Research Report on China Gas Water Heater Export 2023-2032
Water heater is a common household appliance, which can be mainly divided into three categories: electric water heater, gas water heater and solar water heater. With the concept of energy saving and emission reduction becoming mainstream and the global energy structure reform, natural gas is gradually being widely used, and the market size of gas water heaters has grown.
China is a major producer and exporter of gas water heaters. According to CRI analysis, in 2021, China exported 5,828,200 units of gas water heaters (referring to gas fast water heaters, the same below), up 19.62% year-on-year, with an export value of US$471 million, up 41.14% year-on-year.
In 2022, China's gas water heater exports declined due to the COVID-19 epidemic. From January to October 2022, China exported 3,632,800 units of gas water heaters, down 24.49% year-on-year, with an export value of US$344 million, down 10.95% year-on-year.
In 2021, China exported gas water heaters to about one hundred and forty countries and regions around the world. CRI analysis, by export volume, Mexico, the Russian Federation, Chile, India, Spain, the United States, Brazil, Colombia, Italy and Germany are the main destinations for China's gas water heater exports. Among them, Mexico is the largest destination of China's gas water heater exports. In 2021, China exported 935,000 units of gas water heaters to Mexico, accounting for 16.04% of the total export volume of gas water heaters in that year, with an export value of US$39,667,400, accounting for 8.42% of the total export value.
China is a major global producer and exporter of household appliances, and CRI expects China's gas water heater exports to continue to grow from 2023-2032.
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