Report Update: Apr 1, 2024

China - Built-In Jacking Systems Of A Type Used In Garages For Raising Vehicles - Market Analysis, Forecast, Size, Trends And Insights

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Built-in Jacking System Price in China - 2023

Built-in Jacking System Price in China (FOB) - 2022

In 2022, the average built-in jacking system export price amounted to $571 per unit, dropping by -17.7% against the previous year. In general, the export price, however, recorded strong growth. The pace of growth was the most pronounced in 2016 an increase of 88%. The export price peaked at $1,029 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($1,738 per unit), while the average price for exports to Hungary ($22 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+317.3%), while the prices for the other major destinations experienced more modest paces of growth.

Built-in Jacking System Price in China (CIF) - 2022

In 2022, the average built-in jacking system import price amounted to $5,556 per unit, with an increase of 162% against the previous year. Overall, the import price posted noticeable growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,974 per unit), while the price for the United States ($1,402 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+57.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Built-in Jacking System Exports in China

Built-in jacking system exports from China reduced remarkably to 7.8K units in 2022, falling by -46.8% on 2021. In general, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 22%. As a result, the exports reached the peak of 15K units, and then reduced rapidly in the following year.

In value terms, built-in jacking system exports fell markedly to $4.5M in 2022. Overall, exports recorded a dramatic decrease. The smallest decline of -11% was in 2020. Over the period under review, the exports reached the peak figure at $13M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Built-in Jacking System in China (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	2,631	1,625	2,119	2,511	-1.5%
United States	5,370	6,121	4,555	766	-47.8%
Thailand	698	456	424	240	-29.9%
Iraq	6.1	7.3	9.2	185	211.9%
Canada	1,218	1,052	813	50.4	-65.4%
India	285	407	67.0	42.2	-47.1%
United Arab Emirates	418	N/A	20.6	41.6	-53.7%
Nigeria	10.5	4.2	39.5	34.2	48.2%
Hungary	N/A	N/A	54.5	19.3	-64.6%
Philippines	913	356	393	N/A	-34.4%
Others	1,864	1,902	1,704	577	-32.4%
Total	13,413	11,931	10,199	4,467	-30.7%

Top Export Markets for Built-in Jacking System from China in 2022:

Iraq (2734.0 units)
Japan (1445.0 units)
United States (1249.0 units)
Hungary (893.0 units)
Thailand (222.0 units)
United Arab Emirates (192.0 units)
Nigeria (140.0 units)
India (105.0 units)
Canada (42.0 units)

Built-in Jacking System Imports in China

In 2022, overseas purchases of built-in jacking systems of a type used in garages for raising vehicles decreased by -18.3% to 49 units, falling for the second year in a row after two years of growth. In general, imports showed a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 28%. As a result, imports attained the peak of 82 units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, built-in jacking system imports skyrocketed to $272K in 2022. Over the period under review, imports, however, enjoyed a perceptible expansion. Over the period under review, imports hit record highs at $417K in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Import of Built-in Jacking System in China (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	4.3	48.4	19.4	244	284.3%
Netherlands	61.3	14.4	84.0	21.1	-29.9%
United States	0.9	N/A	2.5	7.0	98.1%
United Kingdom	0.1	N/A	21.3	N/A	1359.5%
Italy	179	354	N/A	N/A	97.8%
Others	1.5	N/A	N/A	N/A	0%
Total	247	417	127	272	3.3%

Top Suppliers of Built-in Jacking System to China in 2022:

Germany (35.0 units)
Netherlands (9.0 units)
United States (5.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the built-in jacking system market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28221330 - Built-in jacking systems of a type used in garages for raising vehicles

Country coverage:

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023