Thailand - Radiators For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMotor Vehicle Radiator Price in Thailand - 2023
Contents:
- Motor Vehicle Radiator Price in Thailand (FOB) - 2023
- Motor Vehicle Radiator Price in Thailand (CIF) - 2023
- Motor Vehicle Radiator Exports in Thailand
- Motor Vehicle Radiator Imports in Thailand
Motor Vehicle Radiator Price in Thailand (FOB) - 2023
In September 2023, the average motor vehicle radiator export price amounted to $5.2 per unit, approximately reflecting the previous month. Over the period under review, the export price, however, continues to indicate a slight descent. The growth pace was the most rapid in January 2023 when the average export price increased by 14% m-o-m. Over the period under review, the average export prices hit record highs at $6.4 per unit in September 2022; however, from October 2022 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Italy ($17.4 per unit), while the average price for exports to Argentina ($2.8 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 Malaysia (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Motor Vehicle Radiator Price in Thailand (CIF) - 2023
The average motor vehicle radiator import price stood at $4.8 per unit in September 2023, with an increase of 7.9% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in June 2023 an increase of 21% m-o-m. Over the period under review, average import prices attained the peak figure in September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($17.1 per unit), while the price for Colombia ($1.9 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Motor Vehicle Radiator Exports in Thailand
Motor vehicle radiator exports from Thailand soared to 17M units in 2022, picking up by 17% on the year before. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.8% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 35%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, motor vehicle radiator exports soared to $111M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.4% 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 +59.0% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 36%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Motor Vehicle Radiator in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 7.0 | 9.9 | 10.4 | 13.5 | 24.5% |
| Indonesia | 9.9 | 4.9 | 7.9 | 11.3 | 4.5% |
| South Africa | 5.9 | 6.1 | 9.9 | 11.1 | 23.4% |
| United States | 5.7 | 4.5 | 8.6 | 10.0 | 20.6% |
| Malaysia | 5.8 | 5.9 | 6.0 | 6.9 | 6.0% |
| Argentina | 4.1 | 4.8 | 6.7 | 6.6 | 17.2% |
| Vietnam | 3.7 | 4.0 | 5.0 | 4.8 | 9.1% |
| Pakistan | 3.9 | 4.0 | 6.4 | 4.2 | 2.5% |
| India | 2.3 | 2.2 | 3.7 | 4.0 | 20.3% |
| China | 2.2 | 1.5 | 2.0 | 3.7 | 18.9% |
| Australia | 1.7 | 1.9 | 1.9 | 3.1 | 22.2% |
| Brazil | 0.9 | 0.7 | 2.0 | 2.9 | 47.7% |
| Jordan | N/A | N/A | N/A | 2.7 | 0% |
| Others | 19.2 | 19.5 | 24.7 | 26.3 | 11.1% |
| Total | 72.3 | 69.8 | 95.2 | 111 | 15.4% |
Top Export Markets for Motor Vehicle Radiator from Thailand in 2022:
- Japan (2.2M units)
- Indonesia (2.0M units)
- United States (1.4M units)
- Argentina (1.4M units)
- South Africa (1.3M units)
- Malaysia (1.2M units)
- Vietnam (0.8M units)
- India (0.7M units)
- Pakistan (0.6M units)
- Brazil (0.5M units)
- Jordan (0.5M units)
- China (0.5M units)
- Australia (0.4M units)
Motor Vehicle Radiator Imports in Thailand
In 2022, approx. 23M units of radiators for motor vehicles were imported into Thailand; jumping by 44% compared with 2021. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 61% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, motor vehicle radiator imports skyrocketed to $89M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 54%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Motor Vehicle Radiator in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.7 | 19.0 | 24.3 | 19.0 | 2.4% |
| Japan | 13.3 | 11.4 | 14.1 | 16.5 | 7.5% |
| Australia | 0.1 | 0.7 | 5.6 | 12.7 | 402.7% |
| Indonesia | 5.8 | 3.5 | 5.6 | 6.9 | 6.0% |
| Taiwan (Chinese) | 5.7 | 4.7 | 6.8 | 6.4 | 3.9% |
| Cambodia | N/A | N/A | N/A | 5.6 | 0% |
| United States | 2.6 | 3.4 | 3.0 | 4.4 | 19.2% |
| Italy | 0.1 | 0.1 | 1.9 | 3.7 | 233.2% |
| India | 1.9 | 1.4 | 2.7 | 3.2 | 19.0% |
| Spain | N/A | 0.1 | 3.2 | 2.9 | 438.5% |
| Germany | 3.3 | 1.2 | 1.7 | 1.7 | -19.8% |
| Others | 3.9 | 4.0 | 7.7 | 6.2 | 16.7% |
| Total | 54.3 | 49.7 | 76.6 | 89.3 | 18.0% |
Top Suppliers of Motor Vehicle Radiator to Thailand in 2022:
- Australia (6.6M units)
- China (5.2M units)
- Japan (2.1M units)
- Italy (1.9M units)
- Cambodia (1.5M units)
- Spain (1.4M units)
- Indonesia (1.2M units)
- India (0.8M units)
- Taiwan (Chinese) (0.6M units)
- United States (0.6M units)
- Germany (0.2M units)
This report provides an in-depth analysis of the motor vehicle radiator market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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.
-
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
-
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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