Europe: Motor Vehicle Radiator Market 2024

Motor Vehicle Radiator Market Size in Europe

The Europe motor vehicle radiator market reduced to $X in 2022, waning by X% against the previous year. Overall, consumption recorded a pronounced decrease. The most prominent rate of growth was recorded in 2017 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Motor Vehicle Radiator Production in Europe

In value terms, motor vehicle radiator production rose modestly to $X in 2022 estimated in export price. Overall, production recorded a pronounced reduction. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Motor Vehicle Radiator Exports

Exports in Europe

For the eleventh year in a row, Europe recorded growth in shipments abroad of radiators for motor vehicles, which increased by X% to X units in 2022. Overall, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, motor vehicle radiator exports fell slightly to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X units), Poland (X units) and Germany (X units) represented roughly X% of total exports in 2022. Spain (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by France (X%) and Slovakia (X%). The following exporters - Sweden (X units), Romania (X units), Italy (X units), Denmark (X units), Hungary (X units), Belgium (X units) and Portugal (X units) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Hungary (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest motor vehicle radiator supplying countries in Europe were Germany ($X), the Czech Republic ($X) and Poland ($X), with a combined X% share of total exports. Spain, Slovakia, France, Italy, Romania, Sweden, Hungary, Denmark, Belgium and Portugal lagged somewhat behind, together accounting for a further X%.

Hungary, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, with a decrease of X% against the previous year. In general, the export price continues to indicate a abrupt slump. The growth pace was the most rapid in 2018 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced a decline in the export price figures.

Motor Vehicle Radiator Imports

Imports in Europe

In 2022, the amount of radiators for motor vehicles imported in Europe skyrocketed to X units, rising by X% against the year before. In general, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, motor vehicle radiator imports reached $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in years to come.

Imports by Country

In 2022, Germany (X units), distantly followed by Slovakia (X units), the Czech Republic (X units), Spain (X units), Poland (X units) and France (X units) represented the key importers of radiators for motor vehicles, together generating X% of total imports. Italy (X units), Hungary (X units), the UK (X units), the Netherlands (X units), Belgium (X units), Russia (X units) and Sweden (X units) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported radiators for motor vehicles in Europe, comprising X% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with an X% share of total imports. It was followed by Spain, with a X% share.

In Germany, motor vehicle radiator imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Spain (X% per year).

Import Prices by Country

In 2022, the import price in Europe amounted to $X per unit, falling by X% against the previous year. Over the period under review, the import price showed a perceptible slump. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2014; however, from 2015 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 the UK ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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