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

Contents:

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

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

The average import price for central heating boilers; excluding those of heading no. 8402s stood at $208 per unit in 2022, growing by 7% against the previous year. Over the period under review, the import price, however, saw a noticeable downturn. The pace of growth appeared the most rapid in 2016 an increase of 94% against the previous year. Over the period under review, average import prices attained the peak figure at $901 per unit in 2018; however, from 2019 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 the United States ($328 per unit), while the price for Panama ($9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.8%), while the prices for the other major suppliers experienced a decline.

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

The average export price for central heating boilers; excluding those of heading no. 8402s stood at $316 per unit in 2022, declining by -20% against the previous year. Overall, the export price, however, recorded buoyant growth. The pace of growth was the most pronounced in 2019 an increase of 291% against the previous year. As a result, the export price reached the peak level of $411 per unit. From 2020 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Aruba.

From 2012 to 2022, the rate of growth in terms of prices for Aruba amounted to +17.5% per year.

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

In 2022, the amount of central heating boilers; excluding those of heading no. 8402s imported into Venezuela soared to 382 units, jumping by 50% on the previous year. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 332%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of central heating boilers; excluding those of heading no. 8402s surged to $79K in 2022. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 151% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Central Heating Boilers; Excluding Those of Heading No. 8402 in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain33.416.141.267.126.2%
Canada6.32.65.57.56.0%
United States1.00.21.02.026.0%
Portugal0.70.30.81.322.9%
Others1.20.51.11.57.7%
Total42.519.749.679.523.2%

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

  1. Spain (322.0 units)
  2. Canada (36.0 units)
  3. United States (6.0 units)
  4. Portugal (6.0 units)

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

In 2022, shipments abroad of central heating boilers; excluding those of heading no. 8402s decreased by 0% to 4 units, falling for the second consecutive year after two years of growth. Overall, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2020 when exports increased by 17%. As a result, the exports reached the peak of 7 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 dropped markedly to $1.3K in 2022. Over the period under review, exports showed a precipitous curtailment. The smallest decline of -20% was in 2020. Over the period under review, the exports of attained the maximum at $2.5K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Central Heating Boilers; Excluding Those of Heading No. 8402 in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArubaN/A2.01.61.3-19.4%
Oman2.5N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.52.01.61.3-19.6%

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

  1. Aruba (4.0 units)

Source: IndexBox Market Intelligence Platform

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