Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Slovenia - 2023

Contents:

1. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Slovenia (CIF) - 2023
2. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Slovenia (FOB) - 2022
3. Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Slovenia
4. Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Slovenia

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Slovenia (CIF) - 2023

In October 2023, the average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $423 per unit, which is down by -32.1% against the previous month. In general, the import price recorded a perceptible slump. The pace of growth was the most pronounced in August 2023 an increase of 66% m-o-m. As a result, import price attained the peak level of $639 per unit. From September 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($501 per unit), while the price for Serbia stood at $132 per unit.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Croatia (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Slovenia (FOB) - 2022

In 2022, the average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $664 per unit, surging by 15% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses increased by +42.3% against 2020 indices. The growth pace was the most rapid in 2017 when the average export price increased by 92%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1,569 per unit), while the average price for exports to Montenegro ($345 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 Germany (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Slovenia

For the fourth year in a row, Slovenia recorded growth in purchases abroad of heaters; instantaneous or storage water heaters, non-electric, other than gasses, which increased by 3.5% to 30K units in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 32% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses surged to $13M in 2022. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Slovenia in 2022:

1. Austria (11.2K units)
2. Italy (6.2K units)
3. Poland (3.1K units)
4. Bulgaria (2.1K units)
5. Germany (2.0K units)
6. United Kingdom (1.6K units)
7. Croatia (1.2K units)
8. France (0.1K units)

Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Slovenia

In 2022, the amount of heaters; instantaneous or storage water heaters, non-electric, other than gasses exported from Slovenia skyrocketed to 3.3K units, picking up by 45% on the previous year's figure. Over the period under review, exports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of 88% against the previous year. As a result, the exports attained the peak of 3.7K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses surged to $2.2M in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.3% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Slovenia in 2022:

1. Croatia (596.0 units)
2. Hungary (476.0 units)
3. Denmark (443.0 units)
4. Netherlands (335.0 units)
5. Bosnia and Herzegovina (311.0 units)
6. Austria (301.0 units)
7. Italy (299.0 units)
8. Serbia (139.0 units)

Source: IndexBox Market Intelligence Platform