Report Asia-Pacific - Radiators for Central Heating (Not Electrically Heated) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update: Sep 22, 2023

Asia-Pacific - Radiators for Central Heating (Not Electrically Heated) - Market Analysis, Forecast, Size, Trends and Insights

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Asia-Pacific: Radiator Market 2023

Radiator Market Size in Asia-Pacific

The Asia-Pacific radiator market expanded to $X in 2022, surging by 1.8% against the previous year. The market value increased at an average annual rate of +2.3% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 8.9% against the previous year. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Radiator Production in Asia-Pacific

In value terms, radiator production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.7% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 14%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Radiator Exports

Exports in Asia-Pacific

In 2022, radiator exports in Asia-Pacific was estimated at X tons, growing by 6.8% on the previous year's figure. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 16%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, radiator exports reduced slightly to $X in 2022. Total exports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.0% against 2016 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 29% against the previous year. As a result, the exports reached the peak of $X, and then declined modestly in the following year.

Exports by Country

China dominates exports structure, resulting at X tons, which was approx. 95% of total exports in 2022. Vietnam (X tons) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of exports of radiators for central heating (not electrically heated). At the same time, Vietnam (+101.3%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +101.3% from 2012-2022. China (+3.2 p.p.) and Vietnam (+1.9 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest radiator supplier in Asia-Pacific, comprising 88% of total exports. The second position in the ranking was held by Vietnam ($X), with a 4.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to +4.6%.

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, dropping by -10.6% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2020 when the export price increased by 17% against the previous year. The level of export peaked at $X per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.6%).

Radiator Imports

Imports in Asia-Pacific

Radiator imports dropped sharply to X tons in 2022, declining by -60.7% compared with 2021 figures. Overall, imports showed a pronounced curtailment. The growth pace was the most rapid in 2013 when imports increased by 48% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, radiator imports dropped significantly to $X in 2022. In general, imports saw a perceptible setback. The growth pace was the most rapid in 2021 with an increase of 34%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

China represented the largest importer of radiators for central heating (not electrically heated) in Asia-Pacific, with the volume of imports recording X tons, which was near 51% of total imports in 2022. Singapore (X tons) held the second position in the ranking, followed by Japan (X tons), Afghanistan (X tons) and Australia (X tons). All these countries together took near 32% share of total imports. Democratic People's Republic of Korea (X tons) and India (X tons) took a little share of total imports.

Imports into China decreased at an average annual rate of -5.5% from 2012 to 2022. At the same time, Afghanistan (+13.9%), India (+12.6%) and Democratic People's Republic of Korea (+4.8%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +13.9% from 2012-2022. Singapore and Japan experienced a relatively flat trend pattern. By contrast, Australia (-6.5%) illustrated a downward trend over the same period. Singapore (+4.8 p.p.), Afghanistan (+4.5 p.p.), India (+2.5 p.p.), Japan (+2.2 p.p.) and Democratic People's Republic of Korea (+2.2 p.p.) significantly strengthened its position in terms of the total imports, while Australia and China saw its share reduced by -2% and -13.2% from 2012 to 2022, respectively.

In value terms, China ($X) constitutes the largest market for imported radiators for central heating (not electrically heated) in Asia-Pacific, comprising 33% of total imports. The second position in the ranking was taken by Singapore ($X), with a 16% share of total imports. It was followed by Japan, with a 12% share.

From 2012 to 2022, the average annual growth rate of value in China totaled -4.4%. In the other countries, the average annual rates were as follows: Singapore (+2.0% per year) and Japan (-1.2% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, with an increase of 57% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+2.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for radiators for central heating (not electrically heated) in Asia-Pacific?
+
China constituted the country with the largest volume of radiator consumption, comprising approx. 50% of total volume. Moreover, radiator consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was taken by Pakistan, with a 10% share.
What are the largest producers of radiators for central heating (not electrically heated) in Asia-Pacific?
+
China constituted the country with the largest volume of radiator production, comprising approx. 50% of total volume. Moreover, radiator production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was taken by Pakistan, with a 10% share.
What are the leading exporters of radiators for central heating (not electrically heated) in Asia-Pacific?
+
In value terms, China remains the largest radiator supplier in Asia-Pacific, comprising 88% of total exports. The second position in the ranking was held by Vietnam, with a 4.3% share of total exports.
What are the leading importers of radiators for central heating (not electrically heated) in Asia-Pacific?
+
In value terms, China constitutes the largest market for imported radiators for central heating not electrically heated) in Asia-Pacific, comprising 33% of total imports. The second position in the ranking was taken by Singapore, with a 16% share of total imports. It was followed by Japan, with a 12% share.
What is the average export price for radiators for central heating (not electrically heated) in Asia-Pacific?
+
The export price in Asia-Pacific stood at $2,473 per ton in 2022, with a decrease of -10.6% against the previous year.
What is the average import price for radiators for central heating (not electrically heated) in Asia-Pacific?
+
The import price in Asia-Pacific stood at $3,034 per ton in 2022, rising by 57% against the previous year.

This report provides an in-depth analysis of the radiator market in Asia-Pacific. 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 25211100 - Radiators for central heating, not electrically heated, and parts thereof, of iron or steel
Country coverage:
• Afghanistan
• American Samoa
• Bhutan
• Brunei Darussalam
• Cambodia
• Cook Islands
• Democratic People's Republic of Korea
• Fiji
• French Polynesia
• Guam
• Kiribati
• Lao People's Democratic Republic
• Macao SAR
• Maldives
• Marshall Islands
• Micronesia
• Nauru
• New Caledonia
• Niue
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Taiwan (Chinese)
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia-Pacific, split by region and country
• Trade (exports and imports) in Asia-Pacific
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Australia
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cook Islands
• Fiji
• French Polynesia
• India
• Indonesia
• Japan
• Kiribati
• Malaysia
• Maldives
• Marshall Islands
• Micronesia
• Myanmar
• Nepal
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Pakistan
• Palau
• Papua New Guinea
• Philippines
• Samoa
• Singapore
• Solomon Islands
• South Korea
• Sri Lanka
• Taiwan (Chinese)
• Thailand
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Vietnam
• Wallis and Futuna Islands
• Lao People's Democratic Republic
• American Samoa
• Democratic People's Republic of Korea
• Nauru
• Niue
• Guam
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Volume Forecast to 2030
Figure 5:
Market Value Forecast to 2030
Figure 6:
Products: Market Size And Growth, By Type
Figure 7:
Products: Average Per Capita Consumption, By Type
Figure 8:
Products: Exports And Growth, By Type
Figure 9:
Products: Export Prices And Growth, By Type
Figure 10:
Production Volume And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2012–2022
Figure 18:
Production, In Value Terms, 2012–2022
Figure 19:
Production, By Country, 2022
Figure 20:
Production, In Physical Terms, By Country, 2012–2022
Figure 21:
Imports, In Physical Terms, 2012–2022
Figure 22:
Imports, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, By Country, 2022
Figure 24:
Imports, In Physical Terms, By Country, 2012–2022
Figure 25:
Imports, In Value Terms, By Country, 2012–2022
Figure 26:
Import Prices, By Country, 2012–2022
Figure 27:
Exports, In Physical Terms, 2012–2022
Figure 28:
Exports, In Value Terms, 2012–2022
Figure 29:
Exports, In Physical Terms, By Country, 2022
Figure 30:
Exports, In Physical Terms, By Country, 2012–2022
Figure 31:
Exports, In Value Terms, By Country, 2012–2022
Figure 32:
Export Prices, 2012–2022
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