Research Report on China's Auto Water Tank Radiators Export 2023-2032
China is one of the world's major auto parts producers and exporters. Auto water tank radiator is also one of the important components of China's auto parts exports.
In 2021, China exported 26.459 million automotive water tank radiators, up 24.4% year-on-year, with an export value of US$772 million, up 30.4% year-on-year. According to CRI analysis, in the first three quarters of 2022, China exported 22,664,000 automotive water tank radiators, up 20.8% year-on-year, with an export value of US$737 million, up 34.0% year-on-year.
The average price of China's automotive water tank radiator exports grew gradually in the first three quarters of 2018-2022. According to CRI analysis, in 2018-2021, the average price of China's automotive water tank radiator exports was relatively stable, remaining in the overall price range of US$27-29 each. In the first three quarters of 2022, the average price of China's automotive water tank radiator exports increased by 10.9% year-on-year to US$32.5 each.
In 2021, China's automotive water tank radiator exports to about two hundred countries and regions around the world. CRI analysis, by export volume, the United States, the Russian Federation, South Korea, Mexico, Brazil, Germany, Poland, the United Arab Emirates, Kazakhstan and Turkey are China's major automotive water tank radiator export destinations.
Among them, the U.S. is China's largest exporter of automotive water tank radiators. In 2021, China exported 5,870,000 automotive water tank radiators to the U.S., accounting for 22.2% of the total exports and US$255.4 million, accounting for 33.1% of the total exports.
CRI expects that China's automotive water tank radiator exports are expected to continue to rise in 2023-2032. On the one hand, auto water tank radiators produced by Chinese local auto parts manufacturers will continue to be exported. On the other hand, Chinese auto parts companies set up factories in Vietnam, Thailand and other Southeast Asian countries will also export a large number of auto parts, including auto water tank radiators, to various parts of the world.
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