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

Contents:

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

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

In November 2023, the average import price for non-electric iron or steel central heating radiators other than of cast iron amounted to $3.5 per unit, rising by 2% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 23% against the previous month. The import price peaked at $3.8 per unit in September 2023; however, from October 2023 to November 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($9.3 per unit), while the price for Turkey ($2.0 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the UK (+2.5%), 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 Denmark (FOB) - 2022

In 2022, the average export price for non-electric iron or steel central heating radiators other than of cast iron amounted to $7.2 per unit, falling by -9.2% against the previous year. In general, the export price recorded a slight descent. The most prominent rate of growth was recorded in 2014 an increase of 27%. As a result, the export price reached the peak level of $10 per unit. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($18 per unit), while the average price for exports to the Netherlands ($2.9 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 the UK (+11.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

After three years of growth, purchases abroad of non-electric iron or steel central heating radiators other than of cast iron decreased by -21.5% to 7M units in 2022. The total import volume increased at an average annual rate of +4.3% 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 2020 when imports increased by 22%. Over the period under review, imports of attained the peak figure at 8.9M units in 2021, and then dropped markedly in the following year.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron fell notably to $20M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +9.6% 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 +31.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 27% against the previous year. As a result, imports reached the peak of $24M, and then reduced dramatically in the following year.

Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey5.15.88.78.317.6%
Finland4.47.79.96.715.0%
Netherlands0.92.93.21.313.0%
United KingdomN/A0.20.70.9112.1%
Czech Republic0.20.2N/A0.858.7%
Germany0.51.00.10.817.0%
Belgium2.50.30.20.1-65.8%
Others1.50.70.90.9-15.7%
Total15.018.723.819.89.7%

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

  1. Turkey (4339.4K units)
  2. Finland (1410.9K units)
  3. Netherlands (457.4K units)
  4. Germany (235.2K units)
  5. Czech Republic (199.7K units)
  6. United Kingdom (115.7K units)
  7. Belgium (38.6K units)

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

In 2022, shipments abroad of non-electric iron or steel central heating radiators other than of cast iron was finally on the rise to reach 200K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a drastic downturn. Over the period under review, the exports of hit record highs at 336K 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 skyrocketed to $1.4M in 2022. Overall, exports, however, recorded a sharp contraction. The exports peaked at $3.3M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway14110720965867.1%
United Kingdom6931,131302418-15.5%
Greenland14090.441.194.3-12.3%
Faroe Islands66.782.962.164.1-1.3%
Iceland19.136.420.156.043.1%
Netherlands10010331.610.2-53.3%
Sweden88.327.25.84.5-62.9%
Finland1,1981.02.50.4-93.1%
Germany285257N/A0.1-92.9%
Russia2151256.3N/A-82.9%
France16573.2N/AN/A-55.6%
Others15819795.2134-5.3%
Total3,2692,2317751,439-23.9%

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

  1. Norway (117.2K units)
  2. United Kingdom (28.2K units)
  3. Greenland (26.9K units)
  4. Faroe Islands (15.2K units)
  5. Netherlands (3.5K units)
  6. Iceland (3.3K units)
  7. Sweden (0.6K units)

Source: IndexBox Market Intelligence Platform

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