Report Update Nov 1, 2024

Pakistan - Electric Space Heating Apparatus and Soil Heating Apparatus - Market Analysis, Forecast, Size, Trends and Insights

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Pakistan: Electric Heating Equipment Market 2024

Electric Heating Equipment Market Size in Pakistan

In 2022, the Pakistani electric heating equipment market decreased by -80.2% to $X, falling for the second consecutive year after two years of growth. Overall, consumption faced a abrupt decline. Electric heating equipment consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Electric Heating Equipment Exports

Exports from Pakistan

In 2022, overseas shipments of electric space heating apparatus and soil heating apparatus increased by 23% to X units, rising for the sixth year in a row after three years of decline. Over the period under review, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 563%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, electric heating equipment exports shrank to $X in 2022. In general, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 889%. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

The UK (X units) was the main destination for electric heating equipment exports from Pakistan, with a approx. 97% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the UK stood at +14.9%.

In value terms, the UK ($X) also remains the key foreign market for electric space heating apparatus and soil heating apparatus exports from Pakistan.

From 2012 to 2022, the average annual growth rate of value to the UK amounted to +18.5%.

Export Prices by Country

In 2022, the average electric heating equipment export price amounted to $X per unit, falling by -27.6% against the previous year. Overall, the export price, however, recorded a moderate increase. The pace of growth was the most pronounced in 2016 an increase of 96%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +3.2% per year.

Electric Heating Equipment Imports

Imports into Pakistan

In 2022, overseas purchases of electric space heating apparatus and soil heating apparatus decreased by -81.1% to X units, falling for the second year in a row after two years of growth. Overall, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2014 with an increase of 144% against the previous year. Over the period under review, imports reached the maximum at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, electric heating equipment imports shrank notably to $X in 2022. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 when imports increased by 154% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest electric heating equipment supplier to Pakistan, with a 60% share of total imports. Moreover, electric heating equipment imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. The third position in this ranking was held by Turkey (X units), with a 3.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -16.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+13.3% per year) and Turkey (+4.7% per year).

In value terms, China ($X) constituted the largest supplier of electric space heating apparatus and soil heating apparatus to Pakistan, comprising 47% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 7.5% share of total imports. It was followed by Italy, with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to -16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+23.6% per year) and Italy (+7.6% per year).

Import Prices by Country

In 2022, the average electric heating equipment import price amounted to $X per unit, growing by 14% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric heating equipment import price increased by +77.9% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 56%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, 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 Saudi Arabia ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric space heating apparatus and soil heating apparatus in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, with a combined 82% share of global consumption.

What are the largest producers of electric space heating apparatus and soil heating apparatus in the world?

China remains the largest electric heating equipment producing country worldwide, accounting for 84% of total volume. It was followed by India, with a 2.4% share of total production. Pakistan ranked third in terms of total production with a 1.7% share.

What are the leading suppliers of electric space heating apparatus and soil heating apparatus to Pakistan?

In value terms, China constituted the largest supplier of electric heating equipment to Pakistan, comprising 86% of total imports. The second position in the ranking was occupied by Italy, with a 2.7% share of total imports.

What is the average export price for electric space heating apparatus and soil heating apparatus in Pakistan?

The average electric heating equipment export price stood at $77 per unit in 2021, picking up by 423% against the previous year.

What is the average import price for electric space heating apparatus and soil heating apparatus in Pakistan?

The average electric heating equipment import price stood at $28 per unit in 2021, picking up by 4.3% against the previous year.

This report provides an in-depth analysis of the electric heating equipment market in Pakistan. 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
Prodcom 27512650 - Electric radiators, convection heaters and heaters or fires with built-in fans
Prodcom 27512690 - Other electric space heaters

Country coverage:

Pakistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Pakistan
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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023