DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/c69f9f/global_and_china_a) has announced the addition of the "Global and China Automotive Aluminum Wheel Industry Report, 2010-2011" report to their offering.
In 2010, the global aluminum wheel output reached about 200 million, up 25.9% from 159 million in 2009. It is expected that the output in 2011 will be 216.6 million, up 8.3%. China's aluminum wheel output surged by 52% from 65.6 million in 2009 to 99.80 million.
The aluminum wheel output of the European Union in 2010 was about 35 million, accounting for 17.5% of the global output instead of the previous 21%. However, the output was still 6.7% more than that in 2009.
The output of North America was 26.2 million, roughly the same with that in 2009. Superior witnessed a growth rate of 54%, HAYES LEMMERZ began to gain profit instead of suffering losses.
Japan's output reached 25.90 million, down 16% from 2009. Due to the cost pressure from Chinese enterprises, Japanese companies had to purchase more wheels from China.
The anti-dumping measures of the European Union didn't enter into force until October 28, 2010, so they did not affect the financial results of enterprises too much in 2010, but they will do so in 2011. Accounting for 12-14% of China's aluminum wheel export market, the European Union market is of significance. The steel wheel anti-dumping measures taken by the United States recently exerted only a little effect. In 2010, the United States imported 2.755 million steel wheels from China with the value of USD80.44 million only.
If the United States files aluminum wheel anti-dumping charges, the consequences will be very serious. In 2010, China exported the aluminum wheels valued about USD1.4 billion to the United States, accounting for more than 50% of Chinese export market; in the United States, the tariff on aluminum wheel was only 1.5%. However, American aluminum wheel manufacturers mainly produce high-end products, and the average unit price is much higher than that of Chinese products. Chinese manufacturers and American rivals do not compete in the same field, so it is not likely that the United States will file anti-dumping charges.
Key Topics Covered:
1. Global Automobile Market and Manufacturers
2. Chinese Automobile Market and Manufacturers
3. Global and China Wheel Market and Industry
4. Aluminum Wheel Manufacturers
5. Steel Wheel Manufacturers
6. Other Wheel Manufacturers
Companies Mentioned:
- CITIC Dicastal
- Dicastal-Xinglong
- Sanmenxia Dicastal
- Lizhong Wheel
- Jinfei Machinery
- Huatai
- Dongfeng Huatai Tianmen Aluminum Alloy Wheel
- Hua Tai (Jiang Men) Aluminum Products
- Lioho Machinery
- Kunshan Liufeng Machinery
- Lioho Light Metal (Kun Shan)
- Hunan Lioho Changfeng Light Metals
- Foshan Nanhai Zhongnan Aluminum Wheel
- Zhejiang Wanfeng Auto Wheel
- Dare Wheel Manufacturing
- P & W Group
- Shanghai Jinheli Aluminum Wheel Hub Manufacture
- Dongling
- ALCOA
- Hayes Lemmerz
- ENKEI
- Central Motor Wheel
- Topy
- Accuride
- Superior Industries International
- Borbet
- Uniwheel
- Ronal
- YHI
- Asahi Tec
- KWC
- Donghwa Casting
- DongFeng Automotive Wheel
- China Zenix Auto International
- Faway Automobile Components
- Shandong Xingmin Wheel
- Zhejiang Jingu
- Seyen Heavy Industries
- Zhejiang Yongle Aluminum Wheel
- Wuxi Chenhwat Almatech
- Xiamen Mingxing
- Kosei Aluminium
- Chongqing Jieli
- Tai Long
- Sanmenxia Jiashi
- Tianyang
- Nanhai Anchi
- Shuguang
- Yueling
- Mingqi
For more information visit http://www.researchandmarkets.com/research/c69f9f/global_and_china_a