Southern Asia: Super-Heated Water Boiler Market 2025

Super-Heated Water Boiler Market Size in Southern Asia

In 2021, the South Asian super-heated water boiler market increased by 2.6% to $X, rising for the third year in a row after two years of decline. The total consumption indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +51.1% against 2018 indices. The level of consumption peaked in 2021 and is expected to retain growth in the near future.

Super-Heated Water Boiler Production in Southern Asia

In value terms, super-heated water boiler production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 49% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then reduced in the following year.

Super-Heated Water Boiler Exports

Exports in Southern Asia

After three years of growth, overseas shipments of super-heated water boilers decreased by -74.2% to X tons in 2021. In general, exports continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 986%. The volume of export peaked at X tons in 2020, and then shrank rapidly in the following year.

In value terms, super-heated water boiler exports contracted dramatically to $X in 2021. Overall, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2016 when exports increased by 1,046% against the previous year. The level of export peaked at $X in 2020, and then declined rapidly in the following year.

Exports by Country

The shipments of the one major exporters of super-heated water boilers, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the super-heated water boilers exports, with a CAGR of -3.9% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest super-heated water boiler supplier in Southern Asia.

From 2012 to 2021, the average annual growth rate of value in India stood at -7.3%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, surging by 11% against the previous year. In general, the export price, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2016 when the export price increased by 80% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -3.6% per year.

Super-Heated Water Boiler Imports

Imports in Southern Asia

In 2021, after three years of growth, there was significant decline in supplies from abroad of super-heated water boilers, when their volume decreased by -40.7% to X tons. In general, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of 235%. The volume of import peaked at X tons in 2020, and then fell dramatically in the following year.

In value terms, super-heated water boiler imports dropped rapidly to $X in 2021. Overall, imports, however, saw a measured increase. The growth pace was the most rapid in 2016 when imports increased by 151%. The level of import peaked at $X in 2020, and then shrank notably in the following year.

Imports by Country

Bangladesh dominates imports structure, resulting at X tons, which was approx. 91% of total imports in 2021. It was distantly followed by Sri Lanka (X tons), creating a 5.5% share of total imports. Maldives (X tons) took a minor share of total imports.

Bangladesh was also the fastest-growing in terms of the super-heated water boilers imports, with a CAGR of +39.5% from 2012 to 2021. At the same time, Maldives (+28.0%) and Sri Lanka (+17.0%) displayed positive paces of growth. From 2012 to 2021, the share of Bangladesh increased by +73 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Bangladesh ($X) constitutes the largest market for imported super-heated water boilers in Southern Asia, comprising 89% of total imports. The second position in the ranking was taken by Sri Lanka ($X), with a 6.4% share of total imports.

In Bangladesh, super-heated water boiler imports expanded at an average annual rate of +32.2% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Sri Lanka (+14.7% per year) and Maldives (+20.9% per year).

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, dropping by -20.9% against the previous year. Over the period under review, the import price recorded a abrupt downturn. The growth pace was the most rapid in 2018 an increase of 29%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was Sri Lanka ($X per ton), while Maldives ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sri Lanka (-2.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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