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 Europe

The Europe market for central heating boilers, for producing hot water or low pressure steam expanded slightly to $X in 2022, surging by 4% against the previous year. The market value increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

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

In value terms, production of central heating boilers, for producing hot water or low pressure steam fell modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.7% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of 19%. Over the period under review, production of hit record highs at $X in 2021, and then fell modestly in the following year.

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

Exports in Europe

In 2022, approx. X units of central heating boilers, for producing hot water or low pressure steam were exported in Europe; which is down by -5.5% on the previous year. In general, exports continue to indicate a slight setback. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 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 declined slightly to $X in 2022. The total export value increased at an average annual rate of +1.7% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 28%. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

In 2022, Italy (X units), Germany (X units), Austria (X units), Slovakia (X units), Poland (X units) and the Netherlands (X units) was the major exporter of central heating boilers, for producing hot water or low pressure steam in Europe, mixing up 68% of total export. The following exporters - France (X units), the Czech Republic (X units), Hungary (X units), Bosnia and Herzegovina (X units), Ireland (X units), Russia (X units) and Croatia (X units) - together made up 17% of total exports.

From 2012 to 2022, the biggest increases were recorded for Bosnia and Herzegovina (with a CAGR of +8.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Germany ($X) and Italy ($X) constituted the countries with the highest levels of exports in 2022, together accounting for 56% of total exports. Slovakia, Poland, the Netherlands, France, the Czech Republic, Ireland, Hungary, Croatia, Russia and Bosnia and Herzegovina lagged somewhat behind, together accounting for a further 33%.

In terms of the main exporting countries, Bosnia and Herzegovina, with a CAGR of +13.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, picking up by 3.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2018 when the export price increased by 8.3% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Austria ($X per unit), while Bosnia and Herzegovina ($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 Europe

In 2022, approx. X units of central heating boilers, for producing hot water or low pressure steam were imported in Europe; with a decrease of -2% on 2021 figures. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 23%. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, imports of central heating boilers, for producing hot water or low pressure steam reduced slightly to $X in 2022. The total import value increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28%. As a result, imports reached the peak of $X, and then fell slightly in the following year.

Imports by Country

In 2022, Germany (X units), followed by France (X units), Russia (X units), Italy (X units), the UK (X units), Spain (X units) and Romania (X units) represented the key importers of central heating boilers, for producing hot water or low pressure steam, together constituting 68% of total imports. The following importers - Poland (X units), Austria (X units), Belgium (X units), Slovakia (X units), the Czech Republic (X units) and Ukraine (X units) - together made up 18% 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, Germany ($X) constitutes the largest market for imported central heating boilers, for producing hot water or low pressure steam in Europe, comprising 22% of total imports. The second position in the ranking was taken by Italy ($X), with an 11% share of total imports. It was followed by France, with a 9.5% share.

In Germany, imports of central heating boilers, for producing hot water or low pressure steam expanded at an average annual rate of +5.8% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Italy (+4.4% per year) and France (+1.5% per year).

Import Prices by Country

The import price in Europe stood at $X per unit in 2022, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2016 when the import price increased by 7.9% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2021, and then contracted slightly 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 Belgium ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+7.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform