Indonesia - Electric Water Heaters And Immersion Heaters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingElectric Water Heater Price in Indonesia - 2022
Contents:
- Electric Water Heater Price in Indonesia (CIF) - 2022
- Electric Water Heater Price in Indonesia (FOB) - 2022
- Electric Water Heater Imports in Indonesia
- Electric Water Heater Exports in Indonesia
Electric Water Heater Price in Indonesia (CIF) - 2022
In 2022, the average electric water heater import price amounted to $80 per unit, rising by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Thailand ($80 per unit) and Vietnam ($80 per unit), while the price for Italy ($80 per unit) and China ($80 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Water Heater Price in Indonesia (FOB) - 2022
The average electric water heater export price stood at $78.9 per unit in March 2022, approximately mirroring the previous month. Over the period under review, the export price, however, showed a abrupt descent. The pace of growth was the most pronounced in September 2021 an increase of 332% against the previous month. The export price peaked at $261 per unit in June 2021; however, from July 2021 to March 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In March 2022, the countries with the highest prices were Singapore ($78.9 per unit) and Malaysia ($78.9 per unit), while the average price for exports to Thailand ($78.9 per unit) and Timor-Leste ($78.9 per unit) were amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Timor-Leste (+7.9%), while the prices for the other major destinations experienced mixed trend patterns.
Electric Water Heater Imports in Indonesia
In 2022, the amount of electric water heaters and immersion heaters imported into Indonesia declined dramatically to 538K units, with a decrease of -25.2% compared with the year before. Overall, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 24%. As a result, imports attained the peak of 719K units, and then reduced rapidly in the following year.
In value terms, electric water heater imports declined significantly to $43M in 2022. The total import value increased at an average annual rate of +3.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 41%. As a result, imports reached the peak of $51M, and then contracted sharply in the following year.
| Import of Electric Water Heater in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 25.3 | 25.1 | 35.6 | 20.4 | -6.9% |
| Vietnam | 9.1 | 8.4 | 9.6 | 19.0 | 27.8% |
| Thailand | 0.4 | 0.3 | 0.4 | 1.0 | 35.7% |
| Italy | 1.4 | 0.3 | 1.1 | 0.5 | -29.1% |
| Others | 2.6 | 1.8 | 3.9 | 1.8 | -11.5% |
| Total | 38.8 | 36.0 | 50.6 | 42.8 | 3.3% |
Top Suppliers of Electric Water Heater to Indonesia in 2022:
- China (256.8K units)
- Vietnam (238.8K units)
- Thailand (12.8K units)
- Italy (6.5K units)
Electric Water Heater Exports in Indonesia
For the third year in a row, Indonesia recorded decline in shipments abroad of electric water heaters and immersion heaters, which decreased by -19.7% to 13K units in 2022. Overall, exports continue to indicate a dramatic decline. The smallest decline of -14.5% was in 2021. Over the period under review, the exports attained the peak figure at 30K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, electric water heater exports reduced rapidly to $1M in 2022. Over the period under review, exports recorded a significant decline. The pace of growth appeared the most rapid in 2021 when exports increased by 1.2% against the previous year. The exports peaked at $2M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Electric Water Heater in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 736 | 547 | 461 | 344 | -22.4% |
| Japan | 1.7 | 91.8 | 130 | 132 | 326.6% |
| United Arab Emirates | 0.1 | N/A | N/A | 117 | 953.7% |
| Vietnam | 341 | 137 | 240 | 116 | -30.2% |
| Timor-Leste | 160 | 115 | 105 | 103 | -13.7% |
| Singapore | 379 | 184 | 209 | 83.1 | -39.7% |
| Malaysia | 15.7 | 53.1 | 1.7 | 62.7 | 58.7% |
| Philippines | 137 | 31.4 | 75.4 | 46.9 | -30.0% |
| Egypt | 100 | 46.2 | 46.2 | N/A | -32.0% |
| Others | 161 | 67.0 | 19.0 | 35.1 | -39.8% |
| Total | 2,033 | 1,272 | 1,287 | 1,040 | -20.0% |
Top Export Markets for Electric Water Heater from Indonesia in 2022:
- Thailand (4.3K units)
- Japan (1.7K units)
- United Arab Emirates (1.5K units)
- Vietnam (1.5K units)
- Timor-Leste (1.3K units)
- Singapore (1.0K units)
- Malaysia (0.8K units)
- Philippines (0.6K units)
This report provides an in-depth analysis of the electric water heater market in Indonesia. 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 27512530 - Electric instantaneous water heaters
- Prodcom 27512550 -
- Prodcom 27512570 -
- Prodcom 27512560 - Electric water heaters and immersion heaters (excluding instantaneous water heaters)
Country coverage:
- Indonesia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Indonesia
- 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
-
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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