Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Australia - 2024

Contents:

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

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

In 2022, the average import price for non-electric iron or steel central heating radiators other than of cast iron amounted to $3.3 per unit, surging by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Poland ($3.3 per unit) and Italy ($3.3 per unit), while the price for the UK ($3.3 per unit) and China ($3.3 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for non-electric iron or steel central heating radiators other than of cast iron stood at $3.7 per unit in 2022, rising by 40% against the previous year. Over the period under review, the export price, however, recorded a deep downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 259% against the previous year. As a result, the export price reached the peak level of $18 per unit. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($7.4 per unit), while the average price for exports to New Zealand ($3.3 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 New Zealand (+0.6%), while the prices for the other major destinations experienced a decline.

Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Australia

In 2022, the amount of non-electric iron or steel central heating radiators other than of cast iron imported into Australia declined significantly to 980K units, falling by -18.1% on the previous year. In general, imports showed a abrupt contraction. The smallest decline of -5.9% was in 2021. Imports peaked at 1.4M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron fell to $3.3M in 2022. Over the period under review, imports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 2.6%. Imports peaked at $3.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,9831,9622,1751,748-4.1%
Belgium7768046357760.0%
Poland13317014727427.2%
South KoreaN/AN/AN/A1390%
Czech Republic179125127105-16.3%
United Kingdom11077.254.467.4-15.1%
Turkey15745.212328.1-43.6%
Others236198207130-18.0%
Total3,5743,3813,4683,268-2.9%

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

  1. Italy (524.1K units)
  2. Belgium (232.7K units)
  3. Poland (82.1K units)
  4. South Korea (41.7K units)
  5. Czech Republic (31.5K units)
  6. United Kingdom (20.2K units)
  7. Turkey (8.4K units)

Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Australia

Exports of non-electric iron or steel central heating radiators other than of cast iron from Australia dropped to 73K units in 2022, declining by -14.1% against the previous year's figure. Overall, exports faced a sharp reduction. The exports peaked at 241K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron surged to $269K in 2022. Over the period under review, exports saw a sharp slump. Over the period under review, the exports of attained the peak figure at $738K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SingaporeN/AN/AN/A49.60%
Mongolia97.439.1N/A48.9-20.5%
Papua New Guinea58.885.180.042.6-10.2%
Philippines11.3N/A21.637.048.5%
JapanN/AN/AN/A30.00%
NetherlandsN/AN/AN/A24.30%
NauruN/AN/AN/A19.10%
New Zealand63.55.845.06.2-54.0%
Poland40.912.5N/AN/A-69.4%
China113112N/AN/A-0.9%
Malaysia228N/A2.2N/A-90.2%
Taiwan (Chinese)52.5N/AN/AN/A0%
Saudi Arabia34.5N/AN/AN/A0%
Others38.035.475.911.4-33.1%
Total738290225269-28.6%

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

  1. Singapore (15.3K units)
  2. Mongolia (15.0K units)
  3. Papua New Guinea (13.1K units)
  4. Philippines (11.4K units)
  5. Nauru (5.9K units)
  6. Japan (4.7K units)
  7. Netherlands (3.3K units)
  8. New Zealand (1.9K units)

Source: IndexBox Market Intelligence Platform

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