Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Estonia - 2023

Contents:

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

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

The average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $484 per unit in 2022, picking up by 34% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2015 when the average import price increased by 42% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

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 ($890 per unit), while the price for China ($300 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $1,876 per unit, increasing by 325% against the previous year. Over the period under review, the export price continues to indicate a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($38,456 per unit), while the average price for exports to Latvia ($455 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 Norway (+25.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses into Estonia skyrocketed to 2.5K units, picking up by 33% on 2021 figures. In general, total imports indicated a modest expansion from 2019 to 2022: its volume increased at an average annual rate of +1.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses surged to $1.2M in 2022. Overall, imports posted a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland15.427.8113295167.6%
Czech Republic1771602102339.6%
Sweden1.49.5N/A192415.7%
LatviaN/A1231151292.4%
LithuaniaN/A0.78.11171192.8%
Germany19540.925.993.4-21.8%
FranceN/A0.852.447.3668.9%
China54.419.14.222.8-25.2%
Austria27411198.417.4-60.1%
Italy13252.039.815.2-51.3%
Others72.521.320.258.4-7.0%
Total9225666861,2219.8%

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

  1. Poland (616.0 units)
  2. Czech Republic (605.0 units)
  3. Latvia (362.0 units)
  4. Sweden (318.0 units)
  5. Lithuania (164.0 units)
  6. France (123.0 units)
  7. Germany (105.0 units)
  8. China (76.0 units)
  9. Austria (32.0 units)
  10. Italy (28.0 units)

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

In 2022, shipments abroad of heaters; instantaneous or storage water heaters, non-electric, other than gasses was finally on the rise to reach 185 units for the first time since 2019, thus ending a two-year declining trend. In general, exports continue to indicate a remarkable increase. As a result, the exports reached 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 soared to $347K in 2022. Overall, exports showed significant growth. As a result, the exports reached 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 Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A1920%
NetherlandsN/AN/AN/A1470%
Russia2.6N/A0.53.611.5%
ChinaN/AN/AN/A2.30%
LatviaN/AN/A0.21.4600.0%
NorwayN/A9.8N/AN/A0%
Cuba13.9N/AN/AN/A0%
Belarus67.6N/AN/AN/A0%
Others1.10.41.9N/A31.4%
Total85.210.22.634759.7%

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

  1. Netherlands (171.0 units)
  2. India (5.0 units)
  3. China (3.0 units)
  4. Russia (3.0 units)
  5. Latvia (3.0 units)

Source: IndexBox Market Intelligence Platform

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