Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Portugal - 2024
Contents:
- Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Portugal (FOB) - 2024
- Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Portugal (CIF) - 2024
- Exports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Portugal
- Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Portugal
Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Portugal (FOB) - 2024
In April 2024, the average export price for central heating boilers; excluding those of heading no. 8402s amounted to $3,257 per unit, growing by 3.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 15% against the previous month. Over the period under review, the average export prices reached the maximum at $3,401 per unit in December 2023; however, from January 2024 to April 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In April 2024, the country with the highest price was Germany ($1,098 per unit), while the average price for exports to Belgium ($691 per unit) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Portugal (CIF) - 2024
The average import price for central heating boilers; excluding those of heading no. 8402s stood at $2,133 per unit in April 2024, with an increase of 9.5% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2023 when the average import price increased by 39% month-to-month. As a result, import price attained the peak level of $2,514 per unit. From January 2024 to April 2024, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($1,001 per unit), while the price for the Netherlands ($339 per unit) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Turkey (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Portugal
In 2022, approx. 24K units of central heating boilers; excluding those of heading no. 8402s were exported from Portugal; picking up by 14% on the year before. Over the period under review, total exports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +4.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.3% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 40%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of central heating boilers; excluding those of heading no. 8402s surged to $70M in 2022. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 49%. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Central Heating Boilers; Excluding Those of Heading No. 8402 in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 19.1 | 19.2 | 31.0 | 37.3 | 25.0% |
Netherlands | 2.5 | 4.5 | 5.9 | 14.9 | 81.3% |
Spain | 3.4 | 3.1 | 3.7 | 6.7 | 25.4% |
Italy | 7.1 | 9.8 | 13.6 | 6.1 | -4.9% |
Belgium | N/A | N/A | 0.9 | 2.1 | 133.3% |
France | 0.1 | N/A | 0.2 | 0.8 | 100.0% |
Others | 3.0 | 2.3 | 2.7 | 1.9 | -14.1% |
Total | 35.2 | 38.9 | 57.9 | 69.9 | 25.7% |
Top Export Markets for Central Heating Boilers; Excluding Those of Heading No. 8402 from Portugal in 2022:
- United Kingdom (12.7K units)
- Netherlands (3.6K units)
- Spain (2.9K units)
- Italy (2.8K units)
- Belgium (1.0K units)
- France (0.4K units)
Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Portugal
In 2022, the amount of central heating boilers; excluding those of heading no. 8402s imported into Portugal reduced to 20K units, which is down by -10.6% on the previous year. Over the period under review, imports faced a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 6.7%. Imports peaked at 34K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of central heating boilers; excluding those of heading no. 8402s totaled $40M in 2022. The total import value increased at an average annual rate of +8.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
Import of Central Heating Boilers; Excluding Those of Heading No. 8402 in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 13.9 | 13.5 | 17.5 | 18.2 | 9.4% |
Italy | 5.3 | 4.5 | 6.8 | 7.5 | 12.3% |
Germany | 2.8 | 3.2 | 3.7 | 2.8 | 0.0% |
Bulgaria | 0.4 | 0.4 | 1.1 | 2.1 | 73.8% |
Netherlands | 0.9 | 0.6 | 1.2 | 1.8 | 26.0% |
United Kingdom | 1.3 | 0.9 | 3.0 | 1.6 | 7.2% |
Turkey | 2.4 | 1.3 | 1.7 | 1.5 | -14.5% |
Poland | 0.6 | 0.2 | 0.5 | 1.1 | 22.4% |
France | 1.8 | 1.3 | 0.9 | 0.7 | -27.0% |
Denmark | 0.4 | 0.9 | 0.4 | N/A | 0.0% |
Others | 1.7 | 1.9 | 1.7 | 2.3 | 10.6% |
Total | 31.4 | 28.6 | 38.7 | 39.6 | 8.0% |
Top Suppliers of Central Heating Boilers; Excluding Those of Heading No. 8402 to Portugal in 2022:
- Spain (8.6K units)
- Italy (3.7K units)
- Bulgaria (1.6K units)
- Turkey (1.3K units)
- Poland (1.1K units)
- Netherlands (1.0K units)
- Germany (1.0K units)
- United Kingdom (0.5K units)
- France (0.3K units)
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