China - Electric Radiators And Convection Heaters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Radiator Price in China - 2023
Contents:
- Electric Radiator Price in China (FOB) - 2023
- Electric Radiator Price in China (CIF) - 2022
- Electric Radiator Exports in China
- Electric Radiator Imports in China
Electric Radiator Price in China (FOB) - 2023
In September 2023, the average electric radiator export price amounted to $19.6 per unit, jumping by 17% against the previous month. Overall, the export price, however, saw a slight contraction. The export price peaked at $30.2 per unit in December 2022; however, from January 2023 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($34.3 per unit), while the average price for exports to Italy ($12.1 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Radiator Price in China (CIF) - 2022
The average electric radiator import price stood at $132 per unit in 2022, reducing by -5.8% against the previous year. Overall, the import price, however, continues to indicate a strong increase. The growth pace was the most rapid in 2018 when the average import price increased by 162%. The import price peaked at $177 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($459 per unit), while the price for Vietnam ($18 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+41.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Radiator Exports in China
In 2022, exports of electric radiators and convection heaters from China contracted to 115M units, with a decrease of -3.3% compared with 2021. The total export volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 29% against the previous year. As a result, the exports attained the peak of 119M units, and then fell in the following year.
In value terms, electric radiator exports reached $2.7B in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.8% 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 +55.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 43% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.
| Export of Electric Radiator in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 528 | 575 | 758 | 728 | 11.3% |
| Japan | 196 | 154 | 237 | 253 | 8.9% |
| Germany | 74.6 | 101 | 154 | 229 | 45.3% |
| United Kingdom | 113 | 130 | 239 | 180 | 16.8% |
| Netherlands | 58.4 | 63.6 | 104 | 155 | 38.5% |
| Russia | 51.1 | 48.2 | 89.1 | 105 | 27.1% |
| Canada | 59.8 | 73.1 | 102 | 91.5 | 15.2% |
| France | 73.5 | 70.6 | 79.2 | 72.8 | -0.3% |
| Australia | 41.0 | 41.4 | 59.7 | 63.6 | 15.8% |
| Spain | 47.3 | 42.9 | 70.6 | 62.8 | 9.9% |
| South Korea | 47.2 | 36.1 | 59.2 | 62.5 | 9.8% |
| Poland | 21.3 | 27.4 | 40.9 | 56.5 | 38.4% |
| Italy | 41.6 | 37.0 | 47.3 | 53.0 | 8.4% |
| Others | 404 | 445 | 605 | 613 | 14.9% |
| Total | 1,757 | 1,845 | 2,645 | 2,727 | 15.8% |
Top Export Markets for Electric Radiator from China in 2022:
- United States (28.9M units)
- Germany (7.7M units)
- Russia (7.3M units)
- Japan (6.7M units)
- United Kingdom (6.0M units)
- Netherlands (6.0M units)
- Italy (4.2M units)
- Spain (3.7M units)
- Poland (3.4M units)
- France (3.0M units)
- South Korea (2.9M units)
- Canada (2.8M units)
- Australia (2.5M units)
Electric Radiator Imports in China
In 2022, imports of electric radiators and convection heaters into China dropped slightly to 533K units, with a decrease of -4.4% on the year before. In general, imports showed a abrupt curtailment. Over the period under review, imports attained the maximum at 785K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, electric radiator imports contracted to $71M in 2022. Over the period under review, imports faced a sharp decline. Imports peaked at $139M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Electric Radiator in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 74.7 | 67.9 | 35.2 | 37.1 | -20.8% |
| Germany | 23.9 | 15.0 | 30.1 | 11.5 | -21.6% |
| Poland | N/A | N/A | N/A | 6.3 | 0% |
| France | 5.6 | 2.9 | 2.6 | 5.4 | -1.2% |
| Japan | 22.0 | 1.9 | 1.3 | 2.2 | -53.6% |
| United States | 2.4 | 1.1 | 1.1 | 1.5 | -14.5% |
| Thailand | N/A | N/A | 0.8 | 0.8 | 0.0% |
| Czech Republic | N/A | N/A | N/A | 0.4 | 0% |
| Vietnam | N/A | N/A | N/A | 0.3 | 0% |
| Others | 10.1 | 8.0 | 7.2 | 5.2 | -19.9% |
| Total | 139 | 97.0 | 78.4 | 70.7 | -20.2% |
Top Suppliers of Electric Radiator to China in 2022:
- Malaysia (345.4K units)
- Germany (72.2K units)
- France (38.7K units)
- Thailand (27.4K units)
- Poland (18.8K units)
- Czech Republic (17.1K units)
- Vietnam (16.0K units)
- United States (9.5K units)
- Japan (4.8K units)
This report provides an in-depth analysis of the electric radiator 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 27512650 - Electric radiators, convection heaters and heaters or fires with built-in fans
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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