Pakistan: 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 Pakistan

In 2022, after three years of decline, there was significant growth in shipments abroad of central heating boilers, for producing hot water or low pressure steam, when their volume increased by 62% to X units. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 260%. The exports peaked at X units in 2018; however, from 2019 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 contracted to $X in 2022. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 578%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Jordan (X units) was the main destination for exports of central heating boilers, for producing hot water or low pressure steam from Pakistan, accounting for a 68% share of total exports. Moreover, exports of central heating boilers, for producing hot water or low pressure steam to Jordan exceeded the volume sent to the second major destination, Ethiopia (X units), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Jordan totaled +46.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ethiopia (+34.2% per year) and Djibouti (+9.1% per year).

In value terms, Jordan ($X) remains the key foreign market for central heating boilers, for producing hot water or low pressure steam exports from Pakistan, comprising 94% of total exports. The second position in the ranking was held by Ethiopia ($X), with a 3.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Jordan amounted to +72.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ethiopia (+7.7% per year) and Djibouti (+58.1% per year).

Export Prices by Country

In 2022, the average export price for central heating boilers, for producing hot water or low pressure steam amounted to $X per unit, which is down by -38.5% against the previous year. In general, the export price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2013 an increase of 99%. The export price peaked at $X per unit in 2021, and then reduced remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($X per unit), while the average price for exports to Ethiopia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+112.1%), 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 Pakistan

In 2022, purchases abroad of central heating boilers, for producing hot water or low pressure steam was finally on the rise to reach X units after two years of decline. In general, imports continue to indicate a moderate increase. The growth pace was the most rapid in 2016 with an increase of 169% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of central heating boilers, for producing hot water or low pressure steam soared to $X in 2022. Over the period under review, imports enjoyed prominent growth. The growth pace was the most rapid in 2016 with an increase of 149% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

South Korea (X units), Italy (X units) and Turkey (X units) were the main suppliers of imports of central heating boilers, for producing hot water or low pressure steam to Pakistan, with a combined 86% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +41.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of central heating boilers, for producing hot water or low pressure steam to Pakistan, comprising 55% of total imports. The second position in the ranking was taken by Turkey ($X), with a 12% share of total imports. It was followed by Germany, with a 6.4% share.

From 2012 to 2022, the average annual growth rate of value from Italy amounted to +25.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+7.2% per year) and Germany (+14.3% 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, surging by 40% against the previous year. Overall, the import price showed a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for South Korea ($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 United States (+26.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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