Aluminum wheels market should integrate & set up industrial groups

Recent years aluminium wheels have been regarded as key exported auto parts & components, which drew much attention form the public. Products from well-operated Aluminum wheel companies are mainly sold overseas. Some enterprises provide direct supply for Volkswagen Slovakia, Toyota and passed U.S.A QS9000 certification & Germany VKA6.1 certificate, brought in global procurement supporting system. In 2001, Chinese exports of aluminum auto wheels reached 3500,000 with a sales profit of 120 million U.S. dollars. The products were mainly exported to United States, Japan, South Korea, Australia, Middle East, Europe, etc. U.S.A enjoyed largest share of the exports. The standard varieties ranges from 14inch to 22 inch. There were about more than 300 part No, which could fully satisfy the need of global varied auto models.
Aluminium alloy motor wheel is another big series of aluminium wheels. Its annual profit is about 1.47 billion. Recent years Chinese motor wheel CKD re-parts have been sold in large quantities to Vietnam, Indonesia, Nigeria, Argentina, etc.

Just like other kind of aluminum processing products, the prices of our aluminium wheels have experienced hign-to-low development. Presently the prices have integrated with international prices. A small wheel creates a large market.

Market:  The prospect is bright, exports is strong, but price competition cant be ignored.
In general, the future of domestic aluminum wheels is hopeful, but price competition is more and more fierce. Resources should be integrated, design R & D should be enhanced and industrial groups should be set up.

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