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

Contents:

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

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

The average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $1,250 per unit in October 2023, with an increase of 19% against the previous month. In general, import price indicated a noticeable increase from October 2022 to October 2023: its price increased at an average monthly rate of +4.8% over the last twelve months. 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 +63.5% against May 2023 indices. The pace of growth appeared the most rapid in December 2022 an increase of 34% m-o-m. Over the period under review, average import prices hit record highs in October 2023.

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 ($1,687 per unit), while the price for Switzerland ($486 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 Austria (+5.4%), 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 France (FOB) - 2023

The average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $680 per unit in October 2023, rising by 62% against the previous month. Overall, export price indicated buoyant growth from October 2022 to October 2023: its price increased at an average monthly rate of +6.3% 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, export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses increased by +61.8% against September 2023 indices. 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 export markets. In October 2023, the country with the highest price was New Caledonia ($1,153 per unit), while the average price for exports to Senegal ($179 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 Spain (+5.9%), 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 France

In 2022, the amount of heaters; instantaneous or storage water heaters, non-electric, other than gasses imported into France rose rapidly to 195K units, picking up by 8.9% against 2021. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +7.5% 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 +53.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses skyrocketed to $127M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained 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 France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom0.30.20.138.8405.7%
Italy8.87.915.219.229.7%
Netherlands11.311.414.312.53.4%
Greece6.28.914.711.422.5%
Sweden11.817.710.610.7-3.2%
Germany8.47.69.59.33.5%
Austria1.72.73.26.455.6%
Denmark4.45.63.85.25.7%
China3.02.83.42.2-9.8%
Spain1.61.62.62.211.2%
Others7.26.69.88.66.1%
Total64.873.087.112725.1%

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

  1. Italy (38.8K units)
  2. United Kingdom (29.9K units)
  3. Greece (29.0K units)
  4. Denmark (20.8K units)
  5. Germany (18.1K units)
  6. Austria (15.8K units)
  7. Netherlands (11.1K units)
  8. Sweden (8.7K units)
  9. Spain (4.0K units)
  10. China (3.6K units)

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

In 2022, overseas shipments of heaters; instantaneous or storage water heaters, non-electric, other than gasses decreased by -62.1% to 187K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 90% against the previous year. Over the period under review, the exports of attained the maximum at 494K units in 2021, and then fell markedly in the following year.

In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses contracted significantly to $65M in 2022. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 19% against the previous year. The exports peaked at $143M in 2021, and then fell sharply in the following year.

Export of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany74.099.510333.4-23.3%
Poland7.37.89.87.61.4%
Italy5.95.07.94.9-6.0%
Belgium4.34.55.24.1-1.6%
Spain4.33.92.92.8-13.3%
Netherlands2.42.32.72.74.0%
Austria1.41.22.31.76.7%
Others10.06.78.87.3-10.0%
Total11013114364.6-16.3%

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

  1. Germany (105.0K units)
  2. Poland (23.1K units)
  3. Italy (11.6K units)
  4. Belgium (11.2K units)
  5. Netherlands (6.4K units)
  6. Spain (6.4K units)
  7. Austria (5.3K units)

Source: IndexBox Market Intelligence Platform

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