Northern America: Electric Heating Resistor Market 2025

Electric Heating Resistor Market Size in Northern America

In 2021, after two years of growth, there was significant decline in the North American electric heating resistor market, when its value decreased by -12.2% to $X. Overall, consumption, however, saw a buoyant expansion. Over the period under review, the market attained the peak level at $X in 2020, and then reduced in the following year.

Electric Heating Resistor Production in Northern America

In value terms, electric heating resistor production reduced remarkably to $X in 2021 estimated in export price. In general, production, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 60%. As a result, production reached the peak level of $X, and then dropped notably in the following year.

Electric Heating Resistor Exports

Exports in Northern America

In 2021, overseas shipments of electric heating resistors decreased by -16.5% to X units, falling for the third consecutive year after three years of growth. Over the period under review, exports showed a abrupt contraction. The growth pace was the most rapid in 2017 with an increase of 14%. The volume of export peaked at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, electric heating resistor exports expanded markedly to $X in 2021. Total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 16% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States represented the key exporting country with an export of about X units, which accounted for 88% of total exports. It was distantly followed by Canada (X units), creating a 12% share of total exports.

Exports from the United States decreased at an average annual rate of -8.5% from 2012 to 2021. Canada (-2.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Canada increased by +4.6 percentage points.

In value terms, the United States ($X) remains the largest electric heating resistor supplier in Northern America, comprising 95% of total exports. The second position in the ranking was taken by Canada ($X), with a 5% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the United States totaled +5.4%.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2021, picking up by 37% against the previous year. In general, the export price saw a remarkable increase. The pace of growth appeared the most rapid in 2020 an increase of 111%. The level of export peaked in 2021 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+15.2%).

Electric Heating Resistor Imports

Imports in Northern America

Electric heating resistor imports surged to X units in 2021, picking up by 15% against the previous year's figure. In general, imports, however, saw a noticeable setback. The volume of import peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, electric heating resistor imports soared to $X in 2021. The total import value increased at an average annual rate of +5.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States was the major importer of electric heating resistors in Northern America, with the volume of imports finishing at X units, which was approx. 75% of total imports in 2021. It was distantly followed by Canada (X units), creating a 25% share of total imports.

Imports into the United States decreased at an average annual rate of -5.9% from 2012 to 2021. Canada experienced a relatively flat trend pattern. While the share of Canada (+7.5 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of the United States (-7.5 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported electric heating resistors in Northern America, comprising 88% of total imports. The second position in the ranking was held by Canada ($X), with a 12% share of total imports.

In the United States, electric heating resistor imports expanded at an average annual rate of +5.9% over the period from 2012-2021.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2021, surging by 6.5% against the previous year. Overall, the import price showed buoyant growth. The growth pace was the most rapid in 2020 when the import price increased by 100% against the previous year. Over the period under review, import prices attained the peak figure in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while Canada amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+12.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :