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

Contents:

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

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

In 2022, the average import price for non-electric iron or steel central heating radiators other than of cast iron amounted to $1.9 per unit, rising by 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2021 an increase of 19%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

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 Italy ($3.2 per unit), while the price for Turkey ($1.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.1%), 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 Greece (FOB) - 2022

The average export price for non-electric iron or steel central heating radiators other than of cast iron stood at $3.9 per unit in 2022, rising by 9.7% against the previous year. Over the period under review, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for non-electric iron or steel central heating radiators other than of cast iron increased by +60.2% against 2018 indices. The growth pace was the most rapid in 2014 an increase of 49% against the previous year. As a result, the export price reached the peak level of $4.1 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($4.3 per unit), while the average price for exports to Albania ($2.6 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 North Macedonia (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 11M units of non-electric iron or steel central heating radiators other than of cast iron were imported into Greece; waning by -18.3% against 2021. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. As a result, imports reached the peak of 13M units, and then dropped notably in the following year.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron dropped to $21M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 61%. As a result, imports reached the peak of $22M, and then fell in the following year.

Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey9.28.815.813.814.5%
Italy2.22.73.23.314.5%
Germany1.11.21.71.35.7%
Belgium0.30.30.50.626.0%
Hungary0.10.40.60.681.7%
Others1.00.60.71.00.0%
Total13.814.022.520.614.3%

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

  1. Turkey (8.4M units)
  2. Italy (1.0M units)
  3. Germany (0.5M units)
  4. Belgium (0.3M units)
  5. Hungary (0.3M units)

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

In 2022, exports of non-electric iron or steel central heating radiators other than of cast iron from Greece reduced rapidly to 77K units, shrinking by -38.6% against the previous year's figure. In general, exports showed a dramatic setback. The pace of growth was the most pronounced in 2021 when exports increased by 7.9% against the previous year. Over the period under review, the exports of hit record highs at 167K 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 fell significantly to $300K in 2022. Over the period under review, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 22%. As a result, the exports attained the peak of $446K, and then reduced sharply in the following year.

Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus219195299164-9.2%
North Macedonia11.954.833.732.639.9%
Bulgaria50.742.830.431.6-14.6%
KosovoN/AN/A20.224.320.3%
Albania52.833.550.116.3-32.4%
Croatia0.4N/AN/A10.5197.2%
Turkey61.815.64.5N/A-73.0%
Others28.522.58.421.2-9.4%
Total425365446300-11.0%

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

  1. Cyprus (44.0K units)
  2. North Macedonia (7.8K units)
  3. Bulgaria (7.3K units)
  4. Kosovo (7.1K units)
  5. Albania (6.2K units)
  6. Croatia (3.4K units)

Source: IndexBox Market Intelligence Platform

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