United Arab Emirates: Electric Water Heater Market 2025

Electric Water Heater Market Size in the United Arab Emirates

The electric water heater market in the United Arab Emirates declined modestly to $X in 2022, dropping by -4.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption posted a notable expansion. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Electric Water Heater Exports

Exports from the United Arab Emirates

In 2022, electric water heater exports from the United Arab Emirates reduced slightly to X units, dropping by -1.8% on the previous year. In general, total exports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by +0.4% against 2020 indices. The growth pace was the most rapid in 2013 when exports increased by 99% against the previous year. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, electric water heater exports amounted to $X in 2022. Over the period under review, exports, however, showed pronounced growth. The pace of growth appeared the most rapid in 2013 with an increase of 51% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Bahrain (X units), Morocco (X units) and Mozambique (X units) were the main destinations of electric water heater exports from the United Arab Emirates, with a combined 45% share of total exports. Rwanda, Uruguay, Benin, Tanzania and Burundi lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the biggest increases were recorded for Uruguay (with a CAGR of +483.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electric water heater exported from the United Arab Emirates were Bahrain ($X), Morocco ($X) and Rwanda ($X), together comprising 58% of total exports. Benin, Tanzania, Uruguay, Mozambique and Burundi lagged somewhat behind, together accounting for a further 23%.

Among the main countries of destination, Uruguay, with a CAGR of +259.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electric water heater export price stood at $X per unit in 2022, picking up by 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2014 an increase of 57% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Water Heater Imports

Imports into the United Arab Emirates

In 2022, purchases abroad of electric water heaters and immersion heaters decreased by -0.4% to X units, falling for the third consecutive year after two years of growth. The total import volume increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when imports increased by 45%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, electric water heater imports shrank to $X in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 when imports increased by 45% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X units), Italy (X units) and Egypt (X units) were the main suppliers of electric water heater imports to the United Arab Emirates, with a combined 60% share of total imports. Brazil, India, Germany and the Netherlands lagged somewhat behind, together comprising a further 6.9%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +33.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest electric water heater suppliers to the United Arab Emirates were China ($X), Italy ($X) and Egypt ($X), with a combined 57% share of total imports. India, Germany, Brazil and the Netherlands lagged somewhat behind, together accounting for a further 2.6%.

Brazil, with a CAGR of +28.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electric water heater import price stood at $X per unit in 2022, which is down by -4.9% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 14% against the previous year. As a result, import price attained the peak level of $X per unit, and then shrank slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Brazil ($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 Netherlands (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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