Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Japan - 2023
Contents:
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Japan (FOB) - 2022
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Japan (CIF) - 2022
- Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Japan
- Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Japan
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Japan (FOB) - 2022
The average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $617 per unit in 2022, leveling off at the previous year. Overall, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses decreased by -10.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 25%. The export price peaked at $692 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the Philippines ($618 per unit) and the United States ($617 per unit), while the average price for exports to Canada ($612 per unit) and Taiwan (Chinese) ($616 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Japan (CIF) - 2022
In 2022, the average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $483 per unit, picking up by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2015 an increase of 42% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($486 per unit) and South Korea ($485 per unit), while the price for Italy ($482 per unit) and the United States ($482 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Japan
In 2022, the amount of heaters; instantaneous or storage water heaters, non-electric, other than gasses exported from Japan dropped to 2.7K units, with a decrease of -7.4% against 2021. Over the period under review, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 134%. As a result, the exports reached the peak of 2.9K units, and then dropped in the following year.
In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses reduced to $1.7M in 2022. Overall, exports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 110%. As a result, the exports reached the peak of $1.8M, and then shrank in the following year.
| Export of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,033 | 351 | 1,409 | 1,382 | 10.2% |
| Philippines | N/A | 3.1 | 87.2 | 68.6 | 370.4% |
| Taiwan (Chinese) | 7.1 | 7.8 | 37.0 | 59.2 | 102.8% |
| Australia | N/A | N/A | N/A | 44.4 | 0% |
| Canada | 19.4 | N/A | 9.0 | 32.4 | 18.6% |
| China | 66.8 | 69.3 | 76.9 | 21.0 | -32.0% |
| India | N/A | 186 | N/A | N/A | 0% |
| United Arab Emirates | 191 | 151 | 108 | N/A | -24.8% |
| Others | 40.4 | 91.2 | 74.2 | 53.9 | 10.1% |
| Total | 1,358 | 859 | 1,802 | 1,661 | 6.9% |
Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Japan in 2022:
- United States (2238.0 units)
- Philippines (111.0 units)
- Taiwan (Chinese) (96.0 units)
- Australia (72.0 units)
- Canada (53.0 units)
- China (34.0 units)
Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Japan
In 2022, the amount of heaters; instantaneous or storage water heaters, non-electric, other than gasses imported into Japan shrank notably to 1.4K units, waning by -47.1% on the year before. Over the period under review, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 67% against the previous year. As a result, imports attained the peak of 2.6K units, and then shrank remarkably in the following year.
In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses shrank remarkably to $673K in 2022. In general, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 64% against the previous year. As a result, imports reached the peak of $1.1M, and then declined notably in the following year.
| Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 434 | 458 | 792 | 362 | -5.9% |
| United States | 137 | 44.7 | 110 | 95.5 | -11.3% |
| Italy | 11.7 | 17.3 | 24.5 | 47.8 | 59.9% |
| United Kingdom | N/A | N/A | 2.4 | 44.5 | 1754.2% |
| South Korea | 58.1 | 42.1 | 9.0 | 39.8 | -11.8% |
| Finland | N/A | N/A | 5.9 | 29.0 | 391.5% |
| Germany | 108 | 72.0 | 50.8 | 20.9 | -42.2% |
| Others | 36.3 | 32.3 | 101 | 33.6 | -2.5% |
| Total | 786 | 667 | 1,095 | 673 | -5.0% |
Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Japan in 2022:
- China (748.0 units)
- United States (198.0 units)
- Italy (99.0 units)
- United Kingdom (92.0 units)
- South Korea (82.0 units)
- Finland (60.0 units)
- Germany (43.0 units)
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