Pakistan - Electric Water Heaters And Immersion Heaters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingElectric Water Heater Price in Pakistan - 2023
Contents:
- Electric Water Heater Price in Pakistan (CIF) - 2022
- Electric Water Heater Price in Pakistan (FOB) - 2022
- Electric Water Heater Imports in Pakistan
- Electric Water Heater Exports in Pakistan
Electric Water Heater Price in Pakistan (CIF) - 2022
In 2022, the average electric water heater import price amounted to $54 per unit, picking up by 36% against the previous year. Overall, the import price showed a remarkable increase. The most prominent rate of growth was recorded in 2021 an increase of 77% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($195 per unit), while the price for Germany ($24 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+29.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Water Heater Price in Pakistan (FOB) - 2022
The average electric water heater export price stood at $36 per unit in 2022, which is down by -53.9% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 74% against the previous year. Over the period under review, the average export prices attained the maximum at $78 per unit in 2021, and then contracted rapidly in the following year.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Malawi amounted to +77.6% per year.
Electric Water Heater Imports in Pakistan
In 2022, approx. 5K units of electric water heaters and immersion heaters were imported into Pakistan; reducing by -79.8% on 2021. In general, imports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Imports peaked at 27K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, electric water heater imports dropped markedly to $271K in 2022. Over the period under review, imports recorded a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by 118%. As a result, imports reached the peak of $988K, and then reduced markedly in the following year.
Import of Electric Water Heater in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 220 | 225 | 474 | 191 | -4.6% |
United Arab Emirates | 157 | 150 | 225 | 16.1 | -53.2% |
Turkey | 6.9 | 20.9 | 72.5 | 15.7 | 31.5% |
United Kingdom | 14.8 | 10.9 | 59.3 | 14.6 | -0.5% |
Italy | 153 | 13.4 | 29.5 | 5.3 | -67.4% |
Germany | 2.8 | 15.2 | 16.0 | 4.5 | 17.1% |
United States | 12.3 | 8.6 | 53.2 | 1.0 | -56.7% |
Others | 11.0 | 8.3 | 58.5 | 22.3 | 26.6% |
Total | 578 | 452 | 988 | 271 | -22.3% |
Top Suppliers of Electric Water Heater to Pakistan in 2022:
- China (3907.0 units)
- United Kingdom (309.0 units)
- United Arab Emirates (270.0 units)
- Germany (185.0 units)
- Turkey (155.0 units)
- Italy (61.0 units)
- United States (5.0 units)
Electric Water Heater Exports in Pakistan
For the third consecutive year, Pakistan recorded decline in shipments abroad of electric water heaters and immersion heaters, which decreased by -99.6% to 27 units in 2022. Over the period under review, exports faced a significant contraction. The smallest decline of -9.8% was in 2021. Over the period under review, the exports reached the peak figure at 9K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, electric water heater exports declined dramatically to $973 in 2022. Overall, exports faced a precipitous setback. The smallest decline of -1% was in 2020. The exports peaked at $576K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Electric Water Heater in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | N/A | N/A | N/A | 1.0 | 0% |
Tajikistan | N/A | N/A | 351 | N/A | 0% |
Netherlands | 7.3 | 276 | N/A | N/A | 3680.8% |
Afghanistan | 192 | N/A | N/A | N/A | 0% |
Turkey | 344 | N/A | N/A | N/A | 0% |
Others | 32.3 | 294 | 214 | N/A | 157.4% |
Total | 576 | 570 | 564 | 1.0 | -88.0% |
Top Export Markets for Electric Water Heater from Pakistan in 2022:
- Germany (27.0 units)
This report provides an in-depth analysis of the electric water heater market in Pakistan. 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:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- 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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