Vehicle demand increased Spark Plug
China's automobile production in 2006, sales reached 7279700 and 7216000, an increase of 27.32% and 25.13%. 2007 vehicle production is expected to reach 8.5 million. In fact, only 8.5 million more in 2006 than 1.2 million, and the growth rate is about 16%, than in 2006 is not the speed. Vehicle Population in 2006 is expected to amount 39 million on the basis of the 2010 reached 77 million.
Motorcycle production in China in 2006 about 21 million Taiwan (domestic sales of 14.6 million units, exports 6.4 million units); 2007 production is expected to more than 21 million Taiwan, the domestic motorcycle 90.5 million for the tenure of Taiwan, motorcycles host the 2007 market will not be low Spark Plug in the demand for the year 2006.
Total exports in 2006 Spark Plug Super 50 million, due to globalization auto parts procurement, the export of China's spark plug industry continued to grow into a major bright spot, export growth remained at around 50 percent.
To sum up, the next few years, the annual demand for spark plugs will not lower than 3 ~ 400 million. |