Hong Kong SAR, China - Electric Storage Heating Radiators - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Heating Radiator Price in Hong Kong SAR - 2022
Contents:
- Electric Heating Radiator Price in Hong Kong SAR (FOB) - 2022
- Electric Heating Radiator Price in Hong Kong SAR (CIF) - 2022
- Electric Heating Radiator Exports in Hong Kong SAR
- Electric Heating Radiator Imports in Hong Kong SAR
Electric Heating Radiator Price in Hong Kong SAR (FOB) - 2022
In 2022, the average electric heating radiator export price amounted to $147 per unit, picking up by 224% against the previous year. Overall, the export price posted resilient growth. The most prominent rate of growth was recorded in 2016 an increase of 836% against the previous year. As a result, the export price attained the peak level of $551 per unit. From 2017 to 2022, 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 Israel ($290 per unit), while the average price for exports to Seychelles ($0.2 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 Panama (+37.8%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Heating Radiator Price in Hong Kong SAR (CIF) - 2022
The average electric heating radiator import price stood at $83 per unit in 2022, picking up by 45% against the previous year. Overall, the import price, however, showed a perceptible descent. The pace of growth appeared the most rapid in 2016 when the average import price increased by 52% against the previous year. The import price peaked at $150 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
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 UK ($419 per unit), while the price for South Korea ($5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+13.4%), while the prices for the other major suppliers experienced a decline.
Electric Heating Radiator Exports in Hong Kong SAR
In 2022, approx. 3.5K units of electric storage heating radiators were exported from Hong Kong SAR; waning by -23.7% on 2021 figures. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 90%. As a result, the exports attained the peak of 4.6K units, and then fell notably in the following year.
In value terms, electric heating radiator exports surged to $519K in 2022. Overall, exports saw a abrupt curtailment. The exports peaked at $828K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
Export of Electric Heating Radiator in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Israel | N/A | 804 | N/A | 439 | -26.1% |
United Kingdom | 439 | N/A | 2.4 | 74.6 | -44.6% |
Canada | 35.2 | 4.3 | 5.9 | 1.2 | -67.6% |
Germany | N/A | N/A | 95.1 | N/A | 0% |
Panama | 156 | N/A | N/A | N/A | 0% |
Seychelles | N/A | N/A | N/A | N/A | 0% |
United States | N/A | N/A | 99.9 | N/A | 0% |
Others | 40.1 | 19.9 | 7.0 | 4.5 | -51.8% |
Total | 671 | 828 | 210 | 519 | -8.2% |
Top Export Markets for Electric Heating Radiator from Hong Kong SAR in 2022:
- United Kingdom (1855.0 units)
- Israel (1511.0 units)
- Seychelles (128.0 units)
- Canada (21.0 units)
Electric Heating Radiator Imports in Hong Kong SAR
In 2022, approx. 1.4K units of electric storage heating radiators were imported into Hong Kong SAR; growing by 19% compared with the year before. Over the period under review, imports showed a strong expansion. The growth pace was the most rapid in 2020 when imports increased by 132% against the previous year. As a result, imports attained the peak of 2.3K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, electric heating radiator imports skyrocketed to $113K in 2022. In general, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 92% against the previous year. As a result, imports reached the peak of $160K. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Electric Heating Radiator in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 1.3 | 23.9 | N/A | 71.3 | 279.9% |
China | 39.2 | N/A | 1.0 | 27.1 | -11.6% |
Taiwan (Chinese) | 21.2 | 5.5 | 20.9 | 8.5 | -26.3% |
Belgium | 8.4 | 5.6 | 43.7 | 6.0 | -10.6% |
United Arab Emirates | N/A | 124 | N/A | N/A | 0% |
Others | 13.1 | 1.1 | 0.2 | N/A | -87.6% |
Total | 83.2 | 160 | 65.8 | 113 | 10.7% |
Top Suppliers of Electric Heating Radiator to Hong Kong SAR in 2022:
- China (856.0 units)
- Taiwan (Chinese) (294.0 units)
- United Kingdom (170.0 units)
- Belgium (36.0 units)
This report provides an in-depth analysis of the electric heating radiator market in Hong Kong SAR, China. 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
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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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