Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the United States - 2023

Contents:

  1. Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the United States (CIF) - 2023
  2. Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the United States (FOB) - 2022
  3. Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the United States
  4. Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the United States

Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the United States (CIF) - 2023

The average import price for non-electric iron or steel central heating radiators of cast iron stood at $6.1 per unit in December 2023, surging by 16% against the previous month. Over the period under review, import price indicated a noticeable expansion from December 2022 to December 2023: its price increased at an average monthly rate of +2.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for non-electric iron or steel central heating radiators of cast iron decreased by -26.2% against October 2023 indices. The most prominent rate of growth was recorded in February 2023 an increase of 44% month-to-month. As a result, import price reached the peak level of $8.7 per unit. From March 2023 to December 2023, the average import prices remained at a somewhat lower figure.

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

From December 2022 to December 2023, the rate of growth in terms of prices for China amounted to +2.4% per month.

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

The average export price for non-electric iron or steel central heating radiators of cast iron stood at $37 per unit in 2022, dropping by -14.9% against the previous year. Overall, the export price, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2020 an increase of 440%. As a result, the export price reached the peak level of $52 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($386 per unit), while the average price for exports to Ecuador ($7.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+46.1%), 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 United States

In 2022, approx. 596K units of non-electric iron or steel central heating radiators of cast iron were imported into the United States; rising by 35% on the previous year's figure. The total import volume increased at an average annual rate of +8.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of non-electric iron or steel central heating radiators of cast iron surged to $3.4M in 2022. In general, imports, however, showed a abrupt descent. Imports peaked at $4.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.82.62.12.9-8.6%
Others0.30.10.50.518.6%
Total4.12.82.73.4-6.0%

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

  1. China (582.4K units)

Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the United States

In 2022, the amount of non-electric iron or steel central heating radiators of cast iron exported from the United States soared to 78K units, with an increase of 102% on the year before. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of non-electric iron or steel central heating radiators of cast iron soared to $2.9M in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 376% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Export of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico58.796.11462,363242.7%
Canada54.324599.619553.1%
China17.413312880.966.9%
EcuadorN/AN/AN/A37.80%
BelgiumN/AN/AN/A28.00%
United Kingdom12.562.8N/A24.525.1%
Bahamas34.3N/AN/A11.8-29.9%
Japan60.116.4N/AN/A-72.7%
DjiboutiN/A733N/AN/A0%
Others1063501,32016515.9%
Total3441,6371,6942,906103.7%

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

  1. Mexico (64.8K units)
  2. Ecuador (5.2K units)
  3. China (2.2K units)
  4. United Kingdom (2.1K units)
  5. Belgium (1.2K units)
  6. Bahamas (1.0K units)
  7. Canada (0.5K units)

Source: IndexBox Market Intelligence Platform

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