Southern Asia: Nonelectric Water Heater Market 2020

Nonelectric Water Heater Market Size in Southern Asia

The revenue of the nonelectric water heater market in Southern Asia amounted to $X in 2017, reducing by -X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. Over the period under review, the nonelectric water heater market reached its peak figure level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Nonelectric Water Heater Production in Southern Asia

In 2017, approx. X units of non-electric instantaneous or storage water heaters were produced in Southern Asia; falling by -X% against the previous year. The nonelectric water heater production continues to indicate a mild descent. The pace of growth was the most pronounced in 2012, when the output figure increased by X% year-to-year. The volume of nonelectric water heater production peaked of X units in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Nonelectric Water Heater Exports in Southern Asia

In 2017, approx. X units of non-electric instantaneous or storage water heaters were exported in Southern Asia; shrinking by -X% against the previous year. The nonelectric water heater exports continue to indicate a remarkable expansion. The pace of growth was the most pronounced in 2015, when exports increased by X% y-o-y. In that year, the nonelectric water heater exports attained their peak volume of X units. From 2016 to 2017, growth of the nonelectric water heater exports failed to regain its momentum.

In value terms, nonelectric water heater exports amounted to $X in 2017. The nonelectric water heater exports continue to indicate a prominent expansion. The level of exports peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Nonelectric Water Heater Exports by Country in Southern Asia

The countries with the highest levels of nonelectric water heater exports in 2017 were India (X units), together reaching X% of total export.

India was also the fastest growing in terms of the non-electric instantaneous or storage water heaters exports, with a CAGR of +X% from 2007 to 2017. India (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest nonelectric water heater supplier in Southern Asia.

From 2007 to 2017, the average annual rate of growth in terms of value in India stood at +X%.

Nonelectric Water Heater Export Prices by Country in Southern Asia

In 2017, the nonelectric water heater export price in Southern Asia amounted to $X per unit, waning by -X% against the previous year. The nonelectric water heater export price continues to indicate a temperate decrease. The most prominent rate of growth was recorded in 2010, when the export prices increased by X% year-to-year. Over the period under review, the export prices for non-electric instantaneous or storage water heaters attained its peak figure level of $X per unit in 2011; however, from 2012 to 2017, it failed to regain its momentum.

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

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by India (-X% per year).

Nonelectric Water Heater Imports in Southern Asia

In 2017, imports of non-electric instantaneous or storage water heaters in Southern Asia totaled X units, rising by X% against the previous year. The nonelectric water heater imports continue to indicate an outstanding expansion. The pace of growth was the most pronounced in 2010, when it surged by X% against the previous year. Over the period under review, the nonelectric water heater imports attained its peak figure volume in 2017, and are likely to continue its growth in the immediate term.

In value terms, nonelectric water heater imports amounted to $X in 2017. The nonelectric water heater imports continue to indicate a strong increase. Over the period under review, the nonelectric water heater imports reached its peak figure level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Nonelectric Water Heater Imports by Country in Southern Asia

India represented the largest importing country with an import of around X units, which amounted to X% of total imports. It was distantly followed by Pakistan (X units), creating X% share of total imports. Bangladesh (X units) held the weak share of total imports.

Imports into India increased at an average annual rate of +X% from 2007 to 2017. At the same time, Pakistan (+X%) and Bangladesh (+X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest growing importer in Southern Asia, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Bangladesh, Pakistan and India decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported non-electric instantaneous or storage water heaters in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of global imports. It was followed by Bangladesh, with a X% share.

In India, nonelectric water heater imports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Pakistan (+X% per year) and Bangladesh (+X% per year).

Nonelectric Water Heater Import Prices by Country in Southern Asia

The nonelectric water heater import price in Southern Asia stood at $X per unit in 2017, jumping by X% against the previous year. The nonelectric water heater import price continues to indicate an abrupt drop. The pace of growth was the most pronounced in 2011, an increase of X% against the previous year. The level of import price peaked of $X per unit in 2007; however, from 2008 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Bangladesh ($X per unit), while India ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by India (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform