MENA: Market for Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam 2024

Market Size for Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam in MENA

In 2022, the MENA's market for central heating boilers, for producing hot water or low pressure steam decreased by X% to $X, falling for the fourth consecutive year after five years of growth. Over the period under review, consumption, however, showed temperate growth. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam in MENA

In value terms, production of central heating boilers, for producing hot water or low pressure steam dropped to $X in 2022 estimated in export price. Overall, production enjoyed buoyant growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam

Exports in MENA

Exports of central heating boilers, for producing hot water or low pressure steam shrank to X units in 2022, remaining relatively unchanged against 2021 figures. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X units, and then declined slightly in the following year.

In value terms, exports of central heating boilers, for producing hot water or low pressure steam shrank to $X in 2022. Total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

The biggest shipments were from Turkey (X units), together recording X% of total export.

Turkey was also the fastest-growing in terms of the central heating boilers, for producing hot water or low pressure steam exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) also remains the largest central heating boilers, for producing hot water or low pressure steam supplier in MENA.

In Turkey, exports of central heating boilers, for producing hot water or low pressure steam expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, waning by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then reduced slightly in the following year.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to X% per year.

Imports of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam

Imports in MENA

In 2022, approx. X units of central heating boilers, for producing hot water or low pressure steam were imported in MENA; with a decrease of X% on 2021 figures. Over the period under review, imports showed a noticeable decline. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of central heating boilers, for producing hot water or low pressure steam reduced to $X in 2022. Overall, imports saw a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X units) and Algeria (X units) represented roughly X% of total imports in 2022. Tunisia (X units) took the next position in the ranking, followed by Lebanon (X units) and Iraq (X units). All these countries together took approx. X% share of total imports. The following importers - Jordan (X units) and Morocco (X units) - each recorded a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Algeria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest central heating boilers, for producing hot water or low pressure steam importing markets in MENA were Turkey ($X), Algeria ($X) and Tunisia ($X), with a combined X% share of total imports. Iraq, Jordan, Morocco and Lebanon lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Iraq, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in MENA amounted to $X per unit, remaining constant against the previous year. Overall, the import price, however, recorded a mild descent. The pace of growth was the most pronounced in 2020 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Algeria ($X per unit), while Lebanon ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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