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

Contents:

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

Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Lithuania (CIF) - 2022

In 2022, the average import price for non-electric iron or steel central heating radiators of cast iron amounted to $30 per unit, picking up by 39% against the previous year. Over the period under review, the import price posted buoyant growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 106% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 ($48 per unit), while the price for the Czech Republic ($13 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Lithuania (FOB) - 2022

The average export price for non-electric iron or steel central heating radiators of cast iron stood at $15 per unit in 2022, increasing by 7.1% against the previous year. In general, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for non-electric iron or steel central heating radiators of cast iron increased by +25.5% against 2020 indices. The growth pace was the most rapid in 2014 when the average export price increased by 65% against the previous year. The export price peaked at $24 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Latvia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +22.7% per year.

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

In 2022, purchases abroad of non-electric iron or steel central heating radiators of cast iron decreased by -69.6% to 1.8K units, falling for the second year in a row after two years of growth. Overall, imports saw a sharp reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 30% against the previous year. As a result, imports reached the peak of 15K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of non-electric iron or steel central heating radiators of cast iron declined remarkably to $54K in 2022. Over the period under review, imports recorded a precipitous descent. The most prominent rate of growth was recorded in 2020 when imports increased by 1.8%. As a result, imports attained the peak of $197K. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. Latvia (1490.0 units)
2. Italy (244.0 units)
3. Poland (36.0 units)
4. Czech Republic (34.0 units)

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

In 2022, overseas shipments of non-electric iron or steel central heating radiators of cast iron decreased by -74.4% to 90 units, falling for the second consecutive year after two years of growth. Overall, exports showed a sharp slump. The growth pace was the most rapid in 2020 when exports increased by 29% against the previous year. As a result, the exports reached the peak of 2.2K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of non-electric iron or steel central heating radiators of cast iron reduced markedly to $1.4K in 2022. In general, exports saw a dramatic slump. The smallest decline of -33.5% was in 2020. The exports peaked at $40K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

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

1. Latvia (89.0 units)

Source: IndexBox Market Intelligence Platform