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2022 China aluminum alloy wheel market demand status analysis OEM market as the main sales channel

Core data of this article: global and Chinese wheel sales, average price of aluminum alloy wheels

Aluminum oem forged wheels have obvious advantages

Automotive wheels can be divided into aluminum alloy wheels and steel wheels according to the different materials used.

At present, aluminum alloy wheels have become the mainstream product in the wheel market with the advantages of light weight, high fuel efficiency, excellent heat dissipation and good vibration resistance.

2017-2021, the global wheel sales decreased from 573 million to 482 million, of which the proportion of sales of aluminum alloy automotive wheels has always been maintained at about 73%.

In the Chinese market, the share of aluminum alloy automotive wheels is much higher, and the sales of both wheels and aluminum alloy wheels in China show a decreasing trend from 2017-2021, but the proportion of aluminum alloy wheels increases from 75% to 79%.

in 2021, the sales of wheels and aluminum alloy wheels in China are 256 million and 203 million, respectively.

OEM market as the main sales channel

The sales channel of China’s wheel market can be mainly divided into OEM (original equipment manufacturer) and aftermarket, and the OEM market has been the main sales market of aluminum alloy wheels from 2017 to 2021, and in 2021, the sales of aluminum alloy wheels in China’s OEM market will be 186.3 million units, while the sales of aluminum oem forged wheels in the aftermarket will be only 16.2 million units.

As an important player in the world auto market, China actively participates in the international auto parts competition, and all major Chinese auto wheel manufacturers have already achieved the export of their products at present.

However, by sales place, due to the huge market demand, the main sales place of aluminum alloy wheels in China is still domestic.

106 million aluminum alloy wheels will be sold domestically in China in 2021, and 96.1 million wheels will be exported.

Higher prices in the aftermarket

In terms of price, from 2017 to 2021, the price of aluminum oem forged wheels in the aftermarket in China is higher and on an upward trend, at USD 64.6 per unit in 2021; the price of aluminum alloy wheels in the OEM market is lower and on a downward trend, at USD 35.2 per unit in 2021.

 

 

август 14, 2022