Malta: Electric Heating Equipment Market 2020

Electric Heating Equipment Market Size in Malta

The revenue of the electric heating equipment market in Malta amounted to $X in 2018, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, electric heating equipment consumption continues to indicate prominent growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, the electric heating equipment market reached its peak figure level in 2018 and is likely to see steady growth in the immediate term.

Electric Heating Equipment Exports

Exports from Malta

In 2018, the amount of electric space heating apparatus and soil heating apparatus exported from Malta totaled X units, jumping by X% against the previous year. Over the period under review, electric heating equipment exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2017 when exports increased by X% y-o-y. Malta exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, electric heating equipment exports stood at $X in 2018. Overall, electric heating equipment exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. In that year, electric heating equipment exports reached their peak of $X, and then declined slightly in the following year.

Exports by Country

Kyrgyzstan (X units) and China (X units) prevails in electric heating equipment exports structure, together comprising X% of total exports. It was distantly followed by Malaysia (X units), generating a X% share of total exports. Russia (X units), Germany (X units) and Japan (X units) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Kyrgyzstan (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest electric heating equipment supplier from Malta, comprising X% of global exports. The second position in the ranking was occupied by Germany ($X), with a X% share of global exports. It was followed by Malaysia, with a X% share.

In China, electric heating equipment exports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Germany (+X% per year) and Malaysia (+X% per year).

Export Prices by Country

The electric heating equipment export price in Malta stood at $X per unit in 2018, lowering by -X% against the previous year. Overall, the electric heating equipment export price continues to indicate a drastic setback. The most prominent rate of growth was recorded in 2010 when the export price increased by X% y-o-y. Over the period under review, the export prices for electric space heating apparatus and soil heating apparatus reached their maximum at $X per unit in 2013; however, from 2014 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Electric Heating Equipment Imports

Imports into Malta

In 2018, approx. X units of electric space heating apparatus and soil heating apparatus were imported into Malta; jumping by X% against the previous year. Over the period under review, electric heating equipment imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2012 when imports increased by X% against the previous year. Over the period under review, electric heating equipment imports reached their peak figure at X units in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

In value terms, electric heating equipment imports stood at $X in 2018. Over the period under review, electric heating equipment imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. Malta imports peaked in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

In 2018, Kazakhstan (X units) represented the key importer of electric space heating apparatus and soil heating apparatus, comprising X% of total imports. It was distantly followed by the U.S. (X units), the UK (X units), Russia (X units) and Japan (X units), together committing a X% share of total imports. France (X units), Italy (X units), Germany (X units), the Netherlands (X units), Spain (X units) and Vietnam (X units) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the electric space heating apparatus and soil heating apparatus imports, with a CAGR of +X% from 2007 to 2018. At the same time, Vietnam (+X%), France (+X%), the UK (+X%), the Netherlands (+X%), Germany (+X%), Russia (+X%), Japan (+X%) and Italy (+X%) displayed positive paces of growth. By contrast, Spain (-X%) and the U.S. (-X%) illustrated a downward trend over the same period. While the share of Kazakhstan (+X p.p.), the UK (+X p.p.) and Vietnam (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of the U.S. (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported electric space heating apparatus and soil heating apparatus into Malta, comprising X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by France, with a X% share.

In the U.S., electric heating equipment imports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Japan (+X% per year) and France (+X% per year).

Import Prices by Country

The electric heating equipment import price in Malta stood at $X per unit in 2018, picking up by X% against the previous year. Overall, the import price indicated a strong expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, electric heating equipment import price increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2015 an increase of X% year-to-year. Over the period under review, the import prices for electric space heating apparatus and soil heating apparatus reached their maximum at $X per unit in 2011; however, from 2012 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Germany ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform