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

Contents:

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

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

The average import price for central heating boilers; excluding those of heading no. 8402s stood at $113 per unit in 2022, growing by 38% against the previous year. In general, the import price, however, saw a pronounced contraction. The growth pace was the most rapid in 2020 when the average import price increased by 69% against the previous year. The import price peaked at $194 per unit in 2015; however, from 2016 to 2022, import prices remained at a 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 the United States ($840 per unit), while the price for Spain ($40 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+16.7%), 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 Ecuador (FOB) - 2022

In 2022, the average export price for central heating boilers; excluding those of heading no. 8402s amounted to $205 per unit, which is down by -12.9% against the previous year. In general, the export price showed a precipitous setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 2,311%. The export price peaked at $4.3 thousand per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($392 per unit), while the average price for exports to Guatemala ($29 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 Guatemala (+169.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, overseas purchases of central heating boilers; excluding those of heading no. 8402s were finally on the rise to reach 820 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a dramatic curtailment. Over the period under review, imports of reached the maximum at 2.5K 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 skyrocketed to $92K in 2022. In general, imports, however, recorded a deep reduction. Over the period under review, imports of reached the peak figure at $128K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Central Heating Boilers; Excluding Those of Heading No. 8402 in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina34.222.113.148.512.3%
Spain5.85.61.412.629.5%
South Africa7.53.31.85.6-9.3%
Belgium2.21.80.13.010.9%
Bulgaria42.6N/AN/AN/A0%
EstoniaN/A6.5N/AN/A0%
Others35.613.52.122.6-14.1%
Total12852.818.492.3-10.3%

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

  1. Argentina (318.0 units)
  2. Spain (315.0 units)
  3. South Africa (121.0 units)
  4. Belgium (21.0 units)

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

After three years of growth, overseas shipments of central heating boilers; excluding those of heading no. 8402s decreased by -39.4% to 40 units in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 500%. The exports peaked at 66 units in 2021, and then contracted notably in the following year.

In value terms, exports of central heating boilers; excluding those of heading no. 8402s dropped rapidly to $8.2K in 2022. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 1,457%. The exports peaked at $16K in 2021, and then fell dramatically in the following year.

Export of Central Heating Boilers; Excluding Those of Heading No. 8402 in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.35.27.64.1139.1%
Slovakia0.12.43.72.4188.4%
ItalyN/AN/AN/A1.00%
PanamaN/AN/A3.70.5-86.5%
PeruN/A0.30.40.2-18.4%
GuatemalaN/AN/AN/AN/A0%
OthersN/A0.10.1N/A0.0%
Total0.58.015.58.2154.1%

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

  1. Italy (17.0 units)
  2. United States (12.0 units)
  3. Slovakia (6.0 units)
  4. Panama (3.0 units)
  5. Guatemala (1.0 units)
  6. Peru (1.0 units)

Source: IndexBox Market Intelligence Platform

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