Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Malaysia - 2024
Contents:
- Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Malaysia (CIF) - 2022
- Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Malaysia (FOB) - 2022
- Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Malaysia
- Exports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Malaysia
Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Malaysia (CIF) - 2022
In 2022, the average import price for central heating boilers; excluding those of heading no. 8402s amounted to $231 per unit, increasing by 44% against the previous year. In general, the import price saw resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($2.4 thousand per unit), while the price for the United States ($75 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+43.0%), 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 Malaysia (FOB) - 2022
The average export price for central heating boilers; excluding those of heading no. 8402s stood at $37 per unit in 2022, jumping by 20% against the previous year. In general, the export price, however, saw a dramatic decline. The pace of growth appeared the most rapid in 2013 an increase of 27% against the previous year. As a result, the export price reached the peak level of $602 per unit. From 2014 to 2022, the average 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 Singapore ($74 per unit), while the average price for exports to Togo ($12 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 Honduras (-19.0%), while the prices for the other major destinations experienced a decline.
Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Malaysia
After three years of growth, purchases abroad of central heating boilers; excluding those of heading no. 8402s decreased by -21.5% to 22K units in 2022. Overall, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 48%. Imports peaked at 28K units in 2021, and then shrank significantly in the following year.
In value terms, imports of central heating boilers; excluding those of heading no. 8402s rose notably to $5M in 2022. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 60%. Imports peaked in 2022 and are likely to see steady growth in the near future.
Import of Central Heating Boilers; Excluding Those of Heading No. 8402 in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 556 | 780 | 942 | 1,242 | 30.7% |
South Korea | 65.4 | 62.5 | 386 | 1,084 | 155.0% |
Taiwan (Chinese) | 312 | 442 | 405 | 1,027 | 48.8% |
India | 362 | 243 | 549 | 750 | 27.5% |
Italy | 240 | 335 | 471 | 287 | 6.1% |
Germany | 13.5 | 82.2 | 1,316 | 166 | 130.8% |
Netherlands | N/A | 200 | N/A | 148 | -14.0% |
Australia | 51.6 | 23.9 | 28.7 | 71.5 | 11.5% |
Japan | 328 | 1,163 | 80.1 | 70.5 | -40.1% |
United States | 15.1 | 190 | 160 | 31.7 | 28.0% |
Singapore | 92.5 | 7.0 | 39.4 | 22.5 | -37.6% |
United Kingdom | 52.8 | 1.3 | 21.1 | 16.7 | -31.9% |
Egypt | N/A | 12.3 | N/A | N/A | 0% |
Others | 256 | 201 | 56.3 | 111 | -24.3% |
Total | 2,346 | 3,743 | 4,454 | 5,029 | 28.9% |
Top Suppliers of Central Heating Boilers; Excluding Those of Heading No. 8402 to Malaysia in 2022:
- China (6.8K units)
- Taiwan (Chinese) (5.6K units)
- India (4.1K units)
- Italy (1.6K units)
- Germany (0.9K units)
- Netherlands (0.7K units)
- South Korea (0.5K units)
- United States (0.4K units)
- Australia (0.4K units)
- United Kingdom (0.3K units)
- Singapore (0.1K units)
- Japan (0.1K units)
Exports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Malaysia
In 2022, overseas shipments of central heating boilers; excluding those of heading no. 8402s increased by 120% to 31K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a dramatic downturn. The exports peaked at 124K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of central heating boilers; excluding those of heading no. 8402s surged to $1.2M in 2022. Over the period under review, exports, however, faced a sharp decrease. Over the period under review, the exports of hit record highs at $6.4M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Central Heating Boilers; Excluding Those of Heading No. 8402 in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Guatemala | 70.8 | 717 | 14.6 | 697 | 114.3% |
Saudi Arabia | N/A | N/A | N/A | 111 | 0% |
United States | 30.0 | 158 | 81.4 | 69.4 | 32.3% |
Singapore | 18.1 | N/A | 3.9 | 46.5 | 37.0% |
Ghana | 18.9 | N/A | N/A | 45.8 | 34.3% |
Bangladesh | N/A | N/A | 118 | 37.5 | -68.2% |
Japan | N/A | N/A | N/A | 27.3 | 0% |
Cambodia | 55.9 | N/A | N/A | 27.0 | -21.5% |
Indonesia | 108 | 2.0 | 50.7 | 13.7 | -49.8% |
Thailand | 2,026 | 331 | 128 | 13.0 | -81.4% |
Togo | N/A | N/A | N/A | 11.6 | 0% |
Azerbaijan | 4,101 | N/A | N/A | N/A | 0% |
Others | 8.6 | 80.2 | 39.4 | 54.2 | 84.7% |
Total | 6,437 | 1,288 | 436 | 1,154 | -43.6% |
Top Export Markets for Central Heating Boilers; Excluding Those of Heading No. 8402 from Malaysia in 2022:
- Guatemala (16.7K units)
- Saudi Arabia (5.3K units)
- United States (1.6K units)
- Cambodia (1.1K units)
- Thailand (1.1K units)
- Togo (1.0K units)
- Ghana (0.8K units)
- Bangladesh (0.8K units)
- Indonesia (0.8K units)
- Singapore (0.6K units)
- Japan (0.5K units)
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