Report Update: Apr 1, 2024

China - Bodies For Motor Vehicles For The Transporting People - Market Analysis, Forecast, Size, Trends And Insights

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Transportation Vehicle Body Price in China - 2023

Transportation Vehicle Body Price in China (FOB) - 2022

The average transportation vehicle body export price stood at $3,543 per unit in 2022, growing by 41% against the previous year. Over the period under review, the export price, however, saw a mild downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 81% against the previous year. Over the period under review, the average export prices hit record highs at $3,940 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($5,959 per unit), while the average price for exports to Thailand ($176 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 Ukraine (+43.4%), while the prices for the other major destinations experienced more modest paces of growth.

Transportation Vehicle Body Price in China (CIF) - 2022

In 2022, the average transportation vehicle body import price amounted to $27,456 per unit, dropping by -24.3% against the previous year. In general, the import price, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 an increase of 52% against the previous year. As a result, import price attained the peak level of $36,259 per unit, and then shrank sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($60,381 per unit), while the price for South Korea ($6,799 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Transportation Vehicle Body Exports in China

For the fourth consecutive year, China recorded growth in overseas shipments of bodies for motor vehicles for the transporting people, which increased by 49% to 185K units in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 131% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, transportation vehicle body exports skyrocketed to $656M in 2022. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 180%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Transportation Vehicle Body in China (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Iran	39.0	156	216	534	139.2%
Malaysia	10.2	13.2	27.4	29.3	42.2%
India	3.7	11.9	25.6	20.7	77.5%
Russia	2.5	0.1	N/A	19.0	96.6%
Vietnam	N/A	0.1	8.1	9.3	864.4%
Indonesia	N/A	N/A	N/A	6.2	0%
Thailand	10.1	10.6	8.9	1.8	-43.7%
Others	5.2	5.6	24.6	35.4	89.5%
Total	70.8	198	311	656	110.0%

Top Export Markets for Transportation Vehicle Body from China in 2022:

Iran (89.7K units)
Russia (39.0K units)
Vietnam (18.1K units)
Thailand (10.1K units)
India (7.8K units)
Indonesia (7.3K units)
Malaysia (5.4K units)

Transportation Vehicle Body Imports in China

In 2022, the amount of bodies for motor vehicles for the transporting people imported into China shrank rapidly to 208 units, waning by -72.4% against the previous year. In general, imports recorded a dramatic descent. The growth pace was the most rapid in 2021 when imports increased by 66%. As a result, imports attained the peak of 753 units, and then plummeted in the following year.

In value terms, transportation vehicle body imports declined rapidly to $5.7M in 2022. Overall, imports saw a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 153%. As a result, imports reached the peak of $27M, and then dropped notably in the following year.

Import of Transportation Vehicle Body in China (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	6.5	3.2	11.6	3.0	-22.7%
Germany	6.3	4.6	12.7	0.8	-49.7%
United States	1.4	2.1	0.8	0.6	-24.6%
United Kingdom	0.1	0.1	0.4	0.6	81.7%
Spain	N/A	N/A	N/A	0.3	0%
South Korea	0.7	0.3	0.5	0.2	-34.1%
France	N/A	0.3	0.1	0.1	-42.3%
Sweden	0.7	N/A	0.1	N/A	-62.2%
Others	0.5	0.2	1.2	0.1	-41.5%
Total	16.2	10.8	27.3	5.7	-29.4%

Top Suppliers of Transportation Vehicle Body to China in 2022:

United Kingdom (52.0 units)
Japan (50.0 units)
South Korea (31.0 units)
Germany (24.0 units)
Spain (16.0 units)
United States (11.0 units)
France (8.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the transportation vehicle body 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 29201030 - Bodies for motor cars and other motor vehicles principally designed for the transport of persons (including for golf cars and similar vehicles) (excluding those for transporting . .10 persons)

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