Intake Air Filter Market

The article discusses the projected growth of the global intake air filter market for internal combustion engines, with an expected increase in consumption and production over the next eight years. It provides insights into market performance, trends, and key statistics such as volume, value, consumption patterns, production trends, and top importing and exporting countries. The data highlights fluctuations and growth rates in various aspects of the market, offering a comprehensive overview of the industry.

Market Forecast

Driven by increasing demand for intake air filters for internal combustion engines worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.7% for the period from 2022 to 2030, which is projected to bring the market volume to 1.4B units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.7% for the period from 2022 to 2030, which is projected to bring the market value to $17.4B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Intake Air Filters For Internal Combustion Engines

For the third consecutive year, the global market recorded decline in consumption of intake air filters for internal combustion engines, which decreased by -0.4% to 1.2B units in 2022. The total consumption volume increased at an average annual rate of +1.7% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 7% against the previous year. Over the period under review, global consumption hit record highs at 1.3B units in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

The global intake air filter market revenue dropped to $13B in 2022, remaining constant against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.8% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 9.7%. Global consumption peaked at $13.6B in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were Germany (191M units), China (180M units) and the United States (160M units), with a combined 43% share of global consumption. India, Japan, Russia, Indonesia, Turkey, Mexico and South Korea lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by Turkey (with a CAGR of +12.3%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, the largest intake air filter markets worldwide were the United States ($1.7B), Turkey ($1.5B) and Japan ($1.3B), with a combined 34% share of the global market.

Turkey, with a CAGR of +12.6%, saw the highest rates of growth with regard to market size in terms of the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.

In 2022, the highest levels of intake air filter per capita consumption was registered in Germany (2,302 units per 1000 persons), followed by Japan (517 units per 1000 persons), South Korea (512 units per 1000 persons) and the United States (476 units per 1000 persons), while the world average per capita consumption of intake air filter was estimated at 157 units per 1000 persons.

In Germany, intake air filter per capita consumption remained relatively stable over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Japan (-0.4% per year) and South Korea (+2.4% per year).

Production

World Production of Intake Air Filters For Internal Combustion Engines

In 2022, production of intake air filters for internal combustion engines increased by 0.2% to 1.2B units, rising for the third year in a row after two years of decline. The total output volume increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 5.8%. Over the period under review, global production reached the peak volume at 1.3B units in 2017; however, from 2018 to 2022, production failed to regain momentum.

In value terms, intake air filter production shrank slightly to $10.9B in 2022 estimated in export price. The total output value increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 16% against the previous year. Global production peaked at $14.4B in 2019; however, from 2020 to 2022, production failed to regain momentum.

Production By Country

China (408M units) constituted the country with the largest volume of intake air filter production, accounting for 33% of total volume. Moreover, intake air filter production in China exceeded the figures recorded by the second-largest producer, Germany (202M units), twofold. India (111M units) ranked third in terms of total production with an 8.9% share.

In China, intake air filter production expanded at an average annual rate of +4.2% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Germany (+0.7% per year) and India (+2.0% per year).

Imports

World Imports of Intake Air Filters For Internal Combustion Engines

Global intake air filter imports rose to 445M units in 2022, increasing by 3.3% compared with the previous year's figure. Overall, imports posted a resilient increase. The most prominent rate of growth was recorded in 2019 when imports increased by 39% against the previous year. Over the period under review, global imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, intake air filter imports amounted to $4.7B in 2022. The total import value increased at an average annual rate of +3.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 25%. Global imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports By Country

The United States was the key importing country with an import of around 124M units, which recorded 28% of total imports. It was distantly followed by Russia (29M units), achieving a 6.5% share of total imports. Germany (18M units), Belgium (18M units), Canada (14M units), Thailand (14M units), Mexico (9.6M units), Australia (9.4M units), Romania (9.4M units), South Africa (8.7M units), France (8.4M units), Colombia (7.9M units) and Italy (7.8M units) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to intake air filter imports into the United States stood at +18.5%. At the same time, Russia (+30.9%), Thailand (+23.3%), Romania (+20.4%), Colombia (+8.2%), Germany (+7.7%), Italy (+6.7%), South Africa (+6.1%), Australia (+5.0%), Belgium (+4.1%) and Canada (+1.4%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing importer imported in the world, with a CAGR of +30.9% from 2012-2022. Mexico and France experienced a relatively flat trend pattern. While the share of the United States (+17 p.p.), Russia (+5.6 p.p.) and Thailand (+2.2 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of Belgium (-1.9 p.p.), France (-2.2 p.p.), Mexico (-2.5 p.p.) and Canada (-2.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($588M) constitutes the largest market for imported intake air filters for internal combustion engines worldwide, comprising 13% of global imports. The second position in the ranking was taken by Germany ($275M), with a 5.9% share of global imports. It was followed by Canada, with a 5.7% share.

In the United States, intake air filter imports increased at an average annual rate of +4.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (+6.2% per year) and Canada (+3.2% per year).

Import Prices By Country

In 2022, the average intake air filter import price amounted to $10 per unit, rising by 2.6% against the previous year. Overall, the import price, however, showed a perceptible contraction. Global import price peaked at $16 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mexico ($22 per unit), while Thailand ($2.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+2.4%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Intake Air Filters For Internal Combustion Engines

In 2022, the amount of intake air filters for internal combustion engines exported worldwide rose rapidly to 447M units, surging by 5.2% on the previous year's figure. Over the period under review, total exports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.0% against 2016 indices. The growth pace was the most rapid in 2021 with an increase of 33% against the previous year. The global exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, intake air filter exports expanded markedly to $4.2B in 2022. Overall, total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 30% against the previous year. The global exports peaked in 2022 and are likely to continue growth in years to come.

Exports By Country

China dominates exports structure, finishing at 231M units, which was near 52% of total exports in 2022. It was distantly followed by the United States (29M units) and Germany (29M units), together making up a 13% share of total exports. Mexico (16M units), Poland (16M units), India (14M units), Belgium (13M units), the Czech Republic (12M units), Tunisia (8.2M units) and France (6.8M units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to intake air filter exports from China stood at +12.6%. At the same time, the Czech Republic (+20.6%), India (+16.9%), Poland (+13.2%), Tunisia (+9.5%), Mexico (+6.0%) and Germany (+5.6%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in the world, with a CAGR of +20.6% from 2012-2022. The United States and Belgium experienced a relatively flat trend pattern. By contrast, France (-3.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, the Czech Republic, India and Poland increased by +23, +2, +1.9 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($661M), China ($634M) and Germany ($548M) were the countries with the highest levels of exports in 2022, with a combined 44% share of global exports. Mexico, Belgium, Poland, the Czech Republic, France, India and Tunisia lagged somewhat behind, together accounting for a further 27%.

The Czech Republic, with a CAGR of +18.3%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

In 2022, the average intake air filter export price amounted to $9.4 per unit, with an increase of 1.6% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 5.5%. Over the period under review, the average export prices attained the peak figure at $10 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($22 per unit), while India ($2.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform