China - Electric Heating Resistors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Heating Resistor Price in China - 2023
Contents:
- Electric Heating Resistor Price in China (FOB) - 2023
- Electric Heating Resistor Price in China (CIF) - 2022
- Electric Heating Resistor Exports in China
- Electric Heating Resistor Imports in China
Electric Heating Resistor Price in China (FOB) - 2023
The average electric heating resistor export price stood at $946 per thousand units in June 2023, surging by 8.3% against the previous month. Overall, the export price, however, saw a perceptible setback. The most prominent rate of growth was recorded in October 2022 an increase of 82% against the previous month. As a result, the export price reached the peak level of $2.1 per unit. From November 2022 to June 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($5.2 per unit), while the average price for exports to Vietnam ($169 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Heating Resistor Price in China (CIF) - 2022
The average electric heating resistor import price stood at $0.3 per unit in 2022, increasing by 8.6% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 145%. The import price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($0.1 per unit) and Germany ($0.1 per unit), while the price for France ($0.1 per unit) and South Korea ($0.1 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Heating Resistor Exports in China
In 2022, exports of electric heating resistors from China soared to 24B units, jumping by 18% against the year before. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 247%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, electric heating resistor exports reduced to $1B in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 40%. As a result, the exports reached the peak of $1.1B, and then fell in the following year.
| Export of Electric Heating Resistor in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 112 | 118 | 148 | 165 | 13.8% |
| Japan | 157 | 105 | 180 | 89.2 | -17.2% |
| Indonesia | 10.6 | 11.5 | 22.1 | 71.5 | 88.9% |
| South Korea | 51.2 | 56.9 | 78.3 | 68.9 | 10.4% |
| Malaysia | 56.8 | 59.7 | 59.2 | 52.5 | -2.6% |
| Vietnam | 28.7 | 33.6 | 38.9 | 44.1 | 15.4% |
| Thailand | 22.2 | 32.6 | 46.4 | 41.1 | 22.8% |
| India | 20.5 | 19.9 | 29.7 | 31.9 | 15.9% |
| Philippines | 16.2 | 16.8 | 26.7 | 28.4 | 20.6% |
| Poland | 15.6 | 13.4 | 18.1 | 20.8 | 10.1% |
| Turkey | 17.6 | 18.7 | 24.4 | 19.7 | 3.8% |
| Mexico | 12.5 | 12.2 | 16.8 | 15.6 | 7.7% |
| South Africa | 7.7 | 6.6 | 10.2 | 11.6 | 14.6% |
| Others | 226 | 269 | 385 | 366 | 17.4% |
| Total | 755 | 774 | 1,084 | 1,026 | 10.8% |
Top Export Markets for Electric Heating Resistor from China in 2022:
- Indonesia (1.3B units)
- South Korea (1.1B units)
- Vietnam (0.8B units)
- India (0.6B units)
- United States (0.6B units)
- Japan (0.6B units)
- Philippines (0.5B units)
- Thailand (0.4B units)
- Turkey (0.3B units)
- Mexico (0.3B units)
- South Africa (0.3B units)
- Malaysia (0.3B units)
- Poland (0.2B units)
Electric Heating Resistor Imports in China
In 2022, the amount of electric heating resistors imported into China shrank to 1.7B units, stabilizing at 2021 figures. Overall, imports recorded a significant decrease. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year. Imports peaked at 4B units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, electric heating resistor imports expanded remarkably to $569M in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Electric Heating Resistor in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 87.5 | 79.5 | 120 | 133 | 15.0% |
| Germany | 88.3 | 82.5 | 70.6 | 102 | 4.9% |
| United States | 97.1 | 52.8 | 82.5 | 86.7 | -3.7% |
| South Korea | 57.3 | 45.9 | 71.7 | 74.8 | 9.3% |
| Vietnam | 10.5 | 17.8 | 19.2 | 21.9 | 27.8% |
| Singapore | 24.0 | 25.1 | 17.5 | 18.8 | -7.8% |
| Switzerland | 30.8 | 25.1 | 18.9 | 18.6 | -15.5% |
| Italy | 9.2 | 8.1 | 10.9 | 10.2 | 3.5% |
| United Kingdom | 7.3 | 8.8 | 9.7 | 9.2 | 8.0% |
| France | 10.6 | 7.4 | 12.8 | 8.9 | -5.7% |
| Others | 62.1 | 74.8 | 93.1 | 84.3 | 10.7% |
| Total | 485 | 428 | 527 | 569 | 5.5% |
Top Suppliers of Electric Heating Resistor to China in 2022:
- Japan (1023.7M units)
- Germany (745.6M units)
- United States (633.4M units)
- South Korea (575.9M units)
- Vietnam (168.6M units)
- Singapore (144.4M units)
- Italy (78.7M units)
- France (68.7M units)
- United Kingdom (67.0M units)
- Switzerland (14.4M units)
This report provides an in-depth analysis of the electric heating resistor market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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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