World - Electric Heating Resistors - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingElectric Heating Resistor Market
The article discusses the projected decline in the global electric heating resistor market over the 2022-2030 period, with forecasts showing decreases in both volume and value. Consumption and production statistics are highlighted, alongside trends in the top importing and exporting countries. Detailed insights into market growth, consumption patterns, and price fluctuations are provided, offering a comprehensive overview of the electric heating resistor industry.
Market Forecast
The electric heating resistor market is expected to start a downward consumption trend over the next eight-year period. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -1.9% for the eight-year period from 2022 to 2030, which is projected to depress the market volume to 627M units by the end of 2030.
In value terms, the market is forecast to contract with an anticipated CAGR of +4.0% for the period from 2022 to 2030, which is projected to bring the market value to $14.3B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Electric Heating Resistors
Global electric heating resistor consumption soared to 728M units in 2022, rising by 78% against 2021 figures. Over the period under review, consumption saw a resilient expansion. As a result, consumption attained the peak volume and is likely to continue growth in the immediate term.
The global electric heating resistor market size skyrocketed to $10.5B in 2022, jumping by 27% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw resilient growth. Over the period under review, the global market attained the peak level at $10.5B in 2019; afterwards, it flattened through to 2022.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were Singapore (261M units), China (140M units) and the United States (89M units), together accounting for 67% of global consumption.
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Singapore (with a CAGR of +94.3%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, the largest electric heating resistor markets worldwide were the United States ($2.7B), Turkey ($1.7B) and China ($828M), with a combined 50% share of the global market. Singapore, India, Mexico, Japan and Argentina lagged somewhat behind, together comprising a further 18%.
Among the main consuming countries, Singapore, with a CAGR of +88.9%, saw the highest growth rate of market size over the period under review, while market for the other global leaders experienced more modest paces of growth.
In 2022, the highest levels of electric heating resistor per capita consumption was registered in Singapore (45 units per person), followed by Argentina (0.3 units per person), the United States (0.3 units per person) and Turkey (0.3 units per person), while the world average per capita consumption of electric heating resistor was estimated at 0.1 units per person.
In Singapore, electric heating resistor per capita consumption expanded at an average annual rate of +92.7% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Argentina (+2.7% per year) and the United States (+12.1% per year).
Production
World Production of Electric Heating Resistors
Global electric heating resistor production skyrocketed to 1.1B units in 2022, growing by 38% compared with the previous year's figure. In general, production continues to indicate a resilient increase. The pace of growth was the most pronounced in 2018 with an increase of 173% against the previous year. Over the period under review, global production reached the peak volume in 2022 and is likely to see gradual growth in years to come.
In value terms, electric heating resistor production shrank to $19.7B in 2022 estimated in export price. Over the period under review, production continues to indicate a tangible increase. The growth pace was the most rapid in 2018 when the production volume increased by 83% against the previous year. Over the period under review, global production reached the maximum level at $25.3B in 2019; however, from 2020 to 2022, production failed to regain momentum.
Production By Country
China (905M units) remains the largest electric heating resistor producing country worldwide, accounting for 84% of total volume. Moreover, electric heating resistor production in China exceeded the figures recorded by the second-largest producer, Switzerland (31M units), more than tenfold. The third position in this ranking was held by India (26M units), with a 2.4% share.
From 2012 to 2022, the average annual growth rate of volume in China totaled +11.2%. In the other countries, the average annual rates were as follows: Switzerland (-1.7% per year) and India (+1.9% per year).
Imports
World Imports of Electric Heating Resistors
For the third year in a row, the global market recorded growth in purchases abroad of electric heating resistors, which increased by 75% to 1B units in 2022. In general, imports showed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, electric heating resistor imports rose slightly to $5.3B in 2022. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +25.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. Over the period under review, global imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
Imports By Country
Singapore represented the major importer of electric heating resistors in the world, with the volume of imports recording 517M units, which was near 51% of total imports in 2022. The United States (176M units) ranks second in terms of the total imports with a 17% share, followed by China (8.2%). Thailand (19M units) took a little share of total imports.
Singapore was also the fastest-growing in terms of the electric heating resistors imports, with a CAGR of +64.2% from 2012 to 2022. At the same time, the United States (+32.1%) and Thailand (+7.2%) displayed positive paces of growth. China experienced a relatively flat trend pattern. Singapore (+50 p.p.) and the United States (+12 p.p.) significantly strengthened its position in terms of the global imports, while Thailand and China saw its share reduced by -2.5% and -27.2% from 2012 to 2022, respectively.
In value terms, the United States ($855M), China ($569M) and Singapore ($85M) constituted the countries with the highest levels of imports in 2022, together accounting for 29% of global imports.
