Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the UK - 2023
Contents:
- Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the UK (CIF) - 2023
- Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the UK (FOB) - 2023
- Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the UK
- Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the UK
Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the UK (CIF) - 2023
In November 2023, the average import price for non-electric iron or steel central heating radiators of cast iron amounted to $17.0 per unit, growing by 18% against the previous month. Over the last eleven-month period, it increased at an average monthly rate of +3.0%. The most prominent rate of growth was recorded in August 2023 an increase of 19% month-to-month. As a result, import price attained the peak level of $17.2 per unit. From September 2023 to November 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($20.7 per unit), while the price for China amounted to $8.8 per unit.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Turkey (+5.6%).
Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the UK (FOB) - 2023
In November 2023, the average export price for non-electric iron or steel central heating radiators of cast iron amounted to $49.1 per unit, surging by 42% against the previous month. Over the period under review, export price indicated a pronounced expansion from December 2022 to November 2023: its price increased at an average monthly rate of +3.7% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for non-electric iron or steel central heating radiators of cast iron increased by +44.6% against August 2023 indices. The export price peaked at $50.3 per unit in July 2023; however, from August 2023 to November 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Australia ($92.9 per unit), while the average price for exports to Poland ($25.8 per unit) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the UK
Imports of non-electric iron or steel central heating radiators of cast iron into the UK dropped to 2.9M units in 2022, which is down by -9.3% compared with the previous year's figure. The total import volume increased at an average annual rate of +6.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 36% against the previous year. As a result, imports attained the peak of 3.2M units, and then declined in the following year.
In value terms, imports of non-electric iron or steel central heating radiators of cast iron stood at $39M in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 94%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 12.3 | 12.9 | 28.3 | 31.1 | 36.2% |
| China | 4.5 | 4.1 | 5.6 | 7.2 | 17.0% |
| Others | 1.2 | 0.6 | 0.2 | 0.4 | -30.7% |
| Total | 18.0 | 17.6 | 34.2 | 38.7 | 29.1% |
Top Suppliers of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron to the UK in 2022:
- Turkey (2288.8K units)
- China (599.1K units)
Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the UK
Exports of non-electric iron or steel central heating radiators of cast iron from the UK expanded rapidly to 114K units in 2022, rising by 7% against 2021 figures. In general, exports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 78%. The exports peaked at 133K 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 $4.3M in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 59%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 436 | 177 | 667 | 863 | 25.6% |
| France | 90.3 | 42.1 | 478 | 726 | 100.3% |
| United States | 270 | 180 | 491 | 642 | 33.5% |
| Germany | 109 | 70.5 | 315 | 466 | 62.3% |
| Italy | 50.7 | 31.3 | 270 | 224 | 64.1% |
| Poland | 46.1 | 4.3 | 51.6 | 195 | 61.7% |
| Netherlands | 98.4 | 39.2 | 210 | 163 | 18.3% |
| Czech Republic | 55.1 | 11.8 | 127 | 141 | 36.8% |
| China | 369 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 641 | 1,686 | 509 | N/A | -10.9% |
| Others | 214 | 107 | 615 | 880 | 60.2% |
| Total | 2,380 | 2,349 | 3,733 | 4,300 | 21.8% |
Top Export Markets for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron from the UK in 2022:
- Ireland (25.6K units)
- France (19.5K units)
- United States (12.8K units)
- Germany (11.3K units)
- Italy (9.1K units)
- Poland (6.8K units)
- Czech Republic (5.6K units)
- Netherlands (5.1K units)
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Between 2022 and 2023, there was a slight decrease in the growth of imports for Non-Electric Central Heating Radiators. The value of these imports dropped to $355M in 2023.
363
In January 2023, the radiator price amounted to $2,749 per ton (CIF, United Kingdom), waning by -1.8% against the previous month.
1642
In value terms, radiators for central heating imports stood at $X in 2016. Overall, radiators for central heating imports continue to indicate a slight decrease. Global radiators for central heatin...
881
In value terms, radiators for central heating exports amounted to $X in 2016. In general, radiators for central heating exports continue to indicate a measured drop. Global radiators for central he...
103
Between 2022 and 2023, there was a slight decrease in the growth of imports for Non-Electric Central Heating Radiators. The value of these imports dropped to $355M in 2023.
363
In January 2023, the radiator price amounted to $2,749 per ton (CIF, United Kingdom), waning by -1.8% against the previous month.
1642
In value terms, radiators for central heating imports stood at $X in 2016. Overall, radiators for central heating imports continue to indicate a slight decrease. Global radiators for central heatin...
881
In value terms, radiators for central heating exports amounted to $X in 2016. In general, radiators for central heating exports continue to indicate a measured drop. Global radiators for central he...
