Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Belgium - 2023

Contents:

1. Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Belgium (FOB) - 2023
2. Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Belgium (CIF) - 2023
3. Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Belgium
4. Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Belgium

Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Belgium (FOB) - 2023

The average export price for non-electric iron or steel central heating radiators other than of cast iron stood at $3.3 per unit in November 2023, waning by -20.5% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average export price increased by 20% month-to-month. The export price peaked at $4.1 per unit in October 2023, and then shrank markedly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Canada ($20.8 per unit), while the average price for exports to the UK ($4.8 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Belgium (CIF) - 2023

The average import price for non-electric iron or steel central heating radiators other than of cast iron stood at $2.5 per unit in November 2023, dropping by -9.8% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 20% month-to-month. Over the period under review, average import prices attained the peak figure at $2.9 per unit in January 2023; however, from February 2023 to November 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was China ($2.9 per unit), while the price for Turkey totaled $1.7 per unit.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in overseas shipments of non-electric iron or steel central heating radiators other than of cast iron, when their volume decreased by -24.1% to 46M units. Overall, total exports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +3.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +12.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 34%. As a result, the exports reached the peak of 61M units, and then contracted notably in the following year.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron dropped rapidly to $145M in 2022. The total export value increased at an average annual rate of +3.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, the exports reached the peak of $174M, and then dropped rapidly in the following year.

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

1. Netherlands (18.5M units)
2. France (15.3M units)
3. Germany (7.7M units)
4. Ireland (0.9M units)

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

After three years of growth, purchases abroad of non-electric iron or steel central heating radiators other than of cast iron decreased by -23.4% to 56M units in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 45%. Over the period under review, imports of hit record highs at 73M units in 2021, and then shrank markedly in the following year.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron dropped remarkably to $137M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 35%. Imports peaked at $164M in 2021, and then contracted sharply in the following year.

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

1. Netherlands (22.0M units)
2. Turkey (13.2M units)
3. Poland (9.8M units)
4. Germany (4.6M units)
5. Czech Republic (3.4M units)
6. China (1.0M units)
7. France (0.9M units)

Source: IndexBox Market Intelligence Platform