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

Contents:

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

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

In 2022, the average import price for non-electric iron or steel central heating radiators of cast iron amounted to $16 per unit, rising by 15% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.2% 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 +86.1% against 2016 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 27% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +19.5% per year.

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

The average export price for non-electric iron or steel central heating radiators of cast iron stood at $16 per unit in 2022, waning by -36.4% against the previous year. Over the period under review, the export price, however, posted a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 66% against the previous year. Over the period under review, the average export prices attained the maximum at $25 per unit in 2021, and then contracted sharply in the following year.

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

From 2015 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +5.6% per year.

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

In 2022, approx. 967 units of non-electric iron or steel central heating radiators of cast iron were imported into Pakistan; increasing by 150% compared with the year before. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 983%. As a result, imports attained the peak of 4.7K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of non-electric iron or steel central heating radiators of cast iron surged to $15K in 2022. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,223%. As a result, imports attained the peak of $50K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.549.64.215.1211.4%
United Arab Emirates3.3N/AN/AN/A0%
OthersN/A0.11.0N/A900.0%
Total3.849.75.215.158.4%

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

  1. China (967.0 units)

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

After two years of decline, shipments abroad of non-electric iron or steel central heating radiators of cast iron increased by 2,773% to 13K units in 2022. Over the period under review, exports, however, showed a dramatic shrinkage. Over the period under review, the exports of attained the maximum at 50K 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 skyrocketed to $210K in 2022. In general, exports, however, showed a sharp decline. Over the period under review, the exports of reached the peak figure at $478K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia41140811.2210-20.1%
Bahrain64.0N/AN/AN/A0%
Others2.5N/A0.3N/A-65.4%
Total47840811.5210-24.0%

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

  1. Saudi Arabia (13.0K units)

Source: IndexBox Market Intelligence Platform

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