Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Norway - 2024

Contents:

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

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

In 2022, the average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $979 per unit, picking up by 6.9% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 34%. As a result, import price reached the peak level of $1,252 per unit. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($3,751 per unit), while the price for China ($161 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.3%), 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 Norway (FOB) - 2022

In 2022, the average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $1,012 per unit, waning by -33.9% against the previous year. Over the period under review, the export price showed a noticeable slump. The pace of growth appeared the most rapid in 2013 when the average export price increased by 424% against the previous year. Over the period under review, the average export prices reached the maximum at $16,054 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($2,319 per unit), while the average price for exports to Spain ($565 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 Denmark (+10.3%), 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 Norway

In 2022, supplies from abroad of heaters; instantaneous or storage water heaters, non-electric, other than gasses was finally on the rise to reach 6.5K units after two years of decline. Overall, imports, however, continue to indicate a pronounced contraction. Over the period under review, imports of attained the maximum at 7.6K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses skyrocketed to $6.4M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +10.0% 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 +58.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Sweden (2269.0 units)
2. Italy (925.0 units)
3. Lithuania (611.0 units)
4. Denmark (467.0 units)
5. Poland (399.0 units)
6. Finland (335.0 units)
7. China (269.0 units)
8. Slovakia (265.0 units)
9. Netherlands (261.0 units)
10. Germany (255.0 units)
11. France (113.0 units)
12. United Kingdom (109.0 units)

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

Exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses from Norway contracted to 3K units in 2022, dropping by -6.6% compared with the previous year. Over the period under review, exports showed a perceptible contraction. The growth pace was the most rapid in 2021 when exports increased by 70%. Over the period under review, the exports of attained the peak figure at 3.5K 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 reduced remarkably to $3M in 2022. Overall, exports saw a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. The exports peaked at $7.8M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

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

1. United States (2202.0 units)
2. Spain (653.0 units)
3. Sweden (23.0 units)
4. Denmark (18.0 units)
5. Brazil (4.0 units)
6. Netherlands (3.0 units)

Source: IndexBox Market Intelligence Platform