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

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

In 2022, the East European market for central heating boilers, for producing hot water or low pressure steam decreased by -13.9% to $X, falling for the second consecutive year after four years of growth. The total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -16.9% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, production of central heating boilers, for producing hot water or low pressure steam stood at $X in 2022 estimated in export price. The total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.4% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 14% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production of growth failed to regain momentum.

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

Exports in Eastern Europe

In 2022, overseas shipments of central heating boilers, for producing hot water or low pressure steam increased by 7.4% to X units, rising for the second year in a row after two years of decline. Overall, exports, however, showed a mild shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 10% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, exports of central heating boilers, for producing hot water or low pressure steam expanded significantly to $X in 2022. Total exports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +3.9% 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 +99.1% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of 22%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Slovakia (X units) and Poland (X units) were the major exporters of central heating boilers, for producing hot water or low pressure steam in 2022, reaching near 32% and 25% of total exports, respectively. The Czech Republic (X units) held the next position in the ranking, followed by Hungary (X units), Russia (X units) and Romania (X units). All these countries together held near 31% share of total exports. Ukraine (X units) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Romania (with a CAGR of +10.7%), while 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 supplying countries in Eastern Europe were Slovakia ($X), Poland ($X) and the Czech Republic ($X), together comprising 82% of total exports. Hungary, Russia, Romania and Ukraine lagged somewhat behind, together comprising a further 12%.

Russia, with a CAGR of +7.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, therefore, remained relatively stable against the previous year. Export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for central heating boilers, for producing hot water or low pressure steam increased by +80.1% against 2015 indices. The most prominent rate of growth was recorded in 2018 an increase of 15%. Over the period under review, the export prices attained the maximum at $X per unit in 2021, and then declined in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per unit), while Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.7%), while the other leaders experienced more modest paces of growth.

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

Imports in Eastern Europe

In 2022, imports of central heating boilers, for producing hot water or low pressure steam in Eastern Europe reduced modestly to X units, dropping by -2.4% against the previous year. Overall, imports showed a perceptible decline. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, imports of central heating boilers, for producing hot water or low pressure steam fell to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 21%. The level of import peaked at $X in 2021, and then contracted in the following year.

Imports by Country

Russia (X units) and Romania (X units) represented roughly 51% of total imports in 2022. Poland (X units) held a 13% share (based on physical terms) of total imports, which put it in second place, followed by Slovakia (7.1%), the Czech Republic (7%) and Ukraine (6.1%). Hungary (X units) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +5.7%), while purchases 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 Eastern Europe were Russia ($X), Romania ($X) and Poland ($X), with a combined 58% share of total imports. These countries were followed by Slovakia, the Czech Republic, Hungary and Ukraine, which together accounted for a further 31%.

Slovakia, with a CAGR of +9.1%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries 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 Eastern Europe amounted to $X per unit, shrinking by -3.1% against the previous year. Import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when the import price increased by 14% against the previous year. The level of import peaked at $X per unit in 2021, and then fell in the following year.

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 Hungary ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+11.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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