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

Contents:

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

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

The average export price for central heating boilers; excluding those of heading no. 8402s stood at $20 per unit in 2022, dropping by -40.3% against the previous year. Overall, the export price, however, recorded a pronounced increase. The growth pace was the most rapid in 2013 an increase of 154% against the previous year. The export price peaked at $55 per unit in 2017; however, from 2018 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 Bangladesh ($41 per unit), while the average price for exports to Japan ($6.4 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 Bangladesh (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for central heating boilers; excluding those of heading no. 8402s stood at $360 per unit in 2022, shrinking by -27% against the previous year. In general, the import price recorded a pronounced decrease. The most prominent rate of growth was recorded in 2019 when the average import price increased by 66% against the previous year. Over the period under review, average import prices hit record highs at $594 per unit in 2012; however, from 2013 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 South Korea ($451 per unit), while the price for the Netherlands ($154 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 (+2.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, overseas shipments of central heating boilers; excluding those of heading no. 8402s decreased by -20.3% to 406K units for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.4% 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 +41.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 39%. Over the period under review, the exports of hit record highs at 509K units in 2021, and then declined dramatically in the following year.

In value terms, exports of central heating boilers; excluding those of heading no. 8402s declined rapidly to $8.3M in 2022. Over the period under review, exports, however, showed moderate growth. The pace of growth was the most pronounced in 2021 when exports increased by 103% against the previous year. As a result, the exports reached the peak of $17M, and then contracted significantly in the following year.

Export of Central Heating Boilers; Excluding Those of Heading No. 8402 in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
VietnamN/A0.210.14.8389.9%
Japan4.05.93.61.4-29.5%
Bangladesh0.30.50.81.049.4%
Australia0.30.91.70.626.0%
Malaysia1.3N/AN/AN/A0%
Others1.31.11.20.5-27.3%
Total7.28.617.58.34.9%

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

  1. Japan (220.7K units)
  2. Vietnam (130.0K units)
  3. Bangladesh (25.3K units)
  4. Australia (15.8K units)
  5. Malaysia (0.2K units)

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

In 2022, purchases abroad of central heating boilers; excluding those of heading no. 8402s decreased by -43.4% to 18K units, falling for the second consecutive year after two years of growth. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 93%. As a result, imports attained the peak of 50K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of central heating boilers; excluding those of heading no. 8402s reduced sharply to $6.5M in 2022. Overall, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2020 when imports increased by 152%. As a result, imports reached the peak of $20M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Central Heating Boilers; Excluding Those of Heading No. 8402 in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.82.41.44.1-5.1%
South Africa1.61.81.61.3-6.7%
India0.10.20.30.344.2%
Thailand0.30.50.40.30.0%
United Arab EmiratesN/AN/AN/A0.10%
South Korea0.110.89.9N/A895.0%
GermanyN/A3.10.3N/A-90.3%
United States0.60.70.1N/A-59.2%
JapanN/AN/A1.3N/A0%
Others0.40.30.50.3-9.1%
Total7.919.815.86.5-6.3%

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

  1. China (9.1K units)
  2. South Africa (6.3K units)
  3. India (0.7K units)
  4. Thailand (0.6K units)
  5. United Arab Emirates (0.3K units)
  6. Japan (0.1K units)
  7. South Korea (0.1K units)

Source: IndexBox Market Intelligence Platform

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