Ireland - Electric Water Heaters And Immersion Heaters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingElectric Water Heater Price in Ireland - 2023
Contents:
- Electric Water Heater Price in Ireland (CIF) - 2023
- Electric Water Heater Price in Ireland (FOB) - 2023
- Electric Water Heater Imports in Ireland
- Electric Water Heater Exports in Ireland
Electric Water Heater Price in Ireland (CIF) - 2023
In August 2023, the average electric water heater import price amounted to $289 per unit, which is down by -8% against the previous month. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 34% month-to-month. The import price peaked at $429 per unit in April 2023; however, from May 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($591 per unit), while the price for Portugal ($125 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Egypt (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Water Heater Price in Ireland (FOB) - 2023
In August 2023, the average electric water heater export price amounted to $403 per unit, surging by 35% against the previous month. Over the period under review, export price indicated a mild increase from August 2022 to August 2023: its price increased at an average monthly rate of +1.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, electric water heater export price decreased by -24.8% against April 2023 indices. Over the period under review, the average export prices attained the maximum at $536 per unit in April 2023; however, from May 2023 to August 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the UK.
From August 2022 to August 2023, the rate of growth in terms of prices for the UK amounted to +1.3% per month.
Electric Water Heater Imports in Ireland
For the third consecutive year, Ireland recorded decline in purchases abroad of electric water heaters and immersion heaters, which decreased by -2.4% to 309K units in 2022. In general, imports showed a sharp curtailment. Imports peaked at 727K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, electric water heater imports rose markedly to $49M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.7% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 22%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Electric Water Heater in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 25.3 | 31.2 | 27.1 | 26.3 | 1.3% |
| China | 2.5 | 1.4 | 9.6 | 9.3 | 54.9% |
| Netherlands | 0.1 | 0.1 | 3.2 | 4.9 | 265.9% |
| Germany | 1.0 | 1.4 | 0.3 | 1.4 | 11.9% |
| Australia | N/A | N/A | 0.5 | 1.1 | 120.0% |
| Egypt | 1.0 | 0.9 | 0.7 | 0.7 | -11.2% |
| Others | 1.2 | 3.1 | 4.9 | 5.2 | 63.0% |
| Total | 31.2 | 38.1 | 46.2 | 48.8 | 16.1% |
Top Suppliers of Electric Water Heater to Ireland in 2022:
- United Kingdom (174.8K units)
- China (88.4K units)
- Netherlands (17.2K units)
- Australia (13.5K units)
- Germany (3.9K units)
- Egypt (2.7K units)
Electric Water Heater Exports in Ireland
For the third consecutive year, Ireland recorded decline in overseas shipments of electric water heaters and immersion heaters, which decreased by -3.9% to 26K units in 2022. Overall, exports recorded a sharp slump. Over the period under review, the exports hit record highs at 201K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, electric water heater exports declined to $10M in 2022. In general, exports saw a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. Over the period under review, the exports hit record highs at $13M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Electric Water Heater in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 11.9 | 7.5 | 10.6 | 9.6 | -6.9% |
| United States | 0.7 | 0.8 | 0.5 | 0.4 | -17.0% |
| Turkey | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Others | 0.2 | 0.1 | 0.5 | 0.2 | 0.0% |
| Total | 12.8 | 8.6 | 11.7 | 10.3 | -7.0% |
Top Export Markets for Electric Water Heater from Ireland in 2022:
- United Kingdom (24.4K units)
- United States (0.8K units)
- Turkey (0.7K units)
This report provides an in-depth analysis of the electric water heater market in Ireland. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ireland
- 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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