China - Vehicles Not Mechanically Propelled - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Propelled Vehicle Price in China - 2023
Contents:
- Non-Propelled Vehicle Price in China (FOB) - 2023
- Non-Propelled Vehicle Price in China (CIF) - 2022
- Non-Propelled Vehicle Exports in China
- Non-Propelled Vehicle Imports in China
Non-Propelled Vehicle Price in China (FOB) - 2023
In June 2023, the average non-propelled vehicle export price amounted to $29.2 per unit, with a decrease of -6.8% against the previous month. Over the period under review, the export price saw a slight decline. The growth pace was the most rapid in September 2022 an increase of 10% month-to-month. As a result, the export price reached the peak level of $38.0 per unit. From October 2022 to June 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Canada ($48.8 per unit), while the average price for exports to Russia ($14.8 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Propelled Vehicle Price in China (CIF) - 2022
The average non-propelled vehicle import price stood at $179 per unit in 2022, therefore, remained relatively stable against the previous year. In general, the import price, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 78%. The import price peaked at $180 per unit in 2021, and then reduced modestly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($571 per unit), while the price for Spain ($36 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Propelled Vehicle Exports in China
For the fourth year in a row, China recorded growth in overseas shipments of vehicles not mechanically propelled, which increased by 13% to 68M units in 2022. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 65% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.
In value terms, non-propelled vehicle exports stood at $2.2B in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Non-Propelled Vehicle in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 451 | 503 | 676 | 719 | 16.8% |
| Japan | 128 | 128 | 167 | 167 | 9.3% |
| Australia | 62.1 | 71.7 | 93.6 | 106 | 19.5% |
| Germany | 92.0 | 90.4 | 113 | 103 | 3.8% |
| Netherlands | 76.5 | 86.9 | 117 | 85.9 | 3.9% |
| Canada | 48.2 | 56.7 | 65.0 | 85.3 | 21.0% |
| United Kingdom | 58.1 | 82.5 | 121 | 83.9 | 13.0% |
| South Korea | 38.8 | 50.0 | 72.8 | 65.0 | 18.8% |
| Malaysia | 28.5 | 31.8 | 48.7 | 59.5 | 27.8% |
| France | 37.9 | 31.1 | 46.2 | 41.6 | 3.2% |
| Spain | 20.3 | 19.6 | 27.2 | 24.9 | 7.0% |
| Italy | 23.4 | 20.4 | 29.6 | 21.1 | -3.4% |
| Russia | 26.4 | 25.7 | 24.6 | 21.0 | -7.3% |
| Others | 412 | 437 | 566 | 616 | 14.3% |
| Total | 1,504 | 1,635 | 2,168 | 2,198 | 13.5% |
Top Export Markets for Non-Propelled Vehicle from China in 2022:
- United States (21.1M units)
- Japan (4.3M units)
- Germany (3.7M units)
- Netherlands (3.0M units)
- South Korea (2.8M units)
- Australia (2.7M units)
- United Kingdom (2.5M units)
- Canada (2.2M units)
- France (2.2M units)
- Spain (1.5M units)
- Malaysia (1.4M units)
- Russia (1.2M units)
- Italy (1.0M units)
Non-Propelled Vehicle Imports in China
After two years of decline, overseas purchases of vehicles not mechanically propelled increased by 11% to 157K units in 2022. Overall, imports, however, recorded a dramatic setback. Over the period under review, imports reached the peak figure at 340K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, non-propelled vehicle imports expanded markedly to $28M in 2022. Over the period under review, imports, however, showed a abrupt downturn. Imports peaked at $38M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Non-Propelled Vehicle in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.3 | 4.4 | 5.1 | 7.6 | -6.5% |
| Japan | 8.1 | 3.5 | 6.6 | 5.6 | -11.6% |
| Germany | 4.2 | 3.0 | 2.7 | 2.8 | -12.6% |
| South Korea | 4.6 | 3.6 | 1.1 | 1.4 | -32.7% |
| Thailand | 1.4 | 0.6 | 0.5 | 1.3 | -2.4% |
| France | 1.5 | 0.9 | 0.8 | 0.8 | -18.9% |
| Denmark | 0.1 | N/A | 0.3 | 0.7 | 91.3% |
| Netherlands | 0.6 | 0.8 | 0.3 | 0.6 | 0.0% |
| Italy | 0.6 | 0.4 | 0.8 | 0.5 | -5.9% |
| Sweden | 0.3 | 0.3 | 0.5 | 0.3 | 0.0% |
| Spain | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
| Vietnam | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Taiwan (Chinese) | 1.2 | N/A | N/A | N/A | 0% |
| Others | 5.6 | 7.4 | 6.4 | 6.2 | 3.5% |
| Total | 37.9 | 25.1 | 25.4 | 28.2 | -9.4% |
Top Suppliers of Non-Propelled Vehicle to China in 2022:
- United States (76.6K units)
- Germany (11.9K units)
- Japan (9.8K units)
- Spain (5.1K units)
- South Korea (4.2K units)
- Sweden (4.0K units)
- Denmark (3.9K units)
- Italy (3.3K units)
- Thailand (3.3K units)
- Vietnam (2.4K units)
- Netherlands (2.2K units)
- France (2.2K units)
This report provides an in-depth analysis of the non-propelled vehicle 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 30991000 - Vehicles not mechanically propelled including industry trolleys, barrows, luggage trucks, hopper-trucks, hand pulled golf trolleys excluding shopping trolleys
Country coverage:
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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