U.S. Non-Electric Air Heater Imports Surpass Record $805M
IndexBox has just published a new report: ‘U.S. – Air Heaters Or Hot Air Distributors – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.
In 2021, the U.S., the largest buyer in the global non-electric air heater market, imported goods worth over $805B, a 33% increase compared to the figures of 2020. American purchases from Mexico and Canada sharply increased, while supplies from China dropped by 21% y-o-y.
The U.S. keeps holding the position of leading non-electric air heater importer worldwide, a new report published by IndexBox reveals. In 2021, the value of air heaters supplied to the U.S. exceeded $805M, soaring by 33% compared to the year earlier.
Mexico, China and Canada remain the largest air heater suppliers to the U.S. Over Q1-Q3 2021, imports from Mexico amounted to $368M, rising by 49% y-o-y. Canada expanded exports to America by 53% y-o-y to $68M during that time, while China’s supplies to the U.S. dropped by 21% y-o-y to $42M.
U.S. Non-Electric Air Heater Imports by Country
In 2020, imports of non-electric air heater and air distributors totalled $607M (IndexBox estimates). Mexico ($381M) constituted the largest supplier of air heaters to the U.S., comprising 63% of total purchases. The second position in the ranking was occupied by China ($78M), with a 13% share of total imports. It was followed by Canada, with a 12% share.
Top Largest Non-Electric Air Heater Importers Worldwide
Global imports of non-electric air heaters and air distributors amounted to $1.6B in 2020. The U.S. ($607M), Canada ($361M) and Russia ($60M) were the largest air heater importers, accounting for 65% of global supplies. These countries were followed by Germany, the Netherlands, Poland, France and the U.K., which accounted for a further 12%. In 2020, Germany recorded the highest growth rates of the import value (+4.3% y-o-y), while purchases for the other global leaders experienced more modest paces of growth.
Source: IndexBox Platform