Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Hungary - 2024
Contents:
- Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Hungary (CIF) - 2022
- Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Hungary (FOB) - 2022
- Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Hungary
- Exports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Hungary
Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Hungary (CIF) - 2022
In 2022, the average import price for central heating boilers; excluding those of heading no. 8402s amounted to $2.8 thousand per unit, which is down by -13.8% against the previous year. Overall, the import price, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2019 an increase of 61%. Over the period under review, average import prices reached the peak figure at $3.3 thousand per unit in 2021, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($5.2 thousand per unit), while the price for Turkey ($2.1 thousand per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+27.9%), 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 Hungary (FOB) - 2022
In 2022, the average export price for central heating boilers; excluding those of heading no. 8402s amounted to $858 per unit, reducing by -8% against the previous year. Over the period under review, the export price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when the average export price decreased by -4.5%. Over the period under review, the average export prices attained the peak figure at $2.4 thousand per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($5.3 thousand per unit), while the average price for exports to Romania ($501 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 Ukraine (+8.3%), while the prices for the other major destinations experienced a decline.
Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Hungary
In 2022, the amount of central heating boilers; excluding those of heading no. 8402s imported into Hungary skyrocketed to 36K units, rising by 19% on the year before. Over the period under review, imports, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. Over the period under review, imports of hit record highs at 41K 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 expanded slightly to $103M in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
Import of Central Heating Boilers; Excluding Those of Heading No. 8402 in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 40.4 | 34.7 | 42.0 | 37.4 | -2.5% |
Germany | 17.0 | 14.7 | 17.1 | 16.9 | -0.2% |
Slovakia | 10.2 | 10.7 | 13.6 | 15.4 | 14.7% |
Austria | 3.5 | 4.1 | 5.8 | 8.2 | 32.8% |
Turkey | 7.0 | 7.7 | 8.9 | 7.6 | 2.8% |
Netherlands | 7.7 | 6.9 | 8.0 | 7.1 | -2.7% |
China | N/A | 0.1 | 0.1 | 4.4 | 563.3% |
Czech Republic | 1.7 | 0.9 | 1.5 | 1.5 | -4.1% |
Others | 4.4 | 2.6 | 3.3 | 4.3 | -0.8% |
Total | 92.0 | 82.4 | 100 | 103 | 3.8% |
Top Suppliers of Central Heating Boilers; Excluding Those of Heading No. 8402 to Hungary in 2022:
- Italy (11.1K units)
- Germany (7.8K units)
- Slovakia (4.6K units)
- Turkey (3.7K units)
- Austria (3.6K units)
- China (1.6K units)
- Netherlands (1.4K units)
- Czech Republic (0.7K units)
Exports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Hungary
For the fourth year in a row, Hungary recorded growth in overseas shipments of central heating boilers; excluding those of heading no. 8402s, which increased by 36% to 85K units in 2022. Overall, exports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 63% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of central heating boilers; excluding those of heading no. 8402s soared to $73M in 2022. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 35% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Central Heating Boilers; Excluding Those of Heading No. 8402 in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 15.4 | 28.7 | 28.5 | 36.8 | 33.7% |
Austria | 8.2 | 9.7 | 12.9 | 18.5 | 31.2% |
Romania | 1.8 | 3.2 | 7.4 | 7.0 | 57.3% |
Italy | 4.6 | 2.7 | 3.9 | 4.2 | -3.0% |
Slovakia | 0.7 | 0.5 | 1.1 | 2.3 | 48.7% |
Others | 4.7 | 3.2 | 4.3 | 3.9 | -6.0% |
Total | 35.4 | 48.0 | 58.0 | 72.7 | 27.1% |
Top Export Markets for Central Heating Boilers; Excluding Those of Heading No. 8402 from Hungary in 2022:
- Germany (44.6K units)
- Austria (16.0K units)
- Romania (14.0K units)
- Italy (4.8K units)
- Slovakia (3.5K units)
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