Australia - Electric Heating Resistors - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Australia - Electric Heating Resistors - Market Analysis, Forecast, Size, Trends And Insights

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Electric Heating Resistor Price in Australia - 2023

Contents:

  1. Electric Heating Resistor Price in Australia (CIF) - 2022
  2. Electric Heating Resistor Price in Australia (FOB) - 2022
  3. Electric Heating Resistor Imports in Australia
  4. Electric Heating Resistor Exports in Australia

Electric Heating Resistor Price in Australia (CIF) - 2022

The average electric heating resistor import price stood at $0.1 per unit in 2022, with a decrease of -13.9% against the previous year. Overall, the import price, however, saw a strong expansion. The most prominent rate of growth was recorded in 2018 an increase of 126%. As a result, import price reached the peak level of $0.1 per unit. From 2019 to 2022, the average import prices failed to regain momentum.

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 China ($0.2 per unit), while the price for Malaysia ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+24.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Electric Heating Resistor Price in Australia (FOB) - 2022

In 2022, the average electric heating resistor export price amounted to $0.2 per unit, shrinking by -11% against the previous year. Overall, the export price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 an increase of 287% against the previous year. The export price peaked at $0.2 per unit in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($0.2 per unit), while the average price for exports to the United Arab Emirates (less than $0.1 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 Fiji (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Heating Resistor Imports in Australia

For the fourth year in a row, Australia recorded growth in purchases abroad of electric heating resistors, which increased by 8.5% to 286M units in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 40%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, electric heating resistor imports reduced to $25M in 2022. The total import value increased at an average annual rate of +10.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. As a result, imports attained the peak of $27M, and then fell in the following year.

Import of Electric Heating Resistor in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.99.414.711.814.3%
United Kingdom2.42.22.83.210.1%
United States2.12.92.12.44.6%
Germany1.21.11.21.0-5.9%
Italy0.90.70.90.8-3.9%
India0.40.50.50.614.5%
Taiwan (Chinese)0.10.10.50.571.0%
Mexico0.10.20.20.571.0%
Poland0.50.40.40.50.0%
New Zealand0.50.50.60.50.0%
Denmark0.10.30.20.458.7%
Sweden0.30.20.20.410.1%
Malaysia0.20.20.60.314.5%
Others2.42.32.22.62.7%
Total19.021.027.325.510.3%

Top Suppliers of Electric Heating Resistor to Australia in 2022:

  1. China (62.7M units)
  2. United Kingdom (25.1M units)
  3. United States (15.8M units)
  4. Germany (7.2M units)
  5. Italy (4.5M units)
  6. Malaysia (3.8M units)
  7. India (3.6M units)
  8. New Zealand (3.2M units)
  9. Poland (3.0M units)
  10. Taiwan (Chinese) (2.9M units)
  11. Denmark (2.9M units)
  12. Sweden (2.9M units)
  13. Mexico (2.6M units)

Electric Heating Resistor Exports in Australia

In 2022, the amount of electric heating resistors exported from Australia soared to 6.6M units, picking up by 40% against 2021 figures. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.7% 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 decreased by -1.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 52% against the previous year. As a result, the exports attained the peak of 6.7M units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, electric heating resistor exports soared to $1.2M 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 +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -5.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 72%. As a result, the exports reached the peak of $1.3M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Electric Heating Resistor in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand13536127341945.9%
Papua New Guinea233261265230-0.4%
Singapore11.32.225.2145134.1%
Belgium20.86.121.261.843.8%
China3.612.213551.0142.0%
Cote d'IvoireN/AN/AN/A41.00%
Malaysia7.1N/AN/A31.263.8%
Fiji35.239.327.230.0-5.2%
United States28.715.911124.6-5.0%
VietnamN/A37.0N/A18.9-28.5%
Thailand1283.413.712.6-53.8%
United Arab Emirates53.29.26.06.4-50.6%
MadagascarN/A226N/AN/A0%
Others73.328375.511114.8%
Total7301,2559531,18317.5%

Top Export Markets for Electric Heating Resistor from Australia in 2022:

  1. New Zealand (2332.9K units)
  2. Papua New Guinea (1279.7K units)
  3. Singapore (807.9K units)
  4. Belgium (344.0K units)
  5. China (283.8K units)
  6. Cote d'Ivoire (228.0K units)
  7. United Arab Emirates (205.2K units)
  8. Malaysia (173.7K units)
  9. Fiji (167.0K units)
  10. United States (136.7K units)
  11. Vietnam (105.0K units)
  12. Thailand (70.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electric heating resistor 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 27512900 - Electric heating resistors (excluding of carbon)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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