Research reading
Heaters: instantaneous or storage water heaters, non-electric, other than gas demand and the China (CHN) to MEX (MEX) lane
MEX (MEX) reported $65.5M of heaters: instantaneous or storage water heaters, non-electric, other than gas imports in 2024. China (CHN) accounted for 74.5% of the observed market and reported $48.8M in exports on this lane.
The latest annual values eased slightly, while the longer available history shows +10.3% buyer growth and +42.4% exporter growth. The page separates reported values from projections and indicators.
