Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Colombia - 2022

Contents:

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

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

In 2022, the average import price for non-electric iron or steel central heating radiators other than of cast iron amounted to $4.5 per unit, increasing by 3.9% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 60%. Over the period under review, average import prices reached the peak figure at $4.5 per unit in 2018; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($7.2 per unit), while the price for China ($2.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.4%), 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 Colombia (FOB) - 2022

In 2022, the average export price for non-electric iron or steel central heating radiators other than of cast iron amounted to $3.1 per unit, dropping by -6.1% against the previous year. Overall, the export price saw a mild decrease. The most prominent rate of growth was recorded in 2017 an increase of 74% against the previous year. As a result, the export price attained the peak level of $10 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +17.9% per year.

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

In 2022, the amount of non-electric iron or steel central heating radiators other than of cast iron imported into Colombia soared to 169K units, growing by 38% compared with the previous year. Over the period under review, imports, however, showed a perceptible curtailment. Imports peaked at 184K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron soared to $761K in 2022. In general, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 76% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

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

1. India (119.3K units)
2. Brazil (23.8K units)
3. China (23.3K units)
4. United States (1.0K units)

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

In 2022, shipments abroad of non-electric iron or steel central heating radiators other than of cast iron decreased by -98.5% to 575 units, falling for the second year in a row after two years of growth. Overall, exports faced a sharp setback. The most prominent rate of growth was recorded in 2020 when exports increased by 39%. As a result, the exports reached the peak of 48K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron dropped significantly to $1.8K in 2022. Over the period under review, exports saw a dramatic contraction. The growth pace was the most rapid in 2020 when exports increased by 9% against the previous year. Over the period under review, the exports of reached the maximum at $129K in 2021, and then dropped notably in the following year.

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

1. United States (575.0 units)

Source: IndexBox Market Intelligence Platform