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

Contents:

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

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

The average import price for central heating boilers; excluding those of heading no. 8402s stood at $2.4 thousand per unit in 2022, reducing by -19.6% against the previous year. Over the period under review, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when the average import price decreased by -2%. The import price peaked at $5.1 thousand per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($3.8 thousand per unit), while the price for Iran ($334 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-3.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for central heating boilers; excluding those of heading no. 8402s amounted to $1.1 thousand per unit, shrinking by -2% against the previous year. In general, the export price recorded a abrupt downturn. Over the period under review, the average export prices hit record highs at $2.3 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 France ($3.7 thousand per unit), while the average price for exports to North Macedonia ($433 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 France (+4.4%), 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 Greece

In 2022, overseas purchases of central heating boilers; excluding those of heading no. 8402s decreased by -7.4% to 15K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. As a result, imports reached the peak of 16K units, and then reduced in the following year.

In value terms, imports of central heating boilers; excluding those of heading no. 8402s reduced remarkably to $35M in 2022. In general, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. As a result, imports reached the peak of $47M, and then declined markedly in the following year.

Import of Central Heating Boilers; Excluding Those of Heading No. 8402 in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy25.122.126.017.3-11.7%
Germany5.86.47.76.64.4%
Turkey3.94.05.03.3-5.4%
South Korea2.72.02.22.2-6.6%
France1.51.92.30.9-15.7%
Bulgaria0.50.30.70.817.0%
Ireland0.90.60.60.7-8.0%
Serbia0.10.10.10.344.2%
Iran0.30.30.30.2-12.6%
Others2.11.92.12.56.0%
Total42.939.646.834.8-6.7%

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

  1. Italy (5.2K units)
  2. Turkey (2.4K units)
  3. Germany (2.2K units)
  4. Bulgaria (1.0K units)
  5. South Korea (0.8K units)
  6. Iran (0.7K units)
  7. Serbia (0.7K units)
  8. Ireland (0.4K units)
  9. France (0.2K units)

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

In 2022, exports of central heating boilers; excluding those of heading no. 8402s from Greece surged to 6.4K units, picking up by 26% on 2021 figures. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 54%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of central heating boilers; excluding those of heading no. 8402s surged to $6.9M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 35% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Central Heating Boilers; Excluding Those of Heading No. 8402 in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria8156812,1953,87668.2%
France3823455511,03939.6%
Cyprus400583376289-10.3%
Albania1,2421,4011,240284-38.8%
Spain227156171223-0.6%
South Africa26.413.452.120297.1%
NigeriaN/A4.5211141459.8%
Lebanon25212972.6110-24.1%
Bulgaria16991.588.796.2-17.1%
Romania17298.817489.2-19.7%
North Macedonia68.554.110383.56.8%
Others1,030607399503-21.3%
Total4,7834,1645,6346,93613.2%

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

  1. Austria (4705.0 units)
  2. France (284.0 units)
  3. Albania (232.0 units)
  4. North Macedonia (193.0 units)
  5. Lebanon (170.0 units)
  6. Cyprus (133.0 units)
  7. South Africa (110.0 units)
  8. Nigeria (108.0 units)
  9. Spain (94.0 units)
  10. Romania (51.0 units)
  11. Bulgaria (50.0 units)

Source: IndexBox Market Intelligence Platform

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