Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Portugal - 2023
Contents:
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Portugal (FOB) - 2023
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Portugal (CIF) - 2023
- Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Portugal
- Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Portugal
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Portugal (FOB) - 2023
In October 2023, the average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $670 per unit, surging by 2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in January 2023 an increase of 7.5% against the previous month. The export price peaked in October 2023.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Sweden ($1,107 per unit), while the average price for exports to Chile ($432 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 Canada (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Portugal (CIF) - 2023
The average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $434 per unit in October 2023, declining by -12.1% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 26% month-to-month. As a result, import price attained the peak level of $654 per unit. From March 2023 to October 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was China ($579 per unit), while the price for Poland ($205 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 (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Portugal
In 2022, the amount of heaters; instantaneous or storage water heaters, non-electric, other than gasses exported from Portugal skyrocketed to 68K units, surging by 52% on 2021 figures. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 875% 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 years to come.
In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses soared to $35M in 2022. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 720% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | N/A | N/A | 5.8 | 9.6 | 65.5% |
| United Kingdom | N/A | N/A | 6.8 | 7.7 | 13.2% |
| Poland | N/A | N/A | 2.5 | 7.1 | 184.0% |
| Netherlands | N/A | N/A | 1.4 | 2.7 | 92.9% |
| Spain | 0.5 | 0.4 | 1.8 | 2.1 | 61.3% |
| Morocco | 0.2 | 1.8 | 1.8 | 1.9 | 111.8% |
| Sweden | N/A | N/A | 0.6 | 1.1 | 83.3% |
| Canada | N/A | N/A | 0.3 | 0.7 | 133.3% |
| Others | 1.0 | 0.7 | 2.2 | 2.6 | 37.5% |
| Total | 1.8 | 2.8 | 23.1 | 35.4 | 169.9% |
Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Portugal in 2022:
- United Kingdom (18.0K units)
- Ireland (16.6K units)
- Poland (12.4K units)
- Netherlands (4.8K units)
- Morocco (3.7K units)
- Spain (3.4K units)
- Canada (1.9K units)
- Sweden (1.3K units)
Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Portugal
Imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses into Portugal contracted remarkably to 32K units in 2022, reducing by -29% against the previous year. Over the period under review, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 22%. As a result, imports attained the peak of 44K units, and then reduced rapidly in the following year.
In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses fell sharply to $15M in 2022. In general, imports recorded a mild contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of $19M, and then shrank rapidly in the following year.
| Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.8 | 4.9 | 5.7 | 3.7 | -8.3% |
| Spain | 3.5 | 3.9 | 3.9 | 3.3 | -1.9% |
| Italy | 0.9 | 1.2 | 1.7 | 2.1 | 32.6% |
| Bulgaria | 1.4 | 1.2 | 1.6 | 1.8 | 8.7% |
| Austria | 1.4 | 1.8 | 2.2 | 1.0 | -10.6% |
| Poland | 0.6 | 0.5 | 0.5 | 0.5 | -5.9% |
| Turkey | 0.2 | 0.3 | 0.3 | 0.4 | 26.0% |
| France | 0.5 | 0.4 | 0.4 | 0.3 | -15.7% |
| Greece | 1.8 | 1.4 | 2.1 | 0.1 | -61.8% |
| Others | 0.5 | 0.2 | 0.4 | 1.8 | 53.3% |
| Total | 15.6 | 15.8 | 18.9 | 14.9 | -1.5% |
Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Portugal in 2022:
- Germany (7.9K units)
- Spain (6.7K units)
- Bulgaria (5.2K units)
- Italy (3.7K units)
- Austria (2.3K units)
- Poland (1.7K units)
- Turkey (1.2K units)
- France (0.5K units)
- Greece (0.2K units)
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