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

Contents:

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

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

The average import price for central heating boilers; excluding those of heading no. 8402s stood at $1.8 thousand per unit in 2022, declining by -87.1% against the previous year. Overall, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 182%. Over the period under review, average import prices reached the peak figure at $25 thousand per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 United States ($3.1 thousand per unit), while the price for France ($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 the United States (+3.2%), while the prices for the other major suppliers experienced a decline.

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

The average export price for central heating boilers; excluding those of heading no. 8402s stood at $6.6 thousand per unit in 2022, jumping by 38% against the previous year. Overall, the export price enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 1,439% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Papua New Guinea ($26 thousand per unit), while the average price for exports to South Korea ($669 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 the UK (+3,283.1%), 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 New Zealand

In 2022, approx. 2.5K units of central heating boilers; excluding those of heading no. 8402s were imported into New Zealand; increasing by 485% against the year before. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of central heating boilers; excluding those of heading no. 8402s reduced sharply to $4.4M in 2022. Overall, total imports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +2.7% 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 +30.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 73% against the previous year. As a result, imports reached the peak of $5.8M, and then declined dramatically in the following year.

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

1. Austria (825.0 units)
2. Italy (470.0 units)
3. Germany (386.0 units)
4. Netherlands (264.0 units)
5. United Kingdom (197.0 units)
6. Ireland (160.0 units)
7. United States (52.0 units)

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

In 2022, after two years of decline, there was significant growth in overseas shipments of central heating boilers; excluding those of heading no. 8402s, when their volume increased by 100% to 38 units. Over the period under review, exports, however, showed a deep slump. The exports peaked at 73 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of central heating boilers; excluding those of heading no. 8402s skyrocketed to $250K in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 190%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

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

1. Australia (31.0 units)
2. Samoa (4.0 units)
3. Papua New Guinea (2.0 units)
4. South Korea (1.0 units)

Source: IndexBox Market Intelligence Platform