U.S. - Oil Or Petrol-Filters For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFuel Filter Price in the United States - 2023
Contents:
- Fuel Filter Price in the United States (CIF) - 2023
- Fuel Filter Price in the United States (FOB) - 2023
- Fuel Filter Imports in the United States
- Fuel Filter Exports in the United States
Fuel Filter Price in the United States (CIF) - 2023
In September 2023, the average fuel filter import price amounted to $2.1 per unit, with an increase of 4.5% against the previous month. In general, the import price, however, showed a mild contraction. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 13% against the previous month. Over the period under review, average import prices hit record highs at $3.0 per unit in March 2023; however, from April 2023 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($5.0 per unit), while the price for Germany ($936 per thousand units) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by India (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Fuel Filter Price in the United States (FOB) - 2023
The average fuel filter export price stood at $9.2 per unit in September 2023, with an increase of 3.5% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 20% month-to-month. Over the period under review, the average export prices reached the peak figure at $9.6 per unit in July 2023; however, from August 2023 to September 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Germany ($21.1 per unit), while the average price for exports to Romania ($1.4 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Fuel Filter Imports in the United States
In 2022, fuel filter imports into the United States surged to 526M units, jumping by 53% against the previous year. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 78% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, fuel filter imports soared to $1.3B in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.1% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 33% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Fuel Filter in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 316 | 251 | 303 | 393 | 7.5% |
| China | 146 | 126 | 177 | 215 | 13.8% |
| Germany | 85.5 | 74.6 | 109 | 97.9 | 4.6% |
| Japan | 58.1 | 48.0 | 58.8 | 67.2 | 5.0% |
| South Korea | 36.2 | 36.9 | 49.1 | 64.8 | 21.4% |
| Austria | 49.2 | 42.9 | 67.0 | 64.2 | 9.3% |
| Taiwan (Chinese) | 69.2 | 22.3 | 59.3 | 56.3 | -6.6% |
| Thailand | 42.5 | 39.4 | 45.2 | 47.5 | 3.8% |
| India | 12.4 | 13.1 | 24.0 | 37.7 | 44.9% |
| Others | 179 | 164 | 198 | 257 | 12.8% |
| Total | 994 | 818 | 1,091 | 1,301 | 9.4% |
Top Suppliers of Fuel Filter to the United States in 2022:
- China (182.2M units)
- Mexico (83.5M units)
- Germany (57.2M units)
- Japan (40.7M units)
- Thailand (35.1M units)
- South Korea (27.3M units)
- India (20.9M units)
- Taiwan (Chinese) (9.2M units)
- Austria (4.1M units)
Fuel Filter Exports in the United States
In 2022, approx. 144M units of oil or petrol-filters for internal combustion engines were exported from the United States; picking up by 1.6% compared with the previous year's figure. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 13% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, fuel filter exports skyrocketed to $1.2B in 2022. The total export value increased at an average annual rate of +7.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fuel Filter in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 266 | 256 | 294 | 344 | 8.9% |
| Mexico | 139 | 121 | 133 | 176 | 8.2% |
| Germany | 46.2 | 47.1 | 60.9 | 77.3 | 18.7% |
| Australia | 44.1 | 47.0 | 44.7 | 62.7 | 12.4% |
| Belgium | 47.0 | 41.4 | 46.4 | 47.9 | 0.6% |
| Brazil | 25.4 | 25.4 | 28.4 | 41.6 | 17.9% |
| China | 42.6 | 41.9 | 35.4 | 41.4 | -0.9% |
| United Kingdom | 34.8 | 25.9 | 32.6 | 35.3 | 0.5% |
| United Arab Emirates | 16.7 | 11.9 | 15.5 | 14.6 | -4.4% |
| Saudi Arabia | 8.1 | 8.5 | 11.6 | 12.2 | 14.6% |
| Others | 266 | 205 | 252 | 309 | 5.1% |
| Total | 935 | 831 | 955 | 1,162 | 7.5% |
Top Export Markets for Fuel Filter from the United States in 2022:
- Mexico (47.0M units)
- Canada (40.6M units)
- China (4.9M units)
- Brazil (4.4M units)
- Germany (4.1M units)
- Belgium (4.0M units)
- Australia (3.6M units)
- Saudi Arabia (3.2M units)
- United Arab Emirates (2.9M units)
- United Kingdom (2.2M units)
This report provides an in-depth analysis of the fuel filter market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28291330 - Oil or petrol-filters for internal combustion engines
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In November 2022, the fuel filter price stood at $2.6 per unit (CIF, US), falling by -5% against the previous month.
396
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