Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Austria - 2023
Contents:
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Austria (FOB) - 2023
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Austria (CIF) - 2023
- Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Austria
- Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Austria
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Austria (FOB) - 2023
In October 2023, the average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $519 per unit, picking up by 33% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Liechtenstein ($1,496 per unit), while the average price for exports to Switzerland amounted to $446 per unit.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Austria (CIF) - 2023
The average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $261 per unit in October 2023, with a decrease of -16.9% against the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 9.9% against the previous month. Over the period under review, average import prices attained the peak figure at $350 per unit in July 2023; however, from August 2023 to October 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Switzerland ($262 per unit), while the price for Bosnia and Herzegovina stood at $193 per unit.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Poland (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Austria
For the fourth consecutive year, Austria recorded growth in shipments abroad of heaters; instantaneous or storage water heaters, non-electric, other than gasses, which increased by 7.2% to 518K units in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 76%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses declined to $168M in 2022. In general, exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2021 when exports increased by 61% against the previous year. As a result, the exports attained the peak of $193M, and then shrank in the following year.
| Export of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 42.0 | 58.7 | 101 | 85.1 | 26.5% |
| Switzerland | 32.6 | 24.5 | 22.8 | 38.3 | 5.5% |
| France | 4.7 | 6.0 | 12.7 | 9.7 | 27.3% |
| Liechtenstein | N/A | 12.2 | 18.4 | 8.8 | -15.1% |
| Italy | 5.7 | 5.0 | 10.0 | 6.4 | 3.9% |
| Slovenia | 1.3 | 1.8 | 4.5 | 3.7 | 41.7% |
| Others | 13.2 | 12.0 | 24.2 | 15.8 | 6.2% |
| Total | 99.5 | 120 | 193 | 168 | 19.1% |
Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Austria in 2022:
- Germany (281.8K units)
- Switzerland (126.1K units)
- France (28.3K units)
- Italy (18.1K units)
- Slovenia (15.7K units)
- Liechtenstein (7.9K units)
Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Austria
For the fourth year in a row, Austria recorded growth in supplies from abroad of heaters; instantaneous or storage water heaters, non-electric, other than gasses, which increased by 24% to 475K units in 2022. In general, imports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 66% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses soared to $134M in 2022. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 41%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 37.8 | 43.9 | 60.1 | 69.1 | 22.3% |
| Switzerland | 13.2 | 14.5 | 20.0 | 28.0 | 28.5% |
| Poland | 8.5 | 9.1 | 13.1 | 14.4 | 19.2% |
| Italy | 5.8 | 7.0 | 10.4 | 12.2 | 28.1% |
| China | 2.9 | 1.4 | 3.2 | 2.1 | -10.2% |
| Others | 2.8 | 3.9 | 5.8 | 7.9 | 41.3% |
| Total | 71.0 | 79.8 | 113 | 134 | 23.6% |
Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Austria in 2022:
- Germany (224.6K units)
- Switzerland (126.5K units)
- Poland (56.1K units)
- Italy (43.6K units)
- China (4.3K units)
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