Australia: Boiler Parts Market 2025

Boiler Parts Market Size in Australia

In 2021, the Australian boiler parts market decreased by -7.2% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption saw a perceptible contraction. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Boiler Parts Production in Australia

In value terms, boiler parts production declined to $X in 2021 estimated in export price. Overall, production continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2014 with an increase of 32% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Boiler Parts Exports

Exports from Australia

In 2021, shipments abroad of parts of boilers for central heating was finally on the rise to reach X tons after two years of decline. Overall, exports, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2015 with an increase of 21,805%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, boiler parts exports skyrocketed to $X in 2021. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when exports increased by 2,374% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for boiler parts exports from Australia, accounting for a 59% share of total exports. Moreover, boiler parts exports to Germany exceeded the volume sent to the second major destination, New Zealand (X tons), threefold. The third position in this ranking was held by Canada (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +76.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+60.3% per year) and Canada (+101.8% per year).

In value terms, Germany ($X) emerged as the key foreign market for parts of boilers for central heating exports from Australia, comprising 69% of total exports. The second position in the ranking was taken by New Zealand ($X), with an 18% share of total exports. It was followed by Canada, with a 9.5% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +44.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+50.4% per year) and Canada (+54.0% per year).

Export Prices by Country

In 2021, the average boiler parts export price amounted to $X per ton, increasing by 39% against the previous year. Overall, the export price showed a strong increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 217%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+17.9%), while the prices for the other major destinations experienced a decline.

Boiler Parts Imports

Imports into Australia

In 2021, the amount of parts of boilers for central heating imported into Australia expanded remarkably to X tons, growing by 9.9% against the year before. Overall, imports, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2015 with an increase of 89% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, boiler parts imports skyrocketed to $X in 2021. Over the period under review, imports posted a temperate expansion. The pace of growth appeared the most rapid in 2019 with an increase of 88% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of boiler parts to Australia, accounting for a 61% share of total imports. Moreover, boiler parts imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), sevenfold. The third position in this ranking was taken by the Netherlands (X tons), with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy totaled +7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-3.1% per year) and the Netherlands (-16.7% per year).

In value terms, Italy ($X) constituted the largest supplier of parts of boilers for central heating to Australia, comprising 49% of total imports. The second position in the ranking was taken by Germany ($X), with an 11% share of total imports. It was followed by the Netherlands, with an 8.1% share.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.0% per year) and the Netherlands (+4.6% per year).

Import Prices by Country

In 2021, the average boiler parts import price amounted to $X per ton, picking up by 31% against the previous year. In general, the import price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 an increase of 69% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was New Zealand ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+33.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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