Portugal - Electric Water Heaters And Immersion Heaters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingElectric Water Heater Price in Portugal - 2023
Contents:
- Electric Water Heater Price in Portugal (FOB) - 2022
- Electric Water Heater Price in Portugal (CIF) - 2023
- Electric Water Heater Exports in Portugal
- Electric Water Heater Imports in Portugal
Electric Water Heater Price in Portugal (FOB) - 2022
In 2022, the average electric water heater export price amounted to $116 per unit, rising by 4.7% against the previous year. Over the period under review, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric water heater export price decreased by -0.7% against 2020 indices. The most prominent rate of growth was recorded in 2019 an increase of 44%. Over the period under review, the average export prices reached the maximum at $117 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($1,188 per unit), while the average price for exports to Denmark ($36 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 the UK (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Water Heater Price in Portugal (CIF) - 2023
The average electric water heater import price stood at $80.0 per unit in August 2023, which is down by -9.1% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 34% month-to-month. The import price peaked at $93.7 per unit in May 2023; however, from June 2023 to August 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the countries with the highest prices were Italy ($98.3 per unit) and Spain ($81.3 per unit), while the price for China ($66.4 per unit) and Egypt ($69.4 per unit) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Water Heater Exports in Portugal
In 2022, shipments abroad of electric water heaters and immersion heaters decreased by -34% to 196K units, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2020 when exports increased by 0.6%. As a result, the exports attained the peak of 359K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, electric water heater exports contracted sharply to $23M in 2022. In general, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2020 when exports increased by 11% against the previous year. As a result, the exports attained the peak of $42M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Electric Water Heater in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 11.2 | 11.2 | 12.2 | 11.8 | 1.8% |
| Spain | 1.7 | 2.5 | 2.8 | 2.8 | 18.1% |
| Netherlands | 1.0 | 2.1 | 1.6 | 1.7 | 19.3% |
| Poland | 2.9 | 2.5 | 1.9 | 1.1 | -27.6% |
| Australia | N/A | N/A | N/A | 0.3 | 0% |
| France | 0.8 | 1.4 | 0.3 | 0.3 | -27.9% |
| Switzerland | 0.2 | 0.3 | 0.4 | 0.2 | 0.0% |
| United Kingdom | 9.7 | 8.3 | 4.3 | 0.1 | -78.2% |
| Ireland | 6.9 | 7.3 | 2.8 | N/A | -36.3% |
| Others | 3.5 | 6.2 | 6.6 | 4.5 | 8.7% |
| Total | 37.8 | 41.8 | 32.9 | 22.7 | -15.6% |
Top Export Markets for Electric Water Heater from Portugal in 2022:
- Ireland (undefinedK units)
- Germany (111.3K units)
- Spain (29.3K units)
- Netherlands (9.5K units)
- Poland (8.0K units)
- Switzerland (5.7K units)
- France (4.5K units)
- Australia (4.3K units)
- United Kingdom (0.4K units)
Electric Water Heater Imports in Portugal
Electric water heater imports into Portugal shrank to 433K units in 2022, almost unchanged from the previous year's figure. Overall, imports continue to indicate a abrupt contraction. Over the period under review, imports reached the peak figure at 614K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, electric water heater imports declined modestly to $32M in 2022. The total import value increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 12%. Over the period under review, imports hit record highs at $33M in 2021, and then shrank modestly in the following year.
| Import of Electric Water Heater in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 12.4 | 15.9 | 12.8 | 11.5 | -2.5% |
| China | 3.2 | 2.9 | 4.6 | 5.7 | 21.2% |
| Germany | 3.7 | 4.0 | 4.8 | 3.7 | 0.0% |
| Egypt | 1.3 | 1.4 | 2.5 | 3.0 | 32.1% |
| Bulgaria | 1.3 | 0.9 | 1.0 | 2.5 | 24.4% |
| Italy | 2.3 | 2.3 | 3.5 | 2.3 | 0.0% |
| Netherlands | 0.6 | 0.6 | 0.5 | 0.4 | -12.6% |
| France | 0.8 | 1.0 | 0.7 | 0.3 | -27.9% |
| Others | 1.6 | 1.6 | 2.4 | 2.3 | 12.9% |
| Total | 27.2 | 30.6 | 32.8 | 31.7 | 5.2% |
Top Suppliers of Electric Water Heater to Portugal in 2022:
- China (159.7K units)
- Spain (112.3K units)
- Germany (43.8K units)
- Netherlands (26.5K units)
- Egypt (22.8K units)
- Italy (22.0K units)
- Bulgaria (20.2K units)
- France (14.8K units)
This report provides an in-depth analysis of the electric water heater market in Portugal. 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 27512530 - Electric instantaneous water heaters
- Prodcom 27512550 -
- Prodcom 27512570 -
- Prodcom 27512560 - Electric water heaters and immersion heaters (excluding instantaneous water heaters)
Country coverage:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- 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
-
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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