U.S. - Electric Heating Resistors - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingElectric Heating Resistor Price in the United States - 2023
Contents:
- Electric Heating Resistor Price in the United States (CIF) - 2023
- Electric Heating Resistor Price in the United States (FOB) - 2022
- Electric Heating Resistor Imports in the United States
- Electric Heating Resistor Exports in the United States
Electric Heating Resistor Price in the United States (CIF) - 2023
The average electric heating resistor import price stood at $5.4 per unit in July 2023, rising by 19% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 45% month-to-month. As a result, import price reached the peak level of $6.4 per unit. From December 2022 to July 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($6.3 per unit), while the price for Vietnam ($1.8 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Electric Heating Resistor Price in the United States (FOB) - 2022
In 2022, the average electric heating resistor export price amounted to $0.2 per unit, growing by 3.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 4.7%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to South Korea ($0.2 per unit) and Mexico ($0.2 per unit), while the average price for exports to Singapore ($0.2 per unit) and the UK ($0.2 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Heating Resistor Imports in the United States
In 2022, the amount of electric heating resistors imported into the United States totaled 6.1B units, with an increase of 2.7% compared with 2021. The total import volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, electric heating resistor imports rose significantly to $855M in 2022. The total import value increased at an average annual rate of +8.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 21%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Electric Heating Resistor in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 335 | 335 | 403 | 461 | 11.2% |
| Japan | 88.9 | 72.9 | 79.9 | 73.2 | -6.3% |
| Vietnam | 33.5 | 27.9 | 43.8 | 60.1 | 21.5% |
| China | 52.9 | 39.7 | 55.4 | 56.9 | 2.5% |
| Germany | 25.7 | 20.8 | 28.0 | 27.1 | 1.8% |
| United Kingdom | 42.4 | 34.6 | 28.6 | 26.6 | -14.4% |
| France | 12.5 | 15.0 | 14.1 | 23.2 | 22.9% |
| Canada | 19.9 | 15.3 | 15.3 | 20.6 | 1.2% |
| India | 6.5 | 7.8 | 11.6 | 11.4 | 20.6% |
| Serbia | 1.8 | 0.4 | 2.8 | 10.9 | 82.3% |
| New Zealand | 3.5 | 5.2 | 3.9 | 5.4 | 15.6% |
| Italy | 2.7 | 2.8 | 6.4 | 5.2 | 24.4% |
| Others | 49.6 | 49.9 | 65.5 | 73.2 | 13.9% |
| Total | 674 | 627 | 759 | 855 | 8.3% |
Top Suppliers of Electric Heating Resistor to the United States in 2022:
- Mexico (3547.0M units)
- Germany (947.4M units)
- United Kingdom (928.9M units)
- France (810.8M units)
- Canada (720.8M units)
- China (437.4M units)
- India (398.3M units)
- Serbia (382.8M units)
- New Zealand (190.1M units)
- Italy (181.3M units)
- Vietnam (166.4M units)
- Japan (162.8M units)
Electric Heating Resistor Exports in the United States
In 2022, approx. 3.2B units of electric heating resistors were exported from the United States; surging by 3.6% compared with 2021. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 13%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, electric heating resistor exports rose sharply to $581M in 2022. The total export value increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 16%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Electric Heating Resistor in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 185 | 178 | 207 | 201 | 2.8% |
| Canada | 74.5 | 62.2 | 74.4 | 91.5 | 7.1% |
| China | 65.2 | 30.7 | 44.9 | 43.4 | -12.7% |
| Singapore | 30.3 | 32.8 | 36.7 | 38.2 | 8.0% |
| Belgium | 29.3 | 26.2 | 31.1 | 35.3 | 6.4% |
| South Korea | 12.9 | 13.4 | 18.3 | 29.9 | 32.3% |
| Japan | 19.7 | 26.5 | 30.9 | 26.0 | 9.7% |
| Germany | 12.7 | 15.0 | 18.1 | 18.3 | 12.9% |
| Netherlands | 10.0 | 9.1 | 9.3 | 11.3 | 4.2% |
| United Kingdom | 19.5 | 14.3 | 9.8 | 7.8 | -26.3% |
| Others | 66.0 | 61.0 | 63.4 | 77.7 | 5.6% |
| Total | 526 | 469 | 544 | 581 | 3.4% |
Top Export Markets for Electric Heating Resistor from the United States in 2022:
- Mexico (1195.1M units)
- Canada (542.9M units)
- China (257.7M units)
- Singapore (226.4M units)
- Belgium (209.4M units)
- South Korea (167.1M units)
- Japan (154.6M units)
- Germany (108.3M units)
- Netherlands (67.3M units)
- United Kingdom (46.4M units)
This report provides an in-depth analysis of the electric heating resistor 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 27512900 - Electric heating resistors (excluding of carbon)
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
385
This report provides an in-depth analysis of the electric heating resistor market in the U.S..
317
This report provides an in-depth analysis of the domestic built-in oven market in the USA.
343
This report provides an in-depth analysis of the domestic electric oven market in the USA.
113
This report provides an in-depth analysis of the domestic electro-thermic appliances market in the U.S..
440
This report provides an in-depth analysis of the hair curler market in the U.S..
476
This report provides an in-depth analysis of the electric heating radiator market in the U.S..
363
This report provides an in-depth analysis of the electric radiator market in the U.S..
402
This report provides an in-depth analysis of the electric hand-dryer market in the U.S..
492
This report provides an in-depth analysis of the electric hair dryer market in the U.S..
418
This report provides an in-depth analysis of the market for domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines in the U.S..
240
In terms of value, imports of Electric Heating Resistors decreased to $60M in July 2023.
82
During the review period, Hair Curler imports reached a peak of 3.8M units in May 2023 before stabilizing until December 2023. In terms of value, imports saw a significant decline to $32M by December 2023.
233
Hair Curler imports reached a record high of $46 million in May 2023.
358
Electric heating radiator imports reached a staggering $2.6 million in June 2023.
121
During the review period, Electric Hair Dryer imports reached a peak of 2.3M units in May 2023, but from June to December 2023, the number of imports decreased. In terms of value, Electric Hair Dryer imports dropped significantly to $21M in December 2023.
346
In April 2023, the electric hair dryer price amounted to $15.2 per unit (CIF, US), declining by -5.9% against the previous month.
257
In February 2023, the price of a microwave oven was $75.9 (CIF, US) - an 11% increase compared to the previous month.
346
In August 2022, the microwave oven price stood at $85 per unit (CIF, US), with a decrease of -7% against the previous month.
582
Despite global logistical tensions amid the sharp container shortage, the U.S. continues to boosts microwave oven imports. Last year, American purchases spiked by +16.3% to $1.6B, reaching the highest level ever. In the first seven months of 2021, American imports reached 12.9M units, exceeding last year’s 12.1M units over the same period. China dominates American imports, supplying 95% of the total volume. In 2020, Chinese shipments to the U.S. jumped by +29% y-o-y to 22M units, while Malaysia saw a 19%-decline in supplies. Chinese microwave ovens thus drive out Malaysian products from the American market.
467
In April 2023, the domestic coffee machine price amounted to $35.2 per unit (CIF, US), with a decrease of -13.2% against the previous month.
