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Average online sales price of water heaters in China 2015-2022, by type
The average online sales price of water heater systems has remained relatively unchanged over the observed period. As of 2022, the most affordable option was the instant water heater for kitchen use, with an average retail price of 444 yuan. Many houses in China were not equipt with a hot water system when they were constructed, which is why water heaters that can be installed afterward and do not require remodeling were very popular.