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

Contents:

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

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

The average import price for non-electric iron or steel central heating radiators other than of cast iron stood at $4.4 per unit in 2022, shrinking by -11.4% against the previous year. Over the period under review, the import price showed a perceptible contraction. The pace of growth was the most pronounced in 2019 an increase of 52% against the previous year. Over the period under review, average import prices hit record highs at $6.8 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.8% per year.

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

In 2020, the average export price for non-electric iron or steel central heating radiators other than of cast iron amounted to $6.4 per unit, shrinking by -32.9% against the previous year. Over the period under review, the export price continues to indicate a slight slump. The growth pace was the most rapid in 2018 an increase of 70%. As a result, the export price attained the peak level of $11 per unit. From 2019 to 2020, 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 Togo.

From 2012 to 2020, the rate of growth in terms of prices for Belgium amounted to +26.5% per year.

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

In 2022, overseas purchases of non-electric iron or steel central heating radiators other than of cast iron were finally on the rise to reach 18K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports saw a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron soared to $80K in 2022. In general, imports recorded strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.40.1N/A69.8102.5%
India2.80.1N/A1.0-29.1%
Netherlands16.50.5N/A0.6-66.9%
Belgium1.90.2N/AN/A-89.5%
United Kingdom2.40.2N/AN/A-91.7%
United States14.61.20.2N/A-88.3%
Others8.30.70.19.02.7%
Total55.02.90.480.413.5%

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

  1. China (18.0K units)
  2. India (0.2K units)
  3. Netherlands (0.1K units)

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

In 2020, the amount of non-electric iron or steel central heating radiators other than of cast iron exported from Ethiopia surged to 25 units, increasing by 92% compared with 2019 figures. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron surged to $160 in 2020. The total export value increased at an average annual rate of +29.0% from 2019 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Ethiopia (USD)
COUNTRY20192020CAGR,
2019-2020
TogoN/A1600%
France22.0N/A0%
Sweden102N/A0%
OthersN/AN/A0%
Total12416029.0%

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

  1. Togo (25.0 units)

Source: IndexBox Market Intelligence Platform

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