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

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

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Asia: Radiator Market 2023

Radiator Market Size in Asia

The Asian radiator market shrank to $X in 2022, which is down by -11.4% against the previous year. In general, consumption, however, posted a resilient expansion. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Radiator Production in Asia

In value terms, radiator production fell to $X in 2022 estimated in export price. Over the period under review, production, however, showed a measured increase. The most prominent rate of growth was recorded in 2018 with an increase of 31%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Radiator Exports

Exports in Asia

In 2022, the amount of radiators for central heating (not electrically heated) exported in Asia declined markedly to X tons, shrinking by -23.5% compared with the year before. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 16%. As a result, the exports attained the peak of X tons, and then fell sharply in the following year.

In value terms, radiator exports contracted rapidly to $X in 2022. Total exports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.9% 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 +22.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. As a result, the exports attained the peak of $X, and then declined sharply in the following year.

Exports by Country

Turkey was the main exporter of radiators for central heating (not electrically heated) in Asia, with the volume of exports recording X tons, which was near 79% of total exports in 2022. It was distantly followed by China (X tons), achieving a 17% share of total exports.

Turkey experienced a relatively flat trend pattern with regard to volume of exports of radiators for central heating (not electrically heated). China experienced a relatively flat trend pattern. While the share of Turkey (-2 p.p.) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest radiator supplier in Asia, comprising 77% of total exports. The second position in the ranking was taken by China ($X), with a 19% share of total exports.

In Turkey, radiator exports expanded at an average annual rate of +1.5% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, surging by 9.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2021 when the export price increased by 26% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while Turkey stood at $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

In 2022, imports of radiators for central heating (not electrically heated) in Asia fell remarkably to X tons, waning by -33.5% compared with the year before. In general, imports showed a perceptible slump. The most prominent rate of growth was recorded in 2017 with an increase of 36%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, radiator imports fell sharply to $X in 2022. Overall, imports showed a perceptible slump. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

The purchases of the five major importers of radiators for central heating (not electrically heated), namely China, Uzbekistan, Kazakhstan, Georgia and Mongolia, represented more than two-thirds of total import. Singapore (X tons), Azerbaijan (X tons), Armenia (X tons), Turkey (X tons), Japan (X tons), Afghanistan (X tons) and Iran (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +21.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest radiator importing markets in Asia were China ($X), Uzbekistan ($X) and Kazakhstan ($X), together accounting for 37% of total imports.

Uzbekistan, with a CAGR of +33.6%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, picking up by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+10.3%), 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?
+
The country with the largest volume of radiator consumption was Turkey, accounting for 66% of total volume. Moreover, radiator consumption in Turkey exceeded the figures recorded by the second-largest consumer, China, fourfold. The third position in this ranking was taken by India, with a 6.3% share.
What are the largest producers of radiators for central heating (not electrically heated) in Asia?
+
Turkey remains the largest radiator producing country in Asia, comprising approx. 67% of total volume. Moreover, radiator production in Turkey exceeded the figures recorded by the second-largest producer, China, fourfold. India ranked third in terms of total production with a 6.2% share.
What are the leading exporters of radiators for central heating (not electrically heated) in Asia?
+
In value terms, Turkey remains the largest radiator supplier in Asia, comprising 77% of total exports. The second position in the ranking was held by China, with a 19% share of total exports.
What are the leading importers of radiators for central heating (not electrically heated) in Asia?
+
In value terms, the largest radiator importing markets in Asia were China, Uzbekistan and Kazakhstan, with a combined 37% share of total imports.
What is the average export price for radiators for central heating (not electrically heated) in Asia?
+
In 2022, the export price in Asia amounted to $2,047 per ton, growing by 9.4% against the previous year.
What is the average import price for radiators for central heating (not electrically heated) in Asia?
+
In 2022, the import price in Asia amounted to $2,354 per ton, rising by 23% against the previous year.

This report provides an in-depth analysis of the radiator market in Asia. 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
• Armenia
• Bhutan
• Brunei Darussalam
• Cambodia
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• Maldives
• Mongolia
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Vietnam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
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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