Australia - Electric Space Heating Apparatus And Soil Heating Apparatus - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingAustralia Sees Slight Decrease in Electric Heating Equipment Imports, Reaching $87M in 2023
Australia Electric Heating Equipment Imports
After two years of growth, supplies from abroad of electric space heating apparatus and soil heating apparatus decreased by -8.4% to 2.2M units in 2023. The total import volume increased at an average annual rate of +2.1% from 2013 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 23%. Imports peaked at 2.4M units in 2022, and then fell in the following year.
In value terms, electric heating equipment imports fell to $87M (IndexBox estimates) in 2023. Over the period under review, total imports indicated resilient growth from 2013 to 2023: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by +99.8% against 2015 indices. The most prominent rate of growth was recorded in 2016 with an increase of 28%. Over the period under review, imports hit record highs at $99M in 2022, and then declined in the following year.
| COUNTRY | Import Value of Electric Heating Equipment in Australia (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| China | 31.5 | 35.9 | 29.1 | 36.1 | 36.7 | 41.0 | 39.3 | 40.6 | 57.6 | 62.5 | 56.9 |
| Malaysia | 11.6 | 5.2 | 9.2 | 11.8 | 16.4 | 14.4 | 14.7 | 24.7 | 12.8 | 23.4 | 19.8 |
| France | 3.2 | 1.6 | 1.4 | 3.0 | 2.7 | 2.0 | 2.3 | 1.8 | 2.8 | 3.3 | 2.4 |
| United Kingdom | 0.2 | 0.2 | 0.2 | 0.4 | 0.2 | 0.6 | 0.9 | 0.8 | 2.1 | 2.7 | 1.6 |
| United States | 0.5 | 1.0 | 0.6 | 0.8 | 0.6 | 1.5 | 1.5 | 0.6 | 2.1 | 1.1 | 1.1 |
| Others | 6.0 | 4.9 | 3.1 | 3.5 | 3.5 | 5.8 | 4.0 | 3.3 | 5.5 | 5.8 | 5.0 |
| Total | 52.9 | 48.9 | 43.5 | 55.5 | 60.1 | 65.3 | 62.6 | 71.8 | 82.9 | 98.8 | 86.9 |
Imports by Country
In 2023, China (2M units) was the main electric heating equipment supplier to Australia, accounting for a 93% share of total imports. It was followed by Malaysia (62K units), with a 2.8% share of total imports. France (29K units) ranked third in terms of total imports with a 1.3% share.
From 2013 to 2023, the average annual rate of growth in terms of volume from China stood at +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+4.5% per year) and France (-3.3% per year).
In value terms, China ($57M) constituted the largest supplier of electric space heating apparatus and soil heating apparatus to Australia, comprising 65% of total imports. The second position in the ranking was held by Malaysia ($20M), with a 23% share of total imports. It was followed by France, with a 2.8% share.
From 2013 to 2023, the average annual growth rate of value from China totaled +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+5.5% per year) and France (-2.7% per year).
Imports by Type
In 2023, electric radiators and convection heaters (2.2M units) was the main type of electric space heating apparatus and soil heating apparatus supplied to Australia, with a 100% share of total imports. It was followed by electric storage heating radiators (1.6K units), with a 0.1% share of total imports.
From 2013 to 2023, the average annual growth rate of the volume of electric radiators and convection heaters imports stood at +2.1%.
In value terms, electric radiators and convection heaters ($87M) constituted the largest type of electric space heating apparatus and soil heating apparatus supplied to Australia, comprising 100% of total imports. The second position in the ranking was taken by electric storage heating radiators ($131K), with a 0.2% share of total imports.
Import Prices by Country
In 2023, the electric heating equipment price stood at $40 per unit (CIF, Australia), falling by -4% against the previous year. Over the period from 2013 to 2023, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2020 an increase of 23% against the previous year. Over the period under review, average import prices reached the maximum at $42 per unit in 2022, and then reduced modestly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Malaysia ($322 per unit), while the price for China ($28 per unit) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by China (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the electric heating equipment market in Australia. 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 27512630 - Electric storage heating radiators
- Prodcom 27512650 - Electric radiators, convection heaters and heaters or fires with built-in fans
- Prodcom 27512690 - Other electric space heaters
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
