In 2017 the global sales from auto parts exports totaled 385,4 billion of $, plus 6,6% from 2016. European Union countries generated the 48% of the global total, followed by Asia, North America, Latin American, Africa and Oceania.
The country that exports the highest dollar value worth of automotive parts is Germany with 62,5 G$ (16,2%), followed by USA, Japan, China, Mexico.
The Italy is the 9th country, it exports auto parts for 13,7 M$ (3,5%) (source: World’s Top Exports).
ECEPLAST and Automotive spare parts
Rapid urbanization and greater available net income are leading to buy a personal car. This trend drags the automotive bumper market that will reach the 9 M$ at the end of 2022, also due to the increase rate of accidents.
The plastic bumpers are the principal segment of the market while aluminium bumpers are in second place. Eceplast driven by what is needed by automotive sector, since 1998 is offering a sustainable paper sacks production for bumpers transport in Europe, Ece Paper Sacks have 70% recycled raw material and are 100% compostable.
Click here to discover Eceplast paper sacks advantages for bumpers.