Japan - Electric Space Heating Apparatus And Soil Heating Apparatus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingElectric Heating Equipment Price in Japan - 2023
Contents:
- Electric Heating Equipment Price in Japan (CIF) - 2023
- Electric Heating Equipment Price in Japan (FOB) - 2023
- Electric Heating Equipment Imports in Japan
- Electric Heating Equipment Exports in Japan
Electric Heating Equipment Price in Japan (CIF) - 2023
The average electric heating equipment import price stood at $58.6 per unit in July 2023, stabilizing at the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2022 an increase of 0.3% month-to-month. As a result, import price attained the peak level of $61.7 per unit. From September 2022 to July 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Malaysia ($58.6 per unit) and Spain ($58.6 per unit), while the price for China ($58.6 per unit) and France ($58.6 per unit) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (0.0%), while the prices for the other major suppliers experienced a decline.
Electric Heating Equipment Price in Japan (FOB) - 2023
In July 2023, the average electric heating equipment export price amounted to $14.7 per unit, declining by -7.7% against the previous month. Overall, the export price saw a pronounced decrease. The pace of growth appeared the most rapid in February 2023 an increase of 22% m-o-m. As a result, the export price attained the peak level of $21.3 per unit. From March 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was the United Arab Emirates ($29.5 per unit), while the average price for exports to the UK ($11.7 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+0.6%), while the prices for the other major destinations experienced mixed trend patterns.
Electric Heating Equipment Imports in Japan
Electric heating equipment imports into Japan expanded significantly to 6.2M units in 2022, increasing by 13% against the previous year. Over the period under review, imports, however, saw a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 66%. Over the period under review, imports hit record highs at 8.1M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, electric heating equipment imports amounted to $364M in 2022. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
Import of Electric Heating Equipment in Japan (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 210 | 161 | 271 | 278 | 9.8% |
Malaysia | 139 | 107 | 57.7 | 73.4 | -19.2% |
Others | 14.7 | 9.0 | 8.8 | 13.1 | -3.8% |
Total | 364 | 277 | 337 | 364 | 0.0% |
Top Suppliers of Electric Heating Equipment to Japan in 2022:
- China (4.7M units)
- Malaysia (1.3M units)
Electric Heating Equipment Exports in Japan
Electric heating equipment exports from Japan soared to 623K units in 2022, picking up by 23% against 2021. Overall, exports, however, recorded a abrupt downturn. The exports peaked at 1.1M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, electric heating equipment exports fell modestly to $11M in 2022. In general, exports, however, recorded a precipitous curtailment. The smallest decline of -3.9% was in 2021. Over the period under review, the exports attained the maximum at $22M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Electric Heating Equipment in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | N/A | 1.9 | 2.1 | 3.7 | 39.5% |
China | 8.6 | 1.8 | 2.1 | 1.8 | -40.6% |
United States | 6.8 | 2.1 | 2.3 | 1.5 | -39.6% |
Thailand | 1.0 | 0.6 | 0.8 | 1.4 | 11.9% |
Austria | 0.5 | 0.5 | 0.6 | 0.7 | 11.9% |
South Africa | 0.5 | 0.5 | 0.7 | 0.5 | 0.0% |
Taiwan (Chinese) | 2.5 | 3.4 | 1.7 | 0.4 | -45.7% |
United Kingdom | 0.4 | 0.4 | 0.3 | 0.3 | -9.1% |
Turkey | 0.8 | 0.6 | 0.2 | N/A | -50.0% |
Others | 1.1 | 0.6 | 1.1 | 0.9 | -6.5% |
Total | 22.2 | 12.3 | 11.8 | 11.3 | -20.2% |
Top Export Markets for Electric Heating Equipment from Japan in 2022:
- Czech Republic (245.7K units)
- China (117.2K units)
- Thailand (86.5K units)
- United States (61.3K units)
- South Africa (39.4K units)
- Austria (32.6K units)
- United Kingdom (26.6K units)
- Taiwan (Chinese) (4.8K units)
This report provides an in-depth analysis of the electric heating equipment market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27512630 - Electric storage heating radiators
- Prodcom 27512650 - Electric radiators, convection heaters and heaters or fires with built-in fans
- Prodcom 27512690 - Other electric space heaters
Country coverage:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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