Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Hungary - 2023
Contents:
- Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Hungary (FOB) - 2023
- Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Hungary (CIF) - 2023
- Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Hungary
- Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Hungary
Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Hungary (FOB) - 2023
The average export price for non-electric iron or steel central heating radiators other than of cast iron stood at $2.2 per unit in November 2023, with a decrease of -6.8% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average export price increased by 4% month-to-month. As a result, the export price reached the peak level of $2.5 per unit. From January 2023 to November 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Ukraine ($5.7 per unit), while the average price for exports to Serbia ($2.2 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Hungary (CIF) - 2023
The average import price for non-electric iron or steel central heating radiators other than of cast iron stood at $2.1 per unit in November 2023, with an increase of 15% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 31% m-o-m. As a result, import price reached the peak level of $2.7 per unit. From June 2023 to November 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was China ($2.4 per unit), while the price for Turkey stood at $1.5 per unit.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.1%), while the prices for the other major suppliers experienced a decline.
Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Hungary
Exports of non-electric iron or steel central heating radiators other than of cast iron from Hungary fell markedly to 21M units in 2022, waning by -16.4% on the previous year. Over the period under review, exports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2021 when exports increased by 6.5% against the previous year. As a result, the exports attained the peak of 25M units, and then declined remarkably in the following year.
In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron dropped to $49M in 2022. The total export value increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 11% against the previous year. The exports peaked at $53M in 2021, and then dropped in the following year.
| Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 16.2 | 20.3 | 18.5 | 18.1 | 3.8% |
| Austria | 12.9 | 11.3 | 12.9 | 11.6 | -3.5% |
| Czech Republic | 0.2 | 3.6 | 6.2 | 5.4 | 200.0% |
| France | 4.0 | 3.9 | 4.6 | 5.2 | 9.1% |
| Romania | 1.8 | 2.1 | 2.2 | 1.8 | 0.0% |
| Croatia | 1.6 | 1.5 | 2.0 | 1.5 | -2.1% |
| Slovakia | 0.9 | 1.2 | 1.7 | 1.5 | 18.6% |
| Poland | 1.8 | 1.1 | 0.6 | 0.9 | -20.6% |
| Others | 4.0 | 3.4 | 4.3 | 3.3 | -6.2% |
| Total | 43.4 | 48.3 | 53.0 | 49.2 | 4.3% |
Top Export Markets for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron from Hungary in 2022:
- Germany (7.6M units)
- Austria (5.5M units)
- France (2.4M units)
- Czech Republic (1.9M units)
- Romania (0.9M units)
- Slovakia (0.7M units)
- Poland (0.5M units)
- Croatia (0.5M units)
Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Hungary
In 2022, imports of non-electric iron or steel central heating radiators other than of cast iron into Hungary fell to 19M units, waning by -15% against the year before. In general, imports recorded a pronounced contraction. The growth pace was the most rapid in 2021 when imports increased by 20%. As a result, imports attained the peak of 22M units, and then shrank in the following year.
In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron dropped to $35M in 2022. The total import value increased at an average annual rate of +5.2% from 2019 to 2022; 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 48%. As a result, imports attained the peak of $38M, and then shrank in the following year.
| Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 17.0 | 15.0 | 22.7 | 22.3 | 9.5% |
| Poland | 3.0 | 3.0 | 4.2 | 3.9 | 9.1% |
| Germany | 1.8 | 2.0 | 2.6 | 2.3 | 8.5% |
| Italy | 0.5 | 0.6 | 1.4 | 1.2 | 33.9% |
| Netherlands | 1.2 | 0.8 | 1.2 | 1.1 | -2.9% |
| Bulgaria | 3.7 | 1.0 | 2.2 | 1.1 | -33.3% |
| Czech Republic | 1.6 | 1.3 | 1.3 | 1.0 | -14.5% |
| Others | 1.3 | 1.7 | 2.1 | 2.2 | 19.2% |
| Total | 30.0 | 25.5 | 37.7 | 35.0 | 5.3% |
Top Suppliers of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron to Hungary in 2022:
- Turkey (14.3M units)
- Poland (1.6M units)
- Netherlands (0.5M units)
- Italy (0.5M units)
- Germany (0.5M units)
- Bulgaria (0.5M units)
- Czech Republic (0.4M units)
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In value terms, radiators for central heating imports stood at $X in 2016. Overall, radiators for central heating imports continue to indicate a slight decrease. Global radiators for central heatin...
880
In value terms, radiators for central heating exports amounted to $X in 2016. In general, radiators for central heating exports continue to indicate a measured drop. Global radiators for central he...
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