France: Electric Heating Radiator Market 2024

Electric Heating Radiator Market Size in France

In 2021, the French electric heating radiator market was finally on the rise to reach $X after three years of decline. Overall, consumption showed strong growth. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Electric Heating Radiator Production in France

In value terms, electric heating radiator production skyrocketed to $X in 2021 estimated in export price. In general, production recorded a significant increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Electric Heating Radiator Exports

Exports from France

Electric heating radiator exports from France reduced sharply to X units in 2021, dropping by -17.3% on 2020 figures. In general, exports, however, showed modest growth. The most prominent rate of growth was recorded in 2017 with an increase of 123%. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, electric heating radiator exports rose slightly to $X in 2021. Over the period under review, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2019 when exports increased by 74% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Belgium (X units) was the main destination for electric heating radiator exports from France, with a 64% share of total exports. Moreover, electric heating radiator exports to Belgium exceeded the volume sent to the second major destination, Poland (X units), sixfold. Germany (X units) ranked third in terms of total exports with a 9.6% share.

From 2012 to 2021, the average annual growth rate of volume to Belgium amounted to -2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+116.4% per year) and Germany (+46.0% per year).

In value terms, Belgium ($X) remains the key foreign market for electric storage heating radiators exports from France, comprising 81% of total exports. The second position in the ranking was taken by Germany ($X), with a 6.6% share of total exports. It was followed by Switzerland, with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Belgium stood at +6.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+37.8% per year) and Switzerland (-4.4% per year).

Export Prices by Country

The average electric heating radiator export price stood at $X per unit in 2021, jumping by 26% against the previous year. In general, the export price continues to indicate prominent growth. The pace of growth appeared the most rapid in 2020 an increase of 77%. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Poland ($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 Poland (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Heating Radiator Imports

Imports into France

In 2021, supplies from abroad of electric storage heating radiators increased by 46% to X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 121%. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, electric heating radiator imports stood at $X in 2021. Over the period under review, imports showed resilient growth. The growth pace was the most rapid in 2014 with an increase of 87% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of electric heating radiator to France, accounting for a 85% share of total imports. Moreover, electric heating radiator imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. The third position in this ranking was held by Italy (X units), with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +28.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+23.4% per year) and Italy (+8.5% per year).

In value terms, China ($X) constituted the largest supplier of electric storage heating radiators to France, comprising 80% of total imports. The second position in the ranking was taken by Italy ($X), with an 8.7% share of total imports. It was followed by Spain, with a 2.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +21.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+11.2% per year) and Spain (-5.2% per year).

Import Prices by Country

The average electric heating radiator import price stood at $X per unit in 2021, which is down by -22.2% against the previous year. Overall, the import price saw a deep reduction. The growth pace was the most rapid in 2017 when the average import price increased by 3.6% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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 Italy ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+15.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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