Ukraine: Electric Heating Radiator Market 2025

Electric Heating Radiator Market Size in Ukraine

In 2021, the Ukrainian electric heating radiator market decreased by -80.3% to $X, falling for the eighth year in a row after two years of growth. In general, consumption recorded a significant contraction. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Electric Heating Radiator Production in Ukraine

In value terms, electric heating radiator production totaled $X in 2021 estimated in export price. Overall, production, however, continues to indicate a abrupt setback. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Electric Heating Radiator Exports

Exports from Ukraine

In 2021, approx. X units of electric storage heating radiators were exported from Ukraine; jumping by 58% compared with 2020 figures. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 188% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, electric heating radiator exports skyrocketed to $X in 2021. Overall, exports recorded a buoyant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 149%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Poland (X units), Hungary (X units) and Romania (X units) were the main destinations of electric heating radiator exports from Ukraine, together comprising 89% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +103.5%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Hungary ($X) and Romania ($X) appeared to be the largest markets for electric heating radiator exported from Ukraine worldwide, with a combined 89% share of total exports.

Poland, with a CAGR of +107.3%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average electric heating radiator export price amounted to $X per unit, growing by 17% against the previous year. In general, the export price, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2013 when the average export price increased by 45%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Heating Radiator Imports

Imports into Ukraine

Electric heating radiator imports into Ukraine skyrocketed to X units in 2021, surging by 217% against the previous year's figure. Over the period under review, imports, however, showed a deep slump. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, electric heating radiator imports skyrocketed to $X in 2021. Overall, imports, however, saw a abrupt shrinkage. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The Czech Republic (X units), Spain (X units) and Norway (X units) were the main suppliers of electric heating radiator imports to Ukraine, with a combined 85% share of total imports. These countries were followed by Switzerland, Belarus and Germany, which together accounted for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belarus (with a CAGR of 0.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the Czech Republic ($X) and Norway ($X) were the largest electric heating radiator suppliers to Ukraine, with a combined 95% share of total imports.

In terms of the main suppliers, Norway, with a CAGR of +75.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average electric heating radiator import price amounted to $X per unit, falling by -33.4% against the previous year. In general, the import price recorded a abrupt descent. The pace of growth appeared the most rapid in 2017 when the average import price increased by 62%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Belarus ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+12.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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