Australia - Electric Storage Heating Radiators - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Heating Radiator Price in Australia - 2023
Contents:
- Electric Heating Radiator Price in Australia (CIF) - 2022
- Electric Heating Radiator Price in Australia (FOB) - 2022
- Electric Heating Radiator Imports in Australia
- Electric Heating Radiator Exports in Australia
Electric Heating Radiator Price in Australia (CIF) - 2022
In 2022, the average electric heating radiator import price amounted to $118 per unit, with an increase of 13% against the previous year. Over the period under review, the import price showed a strong increase. The growth pace was the most rapid in 2019 an increase of 527%. As a result, import price reached the peak level of $273 per unit. From 2020 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($360 per unit), while the price for China ($35 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+25.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Heating Radiator Price in Australia (FOB) - 2022
In 2022, the average electric heating radiator export price amounted to $1,654 per unit, surging by 89% against the previous year. In general, the export price posted significant growth. The pace of growth appeared the most rapid in 2021 an increase of 976% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Papua New Guinea ($3,074 per unit), while the average price for exports to the United States ($59 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 Papua New Guinea (+15.6%), while the prices for the other major destinations experienced mixed trend patterns.
Electric Heating Radiator Imports in Australia
In 2022, approx. 3.1K units of electric storage heating radiators were imported into Australia; rising by 51% on 2021. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, electric heating radiator imports surged to $368K in 2022. Over the period under review, imports, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2021 with an increase of 170% against the previous year. Over the period under review, imports attained the peak figure at $424K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Electric Heating Radiator in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | 48.2 | 32.5 | 98.9 | 43.2% |
| United States | 7.9 | N/A | N/A | 75.6 | 112.3% |
| China | 383 | 8.3 | 47.5 | 66.8 | -44.1% |
| Spain | 12.9 | 9.1 | 19.2 | 66.0 | 72.3% |
| Germany | N/A | 2.9 | 84.2 | 49.5 | 313.1% |
| Italy | 12.5 | 5.0 | 14.4 | 7.6 | -15.3% |
| Others | 7.3 | 6.7 | 19.0 | 4.0 | -18.2% |
| Total | 424 | 80.2 | 217 | 368 | -4.6% |
Top Suppliers of Electric Heating Radiator to Australia in 2022:
- China (1921.0 units)
- Turkey (904.0 units)
- United States (210.0 units)
- Spain (205.0 units)
- Germany (157.0 units)
- Italy (40.0 units)
Electric Heating Radiator Exports in Australia
In 2022, after two years of decline, there was significant growth in overseas shipments of electric storage heating radiators, when their volume increased by 9.2% to 95 units. Over the period under review, exports, however, saw a dramatic curtailment. The exports peaked at 2.3K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, electric heating radiator exports surged to $157K in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 736% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Electric Heating Radiator in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Papua New Guinea | N/A | 2.7 | 29.5 | 55.3 | 352.6% |
| United States | 59.7 | N/A | 10.0 | 47.8 | -7.1% |
| New Zealand | 5.9 | 4.8 | 21.4 | 2.9 | -21.1% |
| Russia | N/A | N/A | 4.9 | 2.3 | -53.1% |
| China | N/A | N/A | 10.2 | N/A | 0% |
| Italy | N/A | 1.6 | N/A | N/A | 0% |
| Others | 5.6 | N/A | N/A | 48.8 | 105.8% |
| Total | 71.2 | 9.1 | 76.1 | 157 | 30.2% |
Top Export Markets for Electric Heating Radiator from Australia in 2022:
- United States (803.0 units)
- New Zealand (22.0 units)
- Papua New Guinea (18.0 units)
- Russia (12.0 units)
This report provides an in-depth analysis of the electric heating radiator market in Australia. 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
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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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