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

Contents:

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

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

The average import price for non-electric iron or steel central heating radiators other than of cast iron stood at $6.1 per unit in 2022, which is down by -48.2% against the previous year. In general, the import price showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 an increase of 51%. Over the period under review, average import prices reached the peak figure at $20 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($84 per unit), while the price for Spain ($4.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+93.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for non-electric iron or steel central heating radiators other than of cast iron amounted to $3.8 per unit, therefore, remained relatively stable against the previous year. In general, the export price recorded a remarkable increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 102% against the previous year. Over the period under review, the average export prices attained the peak figure at $6.6 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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 South Korea amounted to -19.9% per year.

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

In 2022, approx. 11K units of non-electric iron or steel central heating radiators other than of cast iron were imported into Ecuador; growing by 294% compared with the previous year. Overall, imports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 592%. As a result, imports reached the peak of 39K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron soared to $68K in 2022. In general, imports saw a resilient increase. The pace of growth was the most pronounced in 2020 when imports increased by 461% against the previous year. As a result, imports reached the peak of $300K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.742.72.353.5215.7%
Germany7.846.70.44.7-15.5%
United States14.41001.93.4-38.2%
Spain7.714.81.61.7-39.6%
Colombia2.512.94.9N/A40.0%
SingaporeN/A3.30.6N/A-81.8%
Netherlands6.923.45.8N/A-8.3%
Others12.556.215.74.6-28.3%
Total53.530033.367.98.3%

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

  1. China (10.5K units)
  2. Spain (0.4K units)
  3. United States (0.2K units)
  4. Germany (0.1K units)

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

In 2022, after two years of decline, there was decline in overseas shipments of non-electric iron or steel central heating radiators other than of cast iron, when their volume decreased by 0% to 1.1K units. Overall, exports enjoyed a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron stood at $4K in 2022. In general, exports posted significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A4.00%
South Korea1.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.2N/AN/A4.049.4%

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

  1. United States (1.1K units)

Source: IndexBox Market Intelligence Platform

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