2022 Industry News
In 2021, the import and export volume of China's auto and motorcycle parts industry will continue to increase by more than 40% in the context of the post-epidemic era.
This is due to the timely introduction of the epidemic prevention policy by the Chinese government, so it can be predicted that the auto and motorcycle parts industry will continue to grow in 2022.
But we should also see the downside:
1. Continued growth in freight costs and high transportation costs cause our company has accumulated a large amount of inventory..
2. The price of raw materials has risen, which has led to rising prices of upstream supply commodities, and metal materials such as aluminum and copper have been out of stock for a long time. Our motorcycle headlights, motorcycle turn signals, motorcycle modified aluminum parts are seriously out of stock, and the delivery time is extended.
3. Due to the epidemic prevention and control, the delivery time has been extended. The normal delivery time of our company is 10-15 days, but now it takes 25-40 days. Funding cycle is slow.
4. Fluctuations in exchange rates and appreciation of the Renminbi increase the selling price of products in disguise.
The above factors have varying degrees of influence on factories and businesses in all auto and motorcycle parts industries. But I believe that after the epidemic, we will be better.