Europe: Market for Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam 2024

Market Size for Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam in Europe

The Europe market for central heating boilers, for producing hot water or low pressure steam stood at $X in 2023, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level in 2023 and is expected to retain growth in years to come.

Production of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam in Europe

In value terms, production of central heating boilers, for producing hot water or low pressure steam dropped to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, production of reached the peak level at $X in 2022, and then reduced in the following year.

Exports of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam

Exports in Europe

In 2023, after two years of growth, there was significant decline in overseas shipments of central heating boilers, for producing hot water or low pressure steam, when their volume decreased by X% to X units. In general, exports saw a perceptible decline. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at X units in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, exports of central heating boilers, for producing hot water or low pressure steam fell markedly to $X in 2023. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The biggest shipments were from Austria (X units), Italy (X units), Germany (X units), Slovakia (X units), Poland (X units) and Ireland (X units), together recording X% of total export. The following exporters - the Netherlands (X units), Hungary (X units), Bosnia and Herzegovina (X units), the Czech Republic (X units), Russia (X units), Switzerland (X units) and France (X units) - together made up X% of total exports.

From 2012 to 2023, the biggest increases were recorded for Ireland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Austria ($X) and Italy ($X) were the countries with the highest levels of exports in 2023, together comprising X% of total exports. Slovakia, Poland, the Netherlands, Switzerland, France, the Czech Republic, Ireland, Hungary, Russia and Bosnia and Herzegovina lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Bosnia and Herzegovina, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Europe amounted to $X per unit, rising by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. 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 amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Germany ($X per unit), while Ireland ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Imports of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam

Imports in Europe

In 2023, after two years of growth, there was significant decline in overseas purchases of central heating boilers, for producing hot water or low pressure steam, when their volume decreased by X% to X units. In general, imports saw a noticeable downturn. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of import peaked at X units in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of central heating boilers, for producing hot water or low pressure steam contracted to $X in 2023. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports of failed to regain momentum.

Imports by Country

In 2023, Germany (X units), followed by Russia (X units), the UK (X units), Spain (X units), France (X units), Italy (X units), Romania (X units) and Austria (X units) represented the key importers of central heating boilers, for producing hot water or low pressure steam, together constituting X% of total imports. Poland (X units), Belgium (X units), the Czech Republic (X units), Slovakia (X units) and Ukraine (X units) held a minor share of total imports.

From 2012 to 2023, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported central heating boilers, for producing hot water or low pressure steam in Europe, comprising X% of total imports. The second position in the ranking was taken by the UK ($X), with a X% share of total imports. It was followed by Italy, with an X% share.

In Germany, imports of central heating boilers, for producing hot water or low pressure steam increased at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: the UK (X% per year) and Italy (X% per year).

Import Prices by Country

The import price in Europe stood at $X per unit in 2023, picking up by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. 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 importing countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform