Proportion of Export Volume in Output Rises in the First Half of 2011
2011-08-16 Source：www.chinabuses.org:
Summarize：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.
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.
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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
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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.
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Form 3: Commercial Vehicle Export from 2009 to the First Half of 2011
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|
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
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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.
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