MENA: Electric Heating Radiator Market 2025

Electric Heating Radiator Market Size in MENA

The MENA's electric heating radiator market declined dramatically to $X in 2021, reducing by -45.2% against the previous year. Overall, consumption recorded a deep downturn. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Electric Heating Radiator Production in MENA

In value terms, electric heating radiator production reduced modestly to $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 15% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Electric Heating Radiator Exports

Exports in MENA

In 2021, shipments abroad of electric storage heating radiators increased by 26% to X units, rising for the second consecutive year after three years of decline. Over the period under review, exports showed a strong increase. The growth pace was the most rapid in 2020 when exports increased by 123%. The volume of export peaked in 2021 and is likely to continue growth in the immediate term.

In value terms, electric heating radiator exports surged to $X in 2021. Overall, exports enjoyed a perceptible expansion. The growth pace was the most rapid in 2020 with an increase of 165% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in years to come.

Exports by Country

In 2021, Jordan (X units) represented the main exporter of electric storage heating radiators, making up 65% of total exports. It was distantly followed by Turkey (X units), constituting a 34% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Jordan (with a CAGR of +10.8%).

In value terms, Jordan ($X) remains the largest electric heating radiator supplier in MENA, comprising 73% of total exports. The second position in the ranking was taken by Turkey ($X), with a 25% share of total exports.

In Jordan, electric heating radiator exports expanded at an average annual rate of +6.5% over the period from 2012-2021.

Export Prices by Country

The export price in MENA stood at $X per unit in 2021, reducing by -6.6% against the previous year. Overall, the export price showed a slight downturn. The pace of growth appeared the most rapid in 2018 when the export price increased by 34% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Jordan ($X per unit), while Turkey stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Jordan (-3.9%).

Electric Heating Radiator Imports

Imports in MENA

Electric heating radiator imports shrank sharply to X units in 2021, which is down by -37.4% against the previous year. Overall, imports showed a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 37%. The volume of import peaked at X units in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, electric heating radiator imports shrank dramatically to $X in 2021. Over the period under review, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 37%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Egypt (X units), Morocco (X units) and Israel (X units) represented roughly 86% of total imports in 2021. The United Arab Emirates (X units), Kuwait (X units), Libya (X units) and Yemen (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Egypt (with a CAGR of +18.1%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Israel ($X) constitutes the largest market for imported electric storage heating radiators in MENA, comprising 55% of total imports. The second position in the ranking was held by Egypt ($X), with a 24% share of total imports. It was followed by Morocco, with a 4.7% share.

In Israel, electric heating radiator imports shrank by an average annual rate of -1.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Egypt (+12.9% per year) and Morocco (-23.0% per year).

Import Prices by Country

The import price in MENA stood at $X per unit in 2021, picking up by 22% against the previous year. Import price indicated slight growth from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electric heating radiator import price increased by +8.7% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the import price increased by 35% against the previous year. Over the period under review, import prices attained the maximum in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Israel ($X per unit), while Morocco ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+23.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform