In terms of market demand: From a regional perspective, Russia and other CIS countries have a high demand for heating radiators. According to relevant data, Russia will be the largest importer of radiators in the Commonwealth of Independent States in 2022, accounting for 63% of total imports, and Central Asian countries such as Kazakhstan are also increasing their demand for HVAC equipment due to factors such as accelerated urbanization and cold climate. In the European market, due to the resumption of natural gas supply after the Russo Ukrainian War, some countries such as Germany suspended their subsidy policies for air source heating, resulting in a decrease in demand for air source heating radiators and a sharp decline in China’s export volume of air source heat pumps.
In terms of trade policy, Argentina initiated the first sunset review investigation of anti-dumping on household aluminum radiators originating from China and Italy on November 5th, and launched an anti circumvention investigation on Chinese products involved in the case, which may to some extent affect the exports of Chinese related enterprises to Argentina.
In terms of export enterprises, some Chinese companies actively explore overseas markets, such as Hebei Delang HVAC Equipment Co., Ltd. and Hebei Huichun Heating Equipment Co., Ltd., which export their products to Russia.
In terms of exhibition exchange, some international exhibitions held in 2024, such as the Philippines International HVAC, Refrigeration, Air Conditioning, Ventilation, Purification, and Building Materials Exhibition held in November, and the Kazakhstan Building Materials, HVAC, Refrigeration, Air Purification, Sanitary Ware, and Environmental Protection Exhibition held in September, provide a platform for heating and heat dissipation enterprises to showcase products and technologies, expand overseas markets, and help enterprises strengthen international cooperation and exchanges, promote product exports.
