China - Electric Space Heating Apparatus And Soil Heating Apparatus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingElectric Heating Equipment Prices in China
China Electric Heating Equipment Export Price in September 2022
In September 2022, the electric heating equipment price stood at $23.1 per unit (FOB, China), growing by 13% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $29.7 per unit in April 2022; however, from May 2022 to September 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In September 2022, the country with the highest price was Japan ($32.7 per unit), while the average price for exports to Italy ($10.4 per unit) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.
China Electric Heating Equipment Export Prices by Type
There were significant differences in the average prices for the major types of exported product. In September 2022, the product with the highest price was electric radiators and convection heaters ($23.3 per unit), while the average price for exports of electric storage heating radiators totaled $11.9 per unit.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for the following types: electric heating radiator (+4.9%).
China Electric Heating Equipment Exports
In September 2022, after four months of growth, there was significant decline in overseas shipments of electric space heating apparatus and soil heating apparatus, when their volume decreased by -12.7% to 18M units. Overall, exports, however, saw a strong increase. The growth pace was the most rapid in June 2022 with an increase of 120% m-o-m. The exports peaked at 21M units in August 2022, and then declined in the following month.
In value terms, electric heating equipment exports reduced to $414M (IndexBox estimates) in September 2022. In general, exports, however, posted a prominent expansion. The pace of growth appeared the most rapid in June 2022 with an increase of 76% against the previous month. The exports peaked at 419M units in August 2022, and then dropped modestly in the following month.
China Electric Heating Equipment Exports by Type
Electric radiators and convection heaters (18M units) was the largest type of electric heating equipment exported from China, with a 98% share of total exports. It was followed by electric storage heating radiators (321K units), with a 1.8% share of total exports.
From January 2022 to September 2022, the average monthly growth rate of the volume of export of electric radiators and convection heaters amounted to +13.6%.
In value terms, electric radiators and convection heaters ($410M) remains the largest type of electric heating equipment exported from China, comprising 99% of total exports. The second position in the ranking was held by electric storage heating radiators ($3.8M), with a 0.9% share of total exports.
From January 2022 to September 2022, the average monthly growth rate of the export volume of electric radiators and convection heaters totaled +12.5%.
China Electric Heating Equipment Exports by Country
The United States (4.3M units) was the main destination for electric heating equipment exports from China, accounting for a 24% share of total exports. Moreover, electric heating equipment exports to the United States exceeded the volume sent to the second major destination, Japan (1.6M units), threefold. The third position in this ranking was held by Germany (1.5M units), with an 8.2% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of volume to the United States amounted to +25.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Japan (+32.4% per month) and Germany (+17.2% per month).
In value terms, the United States ($116M) remains the key foreign market for electric heating equipment exports from China, comprising 28% of total exports. The second position in the ranking was held by Japan ($52M), with a 13% share of total exports. It was followed by Germany, with a 9.2% share.
From January 2022 to September 2022, the average monthly growth rate of value to the United States amounted to +20.8%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Japan (+23.6% per month) and Germany (+15.6% per month).
This report provides an in-depth analysis of the electric heating equipment market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
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