Eastern Asia: Super-Heated Water Boiler Market 2025

Super-Heated Water Boiler Market Size in Eastern Asia

In 2021, the East Asian super-heated water boiler market decreased by -9% to $X for the first time since 2018, thus ending a two-year rising trend. The market value increased at an average annual rate of +1.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Super-Heated Water Boiler Production in Eastern Asia

In value terms, super-heated water boiler production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the production volume increased by 23%. As a result, production reached the peak level of $X, and then reduced in the following year.

Super-Heated Water Boiler Exports

Exports in Eastern Asia

In 2021, shipments abroad of super-heated water boilers decreased by -10.5% to X tons, falling for the second consecutive year after two years of growth. Overall, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of 76%. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, super-heated water boiler exports reduced modestly to $X in 2021. Over the period under review, exports, however, showed a resilient expansion. The growth pace was the most rapid in 2015 with an increase of 204%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

South Korea dominates exports structure, accounting for X tons, which was approx. 93% of total exports in 2021. It was distantly followed by China (X tons), committing a 6.1% share of total exports.

South Korea was also the fastest-growing in terms of the super-heated water boilers exports, with a CAGR of +15.5% from 2012 to 2021. China experienced a relatively flat trend pattern. South Korea (+16 p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by -12.9% from 2012 to 2021, respectively.

In value terms, South Korea ($X) remains the largest super-heated water boiler supplier in Eastern Asia, comprising 94% of total exports. The second position in the ranking was taken by China ($X), with a 3% share of total exports.

From 2012 to 2021, the average annual growth rate of value in South Korea stood at +17.8%.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2021, picking up by 11% against the previous year. Overall, the export price continues to indicate a notable expansion. The most prominent rate of growth was recorded in 2015 when the export price increased by 93% against the previous year. The level of export peaked in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was South Korea ($X per ton), while China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+9.0%).

Super-Heated Water Boiler Imports

Imports in Eastern Asia

In 2021, supplies from abroad of super-heated water boilers increased by 0.6% to X tons, rising for the third year in a row after two years of decline. In general, imports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when imports increased by 50%. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, super-heated water boiler imports soared to $X in 2021. Over the period under review, imports, however, showed a deep reduction. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Taiwan (Chinese) (X tons), Japan (X tons) and China (X tons) represented roughly 90% of total imports in 2021. It was distantly followed by South Korea (X tons), comprising an 8.8% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +32.2%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest super-heated water boiler importing markets in Eastern Asia were Japan ($X), China ($X) and Taiwan (Chinese) ($X), with a combined 95% share of total imports.

In terms of the main importing countries, Japan, with a CAGR of +27.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per ton, jumping by 62% against the previous year. Over the period under review, the import price, however, saw a noticeable slump. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+4.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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