U.S. - Radio Receivers For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVehicle Radio Prices in the United States
U.S. Vehicle Radio Import Price in June 2022
In June 2022, the vehicle radio price amounted to $131 per unit (CIF, US), surging by 11% against the previous month. Over the period from January 2022 to June 2022, it increased at an average monthly rate of +2.2%. The growth pace was the most rapid in May 2022 an increase of 16% m-o-m. The import price peaked in June 2022.
Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($164 per unit), while the price for Taiwan (Chinese) ($26 per unit) was amongst the lowest.
From January 2022 to June 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Vehicle Radio Imports
In July 2022, imports of radio receivers for motor vehicles into the United States contracted rapidly to 296K units, which is down by -19.2% compared with June 2022 figures. The total import volume increased at an average monthly rate of +3.3% from January 2022 to July 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in February 2022 with an increase of 19% month-to-month. Imports peaked at 367K units in June 2022, and then contracted dramatically in the following month.
In value terms, vehicle radio imports contracted to $42M (IndexBox estimates) in July 2022. Over the period under review, total imports indicated buoyant growth from January 2022 to July 2022: its value increased at an average monthly rate of +6.6% over the last six-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2022 figures, imports increased by +28.7% against April 2022 indices. The most prominent rate of growth was recorded in June 2022 when imports increased by 28% against the previous month. As a result, imports reached the peak of $48M, and then reduced in the following month.
U.S. Vehicle Radio Imports by Country
In June 2022, Mexico (283K units) constituted the largest supplier of vehicle radio to the United States, accounting for a 77% share of total imports. Moreover, vehicle radio imports from Mexico exceeded the figures recorded by the second-largest supplier, the Czech Republic (33K units), ninefold. The third position in this ranking was held by China (19K units), with a 5.2% share.
From January 2022 to June 2022, the average monthly rate of growth in terms of volume from Mexico totaled +6.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: the Czech Republic (+993.6% per month) and China (+39.5% per month).
In value terms, Mexico ($39M) constituted the largest supplier of vehicle radio to the United States, comprising 81% of total imports. The second position in the ranking was taken by the Czech Republic ($5.4M), with an 11% share of total imports. It was followed by China, with a 3.2% share.
From January 2022 to June 2022, the average monthly growth rate of value from Mexico amounted to +8.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: the Czech Republic (+1,134.5% per month) and China (+19.7% per month).
This report provides an in-depth analysis of the vehicle radio 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 26401290 - Radio receivers for motor vehicles, n.e.c.
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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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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In October 2022, the vehicle radio price stood at $158 per unit (CIF, US), picking up by 7.1% against the previous month.
210
Imports of Radio Receivers declined to $300M in June 2023.
824
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
652
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
194
In October 2022, the vehicle radio price stood at $158 per unit (CIF, US), picking up by 7.1% against the previous month.
210
Imports of Radio Receivers declined to $300M in June 2023.
824
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
652
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
