U.S. - Radiators For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMotor Vehicle Radiator Price in the United States - 2023
Contents:
- Motor Vehicle Radiator Price in the United States (CIF) - 2022
- Motor Vehicle Radiator Price in the United States (FOB) - 2023
- Motor Vehicle Radiator Imports in the United States
- Motor Vehicle Radiator Exports in the United States
Motor Vehicle Radiator Price in the United States (CIF) - 2022
The average motor vehicle radiator import price stood at $10 per unit in 2022, surging by 12% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, motor vehicle radiator import price increased by +64.7% against 2019 indices. The growth pace was the most rapid in 2020 when the average import price increased by 50% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($43 per unit), while the price for Thailand ($3.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Motor Vehicle Radiator Price in the United States (FOB) - 2023
The average motor vehicle radiator export price stood at $6.9 per unit in September 2023, falling by -21.1% against the previous month. Over the period under review, export price indicated pronounced growth from September 2022 to September 2023: its price increased at an average monthly rate of +4.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, motor vehicle radiator export price increased by +26.4% against May 2023 indices. The growth pace was the most rapid in August 2023 when the average export price increased by 37% against the previous month. As a result, the export price attained the peak level of $8.8 per unit, and then declined dramatically in the following month.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Venezuela ($5.0 per unit), while the average price for exports to Brazil ($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 Mexico (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.
Motor Vehicle Radiator Imports in the United States
In 2022, the amount of radiators for motor vehicles imported into the United States surged to 123M units, with an increase of 28% on the year before. In general, imports, however, saw a abrupt decrease. Over the period under review, imports hit record highs at 151M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, motor vehicle radiator imports skyrocketed to $1.2B in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.1% 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 +58.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Motor Vehicle Radiator in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 317 | 282 | 285 | 429 | 10.6% |
| China | 286 | 209 | 247 | 361 | 8.1% |
| Canada | 85.4 | 72.4 | 69.6 | 98.0 | 4.7% |
| Taiwan (Chinese) | 38.7 | 41.8 | 55.2 | 64.1 | 18.3% |
| Indonesia | 35.4 | 35.1 | 37.3 | 53.1 | 14.5% |
| Japan | 24.2 | 23.9 | 30.4 | 42.3 | 20.5% |
| Germany | 21.7 | 17.9 | 26.2 | 26.9 | 7.4% |
| South Korea | 16.9 | 10.6 | 14.2 | 19.8 | 5.4% |
| Thailand | 7.3 | 6.7 | 8.3 | 8.2 | 4.0% |
| Others | 97.7 | 85.0 | 100 | 140 | 12.7% |
| Total | 930 | 785 | 873 | 1,243 | 10.2% |
Top Suppliers of Motor Vehicle Radiator to the United States in 2022:
- Mexico (69.3M units)
- China (19.0M units)
- Japan (5.2M units)
- Germany (5.0M units)
- South Korea (3.7M units)
- Taiwan (Chinese) (2.8M units)
- Canada (2.7M units)
- Thailand (2.1M units)
- Indonesia (1.2M units)
Motor Vehicle Radiator Exports in the United States
In 2022, the amount of radiators for motor vehicles exported from the United States shrank to 99M units, declining by -5.6% against the previous year. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.9% 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 +66.3% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 76% against the previous year. As a result, the exports reached the peak of 105M units, and then fell in the following year.
In value terms, motor vehicle radiator exports soared to $448M in 2022. The total export value increased at an average annual rate of +1.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 20% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Motor Vehicle Radiator in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 119 | 85.5 | 133 | 163 | 11.1% |
| Canada | 194 | 125 | 111 | 146 | -9.0% |
| China | 8.9 | 20.6 | 6.8 | 13.3 | 14.3% |
| Australia | 11.0 | 10.7 | 12.6 | 13.2 | 6.3% |
| Japan | 9.0 | 7.2 | 10.7 | 12.2 | 10.7% |
| Brazil | 10.3 | 4.7 | 9.8 | 10.6 | 1.0% |
| Others | 80.1 | 63.0 | 95.6 | 89.8 | 3.9% |
| Total | 432 | 317 | 380 | 448 | 1.2% |
Top Export Markets for Motor Vehicle Radiator from the United States in 2022:
- Mexico (45.8M units)
- Canada (41.2M units)
- Brazil (3.0M units)
- China (1.6M units)
- Australia (1.5M units)
- Japan (1.5M units)
This report provides an in-depth analysis of the motor vehicle radiator 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 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:
- 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
-
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
-
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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