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

Contents:

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

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

The average import price for central heating boilers; excluding those of heading no. 8402s stood at $5,283 per unit in April 2024, growing by 32% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In April 2024, the country with the highest price was Switzerland ($1,906 per unit), while the price for Turkey amounted to $1,351 per unit.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by France (+4.5%), 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 Germany (FOB) - 2024

In April 2024, the average export price for central heating boilers; excluding those of heading no. 8402s amounted to $4,341 per unit, stabilizing at the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2023 when the average export price increased by 13% month-to-month. The export price peaked at $4,812 per unit in December 2023; however, from January 2024 to April 2024, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In April 2024, the country with the highest price was the United States ($1,510 per unit), while the average price for exports to Algeria ($952 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 Poland (+5.1%), 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 Germany

In 2022, the amount of central heating boilers; excluding those of heading no. 8402s imported into Germany was estimated at 473K units, picking up by 9.6% against the previous year's figure. The total import volume increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of central heating boilers; excluding those of heading no. 8402s rose notably to $1.5B in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 23%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

Import of Central Heating Boilers; Excluding Those of Heading No. 8402 in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria18236153362550.9%
Slovakia21029833229912.5%
Turkey1351531631524.0%
Netherlands1241261291260.5%
Switzerland70.963.568.266.2-2.3%
France48.140.046.552.63.0%
Czech Republic17.016.326.941.034.1%
Poland51.330.041.040.9-7.3%
Italy29.522.027.032.73.5%
Hungary5.79.511.822.558.0%
Romania2.02.75.84.934.8%
United Kingdom73.55.85.44.7-60.0%
Others39.035.743.759.915.4%
Total9881,1641,4341,52715.6%

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

  1. Austria (188.5K units)
  2. Slovakia (85.6K units)
  3. Netherlands (41.0K units)
  4. Turkey (40.4K units)
  5. Czech Republic (22.3K units)
  6. France (19.9K units)
  7. Poland (12.4K units)
  8. Switzerland (11.1K units)
  9. Hungary (10.2K units)
  10. Italy (9.5K units)
  11. Romania (7.6K units)
  12. United Kingdom (1.5K units)

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

In 2022, the amount of central heating boilers; excluding those of heading no. 8402s exported from Germany contracted to 371K units, with a decrease of -10.6% compared with the previous year's figure. In general, exports saw a dramatic descent. The exports peaked at 9M 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 reduced to $1.3B in 2022. Overall, exports continue to indicate a slight contraction. The pace of growth was the most pronounced in 2021 with an increase of 21%. As a result, the exports attained the peak of $1.5B, and then reduced in the following year.

Export of Central Heating Boilers; Excluding Those of Heading No. 8402 in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1461161411480.5%
Belgium150155188131-4.4%
United Kingdom155118129117-8.9%
Italy72.469.310811617.0%
France127112155101-7.4%
United States54.348.470.689.818.3%
Poland88.282.010278.3-3.9%
Slovakia66.874.981.268.20.7%
Spain53.551.664.661.64.8%
Austria66.861.172.458.0-4.6%
Turkey50.755.153.757.74.4%
Netherlands41.239.646.251.47.7%
Switzerland36.934.835.629.7-7.0%
Others270249284224-6.0%
Total1,3791,2671,5311,332-1.1%

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

  1. China (37.7K units)
  2. Austria (34.6K units)
  3. Belgium (32.4K units)
  4. France (30.4K units)
  5. Italy (28.9K units)
  6. United Kingdom (28.2K units)
  7. Slovakia (23.6K units)
  8. Poland (23.5K units)
  9. Turkey (21.3K units)
  10. United States (16.1K units)
  11. Spain (15.2K units)
  12. Netherlands (11.0K units)
  13. Switzerland (7.4K units)

Source: IndexBox Market Intelligence Platform

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