Report Update Nov 1, 2024

Southern Asia - Electric Radiators and Convection Heaters - Market Analysis, Forecast, Size, Trends and Insights

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Southern Asia: Electric Radiator Market 2024

Electric Radiator Exports

Exports in Southern Asia

In 2021, overseas shipments of electric radiators and convection heaters increased by 52% to X units, rising for the fifth year in a row after two years of decline. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 156%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, electric radiator exports skyrocketed to $X in 2021. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2015 with an increase of 496% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

In 2021, India (X units) represented the key exporter of electric radiators and convection heaters in Southern Asia, creating 100% of total export.

India was also the fastest-growing in terms of the electric radiators and convection heaters exports, with a CAGR of +35.1% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest electric radiator supplier in Southern Asia.

From 2012 to 2021, the average annual growth rate of value in India totaled +21.1%.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2021, declining by -7.6% against the previous year. Overall, the export price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2015 when the export price increased by 651%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -10.4% per year.

Electric Radiator Imports

Imports in Southern Asia

In 2021, after three years of growth, there was significant decline in purchases abroad of electric radiators and convection heaters, when their volume decreased by -21.8% to X units. Over the period under review, imports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2018 when imports increased by 82% against the previous year. The volume of import peaked at X units in 2020, and then shrank notably in the following year.

In value terms, electric radiator imports fell to $X in 2021. Overall, imports, however, enjoyed moderate growth. The most prominent rate of growth was recorded in 2014 when imports increased by 174% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, India (X units) was the main importer of electric radiators and convection heaters, committing 69% of total imports. Nepal (X units) held the second position in the ranking, followed by Bangladesh (X units). All these countries together held near 25% share of total imports. Pakistan (X units) held a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to electric radiator imports into India stood at +8.8%. At the same time, Bangladesh (+20.0%) and Nepal (+13.7%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +20.0% from 2012-2021. By contrast, Pakistan (-2.0%) illustrated a downward trend over the same period. While the share of India (+11 p.p.), Nepal (+6.7 p.p.) and Bangladesh (+6.1 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Pakistan (-4.6 p.p.) displayed negative dynamics.

In value terms, India ($X) constitutes the largest market for imported electric radiators and convection heaters in Southern Asia, comprising 70% of total imports. The second position in the ranking was held by Nepal ($X), with a 10% share of total imports. It was followed by Pakistan, with an 8% share.

In India, electric radiator imports increased at an average annual rate of +8.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Nepal (+13.6% per year) and Pakistan (-0.5% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2021, rising by 16% against the previous year. Overall, the import price, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2014 an increase of 172% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+1.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric radiators and convection heaters in Southern Asia?

The countries with the highest volumes of in 2021 were India and Pakistan.

What are the largest producers of electric radiators and convection heaters in Southern Asia?

The countries with the highest volumes of in 2021 were India and Pakistan.

What are the leading suppliers of electric radiators and convection heaters in Southern Asia?

In value terms, India remains the largest electric radiator supplier in Southern Asia.

What are the leading importers of electric radiators and convection heaters in Southern Asia?

In value terms, India constitutes the largest market for imported electric radiators and convection heaters in Southern Asia, comprising 73% of total imports. The second position in the ranking was occupied by Bangladesh, with an 11% share of total imports. It was followed by Pakistan, with an 8.3% share.

What is the average export price for electric radiators and convection heaters in Southern Asia?

The export price in Southern Asia stood at $28 per unit in 2021, picking up by 8.7% against the previous year.

What is the average import price for electric radiators and convection heaters in Southern Asia?

The import price in Southern Asia stood at $15 per unit in 2021, rising by 7.8% against the previous year.

This report provides an in-depth analysis of the electric radiator market in Southern Asia. 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 27512650 - Electric radiators, convection heaters and heaters or fires with built-in fans

Country coverage:

Afghanistan
Bangladesh
Bhutan
India
Maldives
Nepal
Pakistan
Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Southern Asia, split by region and country
Trade (exports and imports) in Southern Asia
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. CONSUMPTION BY COUNTRY
3. 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
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
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, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023