Page 36 - TTG-Taiwan Transportation Equipment Guide 2023-04 Edition

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Exhibitions Review

exhibition since its inception in 1996 has been
regarded the most important trade fair of its kind in
Central and South America.

At INA PAACE 2023, exhibits are categorized
into ten major groups: “Accessories & Customizing”,
“Body & Paint”, “Car Wash, Care & Detailing”,
“Connectivity & Autonomous Driving”, “Diagnostics
& Repair”, “Digital Solutions & Services”, “Electrics
& electronics”, “Oils, lubricants & fuels”, “Parts &
Components”, “Tires & Wheels”.

Mexico has absolutely great business potential,
The Economic Daily News/ CENS booth at 2022 AAPEX not just because of the United States-Mexico-
has attracted crowds of buyers searching for information Canada Agreement (USMCA) that has come into
on Taiwan’s exhibitors. (Photo courtesy of CENS) effect since July 2020, but strong local demand from
the automotive industry. Eyeing such considerable
TAPA 2023 opportunities, ever more Taiwanese manufacturers
have actively invested in Mexico over the past
As of today, 2023, the disruptions caused by the years, making Taiwan the Central American
COVID-19 pandemic have begun to recede and country’s fifth largest foreign investment source.
international professional exhibitions are beginning
to revive. In the face of the transition, CENS and
Exporters Association of Taipei (IEAT), Taiwan
Transportation Vehicle Manufacturers Association
(TTVMA), etc, are going to jointly organize
an exhibitor group to participate in Thailand
International Auto Parts & Accessories Show 2023
(TAPA 2023), which will reopen its door following
four years of suspension.
As the 12th largest automobile manufacturer in
the world and the largest automobile manufacturing
and export center in Southeast Asia, Thailand
produced 1,685,705 vehicles last year, of which Economic Daily News (CENS.com) exhibits at 2018 INA
959,194 units were exported. A large portion of the PAACE Automechanika Mexico. (Photo courtesy of CENS)
exported vehicles went to Asia, the Middle East,
North America, Central America and South America, Exhibitors will face challenges from market
etc., along with US$20 billion worth of auto parts.
Mainly due to the spread of the COVID-19
There is a great demand for automotive pandemic, many exhibitions have been suspended
components in Thailand, as surveys show that since 2019. Some trade fairs, which continued to
30 percent of local consumers tend to buy OE be held as scheduled amid the pandemic, were
(original equipment) parts and the remainder prefer wrapped up with disappointing exhibitor and visitor
AM models. Additionally, in recent years, the Thai turnouts. However, starting in 2022, while trade fairs
government has been actively encouraging the have successively resumed, some organizers have
development of the EV industry by introducing even blazed a new trail by organizing exhibitions
a number of policies such as tax breaks and online, most of which turned out to be a success.
subsidies to motivate local manufacturers to invest
in EV production. As there’s always one thing after another, now
exhibitors have to face a radical change in market
INA PAACE 2023 demands and a series of challenges, including
growing concerns on carbon emissions, together
Mexico is the world’s fourth largest auto parts with the rise of EVs.
producer and the world’s sixth biggest manufacturer
of heavy-duty vehicles, with nearly 90% of its auto Committed to serving as a promotion arm for
parts exported. Backed by such performance Taiwanese auto parts suppliers and helping them
coupled with geographic advantages, the country to better go global, CENS will continually provide
is the U.S.’s largest source of auto parts for the latest information on the auto parts industry and
the moment. Accordingly, INA PAACE, which is recommend the most qualified suppliers from the
scheduled from July 12 through 14, 2023 in Mexico, island to buyers around the world.
is expected by industry insiders to help revitalize
their business in America, especially when the