Philippines - Radiators For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMotor Vehicle Radiator Price in the Philippines - 2023
Contents:
- Motor Vehicle Radiator Price in the Philippines (CIF) - 2022
- Motor Vehicle Radiator Price in the Philippines (FOB) - 2022
- Motor Vehicle Radiator Imports in the Philippines
- Motor Vehicle Radiator Exports in the Philippines
Motor Vehicle Radiator Price in the Philippines (CIF) - 2022
In 2022, the average motor vehicle radiator import price amounted to $6.9 per unit, standing approx. at the previous year. Over the period under review, the import price recorded a significant increase. The growth pace was the most rapid in 2017 an increase of 222%. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Indonesia ($6.9 per unit) and Japan ($6.9 per unit), while the price for Singapore ($6.9 per unit) and Thailand ($6.9 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+35.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Motor Vehicle Radiator Price in the Philippines (FOB) - 2022
In 2022, the average motor vehicle radiator export price amounted to $7.1 per unit, waning by -5.5% against the previous year. Overall, the export price recorded a pronounced setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 124%. Over the period under review, the average export prices hit record highs at $16 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($7.1 per unit), while the average price for exports to Thailand ($7.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+10.4%), while the prices for the other major destinations experienced mixed trend patterns.
Motor Vehicle Radiator Imports in the Philippines
In 2022, motor vehicle radiator imports into the Philippines totaled 1M units, surging by 7.8% against 2021 figures. Overall, imports, however, faced a sharp slump. The growth pace was the most rapid in 2021 with an increase of 35%. Over the period under review, imports attained the maximum at 2.3M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, motor vehicle radiator imports totaled $7.2M in 2022. In general, total imports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +4.5% 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 +94.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 79%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
Import of Motor Vehicle Radiator in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 481 | 893 | 2,270 | 2,601 | 75.5% |
China | 2,059 | 556 | 1,258 | 1,298 | -14.3% |
Japan | 1,000 | 1,228 | 1,180 | 1,253 | 7.8% |
Indonesia | 279 | 301 | 882 | 1,143 | 60.0% |
United States | 81.7 | 42.6 | 247 | 166 | 26.7% |
Germany | 649 | 17.4 | 28.8 | 160 | -37.3% |
South Korea | 1,055 | 153 | 170 | 108 | -53.2% |
Malaysia | 149 | 147 | 119 | 77.5 | -19.6% |
Others | 589 | 378 | 483 | 426 | -10.2% |
Total | 6,343 | 3,716 | 6,637 | 7,233 | 4.5% |
Top Suppliers of Motor Vehicle Radiator to the Philippines in 2022:
- Thailand (375.8K units)
- China (187.6K units)
- Japan (181.1K units)
- Indonesia (165.1K units)
- United States (24.0K units)
- Germany (23.2K units)
- South Korea (15.6K units)
- Malaysia (11.2K units)
Motor Vehicle Radiator Exports in the Philippines
In 2022, shipments abroad of radiators for motor vehicles decreased by -32% to 39K units, falling for the second year in a row after two years of growth. Over the period under review, exports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by 146%. As a result, the exports attained the peak of 71K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, motor vehicle radiator exports shrank dramatically to $275K in 2022. In general, exports, however, recorded a strong increase. The growth pace was the most rapid in 2020 when exports increased by 154% against the previous year. As a result, the exports reached the peak of $472K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Motor Vehicle Radiator in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 58.9 | 241 | 306 | 237 | 59.1% |
Thailand | 64.3 | 51.2 | 74.4 | 31.9 | -20.8% |
Indonesia | N/A | 50.9 | N/A | 0.4 | -91.1% |
China | 19.3 | N/A | 0.1 | N/A | -92.8% |
Taiwan (Chinese) | N/A | 97.7 | N/A | N/A | 0% |
Others | 43.0 | 31.5 | 46.9 | 5.7 | -49.0% |
Total | 186 | 472 | 427 | 275 | 13.9% |
Top Export Markets for Motor Vehicle Radiator from the Philippines in 2022:
- Malaysia (33.5K units)
- Thailand (4.5K units)
- Indonesia (0.1K units)
This report provides an in-depth analysis of the motor vehicle radiator market in the Philippines. 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:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the motor vehicle radiator market in the Philippines.
This report provides an in-depth analysis of the market for automotive parts and accessories in the Philippines.
This report provides an in-depth analysis of the inflator system airbag market in the Philippines.
This report provides an in-depth analysis of the brakes and servo-brakes market in the Philippines.
This report provides an in-depth analysis of the bumper market in the Philippines.
This report provides an in-depth analysis of the clutch market in the Philippines.
This report provides an in-depth analysis of the market for driving and non-driving axle in the Philippines.
This report provides an in-depth analysis of the gear box market in the Philippines.
This report provides an in-depth analysis of the road wheel market in the Philippines.
This report provides an in-depth analysis of the safety seat belt market in the Philippines.
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.
In value terms, millstones, grindstones and grinding wheels imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the t...
In value terms, millstones, grindstones and grinding wheels exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend...
Global automotive accessory imports stood at X tons in 2016, ascending by X% against the previous year figure. Overall, automotive accessory imports continue to indicate a slight downturn. The pa...
Global automotive accessory imports stood at X tons in 2016, ascending by X% against the previous year figure. Overall, automotive accessory imports continue to indicate a slight downturn. The pa...
In 2015, global automotive accessory market grew to X billion USD, which was slightly higher than the year before. From 2007 to 2015, average annual growth rate of consumption stood at +X% per year.
China (X million USD) was calculated to be the leading consuming motor vehicle accessory market in 2015, accounting for approximately X% of global consumption. It was distantly followed by the U.S. with a X% share i
Global motor vehicle accessory market production was estimated at X billion USD in 2015, which was X% more than in 2014. There was an annual increase of +X% for the period from 2007 to 2015.
Explore the world's top import markets for clutches, including the United States, Germany, Mexico, China, and more. Get insights into the key statistics and import values of these countries, and understand the driving factors behind their demand for clutches.
Discover the top import markets for gear boxes around the world, including the United States, China, Germany, and more. Explore key statistics and import values for these countries. Find out how the IndexBox market intelligence platform can provide comprehensive insights for global trade.