Gas appliances is a requirement of every household, therefore the demand for these appliances is likely to increase in the local as well as the foreign market. Furthermore, only a small proportion of the market share is taken up by imported appliances, which reinforces the fact that local products have a higher demand in the domestic market.
Total global trade in terms of imports of gas appliances was $6.394 billion in 2009. USA is the largest importing country with a share of 30.2% and a total value of $1.931 billion. USA is a rapidly growing market with high annual growth rate. Germany is the second largest importer in this category with imports of $529.590 million. France is the third largest importer with total imports of $496.905 million.
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