Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Bahrain - 2022

Contents:

  1. Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Bahrain (CIF) - 2022
  2. Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Bahrain (FOB) - 2022
  3. Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Bahrain
  4. Exports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Bahrain

Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Bahrain (CIF) - 2022

In 2022, the average import price for central heating boilers; excluding those of heading no. 8402s amounted to $45 per unit, falling by -13.9% against the previous year. Overall, the import price saw a deep downturn. The growth pace was the most rapid in 2013 when the average import price increased by 11%. As a result, import price reached the peak level of $185 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +36.5% per year.

Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Bahrain (FOB) - 2022

In 2022, the average export price for central heating boilers; excluding those of heading no. 8402s amounted to $2.4 thousand per unit, increasing by 52% against the previous year. Over the period under review, the export price showed a buoyant increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 70%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($6 thousand per unit), while the average price for exports to Ethiopia ($9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+73.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Bahrain

In 2022, purchases abroad of central heating boilers; excluding those of heading no. 8402s decreased by -99.8% to 2K units, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a dramatic setback. The most prominent rate of growth was recorded in 2020 when imports increased by 118% against the previous year. As a result, imports attained the peak of 1.9M units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of central heating boilers; excluding those of heading no. 8402s reduced notably to $88K in 2022. Overall, imports recorded a significant curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 100%. As a result, imports reached the peak of $104M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Central Heating Boilers; Excluding Those of Heading No. 8402 in Bahrain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland48.210452.00.1-87.2%
Others3.90.40.1N/A-84.0%
Total52.110452.10.1-87.6%

Top Suppliers of Central Heating Boilers; Excluding Those of Heading No. 8402 to Bahrain in 2022:

  1. Switzerland (1943.0 units)

Exports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Bahrain

In 2022, overseas shipments of central heating boilers; excluding those of heading no. 8402s decreased by -43.2% to 21 units, falling for the second year in a row after two years of growth. In general, exports continue to indicate a sharp setback. The pace of growth appeared the most rapid in 2020 when exports increased by 40% against the previous year. As a result, the exports reached the peak of 73 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of central heating boilers; excluding those of heading no. 8402s reduced to $51K in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -25.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 79% against the previous year. As a result, the exports reached the peak of $68K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Central Heating Boilers; Excluding Those of Heading No. 8402 in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia20.646.031.424.55.9%
Netherlands14.519.420.224.018.3%
United Arab Emirates3.02.61.81.2-26.3%
PakistanN/AN/AN/A0.20%
EthiopiaN/AN/AN/AN/A0%
OthersN/A0.25.30.787.1%
Total38.168.258.750.59.8%

Top Export Markets for Central Heating Boilers; Excluding Those of Heading No. 8402 from Bahrain in 2022:

  1. Saudi Arabia (13.0 units)
  2. Netherlands (4.0 units)
  3. Pakistan (1.0 units)
  4. United Arab Emirates (1.0 units)
  5. Ethiopia (1.0 units)

Source: IndexBox Market Intelligence Platform

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