United Kingdom - Iron Or Steel Solid Fuel Domestic Appliances - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

United Kingdom - Iron Or Steel Solid Fuel Domestic Appliances - Market Analysis, Forecast, Size, Trends And Insights

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Price for Metal Solid Fuel Appliances in the UK - 2023

Contents:

  1. Price for Metal Solid Fuel Appliances in the UK (CIF) - 2022
  2. Price for Metal Solid Fuel Appliances in the UK (FOB) - 2022
  3. Imports of Metal Solid Fuel Appliances in the UK
  4. Exports of Metal Solid Fuel Appliances in the UK

Price for Metal Solid Fuel Appliances in the UK (CIF) - 2022

The average metal solid fuel appliances import price stood at $50 per unit in 2022, picking up by 272% against the previous year. Overall, the import price enjoyed slight growth. Over the period under review, average import prices reached the maximum at $75 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($353 per unit), while the price for the Netherlands ($21 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.2%), while the prices for the other major suppliers experienced a decline.

Price for Metal Solid Fuel Appliances in the UK (FOB) - 2022

In 2022, the average metal solid fuel appliances export price amounted to $277 per unit, picking up by 60% against the previous year. Overall, the export price, however, saw a slight curtailment. The pace of growth appeared the most rapid in 2019 when the average export price increased by 124%. Over the period under review, the average export prices attained the peak figure at $411 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($489 per unit), while the average price for exports to Denmark ($83 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 Hungary (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Metal Solid Fuel Appliances in the UK

After three years of growth, purchases abroad of iron or steel solid fuel domestic appliances decreased by -73.1% to 2.5M units in 2022. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 347% against the previous year. Over the period under review, imports hit record highs at 9.1M units in 2021, and then reduced remarkably in the following year.

In value terms, metal solid fuel appliances imports shrank to $122M in 2022. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 85% against the previous year. As a result, imports attained the peak of $122M, leveling off in the following year.

Import of Metal Solid Fuel Appliances in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China28.928.567.259.527.2%
Hungary5.41.66.413.435.4%
Netherlands0.73.65.13.672.6%
India0.20.41.91.281.7%
Others28.832.041.644.415.5%
Total64.066.112212224.0%

Top Suppliers of Metal Solid Fuel Appliances to the UK in 2022:

  1. China (1913.3K units)
  2. Netherlands (169.0K units)
  3. India (48.6K units)
  4. Hungary (37.9K units)

Exports of Metal Solid Fuel Appliances in the UK

In 2022, overseas shipments of iron or steel solid fuel domestic appliances decreased by -23.5% to 74K units, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2020 when exports increased by 42% against the previous year. As a result, the exports attained the peak of 110K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, metal solid fuel appliances exports soared to $21M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Metal Solid Fuel Appliances in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3.64.06.610.141.0%
Ireland6.15.35.53.1-20.2%
Netherlands0.40.51.01.555.4%
Belgium0.10.10.60.9108.0%
United States0.20.20.50.426.0%
Switzerland0.10.20.20.458.7%
Denmark0.2N/AN/A0.314.5%
Germany0.70.40.20.2-34.1%
Others1.81.62.33.828.3%
Total13.112.416.820.616.3%

Top Export Markets for Metal Solid Fuel Appliances from the UK in 2022:

  1. France (20.7K units)
  2. Ireland (11.3K units)
  3. Netherlands (9.4K units)
  4. United States (4.0K units)
  5. Belgium (3.4K units)
  6. Denmark (3.1K units)
  7. Switzerland (2.9K units)
  8. Germany (1.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for metal solid fuel appliances 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 27521270 - Iron or steel solid fuel domestic appliances, including heaters, g rates, fires and braziers (excluding cooking appliances and plate warmers)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Iron Or Steel Solid Fuel Domestic Appliances - United Kingdom