Price for Heaters; instantaneous or storage water heaters, non-electric, other than gas in the United Arab Emirates - 2022

Contents:

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

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

The average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $277 per unit in 2022, rising by 3.4% against the previous year. In general, the import price, however, recorded a pronounced reduction. The growth pace was the most rapid in 2013 an increase of 44%. The import price peaked at $573 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($550 per unit), while the price for China ($157 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.0%), 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 the United Arab Emirates (FOB) - 2022

The average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $276 per unit in 2022, picking up by 12% against the previous year. Overall, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses increased by +22.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 87%. The export price peaked at $391 per unit in 2013; however, from 2014 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 Sudan ($400 per unit), while the average price for exports to Bahrain ($31 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 France (+18.4%), 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 the United Arab Emirates

Imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses into the United Arab Emirates skyrocketed to 45K units in 2022, surging by 27% against the previous year. Overall, total imports indicated a modest expansion from 2019 to 2022: its volume increased at an average annual rate of +1.7% 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 +66.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses skyrocketed to $12M in 2022. Over the period under review, imports, however, continue to indicate a pronounced slump. Imports peaked at $14M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

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

1. Saudi Arabia (14.2K units)
2. Greece (11.4K units)
3. Italy (9.0K units)
4. China (4.2K units)
5. France (2.2K units)
6. Spain (1.1K units)
7. Turkey (0.7K units)
8. Germany (0.3K units)

Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in the United Arab Emirates

In 2022, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses from the United Arab Emirates surged to 17K units, with an increase of 164% compared with 2021 figures. In general, exports posted a significant increase. 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 skyrocketed to $4.8M in 2022. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Bahrain (4.0K units)
2. South Sudan (2.3K units)
3. South Korea (2.2K units)
4. Saudi Arabia (2.1K units)
5. France (1.6K units)
6. Sudan (1.0K units)
7. Oman (1.0K units)
8. Eritrea (0.7K units)
9. Qatar (0.7K units)
10. Democratic Republic of the Congo (0.2K units)
11. Kuwait (0.1K units)

Source: IndexBox Market Intelligence Platform