Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in China - 2024
Contents:
- Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in China (FOB) - 2024
- Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in China (CIF) - 2024
- Exports of Central Heating Boilers; Excluding Those of Heading No. 8402 in China
- Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in China
Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in China (FOB) - 2024
The average export price for central heating boilers; excluding those of heading no. 8402s stood at $452 per unit in April 2024, dropping by -5.9% against the previous month. In general, the export price recorded a mild decrease. The pace of growth was the most pronounced in December 2023 when the average export price increased by 26% against the previous month. The export price peaked at $510 per unit in January 2024; however, from February 2024 to April 2024, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($1,047 per unit), while the average price for exports to Romania ($199 per unit) was amongst the lowest.
From May 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in China (CIF) - 2024
In April 2024, the average import price for central heating boilers; excluding those of heading no. 8402s amounted to $652 per unit, reducing by -2.9% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in February 2024 an increase of 38% month-to-month. As a result, import price attained the peak level of $834 per unit. From March 2024 to April 2024, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($771 per unit), while the price for South Korea ($346 per unit) was amongst the lowest.
From May 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Italy (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Central Heating Boilers; Excluding Those of Heading No. 8402 in China
Exports of central heating boilers; excluding those of heading no. 8402s from China skyrocketed to 567K units in 2022, jumping by 26% compared with the year before. Overall, exports, however, saw a abrupt decline. The exports peaked at 896K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of central heating boilers; excluding those of heading no. 8402s surged to $310M in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 42%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Central Heating Boilers; Excluding Those of Heading No. 8402 in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 9.8 | 9.3 | 17.1 | 34.5 | 52.1% |
| United States | 20.4 | 23.6 | 27.5 | 33.2 | 17.6% |
| South Korea | 12.3 | 24.0 | 33.9 | 30.2 | 34.9% |
| United Kingdom | 26.5 | 23.1 | 24.4 | 28.9 | 2.9% |
| Germany | 5.3 | 11.1 | 22.2 | 26.7 | 71.4% |
| Uzbekistan | 5.3 | 9.3 | 14.7 | 20.0 | 55.7% |
| Kazakhstan | 5.7 | 7.1 | 8.8 | 19.0 | 49.4% |
| Netherlands | 12.1 | 9.3 | 13.5 | 18.0 | 14.2% |
| Italy | 7.5 | 5.7 | 11.0 | 12.4 | 18.2% |
| Iran | 8.5 | 6.0 | 4.8 | 6.4 | -9.0% |
| Belarus | 1.8 | 1.3 | 4.1 | 5.9 | 48.5% |
| United Arab Emirates | 0.7 | 0.6 | 4.3 | 4.3 | 83.1% |
| Armenia | 2.1 | 2.3 | 5.5 | 3.3 | 16.3% |
| Others | 41.2 | 45.4 | 61.7 | 67.1 | 17.7% |
| Total | 159 | 178 | 253 | 310 | 24.9% |
Top Export Markets for Central Heating Boilers; Excluding Those of Heading No. 8402 from China in 2022:
- Russia (130.8K units)
- Uzbekistan (83.3K units)
- Kazakhstan (52.5K units)
- South Korea (45.3K units)
- United Kingdom (32.2K units)
- Belarus (26.8K units)
- United States (18.4K units)
- United Arab Emirates (12.4K units)
- Germany (11.9K units)
- Armenia (11.6K units)
- Netherlands (9.1K units)
- Iran (7.5K units)
- Italy (7.2K units)
Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in China
In 2022, the amount of central heating boilers; excluding those of heading no. 8402s imported into China fell rapidly to 372K units, which is down by -15.9% against 2021 figures. Over the period under review, imports recorded a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 9.5%. Imports peaked at 514K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of central heating boilers; excluding those of heading no. 8402s shrank to $232M in 2022. In general, imports showed a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year. Imports peaked at $288M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Central Heating Boilers; Excluding Those of Heading No. 8402 in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 129 | 102 | 129 | 127 | -0.5% |
| Italy | 40.2 | 28.3 | 42.5 | 37.7 | -2.1% |
| Turkey | 32.8 | 20.9 | 24.4 | 21.3 | -13.4% |
| South Korea | 23.8 | 23.9 | 18.9 | 13.3 | -17.6% |
| Slovakia | 11.9 | 8.8 | 12.5 | 10.5 | -4.1% |
| Poland | 10.3 | 7.3 | 11.0 | 5.1 | -20.9% |
| Russia | 15.8 | 4.6 | 0.2 | 0.1 | -81.5% |
| Others | 24.3 | 16.5 | 19.5 | 17.3 | -10.7% |
| Total | 288 | 212 | 258 | 232 | -7.0% |
Top Suppliers of Central Heating Boilers; Excluding Those of Heading No. 8402 to China in 2022:
- Germany (171.1K units)
- Italy (76.0K units)
- Turkey (44.5K units)
- South Korea (29.5K units)
- Slovakia (27.2K units)
- Poland (12.8K units)
- Russia (0.2K units)
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