Southern Asia: 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 Southern Asia

The South Asian market for central heating boilers, for producing hot water or low pressure steam reached $X in 2022, stabilizing at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2018 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

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

In value terms, production of central heating boilers, for producing hot water or low pressure steam reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production of growth remained at a somewhat lower figure.

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

Exports in Southern Asia

In 2022, the amount of central heating boilers, for producing hot water or low pressure steam exported in Southern Asia reduced to X units, dropping by X% against the previous year. Over the period under review, exports, however, recorded a mild expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of central heating boilers, for producing hot water or low pressure steam shrank significantly to $X in 2022. Overall, exports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of central heating boilers, for producing hot water or low pressure steam, namely India, represented more than two-thirds of total export.

India 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. India (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In India, 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

The export price in Southern Asia stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the export price, however, recorded a measured increase. The pace of growth was the most pronounced in 2018 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the export prices remained at a lower figure.

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

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

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

Imports in Southern Asia

Imports of central heating boilers, for producing hot water or low pressure steam surged to X units in 2022, with an increase of X% on the previous year's figure. In general, imports, however, showed a mild decrease. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of central heating boilers, for producing hot water or low pressure steam surged to $X in 2022. Overall, imports posted resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Afghanistan was the major importing country with an import of around X units, which recorded X% of total imports. India (X units) took the second position in the ranking, followed by Bangladesh (X units). All these countries together took near X% share of total imports. Pakistan (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to central heating boilers, for producing hot water or low pressure steam imports into Afghanistan stood at X%. At the same time, India (X%) and Pakistan (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, Bangladesh (X%) illustrated a downward trend over the same period. While the share of Afghanistan (X p.p.) and India (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Bangladesh (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported central heating boilers, for producing hot water or low pressure steam in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Afghanistan ($X), with an X% share of total imports. It was followed by Bangladesh, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in India totaled X%. In the other countries, the average annual rates were as follows: Afghanistan (X% per year) and Bangladesh (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price showed a strong increase. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was India ($X per unit), while Afghanistan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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