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World - Electric Water Heaters And Immersion Heaters - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Aug 7, 2024

World - Electric Water Heaters And Immersion Heaters - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Aug 7, 2024

Exploring the Top Import Markets for Electric Water Heaters

Electric water heaters have become an essential appliance in households around the world, providing a convenient and efficient way to heat water for various purposes. As the demand for electric water heaters continues to rise, import markets play a crucial role in meeting this demand by sourcing high-quality and cost-effective products from international suppliers.

According to recent data from IndexBox, the world's top-10 countries by import value of electric water heaters in 2023 are as follows:

  1. United States - $783.9 million
  2. Germany - $287.5 million
  3. France - $221.7 million
  4. United Kingdom - $173.4 million
  5. Spain - $161.3 million
  6. Canada - $151.2 million
  7. Russia - $135.5 million
  8. Poland - $132.3 million
  9. Belgium - $118.7 million
  10. Netherlands - $88.4 million

These countries have emerged as key players in the global electric water heater market, demonstrating strong demand for imported products to meet the needs of their respective populations. Let's take a closer look at each of these top import markets:

1. United States

The United States leads the way as the largest importer of electric water heaters, with an import value of $783.9 million in 2023. The country's strong demand for electric water heaters can be attributed to its large population, modern housing stock, and high standards of living.

2. Germany

Germany follows closely behind the United States, with an import value of $287.5 million in 2023. The country's robust economy and focus on energy efficiency have contributed to the increasing demand for electric water heaters among German consumers.

3. France

France ranks third among the world's top import markets for electric water heaters, with an import value of $221.7 million in 2023. The country's commitment to sustainability and renewable energy sources has fueled the adoption of electric water heaters as an environmentally friendly alternative.

4. United Kingdom

The United Kingdom is another significant importer of electric water heaters, with an import value of $173.4 million in 2023. The country's growing population and increasing emphasis on energy efficiency have driven the demand for advanced water heating solutions.

5. Spain

Spain's import market for electric water heaters is also thriving, with an import value of $161.3 million in 2023. The country's warm climate and focus on renewable energy make electric water heaters a popular choice for residential and commercial applications.

6. Canada

Canada demonstrates a strong demand for imported electric water heaters, with an import value of $151.2 million in 2023. The country's vast territory and diverse climate conditions create a need for efficient water heating solutions to meet the needs of its residents.

7. Russia

Russia is a key player in the global electric water heater market, with an import value of $135.5 million in 2023. The country's cold climate and growing urban population drive the demand for reliable and energy-efficient water heating systems.

8. Poland

Poland's import market for electric water heaters continues to expand, with an import value of $132.3 million in 2023. The country's modernizing infrastructure and increasing focus on energy conservation drive the demand for innovative water heating solutions.

9. Belgium

Belgium ranks among the top import markets for electric water heaters, with an import value of $118.7 million in 2023. The country's efforts to promote sustainability and energy efficiency have led to the widespread adoption of electric water heaters among Belgian consumers.

10. Netherlands

The Netherlands rounds out the top-10 import markets for electric water heaters, with an import value of $88.4 million in 2023. The country's focus on renewable energy sources and environmentally friendly technologies make electric water heaters a popular choice for residential and commercial use.

Overall, the world's best import markets for electric water heaters demonstrate a strong demand for efficient and sustainable water heating solutions. Manufacturers and suppliers in the electric water heater industry can capitalize on these opportunities by targeting key import markets and meeting the evolving needs of consumers around the world.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global electric water heater 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 27512530 - Electric instantaneous water heaters
  • Prodcom 27512550 -
  • Prodcom 27512570 -
  • Prodcom 27512560 - Electric water heaters and immersion heaters (excluding instantaneous water heaters)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ 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

Company coverage:

General Electric, Whirlpool, Carrier Corporation, State Industries, Bradford White, American Water Heaters, EcoSmart US, Goodman, A.O. Smith, Rinnai, Bosch, Ariston, Apen Group, Biemmedue, Stiebel Eltron, ACV, Kenmore, American Standard, Navien, Noritz, Reliance, Takagi, Electrolux, Bosh, Siemens, HTP, Ariston Thermo SpA, Viessmann, Venus Home Appliances, Bajaj Electricals, Himin Solar Energy

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 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. 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

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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