Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Russia - 2022

Contents:

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

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

The average import price for central heating boilers; excluding those of heading no. 8402s stood at $318 thousand per unit in 2022, dropping by -45.5% against the previous year. Over the period under review, the import price saw a abrupt slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 69%. Over the period under review, average import prices hit record highs at $809 thousand per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($707 thousand per unit), while the price for Kazakhstan ($138 thousand per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+22.4%), 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 Russia (FOB) - 2022

In 2022, the average export price for central heating boilers; excluding those of heading no. 8402s amounted to $683 per unit, reducing by -37.6% against the previous year. Over the period under review, the export price saw a significant contraction. The pace of growth was the most pronounced in 2014 when the average export price increased by 26%. Over the period under review, the average export prices attained the maximum at $24 thousand per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($921 per unit), while the average price for exports to Poland ($195 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 Netherlands (+16.1%), while the prices for the other major destinations experienced a decline.

Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Russia

In 2022, the amount of central heating boilers; excluding those of heading no. 8402s imported into Russia soared to 900 units, rising by 48% compared with the previous year's figure. In general, imports enjoyed significant growth. 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 fell remarkably to $286M in 2022. The total import value increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 35%. As a result, imports attained the peak of $355M, and then shrank markedly in the following year.

Import of Central Heating Boilers; Excluding Those of Heading No. 8402 in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy70.266.274.998.011.8%
South Korea37.035.245.240.32.9%
Turkey32.834.241.538.35.3%
China9.89.317.134.552.1%
Kazakhstan0.91.72.123.6197.1%
Germany36.035.737.516.1-23.5%
Slovakia40.438.140.513.0-31.5%
Belarus8.714.869.4N/A182.4%
Others39.128.626.922.5-16.8%
Total2752643552861.3%

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

  1. Italy (294.0 units)
  2. Kazakhstan (171.0 units)
  3. Turkey (115.0 units)
  4. China (103.0 units)
  5. South Korea (57.0 units)
  6. Germany (48.0 units)
  7. Slovakia (39.0 units)

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

Exports of central heating boilers; excluding those of heading no. 8402s from Russia stood at 45K units in 2022, with an increase of 1.8% on the year before. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.8% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 35%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of central heating boilers; excluding those of heading no. 8402s fell remarkably to $31M in 2022. In general, exports, however, recorded a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 29% against the previous year. As a result, the exports reached the peak of $48M, and then declined notably in the following year.

Export of Central Heating Boilers; Excluding Those of Heading No. 8402 in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan15.819.729.820.59.1%
Uzbekistan1.61.52.33.631.0%
TurkeyN/A0.20.11.3155.0%
Kyrgyzstan1.80.61.51.3-10.3%
Mongolia0.80.61.01.07.7%
Poland0.2N/A0.20.426.0%
NetherlandsN/A1.21.40.2-59.2%
China15.84.60.20.1-81.5%
Belarus5.75.17.6N/A15.5%
Others2.33.94.32.30.0%
Total44.037.448.430.7-11.3%

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

  1. Kazakhstan (25.8K units)
  2. Turkey (6.9K units)
  3. Uzbekistan (4.6K units)
  4. Poland (2.1K units)
  5. Kyrgyzstan (1.6K units)
  6. Mongolia (1.2K units)
  7. Netherlands (0.6K units)
  8. China (0.1K units)

Source: IndexBox Market Intelligence Platform

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