United Kingdom: Super-Heated Water Boiler Market 2024

Super-Heated Water Boiler Market Size in the UK

The UK super-heated water boiler market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption, however, continues to indicate a deep reduction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Super-Heated Water Boiler Production in the UK

In value terms, super-heated water boiler production reduced remarkably to $X in 2021 estimated in export price. In general, production showed a abrupt decrease. The pace of growth was the most pronounced in 2020 when the production volume increased by 87% against the previous year. Super-heated water boiler production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Super-Heated Water Boiler Exports

Exports from the UK

In 2021, approx. X tons of super-heated water boilers were exported from the UK; dropping by -26.8% on the previous year's figure. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2016 when exports increased by 359%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, super-heated water boiler exports surged to $X in 2021. In general, exports, however, showed resilient growth. The growth pace was the most rapid in 2016 when exports increased by 802% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Bangladesh (X tons), Turkey (X tons) and France (X tons) were the main destinations of super-heated water boiler exports from the UK, with a combined 75% share of total exports. Ireland, the Netherlands, the United States, Latvia and Tunisia lagged somewhat behind, together comprising a further 18%.

From 2012 to 2021, the biggest increases were recorded for Ireland (with a CAGR of +45.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for super-heated water boiler exported from the UK were Turkey ($X), France ($X) and Bangladesh ($X), with a combined 67% share of total exports. These countries were followed by the Netherlands, Ireland, the United States, Latvia and Tunisia, which together accounted for a further 17%.

Ireland, with a CAGR of +40.4%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average super-heated water boiler export price stood at $X per ton in 2021, increasing by 109% against the previous year. In general, the export price, however, continues to indicate a abrupt downturn. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+260.7%), while the prices for the other major destinations experienced more modest paces of growth.

Super-Heated Water Boiler Imports

Imports into the UK

In 2021, purchases abroad of super-heated water boilers was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, saw a perceptible decrease. The pace of growth was the most pronounced in 2016 when imports increased by 1,522%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, super-heated water boiler imports skyrocketed to $X in 2021. In general, imports continue to indicate a temperate expansion. The pace of growth was the most pronounced in 2016 when imports increased by 3,681%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Turkey (X tons) constituted the largest supplier of super-heated water boiler to the UK, with a 68% share of total imports. Moreover, super-heated water boiler imports from Turkey exceeded the figures recorded by the second-largest supplier, Spain (X tons), fivefold. The third position in this ranking was held by China (X tons), with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey stood at +43.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-5.9% per year) and China (+67.6% per year).

In value terms, Turkey ($X) constituted the largest supplier of super-heated water boilers to the UK, comprising 42% of total imports. The second position in the ranking was taken by China ($X), with a 19% share of total imports. It was followed by Ireland, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey stood at +75.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+116.0% per year) and Ireland (+21.6% per year).

Import Prices by Country

In 2021, the average super-heated water boiler import price amounted to $X per ton, with a decrease of -9.8% against the previous year. In general, the import price, however, continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2016 an increase of 133% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+32.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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