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

Contents:

  1. Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Malaysia (CIF) - 2022
  2. Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Malaysia (FOB) - 2022
  3. Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Malaysia
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
China5567809421,24230.7%
South Korea65.462.53861,084155.0%
Taiwan (Chinese)3124424051,02748.8%
India36224354975027.5%
Italy2403354712876.1%
Germany13.582.21,316166130.8%
NetherlandsN/A200N/A148-14.0%
Australia51.623.928.771.511.5%
Japan3281,16380.170.5-40.1%
United States15.119016031.728.0%
Singapore92.57.039.422.5-37.6%
United Kingdom52.81.321.116.7-31.9%
EgyptN/A12.3N/AN/A0%
Others25620156.3111-24.3%
Total2,3463,7434,4545,02928.9%

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

  1. China (6.8K units)
  2. Taiwan (Chinese) (5.6K units)
  3. India (4.1K units)
  4. Italy (1.6K units)
  5. Germany (0.9K units)
  6. Netherlands (0.7K units)
  7. South Korea (0.5K units)
  8. United States (0.4K units)
  9. Australia (0.4K units)
  10. United Kingdom (0.3K units)
  11. Singapore (0.1K units)
  12. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala70.871714.6697114.3%
Saudi ArabiaN/AN/AN/A1110%
United States30.015881.469.432.3%
Singapore18.1N/A3.946.537.0%
Ghana18.9N/AN/A45.834.3%
BangladeshN/AN/A11837.5-68.2%
JapanN/AN/AN/A27.30%
Cambodia55.9N/AN/A27.0-21.5%
Indonesia1082.050.713.7-49.8%
Thailand2,02633112813.0-81.4%
TogoN/AN/AN/A11.60%
Azerbaijan4,101N/AN/AN/A0%
Others8.680.239.454.284.7%
Total6,4371,2884361,154-43.6%

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

  1. Guatemala (16.7K units)
  2. Saudi Arabia (5.3K units)
  3. United States (1.6K units)
  4. Cambodia (1.1K units)
  5. Thailand (1.1K units)
  6. Togo (1.0K units)
  7. Ghana (0.8K units)
  8. Bangladesh (0.8K units)
  9. Indonesia (0.8K units)
  10. Singapore (0.6K units)
  11. Japan (0.5K units)

Source: IndexBox Market Intelligence Platform

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