Spain - Electric Radiators And Convection Heaters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Radiator Price in Spain - 2023
Contents:
- Electric Radiator Price in Spain (CIF) - 2023
- Electric Radiator Price in Spain (FOB) - 2023
- Electric Radiator Imports in Spain
- Electric Radiator Exports in Spain
Electric Radiator Price in Spain (CIF) - 2023
The average electric radiator import price stood at $37.9 per unit in August 2023, dropping by -15.5% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average import price increased by 82% against the previous month. As a result, import price reached the peak level of $87.0 per unit. From April 2023 to August 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Malaysia ($241 per unit), while the price for China ($31.0 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Electric Radiator Price in Spain (FOB) - 2023
The average electric radiator export price stood at $55.6 per unit in August 2023, with a decrease of -5.1% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.2%. The growth pace was the most rapid in May 2023 an increase of 45% m-o-m. As a result, the export price reached the peak level of $69.2 per unit. From June 2023 to August 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was the Netherlands ($171 per unit), while the average price for exports to Greece ($35.1 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+31.7%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Radiator Imports in Spain
Electric radiator imports into Spain fell to 2.7M units in 2022, with a decrease of -12% against the previous year. In general, imports saw a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by 33% against the previous year. Over the period under review, imports attained the maximum at 4.7M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, electric radiator imports declined to $107M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 57%. As a result, imports attained the peak of $118M, and then fell in the following year.
Import of Electric Radiator in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 48.9 | 49.0 | 85.0 | 76.0 | 15.8% |
Italy | 8.1 | 5.8 | 5.9 | 6.8 | -5.7% |
Germany | 2.9 | 9.1 | 5.2 | 5.6 | 24.5% |
France | 2.5 | 2.3 | 5.6 | 4.5 | 21.6% |
Netherlands | 1.5 | 1.4 | 3.1 | 3.7 | 35.1% |
Others | 12.3 | 7.7 | 13.5 | 10.1 | -6.4% |
Total | 76.2 | 75.4 | 118 | 107 | 12.0% |
Top Suppliers of Electric Radiator to Spain in 2022:
- China (2340.9K units)
- France (167.1K units)
- Netherlands (119.2K units)
- Italy (83.8K units)
- Germany (74.5K units)
Electric Radiator Exports in Spain
For the fourth year in a row, Spain recorded growth in overseas shipments of electric radiators and convection heaters, which increased by 12% to 1.8M units in 2022. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 62%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, electric radiator exports rose significantly to $84M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
Export of Electric Radiator in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 12.8 | 15.9 | 22.4 | 26.7 | 27.8% |
United Kingdom | 16.3 | 19.8 | 27.7 | 23.3 | 12.6% |
Portugal | 10.6 | 9.1 | 12.2 | 9.9 | -2.3% |
Germany | 0.5 | 1.5 | 1.6 | 6.0 | 128.9% |
Ireland | 4.9 | 4.3 | 4.9 | 5.7 | 5.2% |
Italy | 1.1 | 1.5 | 1.8 | 2.7 | 34.9% |
Netherlands | 1.3 | 1.3 | 1.2 | 1.9 | 13.5% |
Morocco | 0.7 | 0.6 | 0.1 | 0.3 | -24.6% |
Others | 5.5 | 5.1 | 6.4 | 7.5 | 10.9% |
Total | 53.6 | 58.9 | 78.2 | 83.9 | 16.1% |
Top Export Markets for Electric Radiator from Spain in 2022:
- France (553.7K units)
- Portugal (297.0K units)
- United Kingdom (273.0K units)
- Germany (203.7K units)
- Italy (161.2K units)
- Ireland (48.0K units)
- Netherlands (36.4K units)
- Morocco (12.1K units)
This report provides an in-depth analysis of the electric radiator market in Spain. 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 27512650 - Electric radiators, convection heaters and heaters or fires with built-in fans
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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
-
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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