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

Contents:

1. Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Iraq (CIF) - 2022
2. Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Iraq

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

In 2022, the average import price for central heating boilers; excluding those of heading no. 8402s amounted to $2.4 thousand per unit, growing by 11% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 53% against the previous year. As a result, import price attained the peak level of $4.2 thousand per unit. From 2015 to 2022, the average 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 Austria ($2.6 thousand per unit), while the price for the United States ($1.3 thousand per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, imports of central heating boilers; excluding those of heading no. 8402s into Iraq declined markedly to 2.3K units, falling by -16.4% compared with the year before. Over the period under review, imports recorded a noticeable reduction. The pace of growth appeared the most rapid in 2021 with an increase of 30%. As a result, imports attained the peak of 2.7K units, and then contracted remarkably in the following year.

In value terms, imports of central heating boilers; excluding those of heading no. 8402s reduced to $5.4M in 2022. The total import value increased at an average annual rate of +7.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. As a result, imports reached the peak of $5.8M, and then reduced in the following year.

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

1. Turkey (805.0 units)
2. Italy (332.0 units)
3. Iran (311.0 units)
4. United States (283.0 units)
5. United Arab Emirates (241.0 units)
6. Germany (213.0 units)

Source: IndexBox Market Intelligence Platform