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

Contents:

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

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

The average import price for central heating boilers; excluding those of heading no. 8402s stood at $3.4 thousand per unit in 2022, shrinking by -21.2% against the previous year. Overall, the import price, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2020 an increase of 76%. The import price peaked at $4.3 thousand per unit in 2021, and then declined dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($6.6 thousand per unit), while the price for Switzerland ($1.1 thousand per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+21.7%), 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 Luxembourg (FOB) - 2022

In 2022, the average export price for central heating boilers; excluding those of heading no. 8402s amounted to $2.5 thousand per unit, which is down by -7.4% against the previous year. Over the period under review, the export price, however, saw a strong expansion. The pace of growth was the most pronounced in 2019 an increase of 293% against the previous year. Over the period under review, the average export prices hit record highs at $2.7 thousand per unit in 2021, and then declined in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Germany ($2.9 thousand per unit) and France ($2.9 thousand per unit), while the average price for exports to Turkey ($2.1 thousand per unit) and Belgium ($2.7 thousand per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+55.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of central heating boilers; excluding those of heading no. 8402s into Luxembourg soared to 6.7K units in 2022, growing by 17% on the previous year. Over the period under review, imports, however, recorded a abrupt downturn. Over the period under review, imports of hit record highs at 11K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of central heating boilers; excluding those of heading no. 8402s declined to $23M in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. As a result, imports reached the peak of $25M, and then contracted in the following year.

Import of Central Heating Boilers; Excluding Those of Heading No. 8402 in Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany15.414.318.915.91.1%
Belgium2.72.42.63.812.1%
Austria1.10.92.01.22.9%
France0.30.40.60.838.7%
PolandN/AN/A0.20.6200.0%
Netherlands0.90.10.20.3-30.7%
Others0.4N/AN/AN/A0%
Total20.918.224.522.72.8%

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

  1. Germany (3961.0 units)
  2. Belgium (1915.0 units)
  3. Austria (313.0 units)
  4. Poland (277.0 units)
  5. France (124.0 units)
  6. Netherlands (66.0 units)

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

In 2022, approx. 503 units of central heating boilers; excluding those of heading no. 8402s were exported from Luxembourg; waning by -38.3% on the year before. Over the period under review, exports continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2021 with an increase of 220% against the previous year. As a result, the exports attained the peak of 815 units, and then dropped rapidly in the following year.

In value terms, exports of central heating boilers; excluding those of heading no. 8402s declined significantly to $1.3M in 2022. Overall, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 232% against the previous year. As a result, the exports attained the peak of $2.2M, and then dropped dramatically in the following year.

Export of Central Heating Boilers; Excluding Those of Heading No. 8402 in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium6236227946923.6%
Turkey29.91.01,101266107.2%
France50.129.030.321863.3%
Germany32.717.629695.242.8%
Others0.91.15.72.744.2%
Total7366712,2271,27320.0%

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

  1. Belgium (259.0 units)
  2. Turkey (126.0 units)
  3. France (76.0 units)
  4. Germany (33.0 units)

Source: IndexBox Market Intelligence Platform

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