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

Contents:

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

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

In 2022, the average export price for central heating boilers; excluding those of heading no. 8402s amounted to $2.8 thousand per unit, reducing by -3.4% against the previous year. Overall, the export price recorded a sharp reduction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 57%. As a result, the export price attained the peak level of $33 thousand per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($4.4 thousand per unit), while the average price for exports to Algeria ($1.7 thousand per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-20.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for central heating boilers; excluding those of heading no. 8402s amounted to $3 thousand per unit, declining by -6.3% against the previous year. In general, the import price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2019 an increase of 56% against the previous year. Over the period under review, average import prices reached the maximum at $3.2 thousand per unit in 2021, and then dropped in the following year.

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 the Netherlands ($4.3 thousand per unit), while the price for China ($2 thousand per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+18.3%), 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 Italy

After three years of growth, shipments abroad of central heating boilers; excluding those of heading no. 8402s decreased by -1.7% to 375K units in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 170%. The exports peaked at 381K units in 2021, and then shrank modestly in the following year.

In value terms, exports of central heating boilers; excluding those of heading no. 8402s fell modestly to $1B in 2022. The total export value increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 19%. As a result, the exports reached the peak of $1.1B, and then fell in the following year.

Export of Central Heating Boilers; Excluding Those of Heading No. 8402 in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain91.877.094.397.21.9%
Russia70.266.674.996.711.3%
Romania79.385.210194.15.9%
France85.991.510387.50.6%
Turkey65.279.473.774.14.4%
Poland56.359.874.972.68.8%
United Kingdom67.365.568.968.70.7%
Netherlands30.527.743.054.121.1%
China42.131.843.539.1-2.4%
Hungary38.933.940.636.4-2.2%
Germany23.424.228.127.04.9%
Slovakia15.116.224.022.514.2%
Algeria22.022.726.116.7-8.8%
Others249234290245-0.5%
Total9379161,0851,0313.2%

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

  1. Russia (52.5K units)
  2. Spain (35.4K units)
  3. Romania (34.5K units)
  4. France (29.0K units)
  5. Poland (25.6K units)
  6. Turkey (22.5K units)
  7. United Kingdom (18.1K units)
  8. China (13.4K units)
  9. Netherlands (12.2K units)
  10. Hungary (10.3K units)
  11. Algeria (9.9K units)
  12. Germany (8.9K units)
  13. Slovakia (8.3K units)

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

In 2022, approx. 216K units of central heating boilers; excluding those of heading no. 8402s were imported into Italy; growing by 12% compared with the previous year's figure. Over the period under review, imports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 13%. Imports peaked at 253K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of central heating boilers; excluding those of heading no. 8402s reached $643M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 48%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Central Heating Boilers; Excluding Those of Heading No. 8402 in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany85.388.813814419.1%
Poland87.283.31031108.1%
France69.561.890.210314.0%
Turkey23.927.445.160.336.1%
Austria28.825.039.047.518.1%
Netherlands33.131.745.146.512.0%
Slovakia20.528.736.842.727.7%
Others62.465.711489.412.7%
Total41141361264316.1%

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

  1. Germany (38.4K units)
  2. France (36.6K units)
  3. Poland (33.9K units)
  4. Turkey (20.2K units)
  5. Austria (18.8K units)
  6. Slovakia (16.2K units)
  7. Netherlands (10.9K units)

Source: IndexBox Market Intelligence Platform

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