Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Luxembourg - 2023
Contents:
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Luxembourg (CIF) - 2023
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Luxembourg (FOB) - 2022
- Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Luxembourg
- Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Luxembourg
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Luxembourg (CIF) - 2023
In September 2023, the average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $857 per unit, growing by 8.6% against the previous month. Over the period from October 2022 to September 2023, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in November 2022 an increase of 59% m-o-m. The import price peaked at $1,150 per unit in June 2023; however, from July 2023 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($1,143 per unit), while the price for Austria ($438 per unit) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Belgium (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Luxembourg (FOB) - 2022
The average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $857 per unit in 2022, reducing by -7% against the previous year. Overall, the export price, however, enjoyed perceptible growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 92% against the previous year. Over the period under review, the average export prices hit record highs at $922 per unit in 2021, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($1,070 per unit), while the average price for exports to Germany ($698 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 France (+6.9%), 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 Luxembourg
In 2022, approx. 2.4K units of heaters; instantaneous or storage water heaters, non-electric, other than gasses were imported into Luxembourg; with a decrease of -69.8% against the year before. Over the period under review, imports saw a sharp contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. Over the period under review, imports of attained the peak figure at 9.4K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses fell dramatically to $2.1M in 2022. In general, imports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of $5.5M, and then dropped rapidly in the following year.
| Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.1 | 4.3 | 5.1 | 1.8 | -24.0% |
| Belgium | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| France | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
| Others | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Total | 4.7 | 4.6 | 5.5 | 2.1 | -23.6% |
Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Luxembourg in 2022:
- Germany (2016.0 units)
- Belgium (219.0 units)
- France (105.0 units)
Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Luxembourg
In 2022, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses from Luxembourg skyrocketed to 294 units, growing by 617% compared with the previous year. In general, exports saw a significant expansion. 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 $252K in 2022. Over the period under review, exports enjoyed a significant expansion. 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 Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 17.9 | 60.7 | 30.5 | 148 | 102.2% |
| France | 5.0 | N/A | 1.6 | 71.7 | 142.9% |
| Germany | 3.1 | 0.5 | 5.7 | 10.5 | 50.2% |
| Others | N/A | 11.1 | N/A | 21.4 | 38.8% |
| Total | 26.0 | 72.4 | 37.8 | 252 | 113.2% |
Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Luxembourg in 2022:
- Belgium (209.0 units)
- France (67.0 units)
- Germany (15.0 units)
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