Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Spain - 2023
Contents:
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Spain (CIF) - 2023
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Spain (FOB) - 2022
- Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Spain
- Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Spain
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Spain (CIF) - 2023
In October 2023, the average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $549 per unit, with an increase of 12% against the previous month. In general, the import price, however, continues to indicate a mild contraction. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 22% against the previous month. The import price peaked at $635 per unit in October 2022; however, from November 2022 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 the Netherlands ($1,009 per unit), while the price for Israel ($298 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 Turkey (+1.5%), 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 Spain (FOB) - 2022
The average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $557 per unit in 2022, with an increase of 14% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 15%. The export price peaked in 2022 and is likely to continue growth in the near future.
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 Germany ($693 per unit), while the average price for exports to Chile ($361 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 Germany (+4.0%), 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 Spain
Imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses into Spain fell modestly to 78K units in 2022, with a decrease of -2.6% against 2021. In general, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. Imports peaked at 104K 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 soared to $44M in 2022. Overall, imports saw a slight decline. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. Imports peaked at $46M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | 0.1 | 10.1 | 10000.0% |
| China | 21.4 | 9.3 | 12.2 | 9.1 | -24.8% |
| Germany | 5.4 | 6.9 | 5.5 | 5.1 | -1.9% |
| Italy | 4.7 | 3.6 | 4.6 | 4.2 | -3.7% |
| Portugal | 0.4 | 0.5 | 1.1 | 3.9 | 113.6% |
| Netherlands | 3.3 | 3.2 | 4.5 | 3.5 | 2.0% |
| Turkey | 2.9 | 2.2 | 3.1 | 2.4 | -6.1% |
| Israel | 2.2 | 1.8 | 1.9 | 1.7 | -8.2% |
| Bulgaria | 1.1 | 0.5 | 0.8 | 0.9 | -6.5% |
| Others | 4.1 | 2.2 | 3.6 | 2.9 | -10.9% |
| Total | 45.6 | 30.1 | 37.5 | 43.8 | -1.3% |
Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Spain in 2022:
- China (15.3K units)
- Germany (10.7K units)
- Italy (10.1K units)
- Turkey (8.5K units)
- United Kingdom (7.5K units)
- Portugal (7.4K units)
- Israel (4.7K units)
- Netherlands (3.9K units)
- Bulgaria (2.9K units)
Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Spain
In 2022, approx. 77K units of heaters; instantaneous or storage water heaters, non-electric, other than gasses were exported from Spain; surging by 6.7% on the previous year's figure. The total export volume increased at an average annual rate of +11.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 20%. Over the period under review, the exports of attained 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 $43M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 25%. 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 Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.6 | 6.5 | 9.4 | 10.9 | 33.3% |
| France | 2.8 | 3.2 | 4.7 | 9.2 | 48.7% |
| Portugal | 4.9 | 6.5 | 7.3 | 6.5 | 9.9% |
| Italy | 5.1 | 3.2 | 2.8 | 3.7 | -10.1% |
| Chile | 0.9 | 1.4 | 1.9 | 2.4 | 38.7% |
| Netherlands | 0.9 | 1.3 | 1.9 | 1.9 | 28.3% |
| Morocco | 1.1 | 0.7 | 1.4 | 1.5 | 10.9% |
| United Kingdom | 0.7 | 0.7 | 1.2 | 0.9 | 8.7% |
| United Arab Emirates | 0.7 | 0.6 | 0.5 | 0.5 | -10.6% |
| China | 1.8 | N/A | N/A | N/A | 0% |
| Others | 3.2 | 4.1 | 4.1 | 5.3 | 18.3% |
| Total | 26.7 | 28.2 | 35.1 | 42.9 | 17.1% |
Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Spain in 2022:
- Germany (15.7K units)
- Portugal (15.5K units)
- France (13.7K units)
- Italy (8.1K units)
- Chile (6.7K units)
- Morocco (3.9K units)
- Netherlands (3.0K units)
- United Arab Emirates (1.7K units)
- United Kingdom (1.2K units)
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