Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Thailand - 2024
Contents:
- Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Thailand (CIF) - 2022
- Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Thailand (FOB) - 2022
- Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Thailand
- Exports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Thailand
Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Thailand (CIF) - 2022
The average import price for central heating boilers; excluding those of heading no. 8402s stood at $518 per unit in 2022, picking up by 12% against the previous year. In general, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for central heating boilers; excluding those of heading no. 8402s increased by +114.6% against 2018 indices. The growth pace was the most rapid in 2020 an increase of 31% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
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 Belgium ($3.2 thousand per unit), while the price for Germany ($223 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+27.5%), 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 Thailand (FOB) - 2022
The average export price for central heating boilers; excluding those of heading no. 8402s stood at $380 per unit in 2022, jumping by 998% against the previous year. Overall, the export price saw a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($1.9 thousand per unit), while the average price for exports to Cambodia ($32 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 New Zealand (+66.2%), 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 Thailand
After three years of growth, overseas purchases of central heating boilers; excluding those of heading no. 8402s decreased by -52.9% to 8.9K units in 2022. In general, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, imports attained the peak of 19K units, and then fell sharply in the following year.
In value terms, imports of central heating boilers; excluding those of heading no. 8402s dropped notably to $4.6M in 2022. Over the period under review, imports, however, saw moderate growth. The pace of growth appeared the most rapid in 2021 when imports increased by 47%. As a result, imports attained the peak of $8.8M, and then declined notably in the following year.
| Import of Central Heating Boilers; Excluding Those of Heading No. 8402 in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 744 | 3,887 | 3,862 | 1,932 | 37.4% |
| India | 148 | 101 | 1,629 | 977 | 87.6% |
| Germany | 199 | 483 | 1,903 | 962 | 69.1% |
| Taiwan (Chinese) | 231 | 111 | 456 | 283 | 7.0% |
| Japan | 341 | 513 | 642 | 78.9 | -38.6% |
| Italy | 181 | 219 | 45.3 | 49.8 | -35.0% |
| Malaysia | 2,315 | 285 | 78.8 | 1.4 | -91.5% |
| Others | 32.4 | 349 | 137 | 353 | 121.7% |
| Total | 4,191 | 5,948 | 8,753 | 4,637 | 3.4% |
Top Suppliers of Central Heating Boilers; Excluding Those of Heading No. 8402 to Thailand in 2022:
- Germany (4.3K units)
- China (2.8K units)
- India (1.2K units)
- Taiwan (Chinese) (0.2K units)
- Italy (0.1K units)
Exports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Thailand
In 2022, overseas shipments of central heating boilers; excluding those of heading no. 8402s decreased by -98.9% to 117 units, falling for the second year in a row after two years of growth. Overall, exports faced a sharp setback. The most prominent rate of growth was recorded in 2020 with an increase of 79% against the previous year. As a result, the exports attained the peak of 39K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of central heating boilers; excluding those of heading no. 8402s contracted notably to $44K in 2022. Over the period under review, exports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 272% against the previous year. As a result, the exports attained the peak of $4.4M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Central Heating Boilers; Excluding Those of Heading No. 8402 in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 373 | 172 | N/A | 6.3 | -74.3% |
| Maldives | 0.9 | N/A | N/A | 3.3 | 54.2% |
| New Zealand | 1.4 | 1.7 | N/A | 2.6 | 22.9% |
| Myanmar | 122 | N/A | 46.4 | 2.3 | -73.4% |
| Vietnam | 227 | 469 | N/A | 2.2 | -78.7% |
| Lao People's Democratic Republic | 9.2 | 3.9 | 1.2 | 1.1 | -50.7% |
| Cambodia | 11.1 | N/A | N/A | 0.3 | -70.0% |
| Poland | 105 | 921 | 231 | N/A | 48.3% |
| Denmark | 304 | 187 | 63.9 | N/A | -54.2% |
| Others | 27.4 | 2,633 | 15.1 | 26.3 | -1.4% |
| Total | 1,180 | 4,388 | 358 | 44.4 | -66.5% |
Top Export Markets for Central Heating Boilers; Excluding Those of Heading No. 8402 from Thailand in 2022:
- Maldives (36.0 units)
- Myanmar (31.0 units)
- Vietnam (11.0 units)
- New Zealand (10.0 units)
- Cambodia (8.0 units)
- Indonesia (6.0 units)
- Lao People's Democratic Republic (5.0 units)
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