Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Ireland - 2024
Contents:
- Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Ireland (FOB) - 2024
- Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Ireland (CIF) - 2022
- Exports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Ireland
- Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Ireland
Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Ireland (FOB) - 2024
The average export price for central heating boilers; excluding those of heading no. 8402s stood at $657 per unit in April 2024, picking up by 23% against the previous month. Overall, export price indicated a temperate increase from April 2023 to April 2024: its price increased at an average monthly rate of +2.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2024 figures, export price for central heating boilers; excluding those of heading no. 8402s decreased by -9.8% against February 2024 indices. The growth pace was the most rapid in July 2023 when the average export price increased by 38% against the previous month. As a result, the export price reached the peak level of $798 per unit. From August 2023 to April 2024, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the UK.
From April 2023 to April 2024, the rate of growth in terms of prices for the UK amounted to +2.3% per month.
Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Ireland (CIF) - 2022
In 2022, the average import price for central heating boilers; excluding those of heading no. 8402s amounted to $3.5 thousand per unit, with a decrease of -11% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 21%. Over the period under review, average import prices reached the maximum at $5.1 thousand per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
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 Germany ($4.1 thousand per unit), while the price for Italy ($2.7 thousand per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Ireland
For the fourth consecutive year, Ireland recorded growth in overseas shipments of central heating boilers; excluding those of heading no. 8402s, which increased by 34% to 56K units in 2022. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 51% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of central heating boilers; excluding those of heading no. 8402s fell to $72M in 2022. The total export value increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 33% against the previous year. As a result, the exports attained the peak of $79M, and then shrank in the following year.
| Export of Central Heating Boilers; Excluding Those of Heading No. 8402 in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 66.5 | 56.6 | 76.0 | 68.5 | 1.0% |
| Others | 2.0 | 2.6 | 2.8 | 3.8 | 23.9% |
| Total | 68.4 | 59.3 | 78.8 | 72.3 | 1.9% |
Top Export Markets for Central Heating Boilers; Excluding Those of Heading No. 8402 from Ireland in 2022:
- United Kingdom (55.0K units)
Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Ireland
In 2022, imports of central heating boilers; excluding those of heading no. 8402s into Ireland soared to 19K units, rising by 33% on the year before. In general, imports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 88% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of central heating boilers; excluding those of heading no. 8402s soared to $67M in 2022. Over the period under review, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 113%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Central Heating Boilers; Excluding Those of Heading No. 8402 in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 34.9 | 20.2 | 44.4 | 50.7 | 13.3% |
| Germany | 0.1 | 0.1 | 5.2 | 6.1 | 293.6% |
| Italy | 3.6 | 2.8 | 2.0 | 2.8 | -8.0% |
| Turkey | N/A | N/A | 0.9 | 2.2 | 144.4% |
| Netherlands | 2.0 | 2.6 | 1.3 | 1.5 | -9.1% |
| France | 0.6 | 0.4 | 0.7 | 0.5 | -5.9% |
| Others | 2.3 | 0.5 | 2.3 | 3.1 | 10.5% |
| Total | 43.5 | 26.6 | 56.8 | 67.0 | 15.5% |
Top Suppliers of Central Heating Boilers; Excluding Those of Heading No. 8402 to Ireland in 2022:
- United Kingdom (14.4K units)
- Germany (1.5K units)
- Italy (1.0K units)
- Turkey (0.8K units)
- Netherlands (0.4K units)
- France (0.3K units)
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