Sep.2024 20
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Sales of automotive parts in the first half of 2024

Introduction
In 2024, China's auto parts market is expected to achieve growth driven by multiple factors such as industrial integration, technological innovation, global procurement, industrial clustering, and aftermarket development. The specific sales volume is currently difficult to determine. However, the demand for intelligent and electrified parts and the aftermarket is on the rise.
Details
Judging from the semi-annual reports of some enterprises, some auto parts enterprises have good performance. For example, in the first half of 2024, Yosun Precision's auto parts products sold for 143.506 million yuan, an increase of 24.88% year-on-year. In the first half of 2024, Ningbo Tianlong Electronic Co., Ltd. sold 165,695,399 precision plastic auto parts, with operating income of 498,380,033.80 yuan.

In terms of the overall export of the industry, according to data from the General Administration of Customs, in the first half of 2024, China's auto parts export volume reached 324.6 billion yuan. Auto parts have become an important export category of China's cross-border e-commerce.

In general, there is still certain development space in the auto parts market in 2024, but it also faces many challenges, such as intensified industry competition and changes in the international trade environment. If you want to know more accurate sales data of auto parts in 2024, it is recommended to pay attention to the information released later by relevant industry associations, statistical departments or enterprises.