Malta: Thermostat Market 2020

Thermostat Market Size in Malta

The revenue of the thermostat market in Malta amounted to $X in 2018, dropping 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). Over the period under review, thermostat consumption continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2014 when the market value increased by X% against the previous year. Malta thermostat consumption peaked at $X in 2017, and then declined slightly in the following year.

Thermostat Exports

Exports from Malta

Thermostat exports from Malta stood at X units in 2018, going down by -X% against the previous year. Overall, thermostat exports continue to indicate a temperate descent. The most prominent rate of growth was recorded in 2012 when exports increased by X% year-to-year. Malta exports peaked at X units in 2010; however, from 2011 to 2018, exports remained at a lower figure.

In value terms, thermostat exports amounted to $X in 2018. In general, thermostat exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2018 when exports increased by X% year-to-year. In that year, thermostat exports reached their peak and are likely to continue its growth in the immediate term.

Exports by Country

China (X units) and Japan (X units) represented roughly X% of total exports of thermostats in 2018. China, Hong Kong SAR (X units) occupied the next position in the ranking, followed by Mexico (X units). All these countries together held approx. X% share of total exports. Germany (X units), the Czech Republic (X units), Italy (X units), the U.S. (X units), Croatia (X units) and France (X units) held a little share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Croatia, while the other leaders experienced more modest paces of growth.

In value terms, the largest thermostat markets from Malta were China ($X), Germany ($X) and Mexico ($X), together comprising X% of total exports.

China recorded the highest growth rate of exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The thermostat export price in Malta stood at $X per unit in 2018, jumping by X% against the previous year. Overall, the thermostat export price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. Malta export price peaked in 2018 and is likely to see steady growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per unit), while Japan ($X per unit) was amongst the lowest.

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

Thermostat Imports

Imports into Malta

Thermostat imports into Malta amounted to X units in 2018, rising by X% against the previous year. In general, thermostat imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2010 when imports increased by X% y-o-y. Malta imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, thermostat imports stood at $X in 2018. In general, thermostat imports continue to indicate a buoyant increase. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. Over the period under review, thermostat imports attained their maximum at $X in 2017, and then declined slightly in the following year.

Imports by Country

China, Hong Kong SAR represented the largest importer of thermostats in the world, with the volume of imports accounting for X units, which was approx. X% of total imports in 2018. It was distantly followed by China (X units), Germany (X units), the U.S. (X units), Mexico (X units) and Turkey (X units), together creating a X% share of total imports. Italy (X units), the Czech Republic (X units), the UK (X units), India (X units), Brazil (X units) and Poland (X units) took a little share of total imports.

From 2007 to 2018, average annual rates of growth with regard to thermostat imports into China, Hong Kong SAR stood at +X%. At the same time, India (+X%), Turkey (+X%), Brazil (+X%), China (+X%), Poland (+X%), Germany (+X%) and Mexico (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. The Czech Republic experienced a relatively flat trend pattern. By contrast, the UK (-X%), the U.S. (-X%) and Italy (-X%) illustrated a downward trend over the same period. China, Hong Kong SAR (+X p.p.), China (+X p.p.) and Turkey (+X p.p.) significantly strengthened its position in terms of the global imports, while Italy and the U.S. saw its share reduced by -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported thermostats into Malta, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by China, Hong Kong SAR, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the U.S. amounted to +X%. In the other countries, the average annual rates were as follows: Germany (+X% per year) and China, Hong Kong SAR (+X% per year).

Import Prices by Country

The thermostat import price in Malta stood at $X per unit in 2018, reducing by -X% against the previous year. In general, the thermostat import price continues to indicate a slight reduction. The growth pace was the most rapid in 2013 when the import price increased by X% year-to-year. Over the period under review, the import prices for thermostats attained their maximum at $X per unit in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per unit), while China, Hong Kong SAR ($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