The global export market for instantaneous gas water heaters is led by Japan, China, and South Korea, contributing significantly in 2023. Japan, holding the largest share, grew by 2.11% YoY. Notably, China and South Korea also showed growth of 2.58% and 4.9% respectively, underscoring their strong competitive positions. The United States and Mexico have steady growth, while countries like Chile and the United Kingdom experienced slight declines in their export shares.
Future trends to watch include emerging markets like Indonesia and Croatia, showing substantial YoY growth. Watch for market shifts due to economic and environmental policies that might influence production and export preferences.
Top countries in Export of Instantaneous Gas Water Heaters Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 28.79 | 2023 | +2.97% | +2.11% | View data |
| 2 | 2 China | 23.5 | 2023 | +2.61% | +2.58% | View data |
| 3 | 3 South Korea | 13.81 | 2023 | +4.99% | +4.9% | View data |
| 4 | 4 Portugal | 9.34 | 2023 | +1.72% | +0.46% | View data |
| 5 | 5 United States | 6.05 | 2023 | +2.76% | +2.8% | View data |
| 6 | 6 Mexico | 4.77 | 2023 | +2.59% | +3.09% | View data |
| 7 | 7 Italy | 2.5 | 2023 | +0.66% | +0.38% | View data |
| 8 | 8 Germany | 2.13 | 2023 | +0.07% | +1.11% | View data |
| 9 | 9 Chile | 0.71 | 2023 | +3.18% | -3.14% | View data |
| 10 | 10 United Kingdom | 0.57 | 2023 | -1.68% | -3.39% | View data |
