Global Electric Heating Resistor Market 2024

Electric Heating Resistor Market Size

The global electric heating resistor market reached $X in 2022, remaining constant against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2018 when the market value increased by X%. Over the period under review, the global market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Electric Heating Resistor Production

In value terms, electric heating resistor production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Global production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Electric Heating Resistor Exports

Exports

In 2022, global exports of electric heating resistors fell modestly to X units, approximately equating 2021. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of X units, and then shrank slightly in the following year.

In value terms, electric heating resistor exports totaled $X in 2022. In general, total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2012 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the global exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, Mexico (X units), distantly followed by Romania (X units), Italy (X units), Turkey (X units), Poland (X units), Germany (X units) and Spain (X units) were the largest exporters of electric heating resistors, together creating X% of total exports. Sweden (X units), Vietnam (X units), South Korea (X units), Serbia (X units), the Czech Republic (X units) and France (X units) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Serbia (with a CAGR of X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest electric heating resistor supplying countries worldwide were Germany ($X), Mexico ($X) and Italy ($X), with a combined X% share of global exports. Poland, Vietnam, Romania, South Korea, Spain, France, Serbia, Sweden, the Czech Republic and Turkey lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average electric heating resistor export price stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric heating resistor export price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 when the average export price increased by X%. The global export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while Turkey (less than $X per unit) was amongst the lowest.

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

Electric Heating Resistor Imports

Imports

In 2022, global imports of electric heating resistors reduced slightly to X units, with a decrease of X% compared with the previous year. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then dropped modestly in the following year.

In value terms, electric heating resistor imports rose modestly to $X in 2022. Overall, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. Global imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

The countries with the highest levels of electric heating resistor imports in 2022 were the United States (X units), Italy (X units), Germany (X units), Turkey (X units), Mexico (X units), South Korea (X units), Poland (X units), Japan (X units), Spain (X units), Indonesia (X units), France (X units) and the UK (X units), together reaching X% of total import. Malaysia (X units) held a little share of total imports.

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

In value terms, the United States ($X) constitutes the largest market for imported electric heating resistors worldwide, comprising X% of global imports. The second position in the ranking was held by Germany ($X), with a X% share of global imports. It was followed by Mexico, with a X% share.

In the United States, electric heating resistor imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (X% per year) and Mexico (X% per year).

Import Prices by Country

The average electric heating resistor import price stood at $X per unit in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. Global import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per unit), while Malaysia (less than $X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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