MENA: 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 MENA

In 2022, the MENA's market for central heating boilers, for producing hot water or low pressure steam decreased by -4.3% to $X, falling for the fourth year in a row after five years of growth. In general, consumption, however, posted a resilient expansion. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

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

In value terms, production of central heating boilers, for producing hot water or low pressure steam contracted to $X in 2022 estimated in export price. Overall, production, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 96% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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

Exports in MENA

In 2022, exports of central heating boilers, for producing hot water or low pressure steam in MENA dropped slightly to X units, standing approx. at the previous year's figure. The total export volume increased at an average annual rate of +2.4% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 17%. As a result, the exports attained the peak of X units, leveling off in the following year.

In value terms, exports of central heating boilers, for producing hot water or low pressure steam shrank to $X in 2022. Total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.2% 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 +7.3% against 2018 indices. The pace of growth appeared the most rapid in 2017 when exports increased by 20% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2021, and then fell in the following year.

Exports by Country

The biggest shipments were from Turkey (X units), together accounting for 99% of total export.

Turkey was also the fastest-growing in terms of the central heating boilers, for producing hot water or low pressure steam exports, with a CAGR of +2.4% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) also remains the largest central heating boilers, for producing hot water or low pressure steam supplier in MENA.

In Turkey, exports of central heating boilers, for producing hot water or low pressure steam expanded at an average annual rate of +5.2% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, waning by -5.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2013 when the export price increased by 9.6% against the previous year. The level of export peaked at $X per unit in 2021, and then shrank in the following year.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +2.7% per year.

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

Imports in MENA

In 2022, imports of central heating boilers, for producing hot water or low pressure steam in MENA stood at X units, leveling off at the year before. Overall, imports, however, showed a pronounced decline. The most prominent rate of growth was recorded in 2015 with an increase of 9.3% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of central heating boilers, for producing hot water or low pressure steam dropped slightly to $X in 2022. In general, imports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 11%. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Algeria (X units) and Turkey (X units) prevails in steam structure, together achieving 75% of total imports. It was distantly followed by Tunisia (X units), achieving a 5.2% share of total imports. Iraq (X units), the United Arab Emirates (X units), Iran (X units), Lebanon (X units) and Morocco (X units) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Algeria (with a CAGR of +9.6%), 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 MENA were Turkey ($X), Algeria ($X) and Tunisia ($X), together accounting for 84% of total imports. Iran, Iraq, the United Arab Emirates, Morocco and Lebanon lagged somewhat behind, together accounting for a further 12%.

Iraq, with a CAGR of +11.8%, recorded the highest growth rate of 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 MENA amounted to $X per unit, dropping by -5.3% against the previous year. Overall, the import price continues to indicate a slight slump. The most prominent rate of growth was recorded in 2018 an increase of 9.8% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per unit), while Lebanon ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform