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

Contents:

  1. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in the Netherlands (FOB) - 2023
  2. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in the Netherlands (CIF) - 2023
  3. Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in the Netherlands
  4. Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in the Netherlands

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in the Netherlands (FOB) - 2023

The average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $1,199 per unit in October 2023, increasing by 36% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.6%. 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 October 2023, the country with the highest price was the UK ($1,480 per unit), while the average price for exports to the United States ($841 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 Sweden (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in the Netherlands (CIF) - 2023

The average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $993 per unit in October 2023, increasing by 71% against the previous month. Over the period under review, import price indicated a moderate increase from October 2022 to October 2023: its price increased at an average monthly rate of +4.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses increased by +71.4% against September 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the UK ($1,568 per unit), while the price for China ($492 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 Turkey (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After two years of decline, overseas shipments of heaters; instantaneous or storage water heaters, non-electric, other than gasses increased by 24% to 86K units in 2022. In general, exports, however, saw a slight decrease. Over the period under review, the exports of attained the maximum at 88K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses reached $70M in 2022. The total export value increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. 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 the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France12.712.715.213.41.8%
United Kingdom12.210.811.112.1-0.3%
Belgium6.99.17.412.020.3%
Germany7.79.710.711.313.6%
Sweden4.34.75.16.615.4%
United States2.33.22.02.98.0%
Canada2.82.92.72.80.0%
Czech Republic0.60.91.02.458.7%
Italy0.40.30.40.720.5%
Others5.45.15.55.93.0%
Total55.359.461.269.98.1%

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

  1. Germany (17.5K units)
  2. Belgium (17.5K units)
  3. France (11.8K units)
  4. Sweden (11.4K units)
  5. United Kingdom (8.7K units)
  6. United States (3.6K units)
  7. Czech Republic (3.5K units)
  8. Canada (3.0K units)
  9. Italy (2.9K units)

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

Imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses into the Netherlands surged to 82K units in 2022, rising by 61% compared with the year before. In general, imports continue to indicate a strong expansion. 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 $46M in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached 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 the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9.36.19.615.618.8%
United KingdomN/A0.90.710.6243.2%
DenmarkN/AN/A4.36.960.5%
China1.42.34.06.264.2%
United States2.62.02.43.510.4%
Belgium4.63.53.40.4-55.7%
Others2.83.73.22.6-2.4%
Total20.718.527.645.830.3%

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

  1. Germany (31.1K units)
  2. Denmark (16.4K units)
  3. China (16.1K units)
  4. United Kingdom (8.3K units)
  5. United States (4.7K units)
  6. Belgium (0.8K units)

Source: IndexBox Market Intelligence Platform

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