Global Motor Vehicle Radiator Market 2024

Motor Vehicle Radiator Market Size

The global motor vehicle radiator market rose slightly to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X%. Global consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Motor Vehicle Radiator Production

In value terms, motor vehicle radiator production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Global production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Motor Vehicle Radiator Exports

Exports

In 2022, the amount of radiators for motor vehicles exported worldwide amounted to X units, increasing by X% on 2021. Over the period under review, exports recorded prominent growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the global exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, motor vehicle radiator exports expanded remarkably to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by X%. The global exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

In 2022, China (X units) was the main exporter of radiators for motor vehicles, comprising X% of total exports. The Czech Republic (X units) held the second position in the ranking, followed by Poland (X units), Germany (X units) and the United States (X units). All these countries together took approx. X% share of total exports. Spain (X units), France (X units), Mexico (X units), Slovakia (X units), Sweden (X units), Romania (X units), Italy (X units) and Denmark (X units) held a minor share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Slovakia (X%), the Czech Republic (X%), Sweden (X%), Romania (X%), Poland (X%), Spain (X%), Italy (X%), Denmark (X%), Germany (X%), Mexico (X%), France (X%) and the United States (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. China (X p.p.) and the Czech Republic (X p.p.) significantly strengthened its position in terms of the global exports, while France, Germany and the United States saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest motor vehicle radiator supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Germany ($X), with a X% share of global exports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The average motor vehicle radiator export price stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the export price, however, recorded a deep setback. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a somewhat 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 Mexico ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

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

Motor Vehicle Radiator Imports

Imports

In 2022, the amount of radiators for motor vehicles imported worldwide skyrocketed to X units, picking up by X% compared with 2021 figures. In general, imports recorded buoyant growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, global imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, motor vehicle radiator imports rose remarkably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, global imports hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

The United States (X units) and Germany (X units) represented the largest importers of radiators for motor vehicles in 2022, finishing at near X% and X% of total imports, respectively. Slovakia (X units) ranks next in terms of the total imports with a X% share, followed by the Czech Republic (X%) and Spain (X%). Poland (X units), China (X units), France (X units), Italy (X units), Mexico (X units), Hungary (X units), the UK (X units) and the Netherlands (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Hungary (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest motor vehicle radiator importing markets worldwide were the United States ($X), Germany ($X) and Mexico ($X), with a combined X% share of global imports. The Czech Republic, Spain, the UK, China, Poland, France, Italy, Slovakia, Hungary and the Netherlands lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Slovakia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average motor vehicle radiator import price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the import price recorded a abrupt downturn. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mexico ($X per unit), while Slovakia ($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 global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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