Serbia - Central Heating Boilers, for Producing Hot Water or Low Pressure Steam - Market Analysis, Forecast, Size, Trends and Insights
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Market Size for Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam in Serbia
In 2023, the Serbian market for central heating boilers, for producing hot water or low pressure steam increased by X% to $X, rising for the seventh consecutive year after two years of decline. In general, consumption posted a resilient expansion. Over the period under review, the market reached the maximum level in 2023 and is likely to continue growth in the immediate term.
Production of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam in Serbia
In value terms, production of central heating boilers, for producing hot water or low pressure steam declined to $X in 2023 estimated in export price. Over the period under review, production, however, recorded strong growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production of attained the peak level at $X in 2022, and then dropped in the following year.
Exports of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam
Exports from Serbia
In 2023, overseas shipments of central heating boilers, for producing hot water or low pressure steam decreased by X% to X units, falling for the second consecutive year after three years of growth. In general, exports saw a perceptible descent. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports of attained the maximum at X units in 2021; however, from 2022 to 2023, the exports failed to regain momentum.
In value terms, exports of central heating boilers, for producing hot water or low pressure steam dropped significantly to $X in 2023. Over the period under review, exports, however, posted tangible growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2022, and then reduced rapidly in the following year.
Exports by Country
Austria (X units), Germany (X units) and Romania (X units) were the main destinations of exports of central heating boilers, for producing hot water or low pressure steam from Serbia, together accounting for X% of total exports. Italy, France, Slovenia, Poland, Bosnia and Herzegovina, Belgium, Croatia, Montenegro, North Macedonia and Latvia lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the biggest increases were recorded for France (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X) remains the key foreign market for central heating boilers, for producing hot water or low pressure steam exports from Serbia, comprising X% of total exports. The second position in the ranking was held by Austria ($X), with a X% share of total exports. It was followed by Romania, with a X% share.
From 2012 to 2023, the average annual growth rate of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Romania (X% per year).
Export Prices by Country
The average export price for central heating boilers, for producing hot water or low pressure steam stood at $X per unit in 2023, growing by X% against the previous year. Overall, the export price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 an increase of X%. The export price peaked in 2023 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam
Imports into Serbia
Imports of central heating boilers, for producing hot water or low pressure steam into Serbia dropped significantly to X units in 2023, with a decrease of X% against the previous year. Over the period under review, imports recorded a perceptible decrease. The growth pace was the most rapid in 2015 when imports increased by X%. Over the period under review, imports of reached the peak figure at X units in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.
In value terms, imports of central heating boilers, for producing hot water or low pressure steam reduced to $X in 2023. In general, imports, however, posted notable growth. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports of remained at a somewhat lower figure.
Imports by Country
Turkey (X units), Croatia (X units) and Italy (X units) were the main suppliers of imports of central heating boilers, for producing hot water or low pressure steam to Serbia, with a combined X% share of total imports. Bosnia and Herzegovina, Germany, Hungary, Slovakia, Austria, the Czech Republic and Bulgaria lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the biggest increases were recorded for Hungary (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Italy ($X), Turkey ($X) and Slovakia ($X) constituted the largest central heating boilers, for producing hot water or low pressure steam suppliers to Serbia, together comprising X% of total imports. Germany, Croatia, Bosnia and Herzegovina, Hungary, Austria, Bulgaria and the Czech Republic lagged somewhat behind, together comprising a further X%.
In terms of the main suppliers, Hungary, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average import price for central heating boilers, for producing hot water or low pressure steam stood at $X per unit in 2023, picking up by X% against the previous year. Overall, the import price enjoyed a prominent increase. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. The import price peaked in 2023 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for central heating boilers, for producing hot water or low pressure steam in Serbia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25211200 - Boilers for central heating other than those of HS
Country coverage:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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