

Year-on-year

Rise

2.5%

50.2%

/

46.7%

/

2010

Volume

18.2647 million

0.5667 million

3.1%

6.984 billion

12,324

Year-on-year

Rise

32.4%

53.1%

/

34.6%

/

2009

Volume

13.791 million

0.37 million

2.7%

5.19 billion

14,027

Year-on-year

Rise

48.3%

45.7%

/

46.1%

/

Sources: CAAM and Customs


However, export average price kept declining: export value in 2009 was 5.19 billion dollars (year-on-year -46.10%), average price was 14 thousand dollars, RMB 90.3 thousand Yuan; 6.984 billion dollars in 2010 (year-on-year rises of 34.56%), average price was 12.3 thousand dollars, RMB 79.3 thousand Yuan; 4.6 billion dollars in the first half of this year (year-on-year rises of 46.68%), average price was 12.2 thousand dollars, RMB 78.7 thousand Yuan.


Export of Commercial Vehicles


Commercial vehicles were exported 173.1 thousand units in the first half of this year, year-on-year rises of 29.27%, accounting for 8.2% of output (2.1111 million units). 217 thousand units and 284.3 thousand units were exported respectively in 2009 and 2010, accounting for 6.4% and 6.5% of output.

 

Form 3: Commercial Vehicle Export from 2009 to the First Half of 2011

Time

Target Volume

Output

Export Volume

Proportion

Export Value

Export Average Price

The first half of 2011

Volume

2.1111

million

0.1731

million

8.2%

3.212 billion

18,556

Year-on-year

Rise

6.1%

29.3%

/

36.3%

/

2010

Volume

4.3676

million

0.2843 million

6.5%

5.123 billion

18,020

Year-on-year

Rise

28.2%

31.0%

/

25.3%

/

2009

Volume

3.4072 million

0.217 million

6.4%

4.088 billion

18,839

Year-on-year

Rise

33%

40.12%

/

42.99%

/

Sources: CAAM and Customs


From 2009 to the first half of 2011, like passenger vehicles, export average price of commercial vehicles rose after decline. Export value of commercial vehicles in 2010 was 5.123 billion dollars (year-on-year rises of 25.3%), with average price declining from 18.8 thousand dollars (RMB 121.2 thousand Yuan) in 2009 to 18 thousand dollars (RMB 116 thousand Yuan). Export value of commercial vehicles in the first half of this year was 3.212 billion dollars (year-on-year rises of 36.3%) with average price rising to 18.6 thousand dollars (RMB 119.4 thousand Yuan).


Conclusion:


We can see that the proportion of export volume in total output in the first half of this year was higher than that in 2009 and 2010 and average price of commercial vehicles also rose.


Comparing with 2009 and 2010, one obvious difference of export structure in the first half of this year was export volume (203 thousand units) of passenger vehicles exceeded that (173.1 thousand units) of commercial vehicles, however, export value and average price of passenger vehicles were lower, which were 1.389 billion dollars and 6842 dollars, only 43.2% and 36.9% of those of commercial vehicles. Therefore, although average price of passenger vehicles and commercial vehicles in the first half of this year exceeded those of 2010, the overall average price declined.

 

Source : www.chinabuses.org:

Editor : Song

Views:3274

Tags: commercial vehicles passenger vehicles export

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