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

Contents:

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

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

In 2022, the average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $322 per unit, jumping by 17% against the previous year. In general, the import price, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2015 an increase of 42% against the previous year. As a result, import price reached the peak level of $436 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($415 per unit), while the price for Turkey ($232 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.0%), while the prices for the other major suppliers experienced a decline.

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

The average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $416 per unit in 2022, which is down by -34.2% against the previous year. Overall, the export price saw a slight decrease. The pace of growth appeared the most rapid in 2017 an increase of 91% against the previous year. Over the period under review, the average export prices hit record highs at $690 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($781 per unit), while the average price for exports to Bosnia and Herzegovina ($278 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 Bulgaria (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

After three years of growth, overseas purchases of heaters; instantaneous or storage water heaters, non-electric, other than gasses decreased by -36.9% to 47K units in 2022. Over the period under review, imports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 64%. As a result, imports attained the peak of 75K units, and then dropped significantly in the following year.

In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses declined sharply to $15M in 2022. In general, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +2.8% 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 +8.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 40%. As a result, imports attained the peak of $21M, and then dropped notably in the following year.

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

1. China (16.5K units)
2. Italy (7.7K units)
3. Bulgaria (7.2K units)
4. Turkey (5.8K units)
5. Germany (2.2K units)
6. Austria (1.9K units)
7. North Macedonia (1.8K units)
8. Greece (1.2K units)
9. Czech Republic (1.1K units)

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

After two years of decline, shipments abroad of heaters; instantaneous or storage water heaters, non-electric, other than gasses increased by 24% to 2.2K units in 2022. Overall, exports, however, showed a sharp downturn. Over the period under review, the exports of reached the peak figure at 14K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses contracted significantly to $895K in 2022. In general, exports, however, continue to indicate a sharp setback. The exports peaked at $8.2M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. Poland (559.0 units)
2. Austria (446.0 units)
3. Moldova (435.0 units)
4. Bulgaria (236.0 units)
5. Bosnia and Herzegovina (158.0 units)
6. Hungary (150.0 units)
7. Kosovo (38.0 units)
8. Germany (14.0 units)
9. France (5.0 units)
10. United Kingdom (1.0 units)

Source: IndexBox Market Intelligence Platform