Australia: Electric Heating Radiator Market 2025

Electric Heating Radiator Market Size in Australia

In 2021, the Australian electric heating radiator market increased by 60% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption, however, showed a abrupt contraction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Electric Heating Radiator Production in Australia

In value terms, electric heating radiator production totaled $X in 2021 estimated in export price. Overall, production faced a deep reduction. The pace of growth was the most pronounced in 2017 when the production volume increased by 193%. Electric heating radiator production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Electric Heating Radiator Exports

Exports from Australia

In 2021, exports of electric storage heating radiators from Australia skyrocketed to X units, surging by 650% on the previous year. In general, exports, however, recorded a noticeable decline. The pace of growth was the most pronounced in 2017 with an increase of 1,242%. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, electric heating radiator exports surged to $X in 2021. Overall, exports, however, faced a abrupt decrease. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

China (X units), Russia (X units) and the United States (X units) were the main destinations of electric heating radiator exports from Australia, with a combined 80% share of total exports. These countries were followed by New Zealand and Papua New Guinea, which together accounted for a further 20%.

From 2012 to 2021, the biggest increases were recorded for Papua New Guinea (with a CAGR of +10.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electric heating radiator exported from Australia were Papua New Guinea ($X), New Zealand ($X) and China ($X), with a combined 80% share of total exports. These countries were followed by the United States and Russia, which together accounted for a further 20%.

Among the main countries of destination, Russia, with a CAGR of 0.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average electric heating radiator export price amounted to $X per unit, surging by 11% against the previous year. In general, the export price, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2015 an increase of 205%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Papua New Guinea ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (-9.3%), while the prices for the other major destinations experienced a decline.

Electric Heating Radiator Imports

Imports into Australia

In 2021, overseas purchases of electric storage heating radiators were finally on the rise to reach X units after three years of decline. In general, imports, however, recorded a deep contraction. The growth pace was the most rapid in 2017 when imports increased by 4,564%. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, electric heating radiator imports surged to $X in 2021. Over the period under review, imports, however, showed a pronounced contraction. The pace of growth appeared the most rapid in 2017 when imports increased by 876%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest electric heating radiator supplier to Australia, with a 69% share of total imports. Moreover, electric heating radiator imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), fourfold. Germany (X units) ranked third in terms of total imports with a 5.1% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -10.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+16.9% per year) and Germany (-16.9% per year).

In value terms, the largest electric heating radiator suppliers to Australia were Germany ($X), China ($X) and Turkey ($X), with a combined 76% share of total imports. Spain, Finland and Italy lagged somewhat behind, together accounting for a further 24%.

Spain, with a CAGR of +126.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electric heating radiator import price stood at $X per unit in 2021, jumping by 93% against the previous year. In general, the import price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2019 an increase of 527%. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+61.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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