Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Denmark - 2024

Contents:

  1. Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Denmark (CIF) - 2022
  2. Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Denmark (FOB) - 2024
  3. Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Denmark
  4. Exports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Denmark

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

The average import price for central heating boilers; excluding those of heading no. 8402s stood at $1.4 thousand per unit in 2022, reducing by -46.9% against the previous year. Over the period under review, the import price, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 85%. The import price peaked at $2.9 thousand per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($4.6 thousand per unit), while the price for Poland ($677 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+28.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Denmark (FOB) - 2024

The average export price for central heating boilers; excluding those of heading no. 8402s stood at $2,856 per unit in April 2024, waning by -4.8% against the previous month. Overall, the export price continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in February 2024 when the average export price increased by 153% month-to-month. As a result, the export price attained the peak level of $4,811 per unit. From March 2024 to April 2024, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In April 2024, the country with the highest price was Ukraine ($2,019 per unit), while the average price for exports to Norway ($697 per unit) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+1.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of central heating boilers; excluding those of heading no. 8402s imported into Denmark skyrocketed to 31K units, rising by 74% compared with the previous year's figure. In general, imports enjoyed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of central heating boilers; excluding those of heading no. 8402s declined to $44M in 2022. Overall, imports, however, showed a mild descent. The pace of growth appeared the most rapid in 2021 with an increase of 34%. As a result, imports attained the peak of $48M, and then shrank in the following year.

Import of Central Heating Boilers; Excluding Those of Heading No. 8402 in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany27.718.624.315.3-18.0%
Netherlands0.50.33.08.4156.1%
Poland4.44.34.95.47.1%
Austria0.30.90.52.7108.0%
Turkey1.31.11.51.811.5%
Sweden1.12.12.11.715.6%
Italy1.30.91.41.30.0%
France2.31.71.90.8-29.7%
Slovenia0.30.30.50.732.6%
Spain0.71.32.50.6-5.0%
Ireland0.50.70.60.50.0%
Others5.83.24.44.8-6.1%
Total46.235.547.644.0-1.6%

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

  1. Poland (8.0K units)
  2. Netherlands (7.3K units)
  3. Germany (5.7K units)
  4. Turkey (2.4K units)
  5. Italy (1.6K units)
  6. Austria (1.1K units)
  7. Slovenia (0.6K units)
  8. Sweden (0.6K units)
  9. Ireland (0.4K units)
  10. France (0.3K units)
  11. Spain (0.2K units)

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

In 2022, exports of central heating boilers; excluding those of heading no. 8402s from Denmark contracted dramatically to 8.7K units, dropping by -28.1% against the previous year. Over the period under review, exports continue to indicate a deep slump. The growth pace was the most rapid in 2021 when exports increased by 4.9% against the previous year. The exports peaked at 14K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of central heating boilers; excluding those of heading no. 8402s dropped markedly to $23M in 2022. In general, exports continue to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. As a result, the exports reached the peak of $30M, and then reduced notably in the following year.

Export of Central Heating Boilers; Excluding Those of Heading No. 8402 in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden6.74.57.05.7-5.2%
Norway4.93.45.75.43.3%
Germany6.73.16.22.5-28.0%
France1.21.22.41.814.5%
Latvia0.80.40.81.728.6%
Finland0.32.61.31.049.4%
Netherlands0.20.90.80.858.7%
ChinaN/A6.81.8N/A-73.5%
Others4.02.64.33.6-3.5%
Total25.025.330.322.6-3.3%

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

  1. Sweden (2881.0 units)
  2. Norway (1515.0 units)
  3. Latvia (793.0 units)
  4. France (728.0 units)
  5. Germany (621.0 units)
  6. Finland (428.0 units)
  7. Netherlands (312.0 units)
  8. China (12.0 units)

Source: IndexBox Market Intelligence Platform

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