Epoxy curing agent Market Who will win the title of “King of Cars Going to Sea” in 2023?

Who will win the title of “King of Cars Going to Sea” in 2023?

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2022China’s global auto export data released: Japan first, China second, Germany third. Among them, China’s auto export volume was 3.11 million vehicles, second only to Japan’s 3.5 million vehicles. However, according to the growth rate far exceeding that of Japan, according to the data released by the China Automobile Association, China’s total automobile exports in 2022 will increase by 54.4% year-on-year, while Japan’s automobile exports in 2022 will decrease by 8% year-on-year. One ​​increase and one decrease Between China and Japan, the gap between China and Japan is getting smaller and smaller. According to this momentum, China may surpass Japan in 2023 and become the world’s largest car exporter. In addition, in January 2023, the export performance of China’s complete automobiles is remarkable. According to data from the China Association of Automobile Manufacturers, the export volume of China’s complete automobiles in January reached 301,000 units, a year-on-year increase of 30.1%. Only 256,000.

From the perspective of China’s annual development, the production and sales of automobiles in 2022 will be 27.021 million and 26.864 million respectively, a year-on-year increase of 3.4% and 2.1%, continuing the growth trend of last year. Automobile exports continue to maintain a high level , set monthly record highs repeatedly. Since August, the average monthly export volume has exceeded 300,000 vehicles, and the annual export volume has exceeded 3 million vehicles, effectively driving the overall growth of the industry. Chinese brands have performed brilliantly.

In recent years, the Japanese auto industry has indeed shown weakness. According to a report by Japan’s Kyodo News Agency on January 31, Japan’s eight major car manufacturers announced on January 30 that the domestic production in Japan in 2022 will be 7,386,544 vehicles, a decrease of 0.1% from 2021. This is the fourth consecutive year that the domestic output of Japan’s eight major automakers has decreased, and the leading Toyota Motor has hit a new low. In fact, the automobile industry has been regarded as the most capable industry in Japan.

Data source: Japan Automobile Manufacturers Association

From 2021, China will achieve a trade surplus for the first time in the field of automobiles and their parts, with a surplus of 33.6 billion U.S. dollars; in 2022, it will further increase the value of 70 billion U.S. dollars, a year-on-year increase of more than double. This also shows that China’s auto exports do not rely on so-called assembly exports (imported parts, export of complete vehicles), but many auto parts have been completely produced by the domestic supply chain, and the auto parts that can be produced in China (including Core components) are more and more. This means that China’s auto industry has changed from losing money externally in the past to making money externally, and the scale of making money is getting bigger and bigger: in 2022, the scale of making money will reach 70 billion US dollars (about 500 billion yuan). It can exceed 100 billion US dollars, and it can break through 150 billion US dollars (about 1 trillion yuan) before 2025.

In this relatively favorable environment both internally and externally, Chinese auto companies have adopted a strategy of going out, going in, and going up in a timely manner, making China’s auto exports finally usher in an explosive period. In the future, China’s auto exports will maintain a strong growth momentum. Of course, there will be many challenges in this process. For example, some developed countries will take anti-globalization measures to suppress, but this will not change the rapid development of China’s auto exports. In 2023, the largest country in auto exports may become Change of owner.

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