United Kingdom - Electric Radiators And Convection Heaters - 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 Radiator Price in the UK - 2023
Contents:
- Electric Radiator Price in the UK (CIF) - 2023
- Electric Radiator Price in the UK (FOB) - 2022
- Electric Radiator Imports in the UK
- Electric Radiator Exports in the UK
Electric Radiator Price in the UK (CIF) - 2023
The average electric radiator import price stood at $22.5 per unit in August 2023, with a decrease of -15.6% against the previous month. Over the period under review, the import price showed a noticeable decrease. The growth pace was the most rapid in November 2022 an increase of 33% against the previous month. Over the period under review, average import prices hit record highs at $68.7 per unit in April 2023; however, from May 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($108 per unit), while the price for Lithuania ($8.1 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Malaysia (-3.5%), while the prices for the other major suppliers experienced a decline.
Electric Radiator Price in the UK (FOB) - 2022
The average electric radiator export price stood at $88 per unit in 2022, increasing by 9.8% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric radiator export price increased by +91.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 60% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($169 per unit), while the average price for exports to the Czech Republic ($38 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 Norway (+30.3%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Radiator Imports in the UK
Electric radiator imports into the UK fell to 7.8M units in 2022, shrinking by -10.6% on the previous year. Over the period under review, imports showed a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 34% against the previous year. Over the period under review, imports attained the maximum at 9.4M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, electric radiator imports contracted modestly to $281M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 78% against the previous year. As a result, imports attained the peak of $283M, leveling off in the following year.
| Import of Electric Radiator in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 120 | 96.9 | 211 | 199 | 18.4% |
| Spain | 11.7 | 11.5 | 19.0 | 23.0 | 25.3% |
| Ireland | 15.4 | 10.8 | 12.3 | 8.5 | -18.0% |
| Germany | 7.5 | 6.1 | 3.9 | 8.1 | 2.6% |
| France | 5.2 | 5.2 | 6.4 | 4.6 | -4.0% |
| Poland | 6.7 | 5.0 | 4.7 | 2.0 | -33.2% |
| Others | 26.5 | 23.8 | 26.1 | 36.1 | 10.9% |
| Total | 193 | 159 | 283 | 281 | 13.3% |
Top Suppliers of Electric Radiator to the UK in 2022:
- France (undefinedM units)
- China (6.9M units)
- Poland (0.2M units)
- Spain (0.2M units)
- Germany (0.1M units)
- Ireland (0.1M units)
Electric Radiator Exports in the UK
For the third consecutive year, the UK recorded decline in overseas shipments of electric radiators and convection heaters, which decreased by -6.3% to 815K units in 2022. In general, exports faced a abrupt slump. The exports peaked at 1.5M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, electric radiator exports rose slightly to $72M in 2022. The total export value increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 4.8% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Electric Radiator in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 19.1 | 17.5 | 18.5 | 17.1 | -3.6% |
| Germany | 8.2 | 6.6 | 8.7 | 13.9 | 19.2% |
| Ireland | 16.2 | 15.5 | 14.3 | 10.0 | -14.9% |
| France | 3.6 | 3.7 | 3.1 | 3.9 | 2.7% |
| Netherlands | 2.4 | 1.5 | 2.7 | 3.5 | 13.4% |
| Spain | 0.8 | 0.5 | 1.5 | 2.4 | 44.2% |
| Australia | 0.6 | 0.9 | 2.4 | 2.0 | 49.4% |
| China | 0.5 | 13.2 | 0.4 | 1.0 | 26.0% |
| Others | 15.7 | 10.8 | 18.2 | 17.9 | 4.5% |
| Total | 67.1 | 70.3 | 69.9 | 72.0 | 2.4% |
Top Export Markets for Electric Radiator from the UK in 2022:
- Sweden (275.3K units)
- Germany (202.9K units)
- Ireland (102.2K units)
- France (34.7K units)
- Netherlands (20.9K units)
- Australia (19.0K units)
- China (17.5K units)
- Spain (16.1K units)
This report provides an in-depth analysis of the electric radiator market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
512
This report provides an in-depth analysis of the electric radiator market in the UK.
450
This report provides an in-depth analysis of the electric heating equipment market in the UK.
284
This report provides an in-depth analysis of the domestic electric oven market in the UK.
56
This report provides an in-depth analysis of the domestic electro-thermic appliances market in the UK.
287
This report provides an in-depth analysis of the hair curler market in the UK.
328
This report provides an in-depth analysis of the electric heating radiator market in the UK.
313
This report provides an in-depth analysis of the electric heating resistor market in the UK.
332
This report provides an in-depth analysis of the electric hand-dryer market in the UK.
367
This report provides an in-depth analysis of the electric hair dryer market in the UK.
281
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 UK.
314
The price of the Hair Curler in April 2023 was $13.9 per unit (CIF, United Kingdom), showing a decrease of 14.2% compared to the previous month.
130
During the review period, imports of Microwave Oven peaked at 414K units in February 2023 before leveling off until November 2023. In terms of value, imports of Microwave Oven surged to $19M by November 2023.
303
In February 2023, the microwave oven price stood at $50.9 per unit (CIF, United Kingdom), shrinking by -13.6% against the previous month.
257
The price of the Domestic Coffee Machine in the United Kingdom increased by 30% to $82.9 per unit (CIF) in March 2023 compared to the previous month.
115
During the period analyzed, Domestic Toaster imports peaked at 545K units in September 2023 before leveling off until November 2023. In terms of value, imports of Domestic Toasters reached $6.8M in November 2023.
222
In August 2023, the import of Domestic Toasters reached its highest point. The value of these imports saw a modest expansion, totaling $7.4M.
147
From March 2023 to November 2023, the growth of imports for Electric Water Heater failed to regain momentum. In value terms, Electric Water Heater imports rose slightly to $16M in November 2023.
183
In June 2023, the price of the Smoothing Iron reached $17.0 per unit (CIF, United Kingdom), indicating a 5.7% increase compared to the previous month.
170
The growth of imports for Electric Oven And Cooker remained somewhat lower from January 2023 to October 2023. In terms of value, imports of Electric Oven And Cooker sharply expanded to $96M in October 2023.
1901
China dominates in the global trade of electric space heating apparatus and soil heating apparatus. In 2014, China exported X thousand tons of electric space heating apparatus and soil heating apparatus totaling X billion USD, X% over the previo
