Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in China - 2023
Contents:
- Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in China (FOB) - 2022
- Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in China (CIF) - 2022
- Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in China
- Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in China
Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in China (FOB) - 2022
In 2022, the average export price for non-electric iron or steel central heating radiators of cast iron amounted to $8.6 per unit, with a decrease of -24% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 an increase of 42% against the previous year. The export price peaked at $11 per unit in 2021, and then contracted rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($11 per unit), while the average price for exports to Mongolia ($2.7 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 Russia (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in China (CIF) - 2022
The average import price for non-electric iron or steel central heating radiators of cast iron stood at $6.8 per unit in 2022, declining by -70.3% against the previous year. Over the period under review, the import price showed a deep slump. The most prominent rate of growth was recorded in 2020 an increase of 414%. As a result, import price reached the peak level of $37 per unit. From 2021 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($78 per unit), while the price for Taiwan (Chinese) stood at $1.3 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+8.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in China
After two years of decline, shipments abroad of non-electric iron or steel central heating radiators of cast iron increased by 17% to 4.3M units in 2022. In general, exports, however, saw a abrupt curtailment. The exports peaked at 5.5M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of non-electric iron or steel central heating radiators of cast iron contracted to $37M in 2022. Overall, exports, however, recorded a noticeable reduction. The pace of growth was the most pronounced in 2020 with an increase of 12% against the previous year. As a result, the exports attained the peak of $46M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 4.5 | 4.3 | 14.6 | 10.1 | 30.9% |
| United Kingdom | 4.8 | 5.1 | 7.6 | 6.0 | 7.7% |
| United States | 6.6 | 3.7 | 4.4 | 5.5 | -5.9% |
| Kazakhstan | 12.8 | 23.0 | 7.6 | 4.4 | -29.9% |
| Algeria | 7.4 | 5.9 | 1.3 | 3.7 | -20.6% |
| Kyrgyzstan | 1.8 | 0.5 | 1.2 | 0.9 | -20.6% |
| Mongolia | 0.2 | 0.7 | 0.6 | 0.8 | 58.7% |
| Turkmenistan | 0.6 | 0.1 | 0.1 | 0.6 | 0.0% |
| Others | 2.2 | 2.4 | 3.8 | 4.8 | 29.7% |
| Total | 41.0 | 45.7 | 41.2 | 36.6 | -3.7% |
Top Export Markets for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron from China in 2022:
- Russia (937.7K units)
- Kazakhstan (768.2K units)
- Algeria (623.1K units)
- United Kingdom (597.1K units)
- United States (587.7K units)
- Mongolia (290.1K units)
- Turkmenistan (121.6K units)
- Kyrgyzstan (53.2K units)
Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in China
In 2022, approx. 2.9K units of non-electric iron or steel central heating radiators of cast iron were imported into China; falling by -96.8% against 2021 figures. In general, imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 516% against the previous year. As a result, imports reached the peak of 90K units, and then shrank markedly in the following year.
In value terms, imports of non-electric iron or steel central heating radiators of cast iron fell remarkably to $19K in 2022. Overall, imports saw a dramatic setback. The pace of growth appeared the most rapid in 2021 when imports increased by 276%. As a result, imports reached the peak of $2M, and then fell rapidly in the following year.
| Import of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 1.7 | 1.9 | 13.1 | 15.8 | 110.3% |
| Taiwan (Chinese) | 0.4 | 6.6 | N/A | 3.5 | 106.1% |
| Netherlands | N/A | 521 | 1,633 | N/A | 213.4% |
| Turkey | 556 | N/A | 397 | N/A | -15.5% |
| Others | 34.9 | 15.2 | 3.6 | N/A | -67.9% |
| Total | 593 | 545 | 2,047 | 19.3 | -68.1% |
Top Suppliers of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron to China in 2022:
- Taiwan (Chinese) (2.7K units)
- South Korea (0.2K units)
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