Bangladesh: Market for Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam 2025

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

Exports from Bangladesh

In 2022, the amount of central heating boilers, for producing hot water or low pressure steam exported from Bangladesh was estimated at X units, remaining relatively unchanged against 2021. Over the period under review, exports recorded a abrupt downturn. The smallest decline of 99.9% was in 2019. Over the period under review, the exports of hit record highs at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of central heating boilers, for producing hot water or low pressure steam totaled $X in 2022. In general, exports faced a abrupt contraction. The smallest decline of 99.9% was in 2019. Over the period under review, the exports of hit record highs at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Luxembourg (X units) was the main destination for exports of central heating boilers, for producing hot water or low pressure steam from Bangladesh, with a approx. 100% share of total exports.

From 2015 to 2022, the average annual growth rate of volume to Luxembourg was relatively modest.

From 2015 to 2022, the average annual growth rate of value to Luxembourg was relatively modest.

Export Prices by Country

In 2022, the average export price for central heating boilers, for producing hot water or low pressure steam amounted to $X per unit, therefore, remained relatively stable against the previous year. Over the period under review, the export price continues to indicate a moderate expansion. The pace of growth was the most pronounced in 2019 a decrease of 99.9% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

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

From 2015 to 2022, the rate of growth in terms of prices for Australia amounted to +44.4% per year.

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

Imports into Bangladesh

In 2022, the amount of central heating boilers, for producing hot water or low pressure steam imported into Bangladesh shrank rapidly to X units, waning by -36.6% against the previous year. In general, imports showed a abrupt decline. The growth pace was the most rapid in 2015 when imports increased by 591%. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of central heating boilers, for producing hot water or low pressure steam reduced sharply to $X in 2022. Overall, imports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2015 when imports increased by 781% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, Thailand (X units) constituted the largest supplier of central heating boilers, for producing hot water or low pressure steam to Bangladesh, with a 87% share of total imports. Moreover, imports of central heating boilers, for producing hot water or low pressure steam from Thailand exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold. The third position in this ranking was taken by India (X units), with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Thailand totaled +15.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+9.1% per year) and India (-10.6% per year).

In value terms, Thailand ($X) constituted the largest supplier of central heating boilers, for producing hot water or low pressure steam to Bangladesh, comprising 84% of total imports. The second position in the ranking was taken by Italy ($X), with a 4.7% share of total imports. It was followed by India, with a 3.8% share.

From 2012 to 2022, the average annual growth rate of value from Thailand totaled +13.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+12.8% per year) and India (-0.0% per year).

Import Prices by Country

In 2022, the average import price for central heating boilers, for producing hot water or low pressure steam amounted to $X per unit, dropping by -2.9% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for central heating boilers, for producing hot water or low pressure steam increased by +75.9% against 2018 indices. The most prominent rate of growth was recorded in 2020 an increase of 31% against the previous year. The import price peaked at $X per unit in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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