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Q1Back to 15% Increase in Auto Parts Trade
Author: Aftermarket Business
Source From: Aftermarket Business
Posted Date: 2010-11-23
Recent statistics show the total direct trade in the auto parts industry has registered an approximate 15 percent increase for Q1 2010 in comparison to the same period last year, with a significant increase also noted in the re-export sector.
With total 2009 figures on a par with those from 2007, the industry still looks bright.
Batteries, engine parts, parts & accessories and tyres all fall under the evaluated categories, with the positive figures reflecting the overall developments and growth curve experienced in the automotive aftermarket sector. The recently concluded Automechanika Middle East which enjoyed a 5 percent increase in visitor numbers as well as in number of exhibitors, also reflects the potential within the sector.
“Dubai has always been considered a major hub for the Middle East and the location of choice for manufactures and distributors to target the markets of the region. Dubai’s trade volumes remain robust and with new developments such as the recently opened Dubai Logistics Corridor this is sure to continue,” says Ahmed Pauwels, CEO, Epoc Messe Frankfurt GmbH, organizer of Automechanika Middle East.
“The recent import and export figures released in Dubai within the automotive industry confirm our confidence that this is still a burgeoning industry," says Gazi Bilikozen, senior show manager, Automechanika Middle East. "The results from our recently concluded exhibition speak the same and we intend to build on this for Automechanika Middle East 2011 which will take place from June 7 to 9.”
Another notable trend in the sector is that Dubai’s re-exports within these product groups have also registered an increase, highlighting the city’s strength as the focal point for targeting the surrounding region including the GCC, Middle East and Africa. Among some of the most popular re-export markets are Iran, Iraq, Saudi Arabia, Kuwait, Pakistan and Libya.
Automechanika is the leading international meeting place for the automobile sector. As the world’s biggest trade fair for the automotive aftermarket it spotlights innovations and solutions in the fields of parts, systems, tuning, workshop equipment, bodywork & paintwork, car wash, IT & management and the latest automobile services. Automechanika Middle East is one of 14 global Automechanika fairs held in Asia, Europe, North America, South America and Africa. For further information visit www.automechanikame.com or e-mail email@example.com.
Automechanika Middle East is the leading event for the rapidly developing automotive aftermarket in the wider Middle East and Africa region. In 2010 it featured 1,007 exhibitors from 46 countries, with a visitor attendance of 16,058 from 111 countries. The trade fair covers the full range of parts for motor vehicles as well as components for the drive, chassis, body, electrics and electronic groups. It also covers equipment for vehicle service and repair, bodywork repair and painting, tyres, batteries and performance systems. Automechanika Middle East is the perfect platform to meet new contacts, discuss new trends and technological developments, and to keep up to date with industry knowledge and source new products and solutions from the world over.
The next edition of Automechanika Middle East will be held June 7-9, 2011.
Messe Frankfurt is Germany’s leading trade fair organizer, with 424 million Euros in sales in 2009 and more than 1,660 employees worldwide. The Messe Frankfurt Group has a global network of 28 subsidiaries, five branch offices and 52 international Sales Partners, giving it a presence for its customers in more than 150 countries. Events ‘made by Messe Frabkfurt” take place at more than 30 locations around the globe. In 2009, Messe Frankfurt organised more than 90 trade fairs, of which more than half took place outside Germany.
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