Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in the UK - 2023
Contents:
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in the UK (FOB) - 2022
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in the UK (CIF) - 2022
- Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in the UK
- Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in the UK
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in the UK (FOB) - 2022
The average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $617 per unit in 2022, approximately mirroring the previous year. Overall, the export price, however, posted a notable expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 91%. The export price peaked at $816 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Russia ($617 per unit) and the United States ($617 per unit), while the average price for exports to China ($613 per unit) and Norway ($617 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+2.7%), 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 UK (CIF) - 2022
The average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $483 per unit in 2022, rising by 20% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2015 when the average import price increased by 42% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($484 per unit) and Denmark ($484 per unit), while the price for Austria ($483 per unit) and Italy ($484 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+2.5%), 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 UK
In 2022, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses from the UK surged to 190K units, growing by 867% against 2021. In general, exports recorded significant growth. 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 skyrocketed to $117M in 2022. Over the period under review, exports recorded a significant expansion. 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 the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.2 | 0.1 | 0.8 | 37.5 | 472.4% |
| Italy | N/A | 0.1 | 1.3 | 18.0 | 1241.6% |
| Sweden | N/A | N/A | 0.1 | 17.0 | 16900.0% |
| Germany | 0.3 | N/A | 0.1 | 12.4 | 245.8% |
| Spain | N/A | N/A | N/A | 11.3 | 0% |
| Netherlands | 0.8 | 0.7 | 1.1 | 8.4 | 119.0% |
| Ireland | 1.4 | 1.7 | 4.8 | 4.4 | 46.5% |
| United States | 1.8 | 1.3 | 0.6 | 1.9 | 1.8% |
| Russia | 1.9 | 2.0 | 0.9 | 0.5 | -35.9% |
| Others | 5.6 | 2.6 | 2.5 | 6.0 | 2.3% |
| Total | 12.0 | 8.5 | 12.2 | 117 | 113.6% |
Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from the UK in 2022:
- France (60.8K units)
- Italy (29.2K units)
- Sweden (27.5K units)
- Germany (20.0K units)
- Spain (18.2K units)
- Netherlands (13.6K units)
- Ireland (7.1K units)
- United States (3.1K units)
- Russia (0.8K units)
Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in the UK
In 2022, supplies from abroad of heaters; instantaneous or storage water heaters, non-electric, other than gasses decreased by -34.2% to 128K units, falling for the second year in a row after two years of growth. Over the period under review, imports saw a abrupt decrease. The growth pace was the most rapid in 2020 when imports increased by 31% against the previous year. As a result, imports attained the peak of 197K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses declined remarkably to $62M in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 33%. As a result, imports reached the peak of $83M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 24.0 | 18.7 | 25.1 | 16.0 | -12.6% |
| Netherlands | 14.4 | 11.7 | 10.4 | 10.4 | -10.3% |
| Portugal | 0.6 | 7.7 | 1.1 | 7.6 | 133.1% |
| United States | 7.6 | 6.5 | 6.8 | 7.0 | -2.7% |
| Hong Kong SAR | N/A | 19.4 | 15.6 | 4.7 | -50.8% |
| Germany | 1.5 | 1.4 | 3.4 | 4.6 | 45.3% |
| Italy | 5.9 | 3.3 | 3.3 | 4.3 | -10.0% |
| Finland | N/A | 6.9 | 3.6 | 0.7 | -68.1% |
| Others | 8.6 | 7.5 | 9.2 | 6.5 | -8.9% |
| Total | 62.5 | 83.1 | 78.4 | 61.8 | -0.4% |
Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to the UK in 2022:
- Denmark (33.1K units)
- Netherlands (21.4K units)
- Portugal (15.6K units)
- United States (14.5K units)
- Hong Kong SAR (9.7K units)
- Germany (9.6K units)
- Italy (9.0K units)
- Finland (1.5K units)
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