New Zealand - Electric Radiators And Convection Heaters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Radiator Price in New Zealand - 2023
Contents:
- Electric Radiator Price in New Zealand (CIF) - 2022
- Electric Radiator Price in New Zealand (FOB) - 2022
- Electric Radiator Imports in New Zealand
- Electric Radiator Exports in New Zealand
Electric Radiator Price in New Zealand (CIF) - 2022
The average electric radiator import price stood at $41 per unit in 2022, growing by 7.8% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric radiator import price increased by +88.3% against 2017 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 25%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($264 per unit), while the price for China ($29 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 (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Radiator Price in New Zealand (FOB) - 2022
The average electric radiator export price stood at $35 per unit in 2022, dropping by -28.4% against the previous year. Overall, the export price continues to indicate a slight setback. The most prominent rate of growth was recorded in 2019 an increase of 77% against the previous year. Over the period under review, the average export prices reached the maximum at $52 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($51 per unit), while the average price for exports to Taiwan (Chinese) ($28 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 Indonesia (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Radiator Imports in New Zealand
Electric radiator imports into New Zealand dropped to 597K units in 2022, waning by -14.9% on 2021 figures. Overall, imports saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 14%. As a result, imports attained the peak of 701K units, and then declined in the following year.
In value terms, electric radiator imports reduced to $25M in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 26%. As a result, imports attained the peak of $27M, and then contracted in the following year.
Import of Electric Radiator in New Zealand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 14.8 | 13.1 | 18.3 | 15.8 | 2.2% |
Malaysia | 3.1 | 4.1 | 2.6 | 4.0 | 8.9% |
United Kingdom | 0.2 | 0.6 | 1.3 | 1.5 | 95.7% |
Others | 3.7 | 3.7 | 4.6 | 3.2 | -4.7% |
Total | 21.8 | 21.4 | 26.8 | 24.6 | 4.1% |
Top Suppliers of Electric Radiator to New Zealand in 2022:
- China (538.8K units)
- United Kingdom (17.3K units)
- Malaysia (15.2K units)
Electric Radiator Exports in New Zealand
In 2022, shipments abroad of electric radiators and convection heaters was finally on the rise to reach 73K units after two years of decline. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, electric radiator exports skyrocketed to $2.6M in 2022. Over the period under review, exports continue to indicate a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Electric Radiator in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 10.9 | 122 | 54.3 | 1,942 | 462.7% |
Australia | 420 | 656 | 579 | 248 | -16.1% |
Taiwan (Chinese) | 256 | N/A | N/A | 140 | -18.2% |
China | N/A | 64.6 | 21.2 | 63.4 | -0.9% |
Indonesia | 5.5 | 3.2 | N/A | 62.8 | 125.2% |
Malaysia | 174 | 37.5 | 2.6 | 52.3 | -33.0% |
Denmark | 795 | 10.0 | 8.0 | 4.0 | -82.9% |
Philippines | 116 | 78.7 | N/A | N/A | -32.2% |
Others | 124 | 85.1 | 95.0 | 59.3 | -21.8% |
Total | 1,902 | 1,057 | 760 | 2,571 | 10.6% |
Top Export Markets for Electric Radiator from New Zealand in 2022:
- Denmark (undefinedK units)
- United States (57.6K units)
- Taiwan (Chinese) (5.0K units)
- Australia (4.8K units)
- Indonesia (2.0K units)
- Malaysia (1.7K units)
- China (1.6K units)
This report provides an in-depth analysis of the electric radiator market in New Zealand. 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:
- New Zealand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in New Zealand
- 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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