Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Belarus - 2022

Contents:

  1. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Belarus (FOB) - 2022
  2. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Belarus (CIF) - 2022
  3. Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Belarus
  4. Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Belarus

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Belarus (FOB) - 2022

The average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $310 per unit in March 2022, reducing by -47.6% against the previous month. Over the period under review, the export price showed a sharp contraction. As a result, the export price attained the peak level of $592 per unit, and then declined remarkably in the following month.

There were significant differences in the average prices for the major foreign markets. In March 2022, the country with the highest price was Romania ($671 per unit), while the average price for exports to Russia ($292 per unit) was amongst the lowest.

From February 2022 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (0.0%), while the prices for the other major destinations experienced a decline.

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Belarus (CIF) - 2022

In 2022, the average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $232 per unit, falling by -32% against the previous year. Overall, the import price saw a deep slump. The pace of growth was the most pronounced in 2019 an increase of 20% against the previous year. Over the period under review, average import prices attained the maximum at $774 per unit in 2012; however, from 2013 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 Germany ($415 per unit), while the price for Hungary ($142 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (-6.0%), while the prices for the other major suppliers experienced a decline.

Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Belarus

Exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses from Belarus surged to 11K units in 2022, rising by 116% against the previous year. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses surged to $3.7M in 2022. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia6749741,4073,45672.4%
Kazakhstan51.156.037.911631.4%
Azerbaijan4.121.621.753.2135.0%
Others33.662.235686.437.0%
Total7631,1141,8223,71269.4%

Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Belarus in 2022:

  1. Russia (10.1K units)
  2. Kazakhstan (0.4K units)
  3. Azerbaijan (0.2K units)

Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Belarus

Imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses into Belarus expanded notably to 14K units in 2022, growing by 15% on 2021. The total import volume increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 43% against the previous year. As a result, imports attained the peak of 16K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses contracted markedly to $3.2M in 2022. Over the period under review, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 31%. As a result, imports attained the peak of $5.5M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland9441,3391,045713-8.9%
Germany1,0711,561508672-14.4%
Czech Republic4197858495549.8%
China316415443289-2.9%
Hungary311444429280-3.4%
Russia1674072471761.8%
United States510113158167-31.1%
Bulgaria49.215021614142.0%
Turkey23356.173.177.5-30.7%
Lithuania1151174.850.6-23.9%
Others71.210414188.57.5%
Total4,2065,4914,1143,209-8.6%

Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Belarus in 2022:

  1. Poland (3.8K units)
  2. Czech Republic (2.3K units)
  3. Hungary (2.0K units)
  4. China (1.6K units)
  5. Germany (1.6K units)
  6. Russia (0.8K units)
  7. Bulgaria (0.8K units)
  8. United States (0.3K units)
  9. Turkey (0.2K units)
  10. Lithuania (0.2K units)

Source: IndexBox Market Intelligence Platform

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