Spain - Electric Space Heating Apparatus And Soil Heating Apparatus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingElectric Heating Equipment Price in Spain - 2023
Contents:
- Electric Heating Equipment Price in Spain (CIF) - 2023
- Electric Heating Equipment Price in Spain (FOB) - 2023
- Electric Heating Equipment Imports in Spain
- Electric Heating Equipment Exports in Spain
Electric Heating Equipment Price in Spain (CIF) - 2023
In August 2023, the average electric heating equipment import price amounted to $38.1 per unit, which is down by -16.6% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in March 2023 an increase of 82% m-o-m. As a result, import price attained the peak level of $87.5 per unit. From April 2023 to August 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Malaysia ($241 per unit), while the price for China ($31.3 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Electric Heating Equipment Price in Spain (FOB) - 2023
In August 2023, the average electric heating equipment export price amounted to $60.1 per unit, waning by -4% against the previous month. In general, export price indicated a tangible expansion from August 2022 to August 2023: its price increased at an average monthly rate of +2.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, electric heating equipment export price decreased by -17.5% against May 2023 indices. The pace of growth appeared the most rapid in May 2023 when the average export price increased by 48% m-o-m. As a result, the export price attained the peak level of $72.9 per unit. From June 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was the Netherlands ($171 per unit), while the average price for exports to Greece ($35.1 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+30.7%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Heating Equipment Imports in Spain
Electric heating equipment imports into Spain fell to 2.9M units in 2022, with a decrease of -5.6% on 2021. Over the period under review, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. Imports peaked at 4.2M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, electric heating equipment imports shrank to $108M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 56% against the previous year. As a result, imports reached the peak of $119M, and then shrank in the following year.
| Import of Electric Heating Equipment in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 49.1 | 49.5 | 85.6 | 77.0 | 16.2% |
| Italy | 8.1 | 5.9 | 5.9 | 6.9 | -5.2% |
| Germany | 3.0 | 9.3 | 5.2 | 5.6 | 23.1% |
| France | 2.5 | 2.4 | 5.6 | 4.5 | 21.6% |
| Netherlands | 1.5 | 1.4 | 3.1 | 3.7 | 35.1% |
| Others | 12.4 | 7.8 | 13.6 | 10.7 | -4.8% |
| Total | 76.6 | 76.2 | 119 | 108 | 12.1% |
Top Suppliers of Electric Heating Equipment to Spain in 2022:
- China (2354.5K units)
- France (167.3K units)
- Netherlands (119.2K units)
- Italy (88.6K units)
- Germany (74.7K units)
Electric Heating Equipment Exports in Spain
In 2022, approx. 1.8M units of electric space heating apparatus and soil heating apparatus were exported from Spain; picking up by 13% against 2021 figures. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 55%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, electric heating equipment exports amounted to $91M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 27%. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Electric Heating Equipment in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 19.2 | 30.2 | 38.6 | 29.0 | 14.7% |
| France | 12.8 | 15.9 | 22.5 | 26.7 | 27.8% |
| Portugal | 10.7 | 9.6 | 12.7 | 10.5 | -0.6% |
| Germany | 0.5 | 1.5 | 1.6 | 6.0 | 128.9% |
| Ireland | 4.9 | 4.3 | 4.9 | 5.7 | 5.2% |
| Italy | 1.2 | 1.5 | 1.9 | 2.7 | 31.0% |
| Netherlands | 1.3 | 1.3 | 1.2 | 2.0 | 15.4% |
| Morocco | 0.7 | 0.6 | 0.1 | 0.3 | -24.6% |
| Others | 6.0 | 6.0 | 6.8 | 8.4 | 11.9% |
| Total | 57.3 | 70.8 | 90.2 | 91.3 | 16.8% |
Top Export Markets for Electric Heating Equipment from Spain in 2022:
- France (554.3K units)
- Portugal (329.0K units)
- United Kingdom (303.5K units)
- Germany (204.9K units)
- Italy (161.4K units)
- Ireland (48.0K units)
- Netherlands (37.3K units)
- Morocco (12.1K units)
This report provides an in-depth analysis of the electric heating equipment market in Spain. 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 27512630 - Electric storage heating radiators
- Prodcom 27512650 - Electric radiators, convection heaters and heaters or fires with built-in fans
- Prodcom 27512690 - Other electric space heaters
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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
-
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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