Vietnam: Non-Electric Air Heater Market 2025

Non-Electric Air Heater Market Size in Vietnam

The Vietnamese non-electric air heater market soared to $X in 2022, jumping by 15% against the previous year. Overall, consumption, however, continues to indicate a deep downturn. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Non-Electric Air Heater Production in Vietnam

In value terms, non-electric air heater production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 68% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Non-Electric Air Heater Exports

Exports from Vietnam

After two years of growth, overseas shipments of non-electric air heaters or hot air distributors decreased by -32.8% to X units in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of 383% against the previous year. The exports peaked at X units in 2021, and then declined notably in the following year.

In value terms, non-electric air heater exports contracted sharply to $X in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 358%. The exports peaked at $X in 2021, and then declined rapidly in the following year.

Exports by Country

The United States (X units) was the main destination for non-electric air heater exports from Vietnam, with a 78% share of total exports. Moreover, non-electric air heater exports to the United States exceeded the volume sent to the second major destination, Germany (X units), fivefold. Sweden (X units) ranked third in terms of total exports with a 3.4% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +52.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+45.5% per year) and Sweden (-19.3% per year).

In value terms, the United States ($X) remains the key foreign market for non-electric air heaters or hot air distributors exports from Vietnam, comprising 78% of total exports. The second position in the ranking was taken by Germany ($X), with a 17% share of total exports. It was followed by Sweden, with a 3.5% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +58.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+55.5% per year) and Sweden (-17.4% per year).

Export Prices by Country

The average non-electric air heater export price stood at $X per unit in 2022, surging by 3.1% against the previous year. Over the last decade, it increased at an average annual rate of +6.3%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 60%. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Greece ($X per unit) and Sweden ($X per unit), while the average price for exports to Germany ($X per unit) and the United States ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Air Heater Imports

Imports into Vietnam

In value terms, non-electric air heater imports amounted to $X in 2022. Over the period under review, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 566% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In value terms, China ($X) constituted the largest supplier of non-electric air heaters or hot air distributors to Vietnam, comprising 93% of total imports. The second position in the ranking was taken by South Korea ($X), with a 4.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +45.6%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+44.8% per year) and Germany (+60.2% per year).

Import Prices by Country

In 2022, the average non-electric air heater import price amounted to $X per unit, surging by 6.8% against the previous year. Overall, the import price, however, saw a pronounced decline. The pace of growth was the most pronounced in 2018 when the average import price increased by 15% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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