Taiwan (Chinese): Automotive Lighting Market 2022

Automotive Lighting Market Size in Taiwan (Chinese)

The Taiwanese automotive lighting market rose notably to $X in 2020, picking up by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level in 2020 and is likely to see gradual growth in the immediate term.

Automotive Lighting Production in Taiwan (Chinese)

In value terms, automotive lighting production dropped to $X in 2020 estimated in export prices. In general, the total production indicated a measured expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2020, production stood at a somewhat lower figure.

Automotive Lighting Exports

Exports from Taiwan (Chinese)

In 2020, shipments abroad of automotive lighting decreased by -X% to X units, falling for the second consecutive year after three years of growth. Over the period under review, exports, however, recorded perceptible growth. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X units in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

In value terms, automotive lighting exports declined to $X in 2020. In general, total exports indicated a notable increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Exports peaked at $X in 2017; afterwards, it flattened through to 2020.

Exports by Country

Romania (X units), France (X units) and Hungary (X units) were the main destinations of automotive lighting exports from Taiwan (Chinese), together accounting for X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), France ($X) and Hungary ($X) appeared to be the largest markets for automotive lighting exported from Taiwan (Chinese) worldwide, together accounting for X% of total exports.

Romania (+X% per year) saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average automotive lighting export price amounted to $X per unit, remaining stable against the previous year. Overall, the export price continues to indicate notable growth. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. The export price peaked at $X per unit in 2015; however, from 2016 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per unit), while the average price for exports to Denmark ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Automotive Lighting Imports

Imports into Taiwan (Chinese)

In 2020, imports of automotive lighting into Taiwan (Chinese) was estimated at X units, picking up by X% against the year before. Overall, imports continue to indicate a buoyant increase. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, imports reached the maximum in 2020 and are expected to retain growth in years to come.

In value terms, automotive lighting imports rose rapidly to $X in 2020. Over the period under review, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2020 and are expected to retain growth in years to come.

Imports by Country

In 2020, China (X units) constituted the largest automotive lighting supplier to Taiwan (Chinese), accounting for a X% share of total imports. Moreover, automotive lighting imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), eightfold. Hungary (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-X% per year) and Hungary (+X% per year).

In value terms, China ($X) constituted the largest supplier of automotive lighting to Taiwan (Chinese), comprising X% of total imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total imports. It was followed by Hungary, with a X% share.

From 2007 to 2020, the average annual growth rate of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and Hungary (+X% per year).

Import Prices by Country

In 2020, the average automotive lighting import price amounted to $X per unit, growing by X% against the previous year. In general, import price indicated a temperate increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, automotive lighting import price increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2009 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2016; however, from 2017 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Serbia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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