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

Contents:

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

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

The average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $302 per unit in 2022, growing by 8.5% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 34%. Over the period under review, average import prices attained the maximum at $322 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($8,976 per unit), while the price for Israel ($103 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+44.1%), 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 Australia (FOB) - 2022

The average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $91 per unit in 2022, dropping by -63.7% against the previous year. Overall, the export price continues to indicate a perceptible descent. The pace of growth appeared the most rapid in 2013 when the average export price increased by 41% against the previous year. Over the period under review, the average export prices hit record highs at $270 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was New Caledonia ($512 per unit), while the average price for exports to New Zealand ($106 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 Botswana (+27.7%), 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 Australia

In 2022, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses into Australia reduced dramatically to 20K units, with a decrease of -54.4% against the year before. Overall, imports showed a sharp descent. The pace of growth was the most pronounced in 2021 when imports increased by 2%. Over the period under review, imports of reached the peak figure at 54K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses shrank notably to $6M in 2022. In general, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. As a result, imports reached the peak of $12M, and then plummeted in the following year.

Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.13.74.11.9-28.0%
Italy0.70.50.51.219.7%
United States0.50.81.31.130.1%
Israel3.92.84.70.7-43.6%
Netherlands0.10.50.60.458.7%
Turkey0.50.20.4N/A-10.6%
Others0.90.40.60.7-8.0%
Total11.78.912.26.0-20.0%

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

  1. China (8.8K units)
  2. Israel (6.6K units)
  3. Netherlands (2.3K units)
  4. United States (1.1K units)
  5. Italy (0.5K units)

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

Exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses from Australia surged to 14K units in 2022, with an increase of 185% against the previous year's figure. In general, exports enjoyed a significant expansion. 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 expanded slightly to $1.3M in 2022. The total export value increased at an average annual rate of +3.2% from 2021 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. 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 Australia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
New Zealand78.974.5-5.6%
United Arab Emirates23.565.2177.4%
New CaledoniaN/A28.70%
Spain149N/A0%
Namibia104N/A0%
Morocco51.4N/A0%
United States208N/A0%
France44.6N/A0%
Papua New Guinea116N/A0%
Tanzania20.1N/A0%
Singapore31.5N/A0%
Portugal38.0N/A0%
Others3741,111197.1%
Total1,2391,2793.2%

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

  1. New Zealand (0.7K units)
  2. United Arab Emirates (0.3K units)
  3. New Caledonia (0.1K units)

Source: IndexBox Market Intelligence Platform

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