With the rapid development of the global new energy vehicle and energy storage industries, China's export volume of battery aluminum shells has continued to grow, becoming a highlight in the international market. According to the latest customs data, in the third quarter of 2024, China's battery aluminum shell exports increased by 28% year-on-year, with particularly strong demand in the European, American and Southeast Asian markets.
China is the world's largest electric vehicle production and sales market, and is also the world's leading battery production base. These factors have enabled China to occupy an important position in the production of battery aluminum shells, not only meeting domestic market demand, but also providing sufficient supply for exports.
With the continuous improvement of technology and the expansion of production capacity, China's battery aluminum shells have gradually become more competitive in the global market, especially in Europe, America and Southeast Asia. The demand for high-performance and high-quality aluminum shells in the European and American markets continues to rise, and electric vehicle manufacturers and energy storage equipment manufacturers in these regions are increasingly inclined to choose aluminum shell products provided by Chinese companies. In addition, the new energy vehicle and energy storage markets in Southeast Asia have also ushered in explosive growth, further increasing the demand for battery aluminum shells.
For example, in the third quarter of 2024, battery aluminum shells exported to Europe and North America increased by 32% over the same period last year, while exports to Southeast Asia increased by 25%. The rapid growth of these markets has not only increased the total export volume of my country's aluminum housing products, but also enhanced the influence of domestic enterprises in the international market.
While the global market demand for battery aluminum housing continues to increase, product technological innovation and environmental protection requirements have also become key factors in the competition among major companies. In order to improve product performance and meet environmental protection standards, more and more Chinese aluminum housing manufacturers have begun to invest heavily in research and development, striving to improve the pressure resistance, corrosion resistance and thermal conductivity of aluminum housings through innovative design and manufacturing processes.
Industry experts said that with the continuous advancement of technology and the expansion of production scale, the competitiveness of China's battery aluminum housing in the international market will continue to increase, especially in the context of increasingly stringent high performance and environmental protection requirements, product quality and innovation will become the core of future competition.