Belgium - Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 18, 2024

Belgium - Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam - Market Analysis, Forecast, Size, Trends and Insights

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Price for Central Heating Boilers, for Producing Hot Water or Low Pressure Steam in Belgium - 2023

Contents:

  1. Price for Central Heating Boilers, for Producing Hot Water or Low Pressure Steam in Belgium (CIF) - 2023
  2. Price for Central Heating Boilers, for Producing Hot Water or Low Pressure Steam in Belgium (FOB) - 2022
  3. Imports of Central Heating Boilers, for Producing Hot Water or Low Pressure Steam in Belgium
  4. Exports of Central Heating Boilers, for Producing Hot Water or Low Pressure Steam in Belgium

Price for Central Heating Boilers, for Producing Hot Water or Low Pressure Steam in Belgium (CIF) - 2023

In October 2023, the average import price for central heating boilers, for producing hot water or low pressure steam amounted to $548 per unit, reducing by -44.1% against the previous month. In general, the import price showed a perceptible contraction. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 30% against the previous month. Over the period under review, average import prices reached the maximum at $1,062 per unit in March 2023; however, from April 2023 to October 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Switzerland ($789 per unit), while the price for Serbia ($480 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 Serbia (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Central Heating Boilers, for Producing Hot Water or Low Pressure Steam in Belgium (FOB) - 2022

In 2022, the average export price for central heating boilers, for producing hot water or low pressure steam amounted to $798 per unit, remaining constant against the previous year. In general, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2013 an increase of 33%. As a result, the export price reached the peak level of $2,130 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,111 per unit), while the average price for exports to Russia ($477 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 Jordan (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Central Heating Boilers, for Producing Hot Water or Low Pressure Steam in Belgium

For the fourth year in a row, Belgium recorded growth in supplies from abroad of central heating boilers, for producing hot water or low pressure steam, which increased by 0.4% to 268K units in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 593%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of central heating boilers, for producing hot water or low pressure steam expanded to $221M in 2022. The total import value increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Central Heating Boilers, for Producing Hot Water or Low Pressure Steam in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany121128152112-2.5%
Slovakia5.9N/AN/A49.2102.8%
Netherlands27.220.925.520.2-9.4%
Turkey18.218.917.215.7-4.8%
France6.15.26.37.15.2%
Italy3.33.33.54.510.9%
Serbia0.70.91.31.322.9%
Others3.02.65.610.953.7%
Total1861802112215.9%

Top Suppliers of Central Heating Boilers, for Producing Hot Water or Low Pressure Steam to Belgium in 2022:

  1. Germany (108.2K units)
  2. Slovakia (51.0K units)
  3. Turkey (28.3K units)
  4. Netherlands (23.1K units)
  5. Italy (22.5K units)
  6. France (13.3K units)
  7. Serbia (5.6K units)

Exports of Central Heating Boilers, for Producing Hot Water or Low Pressure Steam in Belgium

For the fourth consecutive year, Belgium recorded growth in overseas shipments of central heating boilers, for producing hot water or low pressure steam, which increased by 15% to 52K units in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 68% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of central heating boilers, for producing hot water or low pressure steam expanded notably to $41M in 2022. The total export value increased at an average annual rate of +12.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Central Heating Boilers, for Producing Hot Water or Low Pressure Steam in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.013.313.517.636.0%
TurkeyN/A0.30.25.7335.9%
France3.73.44.75.010.6%
Poland4.44.04.52.6-16.1%
United Kingdom3.41.83.42.4-11.0%
Netherlands1.91.72.02.25.0%
Spain3.12.62.71.6-19.8%
Luxembourg1.00.40.40.8-7.2%
Germany0.80.60.40.7-4.4%
Others3.62.24.52.8-8.0%
Total28.930.336.341.512.8%

Top Export Markets for Central Heating Boilers, for Producing Hot Water or Low Pressure Steam from Belgium in 2022:

  1. United States (15.9K units)
  2. Turkey (9.1K units)
  3. France (9.0K units)
  4. Netherlands (2.9K units)
  5. Poland (2.9K units)
  6. Spain (2.7K units)
  7. United Kingdom (2.4K units)
  8. Luxembourg (2.2K units)
  9. Germany (1.0K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for central heating boilers, for producing hot water or low pressure steam in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 25211200 - Boilers for central heating other than those of HS

Country coverage:

  • Belgium

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Belgium
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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