Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Germany - 2023
Contents:
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Germany (CIF) - 2023
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Germany (FOB) - 2023
- Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Germany
- Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Germany
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Germany (CIF) - 2023
The average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $587 per unit in October 2023, with an increase of 22% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +3.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($1,862 per unit), while the price for Serbia ($329 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (+5.8%), 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 Germany (FOB) - 2023
In October 2023, the average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $759 per unit, rising by 16% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.7%. The most prominent rate of growth was recorded in July 2023 an increase of 19% against the previous month. The export price peaked in October 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($1,924 per unit), while the average price for exports to Mexico ($168 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.1%), 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 Germany
After three years of growth, supplies from abroad of heaters; instantaneous or storage water heaters, non-electric, other than gasses decreased by -17.8% to 843K units in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.2% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. As a result, imports reached the peak of 1M units, and then reduced rapidly in the following year.
In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses shrank to $327M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 34% against the previous year. As a result, imports reached the peak of $352M, and then contracted in the following year.
| Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 47.5 | 59.0 | 72.5 | 84.3 | 21.1% |
| Austria | 23.1 | 42.0 | 65.8 | 76.6 | 49.1% |
| Italy | 12.6 | 18.0 | 26.1 | 34.9 | 40.4% |
| France | 77.1 | 65.6 | 84.7 | 32.0 | -25.4% |
| Switzerland | 21.6 | 28.3 | 33.5 | 30.9 | 12.7% |
| Bulgaria | 7.5 | 5.9 | 10.1 | 13.7 | 22.2% |
| China | 11.8 | 11.2 | 19.7 | 7.4 | -14.4% |
| Others | 28.3 | 32.5 | 39.8 | 46.8 | 18.3% |
| Total | 230 | 263 | 352 | 327 | 12.4% |
Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Germany in 2022:
- Poland (253.2K units)
- Austria (191.7K units)
- France (96.3K units)
- Italy (92.1K units)
- Switzerland (70.9K units)
- Bulgaria (53.4K units)
- China (19.6K units)
Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Germany
For the fourth year in a row, Germany recorded growth in overseas shipments of heaters; instantaneous or storage water heaters, non-electric, other than gasses, which increased by 6.8% to 557K units in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +16.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 35% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses rose slightly to $268M in 2022. The total export value increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 16% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 32.7 | 36.0 | 44.6 | 43.0 | 9.6% |
| Austria | 24.1 | 26.5 | 33.0 | 39.1 | 17.5% |
| Slovakia | 14.9 | 15.2 | 16.7 | 31.4 | 28.2% |
| Netherlands | 16.3 | 14.7 | 15.1 | 23.3 | 12.6% |
| Belgium | 18.4 | 20.6 | 20.4 | 21.2 | 4.8% |
| Italy | 15.1 | 14.6 | 26.5 | 19.4 | 8.7% |
| Poland | 10.4 | 9.5 | 14.0 | 16.1 | 15.7% |
| France | 13.0 | 13.9 | 13.7 | 14.3 | 3.2% |
| Sweden | 3.0 | 3.2 | 3.7 | 7.8 | 37.5% |
| Spain | 9.4 | 10.5 | 9.8 | 6.2 | -13.0% |
| Czech Republic | 2.8 | 3.0 | 3.8 | 5.3 | 23.7% |
| Portugal | 5.5 | 5.5 | 6.2 | 4.0 | -10.1% |
| Turkey | 1.3 | 1.9 | 1.6 | 2.9 | 30.7% |
| Others | 46.2 | 49.9 | 53.0 | 34.1 | -9.6% |
| Total | 213 | 225 | 262 | 268 | 8.0% |
Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Germany in 2022:
- Slovakia (103.0K units)
- Switzerland (81.6K units)
- Austria (78.1K units)
- Belgium (43.1K units)
- Netherlands (40.5K units)
- Italy (36.6K units)
- Poland (35.4K units)
- France (25.6K units)
- Sweden (13.8K units)
- Spain (13.3K units)
- Czech Republic (11.0K units)
- Turkey (8.8K units)
- Portugal (8.5K units)
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