Price for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in India - 2023

Contents:

  1. Price for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in India (FOB) - 2022
  2. Price for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in India (CIF) - 2022
  3. Exports of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in India
  4. Imports of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in India

Price for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in India (FOB) - 2022

In 2022, the average export price for boilers; watertube boilers with a steam production not exceeding 45t per hour amounted to $3,482 per ton, declining by -14.9% against the previous year. Overall, the export price recorded a pronounced slump. The pace of growth was the most pronounced in 2013 when the average export price increased by 33%. As a result, the export price reached the peak level of $6,275 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kenya ($4,187 per ton), while the average price for exports to Nicaragua ($2,243 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in India (CIF) - 2022

The average import price for boilers; watertube boilers with a steam production not exceeding 45t per hour stood at $6,177 per ton in 2022, surging by 130% against the previous year. In general, the import price, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2018 an increase of 147% against the previous year. The import price peaked at $23,525 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -8.6% per year.

Exports of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in India

In 2022, approx. 12K tons of boilers; watertube boilers with a steam production not exceeding 45t per hour were exported from India; rising by 36% against the previous year's figure. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 107% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of boilers; watertube boilers with a steam production not exceeding 45t per hour soared to $42M in 2022. Overall, exports posted buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 66%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nigeria3.43.25.67.228.4%
Bangladesh5.03.74.35.10.7%
Kenya3.02.42.74.211.9%
Tanzania0.20.20.53.2152.0%
Nepal1.51.01.42.721.6%
Mozambique0.20.30.11.8108.0%
TurkeyN/A0.11.01.7312.3%
Zambia0.20.40.11.6100.0%
Sri Lanka2.20.91.21.5-12.0%
HondurasN/AN/AN/A1.40%
Philippines0.10.14.11.2128.9%
United Arab Emirates0.40.52.11.140.1%
Nicaragua0.60.71.11.122.4%
Others9.88.512.28.3-5.4%
Total26.621.936.442.116.5%

Top Export Markets for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour from India in 2022:

  1. Nigeria (1956.4 tons)
  2. Bangladesh (1662.9 tons)
  3. Nepal (1053.3 tons)
  4. Kenya (1003.8 tons)
  5. Tanzania (860.3 tons)
  6. Turkey (542.9 tons)
  7. Nicaragua (479.8 tons)
  8. Zambia (475.8 tons)
  9. Mozambique (463.2 tons)
  10. Philippines (455.3 tons)
  11. Honduras (442.8 tons)
  12. Sri Lanka (437.6 tons)
  13. United Arab Emirates (319.3 tons)

Imports of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in India

In 2022, imports of boilers; watertube boilers with a steam production not exceeding 45t per hour into India dropped sharply to 739 tons, which is down by -63.2% compared with 2021 figures. Overall, imports recorded a sharp descent. The most prominent rate of growth was recorded in 2021 when imports increased by 75%. As a result, imports reached the peak of 2K tons, and then shrank significantly in the following year.

In value terms, imports of boilers; watertube boilers with a steam production not exceeding 45t per hour shrank sharply to $4.6M in 2022. Over the period under review, imports saw a deep setback.

Import of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.54.85.43.6-24.9%
OthersN/A2.0N/A0.9-32.9%
Total8.66.75.44.6-18.8%

Top Suppliers of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour to India in 2022:

  1. China (714.0 tons)

Source: IndexBox Market Intelligence Platform

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