Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Thailand - 2024

Contents:

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

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

The average import price for non-electric iron or steel central heating radiators of cast iron stood at $23 per unit in 2022, growing by 11% against the previous year. In general, the import price, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2016 when the average import price increased by 873% against the previous year. As a result, import price reached the peak level of $231 per unit. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($44 per unit), while the price for China ($20 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+39.9%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for non-electric iron or steel central heating radiators of cast iron amounted to $11 per unit, dropping by -14.1% against the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 30% against the previous year. As a result, the export price reached the peak level of $73 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to -1.9% per year.

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of non-electric iron or steel central heating radiators of cast iron, when their volume decreased by -30.3% to 40K units. Over the period under review, imports, however, posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 15,763%. Over the period under review, imports of attained the maximum at 58K units in 2021, and then contracted notably in the following year.

In value terms, imports of non-electric iron or steel central heating radiators of cast iron reduced notably to $929K in 2022. Overall, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 5,537% against the previous year. Imports peaked at $1.2M in 2021, and then contracted sharply in the following year.

Import of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.23028476641391.8%
Taiwan (Chinese)N/A10326022046.1%
ItalyN/A93.641.842.3-32.8%
Hong Kong SARN/A15839.40.6-93.8%
Others12.030.410.82.1-44.1%
Total12.26871,199929323.9%

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

  1. China (33.0K units)
  2. Taiwan (Chinese) (6.5K units)
  3. Italy (1.0K units)

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

In 2022, overseas shipments of non-electric iron or steel central heating radiators of cast iron were finally on the rise to reach 11K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt slump. The exports peaked at 21K 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 reduced to $123K in 2022. In general, exports, however, continue to indicate a drastic downturn. The smallest decline of -3.2% was in 2020. The exports peaked at $235K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan221219140120-18.4%
Myanmar4.3N/AN/AN/A0%
Others9.08.61.42.6-33.9%
Total235227142123-19.4%

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

  1. Japan (10.7K units)

Source: IndexBox Market Intelligence Platform

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