China - Non-Domestic Heat Exchange Units - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

China - Non-Domestic Heat Exchange Units - Market Analysis, Forecast, Size, Trends And Insights

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Price for Non-Domestic Heat Exchange Unit in China - 2023

Contents:

  1. Price for Non-Domestic Heat Exchange Unit in China (FOB) - 2023
  2. Price for Non-Domestic Heat Exchange Unit in China (CIF) - 2022
  3. Exports of Non-Domestic Heat Exchange Unit in China
  4. Imports of Non-Domestic Heat Exchange Unit in China

Price for Non-Domestic Heat Exchange Unit in China (FOB) - 2023

The average non-domestic heat exchange unit export price stood at $134 per unit in September 2023, falling by -16% against the previous month. In general, the export price showed a pronounced curtailment. The most prominent rate of growth was recorded in February 2023 an increase of 146% month-to-month. The export price peaked at $398 per unit in March 2023; however, from April 2023 to September 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was the United States ($211 per unit), while the average price for exports to Belgium ($19.0 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 Italy (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Non-Domestic Heat Exchange Unit in China (CIF) - 2022

In 2022, the average non-domestic heat exchange unit import price amounted to $716 per unit, falling by -14.9% against the previous year. Overall, the import price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 an increase of 87%. The import price peaked at $841 per unit in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($2,427 per unit), while the price for Romania ($265 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+19.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Non-Domestic Heat Exchange Unit in China

In 2022, non-domestic heat exchange unit exports from China soared to 8.8M units, rising by 16% compared with the year before. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +18.2% 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 +64.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 38% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, non-domestic heat exchange unit exports surged to $1.7B in 2022. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Non-Domestic Heat Exchange Unit in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada7.66.89.4217205.6%
Mexico15.673.1159175123.9%
United States11011510215812.8%
Indonesia62.855.494.114331.6%
Japan71.381.210210513.8%
South Korea63.950.053.681.68.5%
India47.539.847.863.510.2%
South Africa5.162.12.255.6121.7%
Vietnam31.421.433.345.313.0%
Turkey7.217.613.739.275.9%
Taiwan (Chinese)31.636.439.436.44.8%
Russia16.534.716.631.023.4%
Malaysia20.619.318.428.411.3%
Others4194094855157.1%
Total9111,0221,1761,69623.0%

Top Export Markets for Non-Domestic Heat Exchange Unit from China in 2022:

  1. Indonesia (1410.4K units)
  2. Canada (1151.7K units)
  3. United States (699.2K units)
  4. Mexico (438.3K units)
  5. Japan (360.4K units)
  6. India (348.8K units)
  7. Vietnam (319.1K units)
  8. South Africa (268.0K units)
  9. South Korea (261.5K units)
  10. Turkey (232.7K units)
  11. Taiwan (Chinese) (216.7K units)
  12. Malaysia (189.0K units)
  13. Russia (178.2K units)

Imports of Non-Domestic Heat Exchange Unit in China

In 2022, non-domestic heat exchange unit imports into China declined rapidly to 932K units, waning by -17.4% compared with 2021 figures. In general, imports saw a sharp reduction. The growth pace was the most rapid in 2021 with an increase of 26%. Imports peaked at 1.9M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, non-domestic heat exchange unit imports contracted dramatically to $667M in 2022. Overall, imports saw a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 35%. As a result, imports reached the peak of $948M, and then reduced dramatically in the following year.

Import of Non-Domestic Heat Exchange Unit in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10511311699.7-1.7%
South Korea11711718294.2-7.0%
Japan94.177.174.093.3-0.3%
Germany17796.523273.0-25.6%
Italy23.635.234.647.526.3%
France51.576.096.741.0-7.3%
Belgium29.957.021.228.2-1.9%
Sweden11.213.317.923.728.4%
Brazil15.84.83.722.312.2%
United Arab Emirates5.20.10.117.850.7%
India1.52.122.810.591.3%
Poland1.14.72.87.488.8%
Romania2.81.013.15.222.9%
Others149102132104-11.3%
Total785700948667-5.3%

Top Suppliers of Non-Domestic Heat Exchange Unit to China in 2022:

  1. South Korea (293.7K units)
  2. Japan (102.4K units)
  3. Italy (80.2K units)
  4. Germany (67.9K units)
  5. United Arab Emirates (56.7K units)
  6. France (48.0K units)
  7. United States (41.1K units)
  8. Brazil (39.9K units)
  9. India (37.4K units)
  10. Belgium (22.6K units)
  11. Romania (19.6K units)
  12. Sweden (16.4K units)
  13. Poland (15.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for non-domestic heat exchange unit 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 28251130 - Heat exchange units

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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