Singapore, with a CAGR of +11.7%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
The average electric heating resistor import price stood at $5.2 per unit in 2022, shrinking by -41.1% against the previous year. Overall, the import price continues to indicate a abrupt descent. The growth pace was the most rapid in 2019 when the average import price increased by 23%. Over the period under review, average import prices reached the maximum at $16 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($6.9 per unit), while Singapore ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.6%), while the other global leaders experienced a decline in the import price figures.
Exports
World Exports of Electric Heating Resistors
In 2022, global electric heating resistor exports soared to 1.4B units, increasing by 43% against 2021. Overall, exports recorded a prominent increase. The pace of growth appeared the most rapid in 2018 when exports increased by 184%. Over the period under review, the global exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, electric heating resistor exports amounted to $5.9B in 2022. In general, total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.4% against 2012 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the near future.
Exports By Country
China represented the major exporter of electric heating resistors in the world, with the volume of exports resulting at 847M units, which was near 62% of total exports in 2022. It was distantly followed by Singapore (256M units) and the United States (93M units), together mixing up a 26% share of total exports. Switzerland (33M units) held a relatively small share of total exports.
From 2012 to 2022, average annual rates of growth with regard to electric heating resistor exports from China stood at +10.4%. At the same time, the United States (+48.0%) and Singapore (+26.9%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing exporter exported in the world, with a CAGR of +48.0% from 2012-2022. By contrast, Switzerland (-1.7%) illustrated a downward trend over the same period. While the share of Singapore (+13 p.p.) and the United States (+6.4 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Switzerland (-6.8 p.p.) and China (-11.6 p.p.) displayed negative dynamics.
In value terms, the largest electric heating resistor supplying countries worldwide were China ($1B), the United States ($581M) and Switzerland ($71M), together accounting for 28% of global exports. Singapore lagged somewhat behind, accounting for a further 0.6%.
Singapore, with a CAGR of +16.4%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
The average electric heating resistor export price stood at $4.3 per unit in 2022, dropping by -29.2% against the previous year. Over the period under review, the export price saw a deep downturn. The pace of growth appeared the most rapid in 2015 when the average export price increased by 303% against the previous year. As a result, the export price attained the peak level of $35 per unit. From 2016 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($6.3 per unit), while Singapore ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+9.7%), while the other global leaders experienced a decline in the export price figures.
This report provides an in-depth analysis of the global electric heating resistor market. 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 27512900 - Electric heating resistors (excluding of carbon)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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.
-
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
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
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
-
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
-
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. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
This report provides an in-depth analysis of the global electric heating resistor market.
Global Domestic Built-In Oven Market Report 2018. This report provides an in-depth analysis of the global domestic built-in oven market.
Global Domestic Electric Oven Market Report 2018. This report provides an in-depth analysis of the global domestic electric oven market.
This report provides an in-depth analysis of the global domestic electro-thermic appliances market.
This report provides an in-depth analysis of the global hair curler market.
This report provides an in-depth analysis of the global electric heating radiator market.
This report provides an in-depth analysis of the global electric radiator market.
This report provides an in-depth analysis of the global electric hand-dryer market.
This report provides an in-depth analysis of the global electric hair dryer market.
This report provides an in-depth analysis of the global market for domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines.
Explore the top import markets for electric heating resistor and the key statistics from leading countries. Find out where the demand is highest and what drives the market growth.
Explore the top import markets for microwave ovens worldwide and analyze key statistics and numbers behind their success. Discover lucrative opportunities in these markets.
Discover the top import markets for domestic coffee machines around the world. Explore key statistics and insights into the market potential of these countries. Stay informed with IndexBox market intelligence platform.
The average domestic coffee machine export price soared from $43 per unit in 2019 to $92 per unit in 2020. Among the leading exporters, the most notable price growth rate was attained by China. The average export price for Chinese coffee machines grew fivefold.
With a huge jump in exports in 2014, Mexico surged to the second spot in the global electric water heater and immersion heater trade. In 2014, Mexico exported X thousand tons of electric water heaters and immersion heaters totaling X million USD
China dominates in the global trade of electric space heating apparatus and soil heating apparatus. In 2014, China exported X thousand tons of electric space heating apparatus and soil heating apparatus totaling X billion USD, X% over the previo
Despite a X% drop in exports in 2014, France held the second spot in the global electric smoothing iron trade. In 2014, France exported X thousand tons of electric smoothing irons totaling X million USD. Its primary trading partner was Germany,
In 2016, the amount of oven and cooker imported worldwide amounted to X tons, increasing by X% against the previous year level. The total import volume increased at an average annual rate of +X>
In 2016, the amount of oven and cooker imported worldwide amounted to X tons, increasing by X% against the previous year level. The total import volume increased at an average annual rate of +X>
China continued its dominance in the global trade of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters. In 2014, China exported X thousand tons of electric ovens, cookers, cooking plates, boiling rings, grillers and roas