Italy - Electric Space Heating Apparatus And Soil Heating Apparatus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingElectric Heating Equipment Price in Italy Shrinks Notably to $118 per Unit
Italy Electric Heating Equipment Export Price in February 2023
In February 2023, the electric heating equipment price amounted to $118 per unit (FOB, Italy), which is down by -10.3% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 36% month-to-month. The export price peaked at $148 per unit in May 2022; however, from June 2022 to February 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In February 2023, the country with the highest price was Germany ($212 per unit), while the average price for exports to Turkey ($14.1 per unit) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
| COUNTRY | Export Price of Electric Heating Equipment in Italy (USD per unit) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | |
| Germany | 200 | 193 | 201 | 190 | 162 | 144 | 79.5 | 82.1 | 130 | 97.1 | 143 | 144 | 212 |
| Austria | 97.0 | 149 | 177 | 157 | 123 | 79.7 | 72.1 | 37.7 | 55.0 | 74.0 | 159 | 160 | 165 |
| France | 136 | 153 | 159 | 178 | 164 | 145 | 141 | 135 | 136 | 137 | 135 | 154 | 161 |
| Spain | 103 | 57.6 | 127 | 69.5 | 94.7 | 130 | 46.0 | 33.0 | 33.4 | 47.6 | 71.4 | 103 | 143 |
| Poland | 108 | 129 | 77.2 | 185 | 208 | 181 | 218 | 57.1 | 62.6 | 52.3 | 126 | 99.1 | 134 |
| Netherlands | 128 | 111 | 116 | 102 | 99.5 | 94.5 | 35.8 | 61.9 | 97.0 | 115 | 111 | 114 | 129 |
| Portugal | 101 | 92.5 | 85.0 | 98.6 | 116 | 114 | 121 | 84.1 | 40.0 | 90.3 | 56.5 | 71.0 | 79.8 |
| Greece | 67.7 | 105 | 127 | 141 | 89.6 | 94.2 | 47.2 | 30.6 | 28.6 | 43.1 | 69.7 | 94.9 | 69.3 |
| Turkey | 75.2 | 1,084 | N/A | 181 | N/A | 661 | 49.7 | 117 | 70.9 | 104 | 373 | 140 | 14.1 |
| Average | 132 | 135 | 136 | 148 | 138 | 137 | 107 | 77.6 | 89.0 | 92.5 | 126 | 131 | 118 |
Italy Electric Heating Equipment Export Prices by Type
There were significant differences in the average prices for the major types of exported product. In February 2023, the product with the highest price was electric storage heating radiators ($264 per unit), while the average price for exports of electric radiators and convection heaters amounted to $117 per unit.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for the following types: electric heating radiator (+3.6%).
Italy Electric Heating Equipment Exports
After four months of decline, overseas shipments of electric space heating apparatus and soil heating apparatus increased by 10% to 83K units in February 2023. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 when exports increased by 86% month-to-month. As a result, the exports attained the peak of 262K units. From October 2022 to February 2023, the growth of the exports remained at a lower figure.
In value terms, electric heating equipment exports reduced modestly to $9.8M (IndexBox estimates) in February 2023. In general, exports, however, continue to indicate a mild setback. The growth pace was the most rapid in July 2022 with an increase of 63% month-to-month. The exports peaked at 20M units in September 2022; however, from October 2022 to February 2023, the exports remained at a lower figure.
Italy Electric Heating Equipment Exports by Type
Electric radiators and convection heaters (82K units) was the largest type of electric heating equipment exported from Italy, with a 99% share of total exports. It was followed by electric storage heating radiators (621 units), with a 0.8% share of total exports.
From February 2022 to February 2023, the average monthly rate of growth in terms of the volume of export of electric radiators and convection heaters was relatively modest.
In value terms, electric radiators and convection heaters ($9.6M) remains the largest type of electric heating equipment exported from Italy, comprising 98% of total exports. The second position in the ranking was held by electric storage heating radiators ($164K), with a 1.7% share of total exports.
From February 2022 to February 2023, the average monthly growth rate of the export volume of electric radiators and convection heaters amounted to -1.2%.
Italy Electric Heating Equipment Exports by Country
France (29K units), Turkey (20K units) and Germany (6.2K units) were the main destinations of electric heating equipment exports from Italy, with a combined 67% share of total exports.
From February 2022 to February 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +64.8%), while the other leaders experienced mixed trend patterns.
In value terms, France ($4.7M) remains the key foreign market for electric heating equipment exports from Italy, comprising 48% of total exports. The second position in the ranking was taken by Germany ($1.3M), with a 13% share of total exports. It was followed by the Netherlands, with a 6.3% share.
From February 2022 to February 2023, the average monthly rate of growth in terms of value to France totaled -1.2%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (-3.1% per month) and the Netherlands (-0.9% per month).
This report provides an in-depth analysis of the electric heating equipment market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
