Israel: 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 Israel

After two years of growth, overseas shipments of central heating boilers, for producing hot water or low pressure steam decreased by -22% to X units in 2022. In general, exports, however, enjoyed a mild expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 193%. Over the period under review, the exports of attained the peak figure at X units in 2021, and then fell notably in the following year.

In value terms, exports of central heating boilers, for producing hot water or low pressure steam fell notably to $X in 2022. Over the period under review, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by 223% against the previous year. The exports peaked at $X in 2021, and then plummeted in the following year.

Exports by Country

The UK (X units) was the main destination for exports of central heating boilers, for producing hot water or low pressure steam from Israel, accounting for a 95% share of total exports. Moreover, exports of central heating boilers, for producing hot water or low pressure steam to the UK exceeded the volume sent to the second major destination, China (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK was relatively modest.

In value terms, the largest markets for central heating boilers, for producing hot water or low pressure steam exported from Israel were the UK ($X) and China ($X).

China, with a CAGR of +61.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average export price for central heating boilers, for producing hot water or low pressure steam stood at $X per unit in 2022, increasing by 2.5% against the previous year. Over the last decade, it increased at an average annual rate of +4.4%. The pace of growth was the most pronounced in 2013 when the average export price increased by 37%. Over the period under review, the average export prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to the UK totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+67.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Israel

In 2022, overseas purchases of central heating boilers, for producing hot water or low pressure steam were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2016 with an increase of 30%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of central heating boilers, for producing hot water or low pressure steam surged to $X in 2022. In general, imports, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2016 when imports increased by 27%. Over the period under review, imports of reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Italy (X units) constituted the largest central heating boilers, for producing hot water or low pressure steam supplier to Israel, with a 66% share of total imports. Moreover, imports of central heating boilers, for producing hot water or low pressure steam from Italy exceeded the figures recorded by the second-largest supplier, France (X units), threefold. Turkey (X units) ranked third in terms of total imports with a 3% share.

From 2012 to 2022, the average annual growth rate of volume from Italy stood at -2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+1.6% per year) and Turkey (-25.5% per year).

In value terms, Italy ($X) constituted the largest supplier of central heating boilers, for producing hot water or low pressure steam to Israel, comprising 66% of total imports. The second position in the ranking was taken by France ($X), with a 25% share of total imports. It was followed by Turkey, with a 2.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+6.0% per year) and Turkey (-22.3% per year).

Import Prices by Country

The average import price for central heating boilers, for producing hot water or low pressure steam stood at $X per unit in 2022, dropping by -3.8% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price 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. The most prominent rate of growth was recorded in 2017 an increase of 19% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2021, and then reduced in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($X per unit) and Italy ($X per unit), while the price for Poland ($X per unit) and Slovakia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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