Report Update Feb 1, 2025

Kuwait - Electric Storage Heating Radiators - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Electric Heating Radiator Market 2025

Electric Heating Radiator Market Size in Kuwait

In 2021, the Kuwaiti electric heating radiator market decreased by -67.9% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, consumption continues to indicate a noticeable descent. As a result, consumption reached the peak level of $X, and then contracted notably in the following year.

Electric Heating Radiator Exports

Exports from Kuwait

In 2021, the amount of electric storage heating radiators exported from Kuwait shrank dramatically to X units, falling by -55.6% against 2020 figures. Over the period under review, exports recorded a sharp slump. The growth pace was the most rapid in 2016 when exports increased by 146%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, electric heating radiator exports reduced notably to $X in 2021. Overall, exports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 221% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for electric heating radiator exports from Kuwait, accounting for a approx. 75% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates amounted to -26.5%.

In value terms, the United Arab Emirates ($X) remains the key foreign market for electric storage heating radiators exports from Kuwait, comprising 77% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates amounted to -22.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-30.4% per year) and Egypt (-30.7% per year).

Export Prices by Country

The average electric heating radiator export price stood at $X per unit in 2021, with an increase of 14% against the previous year. In general, the export price posted measured growth. The growth pace was the most rapid in 2015 an increase of 52%. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

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 Saudi Arabia ($X per unit), while the average price for exports to the United Arab Emirates ($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 Jordan (+146.0%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Heating Radiator Imports

Imports into Kuwait

In 2021, supplies from abroad of electric storage heating radiators decreased by -75.8% to X units for the first time since 2017, thus ending a three-year rising trend. In general, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 667% against the previous year. As a result, imports reached the peak of X units, and then shrank significantly in the following year.

In value terms, electric heating radiator imports dropped rapidly to $X in 2021. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 636% against the previous year. As a result, imports attained the peak of $X, and then declined sharply in the following year.

Imports by Country

Russia (X units), Jordan (X units) and South Korea (X units) were the main suppliers of electric heating radiator imports to Kuwait, together accounting for 94% of total imports.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +33.0%), while purchases for the other leaders experienced a decline.

In value terms, Jordan ($X) constituted the largest supplier of electric storage heating radiators to Kuwait, comprising 55% of total imports. The second position in the ranking was taken by Russia ($X), with a 14% share of total imports. It was followed by South Korea, with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Jordan stood at -3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-76.7% per year) and South Korea (+10.7% per year).

Import Prices by Country

In 2021, the average electric heating radiator import price amounted to $X per unit, rising by 120% against the previous year. Over the period under review, the import price showed a strong expansion. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Jordan (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric storage heating radiators in the world?

China remains the largest electric heating radiator consuming country worldwide, comprising approx. 33% of total volume. Moreover, electric heating radiator consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. India ranked third in terms of total consumption with a 7% share.

What are the largest producers of electric storage heating radiators in the world?

China constituted the country with the largest volume of electric heating radiator production, comprising approx. 44% of total volume. Moreover, electric heating radiator production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The third position in this ranking was occupied by Germany, with a 4% share.

What are the leading suppliers of electric storage heating radiators to Kuwait?

In value terms, Russia constituted the largest supplier of electric heating radiator to Kuwait, comprising 63% of total imports. The second position in the ranking was occupied by China, with a 23% share of total imports.

What is the average export price for electric storage heating radiators in Kuwait?

In 2020, the average electric heating radiator export price amounted to $5.5 per unit, shrinking by -96.6% against the previous year.

What is the average import price for electric storage heating radiators in Kuwait?

The average electric heating radiator import price stood at $26 per unit in 2020, dropping by -49.1% against the previous year.

This report provides an in-depth analysis of the electric heating radiator market in Kuwait. 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

Country coverage:

Kuwait

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kuwait
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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024