Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Serbia - 2024
Contents:
- Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Serbia (FOB) - 2022
- Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Serbia (CIF) - 2022
- Exports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Serbia
- Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Serbia
Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Serbia (FOB) - 2022
In 2022, the average export price for central heating boilers; excluding those of heading no. 8402s amounted to $260 per unit, dropping by -3.1% against the previous year. Overall, the export price recorded a deep reduction. The pace of growth appeared the most rapid in 2013 an increase of 27% against the previous year. As a result, the export price attained the peak level of $606 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were North Macedonia ($260 per unit) and Latvia ($260 per unit), while the average price for exports to Bulgaria ($260 per unit) and Slovenia ($260 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (-4.9%), while the prices for the other major destinations experienced a decline.
Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Serbia (CIF) - 2022
The average import price for central heating boilers; excluding those of heading no. 8402s stood at $13 thousand per unit in 2022, increasing by 7.9% against the previous year. Over the period under review, the import price continues to indicate significant growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 1,831%. Over the period under review, average import prices hit record highs at $22 thousand per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovenia ($13 thousand per unit), while the price for Greece ($8.4 thousand per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+42.0%), 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 Serbia
In 2022, approx. 161K units of central heating boilers; excluding those of heading no. 8402s were exported from Serbia; increasing by 17% against the previous year. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +18.6% 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 +66.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38%. 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.
In value terms, exports of central heating boilers; excluding those of heading no. 8402s expanded significantly to $42M in 2022. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 53%. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Central Heating Boilers; Excluding Those of Heading No. 8402 in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.2 | 1.8 | 4.5 | 8.4 | 91.3% |
| Romania | 4.1 | 6.5 | 9.7 | 7.0 | 19.5% |
| Austria | 2.8 | 2.9 | 3.2 | 5.5 | 25.2% |
| Italy | 3.0 | 2.9 | 3.8 | 4.6 | 15.3% |
| France | 0.1 | 0.3 | 0.3 | 2.1 | 175.9% |
| Croatia | 1.3 | 1.1 | 2.1 | 2.1 | 17.3% |
| Montenegro | 1.6 | 1.5 | 1.7 | 1.5 | -2.1% |
| Belgium | 0.7 | 0.9 | 1.4 | 1.5 | 28.9% |
| Latvia | 0.2 | 0.3 | 0.8 | 1.2 | 81.7% |
| Bosnia and Herzegovina | 1.9 | 1.3 | 2.2 | 1.2 | -14.2% |
| Bulgaria | 0.7 | 0.7 | 1.9 | 1.0 | 12.6% |
| North Macedonia | 2.2 | 1.8 | 2.0 | 0.9 | -25.8% |
| Slovenia | 0.6 | 0.6 | 0.8 | 0.9 | 14.5% |
| Others | 1.7 | 1.5 | 2.7 | 4.0 | 33.0% |
| Total | 22.2 | 24.1 | 36.9 | 41.9 | 23.6% |
Top Export Markets for Central Heating Boilers; Excluding Those of Heading No. 8402 from Serbia in 2022:
- Germany (32.4K units)
- Romania (26.7K units)
- Austria (21.0K units)
- Italy (17.6K units)
- Croatia (8.2K units)
- France (8.1K units)
- Montenegro (5.9K units)
- Belgium (5.7K units)
- Bosnia and Herzegovina (4.8K units)
- Latvia (4.6K units)
- Bulgaria (3.7K units)
- Slovenia (3.6K units)
- North Macedonia (3.3K units)
Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Serbia
In 2022, after three years of growth, there was significant decline in overseas purchases of central heating boilers; excluding those of heading no. 8402s, when their volume decreased by -22.8% to 2.1K units. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 59% against the previous year. Imports peaked at 2.7K units in 2021, and then fell significantly in the following year.
In value terms, imports of central heating boilers; excluding those of heading no. 8402s fell rapidly to $27M in 2022. The total import value increased at an average annual rate of +5.6% over the period 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 when imports increased by 39% against the previous year. As a result, imports attained the peak of $32M, and then contracted significantly in the following year.
| Import of Central Heating Boilers; Excluding Those of Heading No. 8402 in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3.1 | 3.7 | 7.1 | 5.2 | 18.8% |
| Germany | 2.0 | 1.6 | 2.3 | 4.7 | 33.0% |
| Turkey | 2.2 | 2.9 | 4.7 | 3.7 | 18.9% |
| Austria | 1.7 | 2.4 | 3.1 | 3.1 | 22.2% |
| Slovakia | 2.0 | 2.1 | 3.3 | 2.9 | 13.2% |
| Bosnia and Herzegovina | 2.6 | 2.9 | 4.5 | 1.8 | -11.5% |
| Croatia | 2.2 | 1.9 | 2.1 | 1.6 | -10.1% |
| Switzerland | 0.4 | 0.3 | 0.5 | 0.8 | 26.0% |
| Czech Republic | 0.9 | 0.8 | 0.3 | 0.6 | -12.6% |
| Netherlands | 0.7 | 0.5 | 1.0 | 0.4 | -17.0% |
| Slovenia | 0.5 | 0.6 | 0.3 | 0.4 | -7.2% |
| Bulgaria | 1.1 | 1.2 | 1.3 | 0.2 | -43.3% |
| Lithuania | 2.5 | 1.3 | N/A | N/A | -48.0% |
| Others | 0.8 | 1.0 | 1.4 | 1.2 | 14.5% |
| Total | 22.7 | 23.1 | 32.1 | 26.7 | 5.6% |
Top Suppliers of Central Heating Boilers; Excluding Those of Heading No. 8402 to Serbia in 2022:
- Italy (405.0 units)
- Germany (368.0 units)
- Turkey (291.0 units)
- Austria (246.0 units)
- Slovakia (229.0 units)
- Bosnia and Herzegovina (143.0 units)
- Croatia (128.0 units)
- Switzerland (62.0 units)
- Czech Republic (47.0 units)
- Netherlands (34.0 units)
- Slovenia (33.0 units)
- Bulgaria (17.0 units)
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