China: Non-Electric Air Heater Market 2024

Non-Electric Air Heater Market Size in China

In 2022, the Chinese non-electric air heater market decreased by -5.6% to $X, falling for the sixth consecutive year after five years of growth. In general, consumption recorded a relatively flat trend pattern. Non-electric air heater consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Non-Electric Air Heater Production in China

In value terms, non-electric air heater production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 22%. Non-electric air heater production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Non-Electric Air Heater Exports

Exports from China

Non-electric air heater exports from China rose notably to X units in 2022, increasing by 9.3% against the previous year's figure. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 36% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, non-electric air heater exports rose sharply to $X in 2022. Over the period under review, total exports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +2.3% 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 +101.6% against 2017 indices. The growth pace was the most rapid in 2021 when exports increased by 54%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X units) was the main destination for non-electric air heater exports from China, with a 44% share of total exports. Moreover, non-electric air heater exports to the United States exceeded the volume sent to the second major destination, the UK (X units), eightfold. The third position in this ranking was held by Chile (X units), with a 4.8% share.

From 2012 to 2022, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-0.1% per year) and Chile (+4.2% per year).

In value terms, the United States ($X) remains the key foreign market for non-electric air heaters or hot air distributors exports from China, comprising 41% of total exports. The second position in the ranking was held by the UK ($X), with a 9.8% share of total exports. It was followed by Chile, with a 4.6% share.

From 2012 to 2022, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+7.6% per year) and Chile (+11.6% per year).

Export Prices by Country

In 2022, the average non-electric air heater export price amounted to $X per unit, increasing by 2.2% against the previous year. Overall, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-electric air heater export price increased by +31.4% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 25% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Mongolia ($X 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 (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Air Heater Imports

Imports into China

Non-electric air heater imports into China contracted significantly to X units in 2022, falling by -21.2% compared with 2021. Overall, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 76%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, non-electric air heater imports soared to $X in 2022. Over the period under review, imports showed a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 73%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X units), Poland (X units) and the United States (X units) were the main suppliers of non-electric air heater imports to China, with a combined 85% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +142.3%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest non-electric air heater suppliers to China were Germany ($X), Poland ($X) and the United States ($X), with a combined 78% share of total imports.

In terms of the main suppliers, Poland, with a CAGR of +130.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average non-electric air heater import price stood at $X per unit in 2022, with an increase of 63% against the previous year. Overall, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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