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

Contents:

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

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

The average import price for central heating boilers; excluding those of heading no. 8402s stood at $2 thousand per unit in 2022, picking up by 2.3% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2020 an increase of 78%. The import price peaked at $3.6 thousand per unit in 2013; however, from 2014 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 Italy ($2.5 thousand per unit), while the price for Iran ($355 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-1.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for central heating boilers; excluding those of heading no. 8402s amounted to $2.4 thousand per unit, declining by -12.2% against the previous year. In general, the export price, however, continues to indicate a significant expansion. The pace of growth was the most pronounced in 2020 an increase of 367% against the previous year. The export price peaked at $2.8 thousand per unit in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($23 thousand per unit), while the average price for exports to Turkey ($128 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 (+56.1%), 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 Spain

Imports of central heating boilers; excluding those of heading no. 8402s into Spain fell modestly to 164K units in 2022, shrinking by -3.4% on 2021. Overall, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 2.8% against the previous year. Over the period under review, imports of reached the maximum at 308K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of central heating boilers; excluding those of heading no. 8402s shrank to $321M in 2022. The total import value increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 33%. As a result, imports reached the peak of $325M, and then fell modestly in the following year.

Import of Central Heating Boilers; Excluding Those of Heading No. 8402 in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy84.272.695.994.74.0%
Germany55.760.683.987.516.2%
France58.961.564.274.07.9%
Turkey29.826.833.224.8-5.9%
Portugal3.53.94.28.836.0%
Austria7.16.48.28.77.0%
Iran2.32.23.94.726.9%
Others13.99.531.117.78.4%
Total2552433253218.0%

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

  1. Germany (47.5K units)
  2. France (39.8K units)
  3. Italy (37.5K units)
  4. Iran (13.3K units)
  5. Turkey (10.4K units)
  6. Portugal (5.2K units)
  7. Austria (3.6K units)

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

In 2022, exports of central heating boilers; excluding those of heading no. 8402s from Spain surged to 17K units, picking up by 37% compared with the previous year. Overall, exports, however, showed a precipitous setback. Over the period under review, the exports of hit record highs at 54K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of central heating boilers; excluding those of heading no. 8402s surged to $42M in 2022. In general, exports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 54% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Central Heating Boilers; Excluding Those of Heading No. 8402 in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3.44.07.714.662.5%
Portugal9.19.811.39.72.2%
Italy2.42.02.63.07.7%
Turkey2.70.70.91.7-14.3%
Andorra1.11.21.41.35.7%
United StatesN/AN/AN/A1.20%
BeninN/AN/AN/AN/A0%
Others5.55.311.310.925.6%
Total24.223.035.342.320.5%

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

  1. Turkey (13.3K units)
  2. France (1.1K units)
  3. Portugal (1.0K units)
  4. United States (0.4K units)
  5. Italy (0.3K units)
  6. Andorra (0.1K units)

Source: IndexBox Market Intelligence Platform

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