China - Radiators For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMotor Vehicle Radiator Price in China - 2023
Contents:
- Motor Vehicle Radiator Price in China (FOB) - 2023
- Motor Vehicle Radiator Price in China (CIF) - 2022
- Motor Vehicle Radiator Exports in China
- Motor Vehicle Radiator Imports in China
Motor Vehicle Radiator Price in China (FOB) - 2023
In September 2023, the average motor vehicle radiator export price amounted to $5.6 per unit, increasing by 12% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 17% month-to-month. The export price peaked at $6.1 per unit in November 2022; however, from December 2022 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Japan ($12.1 per unit), while the average price for exports to India ($1.1 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 Thailand (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Motor Vehicle Radiator Price in China (CIF) - 2022
In 2022, the average motor vehicle radiator import price amounted to $6.7 per unit, which is down by -10.6% against the previous year. Over the period under review, the import price continues to indicate a pronounced setback. The pace of growth appeared the most rapid in 2016 an increase of 22%. The import price peaked at $9.3 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($25 per unit), while the price for Japan ($4.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Motor Vehicle Radiator Exports in China
In 2022, the amount of radiators for motor vehicles exported from China shrank to 351M units, which is down by -10.6% compared with 2021 figures. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 44%. As a result, the exports attained the peak of 393M units, and then shrank in the following year.
In value terms, motor vehicle radiator exports surged to $2.1B in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 41% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
Export of Motor Vehicle Radiator in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 420 | 370 | 483 | 606 | 13.0% |
Mexico | 65.6 | 63.6 | 101 | 130 | 25.6% |
Japan | 62.8 | 50.9 | 67.2 | 99.2 | 16.5% |
Russia | 47.0 | 44.8 | 60.6 | 78.9 | 18.8% |
Germany | 47.3 | 46.1 | 71.6 | 68.9 | 13.4% |
Poland | 29.6 | 43.8 | 60.2 | 64.0 | 29.3% |
South Korea | 31.8 | 35.0 | 48.4 | 57.7 | 22.0% |
Thailand | 42.4 | 41.2 | 56.4 | 48.8 | 4.8% |
Turkey | 22.5 | 26.2 | 32.0 | 40.0 | 21.1% |
France | 27.3 | 20.6 | 32.1 | 34.8 | 8.4% |
India | 21.3 | 18.5 | 31.0 | 34.4 | 17.3% |
Spain | 9.6 | 11.1 | 27.7 | 27.5 | 42.0% |
Iran | 8.5 | 9.1 | 9.2 | 11.4 | 10.3% |
Others | 533 | 482 | 703 | 772 | 13.1% |
Total | 1,369 | 1,263 | 1,783 | 2,073 | 14.8% |
Top Export Markets for Motor Vehicle Radiator from China in 2022:
- United States (50.9M units)
- Mexico (44.6M units)
- South Korea (31.5M units)
- Thailand (22.2M units)
- Iran (14.3M units)
- India (12.7M units)
- Germany (11.9M units)
- Japan (11.2M units)
- Poland (11.1M units)
- Turkey (8.3M units)
- Russia (8.1M units)
- Spain (6.9M units)
- France (6.0M units)
Motor Vehicle Radiator Imports in China
In 2022, after three years of growth, there was significant decline in purchases abroad of radiators for motor vehicles, when their volume decreased by -10% to 36M units. The total import volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. As a result, imports attained the peak of 41M units, and then dropped in the following year.
In value terms, motor vehicle radiator imports contracted significantly to $245M in 2022. In general, imports showed a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 3.7% against the previous year. As a result, imports reached the peak of $305M, and then fell significantly in the following year.
Import of Motor Vehicle Radiator in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 70.8 | 64.8 | 80.3 | 67.8 | -1.4% |
Germany | 78.3 | 97.8 | 75.8 | 57.9 | -9.6% |
Mexico | 10.5 | 28.0 | 22.5 | 16.8 | 17.0% |
Portugal | 14.2 | 15.8 | 21.4 | 14.3 | 0.2% |
United States | 28.8 | 14.1 | 14.1 | 14.2 | -21.0% |
Poland | 10.9 | 12.4 | 16.6 | 11.0 | 0.3% |
South Korea | 18.1 | 12.0 | 12.7 | 10.3 | -17.1% |
United Kingdom | 4.6 | 4.1 | 6.1 | 6.4 | 11.6% |
South Africa | 1.2 | 0.8 | 7.1 | 6.0 | 71.0% |
Austria | 16.6 | 8.3 | 5.6 | 3.4 | -41.1% |
Others | 43.6 | 36.3 | 43.2 | 37.3 | -5.1% |
Total | 297 | 295 | 305 | 245 | -6.2% |
Top Suppliers of Motor Vehicle Radiator to China in 2022:
- Japan (14.9M units)
- Germany (6.8M units)
- Mexico (2.2M units)
- Poland (1.9M units)
- South Korea (1.6M units)
- South Africa (0.9M units)
- United Kingdom (0.9M units)
- Portugal (0.7M units)
- United States (0.6M units)
- Austria (0.5M units)
This report provides an in-depth analysis of the motor vehicle radiator market in China. 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 29323061 - Radiators for tractors, motor cars, goods vehicles, crane lorries, fire-fighting vehicles, concrete-mixer-, road sweeper-, s praying lorries, mobile workshops and radiological units, p arts thereof
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
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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 February of 2023, the cost of the bumper price was $28.9 per kilogram when measured with the Cost, Insurance, and Freight (CIF) pricing model in China. This reflects a 12% increase compared to the previous month.
In February 2023, the price of clutch was $6,213 per ton FOB, China, representing a 3.7% increase from the previous month.
In value terms, road wheel exports rose modestly to $622M in April 2023.
In value terms, safety seat belt imports amounted to $10M in April 2023.
Exports of Steering Wheels And Columns declined slightly to $287M in June 2023.
In September 2022, the suspension system price amounted to $4,864 per ton (FOB, China), rising by 3.5% against the previous month.
Discover the top import markets for motor vehicle radiators and gain insights into the global trade dynamics. Explore the import values and statistics of countries like the United States, Germany, Mexico, and more. Learn about the demand for motor vehicle radiators in the thriving automotive industry.
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