United Kingdom - Radiators for Central Heating (not Electrically Heated) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUK Radiator Price Reduces Slightly to $2,749 per Ton
United Kingdom Radiator Import Price in January 2023
In January 2023, the radiator price amounted to $2,749 per ton (CIF, United Kingdom), waning by -1.8% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 an increase of 12% m-o-m. The import price peaked at $3,400 per ton in February 2022; however, from March 2022 to January 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2023, the country with the highest price was Germany ($5,852 per ton), while the price for Turkey ($2,296 per ton) was amongst the lowest.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by Turkey (-0.4%), while the prices for the other major suppliers experienced a decline.
| COUNTRY | Import Price of Radiator in United Kingdom (USD per ton) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jan 2022 | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | |
| Germany | 6,285 | 7,269 | 7,211 | 7,520 | 6,704 | 5,947 | 6,610 | 6,319 | 6,583 | 5,624 | 5,531 | 5,838 | 5,852 |
| Poland | 4,675 | 6,376 | 3,878 | 3,105 | 3,306 | 3,554 | 3,779 | 3,795 | 3,147 | 3,629 | 3,423 | 3,009 | 4,024 |
| China | 3,809 | 3,664 | 3,234 | 3,345 | 3,272 | 3,734 | 3,234 | 3,350 | 3,189 | 3,237 | 3,120 | 3,199 | 3,023 |
| Turkey | 2,406 | 2,541 | 2,182 | 2,394 | 2,159 | 2,159 | 2,149 | 2,515 | 2,135 | 2,365 | 2,144 | 2,238 | 2,296 |
| Average | 3,049 | 3,400 | 2,919 | 2,998 | 2,698 | 2,953 | 2,687 | 3,012 | 2,628 | 2,852 | 2,606 | 2,800 | 2,749 |
United Kingdom Radiator Import Prices by Type
Average prices varied noticeably amongst the major supplied products. In January 2023, the product with the highest price was radiators and parts thereof; for central heating, (not electrically heated), of iron or steel other than cast iron ($2,760 per ton), while the price for radiators and parts thereof; for central heating, (not electrically heated), of cast iron stood at $2,672 per ton.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by radiators and parts thereof; for central heating, (not electrically heated), of cast iron (-0.8%).
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United Kingdom Radiator Imports
In January 2023, the amount of radiators for central heating (not electrically heated) imported into the UK totaled 11K tons, increasing by 4.5% against the previous month. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2022 with an increase of 26% m-o-m.
In value terms, radiator imports rose slightly to $30M (IndexBox estimates) in January 2023. Overall, imports, however, saw a mild setback. The pace of growth was the most pronounced in November 2022 when imports increased by 12% against the previous month.
United Kingdom Radiator Imports by Type
In January 2023, radiators and parts thereof; for central heating, (not electrically heated), of iron or steel other than cast iron (9.7K tons) constituted the largest type of radiator supplied to the UK, with a 88% share of total imports. Moreover, radiators and parts thereof; for central heating, (not electrically heated), of iron or steel other than cast iron exceeded the figures recorded for the second-largest type, radiators and parts thereof; for central heating, (not electrically heated), of cast iron (1.3K tons), sevenfold.
From January 2022 to January 2023, the average monthly rate of growth in terms of the volume of import of radiators and parts thereof; for central heating, (not electrically heated), of iron or steel other than cast iron stood at -1.1%.
In value terms, radiators and parts thereof; for central heating, (not electrically heated), of iron or steel other than cast iron ($27M) constituted the largest type of radiator supplied to the UK, comprising 89% of total imports. The second position in the ranking was taken by radiators and parts thereof; for central heating, (not electrically heated), of cast iron ($3.5M), with an 11% share of total imports.
United Kingdom Radiator Imports by Country
In January 2023, Turkey (6.8K tons) constituted the largest supplier of radiator to the UK, with a 62% share of total imports. Moreover, radiator imports from Turkey exceeded the figures recorded by the second-largest supplier, China (3.3K tons), twofold. Germany (279 tons) ranked third in terms of total imports with a 2.5% share.
From January 2022 to January 2023, the average monthly rate of growth in terms of volume from Turkey amounted to -1.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: China (+0.3% per month) and Germany (-2.8% per month).
In value terms, Turkey ($16M), China ($9.9M) and Germany ($1.6M) constituted the largest radiator suppliers to the UK, together accounting for 90% of total imports.
Among the main suppliers, Turkey, with a CAGR of -1.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.
This report provides an in-depth analysis of the market for non-electric central heating radiator in the UK. 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 25211100 - Radiators for central heating, not electrically heated, and parts thereof, of iron or steel
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
