Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Myanmar - 2023
Contents:
- Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Myanmar (CIF) - 2022
- Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Myanmar
Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Myanmar (CIF) - 2022
In 2022, the average import price for central heating boilers; excluding those of heading no. 8402s amounted to $1.8 thousand per unit, falling by -39.8% against the previous year. Overall, the import price saw a noticeable contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 701% against the previous year. The import price peaked at $9.1 thousand per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($5.2 thousand per unit), while the price for Thailand ($632 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-10.5%), while the prices for the other major suppliers experienced a decline.
Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Myanmar
Imports of central heating boilers; excluding those of heading no. 8402s into Myanmar skyrocketed to 207 units in 2022, rising by 41% compared with the previous year's figure. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 425%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of central heating boilers; excluding those of heading no. 8402s contracted markedly to $366K in 2022. Overall, imports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 77%. Imports peaked at $488K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Central Heating Boilers; Excluding Those of Heading No. 8402 in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 424 | 200 | 425 | 312 | -9.7% |
| Thailand | 27.4 | 0.1 | 0.6 | 49.3 | 21.6% |
| South Korea | N/A | N/A | 7.2 | N/A | 0% |
| India | 3.2 | 0.3 | N/A | N/A | -90.6% |
| Others | 34.1 | 43.3 | N/A | 5.2 | -46.6% |
| Total | 488 | 244 | 432 | 366 | -9.1% |
Top Suppliers of Central Heating Boilers; Excluding Those of Heading No. 8402 to Myanmar in 2022:
- China (128.0 units)
- Thailand (78.0 units)
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