Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Germany - 2023

Contents:

1. Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Germany (FOB) - 2023
2. Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Germany (CIF) - 2022
3. Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Germany
4. Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Germany

Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Germany (FOB) - 2023

The average export price for non-electric iron or steel central heating radiators of cast iron stood at $62.8 per unit in November 2023, reducing by -7.8% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 an increase of 40% m-o-m. As a result, the export price reached the peak level of $112 per unit. From July 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was North Macedonia ($88.1 per unit), while the average price for exports to Ukraine ($33.8 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+4.4%), 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 Germany (CIF) - 2022

The average import price for non-electric iron or steel central heating radiators of cast iron stood at $29 per unit in 2022, which is down by -10.2% against the previous year. In general, the import price, however, recorded a strong increase. The growth pace was the most rapid in 2014 an increase of 59%. Over the period under review, average import prices hit record highs at $40 per unit in 2016; however, from 2017 to 2022, import prices remained at a 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 Poland ($90 per unit), while the price for the Netherlands ($16 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Germany

In 2022, approx. 97K units of non-electric iron or steel central heating radiators of cast iron were exported from Germany; approximately reflecting the previous year's figure. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 293% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of non-electric iron or steel central heating radiators of cast iron expanded markedly to $7M in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 191% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Top Export Markets for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron from Germany in 2022:

1. Czech Republic (41.0K units)
2. Italy (36.8K units)
3. Poland (6.3K units)
4. Austria (5.1K units)
5. France (3.1K units)
6. United States (1.6K units)

Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Germany

In 2022, approx. 141K units of non-electric iron or steel central heating radiators of cast iron were imported into Germany; growing by 20% on 2021 figures. The total import volume increased at an average annual rate of +12.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 26% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of non-electric iron or steel central heating radiators of cast iron rose markedly to $4.1M in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 46%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron to Germany in 2022:

1. Netherlands (76.6K units)
2. China (17.6K units)
3. Poland (14.6K units)
4. Turkey (10.6K units)
5. United Kingdom (9.7K units)
6. Austria (4.7K units)

Source: IndexBox Market Intelligence Platform