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

Contents:

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

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

In 2022, the average import price for central heating boilers; excluding those of heading no. 8402s amounted to $608 per unit, with an increase of 87% against the previous year. In general, the import price saw a mild increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($1.3 thousand per unit), while the price for Malaysia ($67 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+41.4%), 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 Vietnam (FOB) - 2022

In 2022, the average export price for central heating boilers; excluding those of heading no. 8402s amounted to $147 per unit, falling by -34.6% against the previous year. In general, the export price faced a precipitous contraction. The pace of growth was the most pronounced in 2015 an increase of 18%. Over the period under review, the average export prices attained the peak figure at $2 thousand per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($192 per unit), while the average price for exports to Canada ($73 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 Canada (+43.3%), 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 Vietnam

In 2022, approx. 479 units of central heating boilers; excluding those of heading no. 8402s were imported into Vietnam; with a decrease of -84.6% against the year before. Overall, imports faced a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 5.6%. Imports peaked at 5K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of central heating boilers; excluding those of heading no. 8402s reduced remarkably to $291K in 2022. Over the period under review, imports showed a significant decline. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year. As a result, imports reached the peak of $1M, and then reduced markedly in the following year.

Import of Central Heating Boilers; Excluding Those of Heading No. 8402 in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia12918428618512.8%
Belgium1893.927.447.1-37.1%
Taiwan (Chinese)0.42.777.614.7232.5%
Norway82.058.688.510.0-50.4%
China15357.31479.1-61.0%
Croatia3.945.869.48.127.6%
Slovakia22.337.453.35.8-36.2%
South Korea9.611619.61.6-45.0%
Czech Republic13060.810.21.1-79.6%
Italy22.05.910.51.0-64.3%
France5.56.16.50.6-52.2%
Thailand72.915699.10.1-88.9%
Others11889.81156.7-61.6%
Total9388241,009291-32.3%

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

  1. Belgium (199.0 units)
  2. Indonesia (148.0 units)
  3. Norway (25.0 units)
  4. China (23.0 units)
  5. Taiwan (Chinese) (15.0 units)
  6. Slovakia (15.0 units)
  7. France (11.0 units)
  8. Croatia (11.0 units)
  9. South Korea (4.0 units)
  10. Italy (3.0 units)
  11. Czech Republic (2.0 units)
  12. Thailand (1.0 units)

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

In 2022, the amount of central heating boilers; excluding those of heading no. 8402s exported from Vietnam surged to 1K units, with an increase of 131% compared with 2021 figures. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 155%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of central heating boilers; excluding those of heading no. 8402s skyrocketed to $150K in 2022. In general, exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 103%. As a result, the exports attained the peak of $203K. 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 Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia63.158.251.338.6-15.1%
Canada0.20.10.229.5428.4%
Indonesia10.213.216.219.824.7%
United States0.230.90.110.9279.1%
Cote d'Ivoire3.627.12.69.538.2%
Lao People's Democratic Republic8.78.92.47.2-6.1%
United Kingdom0.629.79.85.2105.4%
Cambodia0.115.19.33.1214.1%
Others13.619.97.726.524.9%
Total10020399.515014.5%

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

  1. Canada (405.0 units)
  2. Australia (259.0 units)
  3. Indonesia (107.0 units)
  4. United States (62.0 units)
  5. Cote d'Ivoire (51.0 units)
  6. Lao People's Democratic Republic (39.0 units)
  7. United Kingdom (32.0 units)
  8. Cambodia (17.0 units)

Source: IndexBox Market Intelligence Platform

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