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

Contents:

1. Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Morocco (CIF) - 2022
2. Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Morocco

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

In 2022, the average import price for non-electric iron or steel central heating radiators of cast iron amounted to $13 per unit, reducing by -2.5% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for non-electric iron or steel central heating radiators of cast iron increased by +53.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 57%. As a result, import price attained the peak level of $14 per unit, and then declined modestly in the following year.

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 France ($18 per unit), while the price for China ($8.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Imports of non-electric iron or steel central heating radiators of cast iron into Morocco soared to 11K units in 2022, with an increase of 572% on the year before. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 21,152%. As a result, imports attained the peak of 19K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of non-electric iron or steel central heating radiators of cast iron soared to $151K in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 16,335%. As a result, imports reached the peak of $163K. 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 Morocco in 2022:

1. France (5.5K units)
2. China (5.3K units)
3. Turkey (0.3K units)

Source: IndexBox Market Intelligence Platform