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

Contents:

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

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

The average import price for central heating boilers; excluding those of heading no. 8402s stood at $1.4 thousand per unit in 2022, reducing by -32% against the previous year. In general, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 23% against the previous year. Over the period under review, average import prices attained the peak figure at $8.3 thousand per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 the UK ($2.6 thousand per unit), while the price for Belgium ($125 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+36.9%), 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 Sri Lanka (FOB) - 2022

The average export price for central heating boilers; excluding those of heading no. 8402s stood at $246 per unit in 2022, increasing by 20% against the previous year. Over the period under review, the export price, however, showed a dramatic downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 2,274%. The export price peaked at $3.6 thousand per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($856 per unit), while the average price for exports to Slovakia ($4 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 Italy (+358.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

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 -57.5% to 137 units. In general, imports, however, posted a modest expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 93%. As a result, imports reached the peak of 322 units, and then reduced markedly in the following year.

In value terms, imports of central heating boilers; excluding those of heading no. 8402s shrank markedly to $187K in 2022. Over the period under review, imports continue to indicate a sharp decline. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year. As a result, imports reached the peak of $645K, and then shrank markedly in the following year.

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

1. Indonesia (47.0 units)
2. India (34.0 units)
3. Belgium (23.0 units)
4. Germany (6.0 units)
5. United Kingdom (4.0 units)
6. United States (3.0 units)
7. China (1.0 units)

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

In 2022, approx. 8 units of central heating boilers; excluding those of heading no. 8402s were exported from Sri Lanka; with an increase of 33% against the year before. Overall, exports, however, showed a abrupt decrease. Over the period under review, the exports of attained the peak figure at 10 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 soared to $2K in 2022. In general, exports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 146% against the previous year. The exports peaked at $3.7K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. Seychelles (1.0 units)
2. Bangladesh (1.0 units)
3. Finland (1.0 units)
4. United Kingdom (1.0 units)
5. Austria (1.0 units)
6. Maldives (1.0 units)
7. Slovakia (1.0 units)
8. Thailand (1.0 units)

Source: IndexBox Market Intelligence Platform