Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in China - 2023
Contents:
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in China (FOB) - 2022
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in China (CIF) - 2022
- Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in China
- Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in China
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in China (FOB) - 2022
The average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $166 per unit in 2022, surging by 29% against the previous year. Over the period under review, the export price, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 36%. Over the period under review, the average export prices attained the maximum at $322 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($322 per unit), while the average price for exports to Sweden ($47 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 the United States (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in China (CIF) - 2022
In 2022, the average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $1,484 per unit, which is down by -25.9% against the previous year. In general, the import price, however, enjoyed a slight increase. The growth pace was the most rapid in 2020 when the average import price increased by 342%. Over the period under review, average import prices hit record highs at $2,126 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($2,254 per unit), while the price for the Netherlands ($302 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+41.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in China
After three years of growth, overseas shipments of heaters; instantaneous or storage water heaters, non-electric, other than gasses decreased by -77.8% to 308K units in 2022. Over the period under review, exports saw a precipitous decline. The most prominent rate of growth was recorded in 2020 with an increase of 9.6% against the previous year. Over the period under review, the exports of hit record highs at 1.4M units in 2021, and then contracted remarkably in the following year.
In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses declined sharply to $51M in 2022. In general, exports saw a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of 9.5% against the previous year. As a result, the exports attained the peak of $178M, and then reduced remarkably in the following year.
| Export of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 6.3 | 6.5 | 12.4 | 12.8 | 26.7% |
| Austria | 2.3 | 3.1 | 5.0 | 3.2 | 11.6% |
| Vietnam | 8.9 | 6.6 | 5.9 | 2.9 | -31.2% |
| Spain | 3.9 | 1.9 | 2.1 | 2.6 | -12.6% |
| Netherlands | 1.3 | 1.6 | 2.9 | 2.5 | 24.4% |
| Germany | 4.6 | 5.5 | 6.9 | 2.0 | -24.2% |
| Belgium | 0.4 | 0.4 | 1.2 | 1.9 | 68.1% |
| United States | 1.4 | 2.6 | 2.5 | 1.7 | 6.7% |
| India | 4.6 | 2.4 | 1.7 | 1.4 | -32.7% |
| France | 3.7 | 4.6 | 3.6 | 1.3 | -29.4% |
| Malaysia | 0.8 | 0.4 | 0.7 | 1.0 | 7.7% |
| Bangladesh | N/A | N/A | N/A | 0.7 | 0% |
| Sweden | 0.5 | 0.5 | 0.9 | 0.3 | -15.7% |
| Others | 127 | 126 | 132 | 16.5 | -49.4% |
| Total | 166 | 162 | 178 | 50.9 | -32.6% |
Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from China in 2022:
- Austria (43.1K units)
- Italy (39.9K units)
- Netherlands (34.7K units)
- Belgium (16.7K units)
- Vietnam (15.2K units)
- Germany (12.7K units)
- Spain (11.7K units)
- France (11.3K units)
- United States (8.0K units)
- Sweden (7.3K units)
- Bangladesh (7.0K units)
- India (7.0K units)
- Malaysia (6.5K units)
Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in China
In 2022, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses into China shrank rapidly to 390 units, declining by -68% compared with 2021 figures. In general, imports saw a sharp slump. The smallest decline of -14.5% was in 2021. Imports peaked at 7.4K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses declined rapidly to $579K in 2022. Overall, imports showed a precipitous contraction. The smallest decline of -14.8% was in 2020. Over the period under review, imports of attained the maximum at $3.5M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,157 | 2,655 | 2,064 | 337 | -46.1% |
| Japan | N/A | 5.1 | N/A | 140 | 423.9% |
| Netherlands | N/A | N/A | N/A | 24.8 | 0% |
| Poland | N/A | N/A | 8.3 | 17.9 | 115.7% |
| Germany | 945 | 11.9 | 130 | 14.3 | -75.3% |
| Denmark | N/A | N/A | N/A | 9.3 | 0% |
| Spain | 4.7 | 4.7 | 2.0 | 8.0 | 19.4% |
| Mexico | 232 | 281 | 72.3 | N/A | -44.2% |
| Others | 199 | 55.8 | 162 | 27.9 | -48.1% |
| Total | 3,538 | 3,014 | 2,439 | 579 | -45.3% |
Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to China in 2022:
- United States (161.0 units)
- Netherlands (82.0 units)
- Japan (62.0 units)
- Denmark (29.0 units)
- Germany (21.0 units)
- Poland (9.0 units)
- Spain (9.0 units)
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