In 2023, Mexico led global exports of instantaneous water heaters, excluding gas types, followed by China and the United States. The overall market showed diverse trends with notable increases in exports from countries like Poland, Slovakia, and Bulgaria, while Germany, France, and the United Kingdom experienced declines. Canada showed a significant jump, while Portugal and Brazil faced considerable contractions. Over the past five years, the market witnessed varying degrees of change with a compound annual growth rate (CAGR) highlighting countries like Serbia and Thailand, showcasing robust growth.
Looking forward, future trends suggest a continued emphasis on energy efficiency and eco-friendliness could impact production and demand dynamics. Watch for technological advancements and regional demand shifts, especially in emerging economies, which may alter export patterns significantly.
Top countries in Export of Instantaneous Water Heaters Except Gas by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mexico | 469,960,000 | 2023 | +2.49% | +1.9% | View data |
| 2 | 2 China | 235,450,000 | 2023 | +3.58% | +3.15% | View data |
| 3 | 3 United States | 223,310,000 | 2023 | +2.66% | +2.64% | View data |
| 4 | 4 Germany | 171,550,000 | 2023 | -2.45% | -3.04% | View data |
| 5 | 5 Italy | 135,690,000 | 2023 | +2.97% | +2.63% | View data |
| 6 | 6 France | 93,128,000 | 2023 | -2.15% | -1.67% | View data |
| 7 | 7 Austria | 92,950,000 | 2023 | -1.5% | -1.56% | View data |
| 8 | 8 Poland | 89,008,000 | 2023 | -0.075% | +4.22% | View data |
| 9 | 9 Netherlands | 52,972,000 | 2023 | +0.98% | +0.52% | View data |
| 10 | 10 Greece | 51,573,000 | 2023 | +3.14% | +1.49% | View data |
