GCC: Super-Heated Water Boiler Market 2025

Super-Heated Water Boiler Market Size in GCC

In 2021, after two years of growth, there was significant decline in the GCC super-heated water boiler market, when its value decreased by -21.3% to $X. The total consumption indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2020, and then plummeted in the following year.

Super-Heated Water Boiler Production in GCC

In value terms, super-heated water boiler production rose rapidly to $X in 2021 estimated in export price. In general, production, however, showed strong growth. The pace of growth was the most pronounced in 2017 when the production volume increased by 172% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Super-Heated Water Boiler Exports

Exports in GCC

In 2021, overseas shipments of super-heated water boilers decreased by -36.6% to X tons, falling for the third year in a row after three years of growth. Overall, exports faced a abrupt contraction. The pace of growth was the most pronounced in 2014 with an increase of 232% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, super-heated water boiler exports shrank notably to $X in 2021. Over the period under review, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2014 when exports increased by 175%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United Arab Emirates dominates exports structure, accounting for X tons, which was approx. 92% of total exports in 2021. It was distantly followed by Oman (X tons), comprising a 4.7% share of total exports. Saudi Arabia (X tons) followed a long way behind the leaders.

Exports from the United Arab Emirates decreased at an average annual rate of -10.0% from 2012 to 2021. Saudi Arabia experienced a relatively flat trend pattern. Oman (-22.3%) illustrated a downward trend over the same period. The United Arab Emirates (+8.9 p.p.) and Saudi Arabia (+2.3 p.p.) significantly strengthened its position in terms of the total exports, while Oman saw its share reduced by -11.2% from 2012 to 2021, respectively.

In value terms, the United Arab Emirates ($X) remains the largest super-heated water boiler supplier in GCC, comprising 96% of total exports. The second position in the ranking was held by Oman ($X), with a 2.1% share of total exports.

In the United Arab Emirates, super-heated water boiler exports contracted by an average annual rate of -9.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Oman (-21.6% per year) and Saudi Arabia (+5.4% per year).

Export Prices by Country

The export price in GCC stood at $X per ton in 2021, waning by -5% against the previous year. Export price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, super-heated water boiler export price decreased by -11.3% against 2019 indices. The pace of growth appeared the most rapid in 2015 when the export price increased by 43%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+4.5%), while the other leaders experienced more modest paces of growth.

Super-Heated Water Boiler Imports

Imports in GCC

In 2021, purchases abroad of super-heated water boilers decreased by -60.1% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports recorded a precipitous curtailment. The growth pace was the most rapid in 2016 with an increase of 1,893% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, super-heated water boiler imports fell notably to $X in 2021. In general, imports faced a precipitous descent. The most prominent rate of growth was recorded in 2016 with an increase of 2,456%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

The United Arab Emirates dominates imports structure, resulting at X tons, which was near 79% of total imports in 2021. Oman (X tons) held an 8.7% share (based on physical terms) of total imports, which put it in second place, followed by Kuwait (7.2%). Qatar (X tons) held a minor share of total imports.

The United Arab Emirates was also the fastest-growing in terms of the super-heated water boilers imports, with a CAGR of +21.6% from 2012 to 2021. Kuwait experienced a relatively flat trend pattern. Oman (-13.4%) and Qatar (-26.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United Arab Emirates, Kuwait and Oman increased by +78, +6.6 and +6.1 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported super-heated water boilers in GCC, comprising 72% of total imports. The second position in the ranking was held by Oman ($X), with an 18% share of total imports. It was followed by Kuwait, with a 6.7% share.

In the United Arab Emirates, super-heated water boiler imports expanded at an average annual rate of +8.8% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Oman (-5.3% per year) and Kuwait (+6.2% per year).

Import Prices by Country

In 2021, the import price in GCC amounted to $X per ton, picking up by 10% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 95% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Oman ($X per ton), while Qatar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+9.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform