Report Update: Nov 1, 2024

World - Electric Radiators And Convection Heaters - Market Analysis, Forecast, Size, Trends And Insights

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Electric radiator market

Electric radiator market: download new data enhanced by an Ai-driven market research platform. Info contain exports, imports, companies, market prices, production, consumption, market size, and trade. There is a breakdown by region, including EU, Africa, Latin America, the U.S., the Middle East, China, Russia, and the U.K. Market dynamics and forecast to 2030 are also featured in the dashboards.

Electric Radiator - World's Largest Markets

Rating	Country
1	China
2	United States
3	India
4	Mexico
5	Japan

In value terms, China, the United States and India were the countries with the highest levels of market value in 2020, with a combined 33% share of the global market. These countries were followed by Mexico, Japan, the Philippines, France, Canada, Germany, the UK, South Korea, Iraq and Turkey, which together accounted for a further 34%.

Iraq (+105.1% per year) saw the highest growth rate of market size, in terms of the main consuming countries over the period under review, while electric radiator market for the other global leaders experienced more modest paces of growth.

Electric Radiator Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
Canada	24	13	12	-27.4%
China	18	19	18	1.0%
Germany	25	26	22	-7.8%
Netherlands	29	40	49	29.1%
Malaysia	41	58	75	34.6%
Average	23	24	24	1.6%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Malaysia ($75 per unit), while Canada ($12 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
France	51	47	44	-6.9%
Netherlands	26	29	40	24.5%
Canada	39	41	35	-6.0%
Japan	35	41	32	-5.0%
Germany	22	23	25	8.4%
United Kingdom	19	21	23	11.3%
Italy	15	17	20	17.8%
South Korea	17	19	19	5.4%
Russia	12	14	19	26.1%
Spain	16	17	18	6.4%
United States	20	25	17	-7.3%
Iraq	12	11	11	-4.8%
Thailand	6.5	8.9	8.2	12.1%
Average	22	25	24	2.9%

Prices varied noticeably by the country of destination; the country with the highest price was France ($44 per unit), while Thailand ($8.2 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Russia, while the other global leaders experienced more modest paces of growth.

Electric Radiator - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	0.8	0.8	0.6	-8.3%
Japan	0.3	0.4	0.3	-7.4%
France	0.3	0.3	0.2	-1.1%
Germany	0.2	0.2	0.2	8.5%
Netherlands	0.1	0.1	0.2	32.6%

In value terms, the United States ($640M) constitutes the largest market for imported electric radiators and convection heaters worldwide, comprising 19% of global imports. The second position in the ranking was occupied by Japan ($275M), with a 8.3% share of global imports. It was followed by France, with a 7.5% share.

From 2018 to 2020, the average annual growth rate of value in the United States stood at -8.3%. In the other countries, the average annual rates were as follows: Japan (-7.4% per year) and France (-1.1% per year).

Electric Radiator - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	1.8	1.8	1.8	0.3%
Germany	0.2	0.3	0.3	5.5%
Malaysia	0.2	0.2	0.2	5.5%
Netherlands	0.07	0.05	0.1	36.4%
Canada	0.05	0.05	0.06	9.3%

In value terms, China ($1.8B) remains the largest electric radiator supplier worldwide, comprising 53% of global exports. The second position in the ranking was occupied by Germany ($268M), with a 7.7% share of global exports. It was followed by Malaysia, with a 6.4% share.

From 2018 to 2020, the average annual rate of growth in terms of value in China was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+5.5% per year) and Malaysia (+5.5% per year).

Electric Radiator - Market Forecast

Driven by increasing demand for electric radiator worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Electric Radiator - Top Companies

BSH Hausgeräte GmbH, DYSON EXCHANGE LIMITED, Conair Corporation, BSH ELECTRODOMESTICOS ESPAÑA SA, LG ELEKTRONIKS RUS, OOO, GORENJE, d.d., Broan-Nutone Canada ULC, BSH SPRZET GOSPODARSTWA DOMOWEGO SP Z O O, Venmar Ventilation ULC, The Kitchen Collection LLC, ELECTROLUX POLAND SP Z O O, Electrolux Lehel Hütögépgyár Korlátolt Felelösségü Társaság, WHIRLPOOL COMPANY POLSKA SP Z O O, Glengarry Industries Ltd, FISHER & PAYKEL APPLIANCES LIMITED, SPA CONDOR ELECTRONICS, Hamilton Beach Brands Holding Company, Ecovacs Robotics Co., Ltd., SAMSUNG ELECTRONICS POLAND MANUFACTURING SP Z O O, Vorwerk Elektrowerke GmbH & Co. KG

Electric Radiator - Product Coverage

HS 851629 - Heating apparatus; electric soil heating apparatus and space heating apparatus (excluding storage heating radiators)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global electric radiator market. 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 27512650 - Electric radiators, convection heaters and heaters or fires with built-in fans

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023