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Iceland - Electric Water Heaters and Immersion Heaters - Market Analysis, Forecast, Size, Trends and Insights
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Electric Water Heater Market Size in Iceland
The revenue of the electric water heater market in Iceland amounted to $X in 2018, going up by X% 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, electric water heater consumption, however, continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the electric water heater market attained its peak figure level in 2018 and is likely to continue its growth in the immediate term.
Electric Water Heater Exports
Exports from Iceland
In 2018, approx. X units of electric water heaters and immersion heaters were exported from Iceland; waning by -X% against the previous year. Over the period under review, electric water heater exports continue to indicate a noticeable decline. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. In that year, electric water heater exports attained their peak of X units. From 2016 to 2018, the growth of electric water heater exports failed to regain its momentum.
In value terms, electric water heater exports totaled $X in 2018. In general, electric water heater exports continue to indicate a moderate curtailment. The pace of growth appeared the most rapid in 2015 when exports increased by X% year-to-year. Over the period under review, electric water heater exports attained their peak figure at $X in 2017, and then declined slightly in the following year.
Exports by Country
The exports of the twelve major exporters of electric water heaters and immersion heaters, namely Italy, China, Mexico, Germany, Brazil, the Netherlands, the U.S., Belgium, Malaysia, the Czech Republic, Bulgaria and Poland, represented more than two-thirds of total export.
From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Bulgaria, while the other leaders experienced more modest paces of growth.
In value terms, China ($X), Mexico ($X) and Italy ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports. The U.S., Germany, Belgium, Malaysia, the Netherlands, Bulgaria, the Czech Republic, Brazil, Poland and Iceland lagged somewhat behind, together comprising a further X terms of the main exporting countries, Bulgaria experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2018, the electric water heater export price in Iceland amounted to $X per unit, reducing by -X% against the previous year. In general, the export price indicated a slight expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, electric water heater export price decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2016 when the export price increased by X% against the previous year. In that year, the export prices for electric water heaters and immersion heaters attained their peak level of $X per unit. From 2017 to 2018, the growth in terms of the export prices for electric water heaters and immersion heaters remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was China ($X per unit), while Brazil ($X per unit) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced a decline in the export price figures.
Electric Water Heater Imports
Imports into Iceland
In 2018, approx. X units of electric water heaters and immersion heaters were imported into Iceland; falling by -X% against the previous year. Overall, electric water heater imports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Iceland imports peaked at X units in 2017, and then declined slightly in the following year.
In value terms, electric water heater imports amounted to $X in 2018. In general, electric water heater imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Iceland imports peaked in 2018 and are likely to see steady growth in the immediate term.
Imports by Country
The U.S. (X units) and the UK (X units) represented roughly X% of total imports of electric water heaters and immersion heaters in 2018. Russia (X units) took a X% share (based on tons) of total imports, which put it in second place, followed by Germany (X%). France (X units), Poland (X units), the United Arab Emirates (X units), Italy (X units), Spain (X units), Ukraine (X units), Belgium (X units) and Canada (X units) took a minor share of total imports.
From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Ukraine, while the other leaders experienced more modest paces of growth.
In value terms, the U.S. ($X) constitutes the largest market for imported electric water heaters and immersion heaters into Iceland, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by the UK, with a X% share.
In the U.S., electric water heater imports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Germany (+X% per year) and the UK (+X% per year).
Import Prices by Country
In 2018, the electric water heater import price in Iceland amounted to $X per unit, picking up by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. In that year, the import prices for electric water heaters and immersion heaters attained their peak level and is likely to continue its growth in the immediate term.
Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per unit), while the UK ($X per unit) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the electric water heater market in Iceland. 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 -
Country coverage:
- Iceland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Iceland
- 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
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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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