Asia: Electric Instantaneous Water Heater Market 2020

Electric Instantaneous Water Heater Market Size in Asia

The revenue of the electric instantaneous water heater market in Asia amounted to $X in 2017, declining by -X% against the previous year. The electric instantaneous water heater consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, when market value increased by X% year-to-year. Over the period under review, the electric instantaneous water heater market reached its peak figure level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Electric Instantaneous Water Heater Production in Asia

The electric instantaneous water heater production stood at X units in 2017, remaining stable against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2016, when the output figure increased by X% y-o-y. The volume of electric instantaneous water heater production peaked in 2017, and is expected to retain its growth in the near future.

Electric Instantaneous Water Heater Exports in Asia

In 2017, the amount of electric instantaneous water heaters exported in Asia amounted to X units, picking up by X% against the previous year. The total exports indicated a strong increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the electric instantaneous water heater exports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2011, when it surged by X% y-o-y. The volume of exports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, electric instantaneous water heater exports amounted to $X in 2017. The total exports indicated a measured growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the electric instantaneous water heater exports increased by +X% against 2015 indices. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Electric Instantaneous Water Heater Exports by Country in Asia

China represented the major exporter of electric instantaneous water heaters in Asia, with the volume of exports finishing at X units, which was near X% of total exports in 2017. It was distantly followed by Malaysia (X units), generating X% share of total exports. The following exporters - South Korea (X units) and Vietnam (X units) each resulted at a X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to electric instantaneous water heater exports from China stood at +X%. At the same time, Vietnam (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. Malaysia experienced a relatively flat trend pattern. By contrast, South Korea (-X%) illustrated a downward trend over the same period. While the share of South Korea (X%) increased significantly in terms of the global exports from 2007-2017, the share of China (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest electric instantaneous water heater supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of global exports. It was followed by Vietnam, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (-X% per year) and Vietnam (+X% per year).

Electric Instantaneous Water Heater Export Prices by Country in Asia

In 2017, the electric instantaneous water heater export price in Asia amounted to $X per unit, shrinking by -X% against the previous year. The electric instantaneous water heater export price continues to indicate a temperate curtailment. The pace of growth was the most pronounced in 2008, when it surged by X% year-to-year. In that year, the export prices for electric instantaneous water heaters attained their peak level of $X per unit. From 2009 to 2017, growth of the export prices for electric instantaneous water heaters failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Vietnam ($X per unit), while China ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Vietnam (-X% per year), while the other leaders experienced a decline in the export price figures.

Electric Instantaneous Water Heater Imports in Asia

In 2017, electric instantaneous water heater imports in Asia amounted to X units, going up by X% against the previous year. The total imports indicated a prominent increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the electric instantaneous water heater imports increased by +X% against 2009 indices. The pace of growth was the most pronounced in 2011, with an increase of X% y-o-y. The volume of imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, electric instantaneous water heater imports totaled $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The level of imports peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Electric Instantaneous Water Heater Imports by Country in Asia

In 2017, India (X units), distantly followed by the United Arab Emirates (X units), Kuwait (X units), South Korea (X units), Saudi Arabia (X units), Japan (X units), Turkey (X units), Indonesia (X units) and Singapore (X units) represented the largest importers of electric instantaneous water heaters, together making up X% of total imports. China, Hong Kong SAR (X units), Thailand (X units) and Vietnam (X units) took the mild share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest electric instantaneous water heater markets worldwide were the United Arab Emirates ($X), South Korea ($X) and India ($X), with a combined X% share of total imports.

India (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Electric Instantaneous Water Heater Import Prices by Country in Asia

The electric instantaneous water heater import price in Asia stood at $X per unit in 2017, coming down by -X% against the previous year. The electric instantaneous water heater import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when it surged by X% against the previous year. The level of import price peaked of $X per unit in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Saudi Arabia ($X per unit), while India ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform