Northern America: Non-Electric Air Heater Market 2023

Non-Electric Air Heater Market Size in Northern America

The North American non-electric air heater market declined sharply to $X in 2021, reducing by -21.9% against the previous year. Overall, consumption saw a pronounced shrinkage. Over the period under review, the market hit record highs at $X in 2020, and then dropped sharply in the following year.

Non-Electric Air Heater Production in Northern America

In value terms, non-electric air heater production fell markedly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2020 with an increase of 71%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Non-Electric Air Heater Exports

Exports in Northern America

In 2021, exports of non-electric air heaters or hot air distributors in Northern America skyrocketed to X tons, increasing by 23% against the year before. The total export volume increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-electric air heater exports soared to $X in 2021. The total export value increased at an average annual rate of +3.9% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States represented the largest exporting country with an export of about X tons, which finished at 77% of total exports. It was distantly followed by Canada (X tons), achieving a 23% share of total exports.

Exports from the United States increased at an average annual rate of +2.0% from 2012 to 2021. At the same time, Canada (+4.3%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +4.3% from 2012-2021. While the share of Canada (+3.3 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the United States (-3.3 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest non-electric air heater supplier in Northern America, comprising 76% of total exports. The second position in the ranking was taken by Canada ($X), with a 24% share of total exports.

In the United States, non-electric air heater exports expanded at an average annual rate of +3.3% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, surging by 1.6% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2018 an increase of 13% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+1.9%).

Non-Electric Air Heater Imports

Imports in Northern America

In 2021, supplies from abroad of non-electric air heaters or hot air distributors decreased by -1.5% to X tons, falling for the third year in a row after two years of growth. Overall, imports, however, posted modest growth. The pace of growth appeared the most rapid in 2014 when imports increased by 51% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, non-electric air heater imports soared to $X in 2021. Total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +9.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when imports increased by 36%. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Imports by Country

The purchases of the two major importers of non-electric air heaters or hot air distributors, namely Canada and the United States, represented more than two-thirds of total import.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +2.8%).

In value terms, the United States ($X) and Canada ($X) appeared to be the countries with the highest levels of imports in 2021.

The United States, with a CAGR of +14.3%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, jumping by 32% against the previous year. Overall, the import price saw a resilient expansion. The pace of growth was the most pronounced in 2020 when the import price increased by 49% against the previous year. The level of import peaked in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+14.2%).

Source: IndexBox Market Intelligence Platform

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