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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