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

Contents:

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

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

The average import price for non-electric iron or steel central heating radiators other than of cast iron stood at $14.2 per unit in March 2022, falling by -33.5% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2021 when the average import price increased by 165% month-to-month. Over the period under review, average import prices hit record highs at $21.4 per unit in February 2022, and then declined markedly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Thailand ($138 per unit), while the price for China ($7.5 per unit) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by South Korea (+46.4%), 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 Indonesia (FOB) - 2022

In 2022, the average export price for non-electric iron or steel central heating radiators other than of cast iron amounted to $2.7 per unit, waning by -33.5% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when the average export price increased by 181%. As a result, the export price attained the peak level of $8.8 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($2.7 per unit), while the average price for exports to Timor-Leste amounted to $2.5 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Timor-Leste (-0.9%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of non-electric iron or steel central heating radiators other than of cast iron into Indonesia shrank to 243K units, falling by -14.1% against the year before. Overall, imports faced a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year. Imports peaked at 434K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron soared to $3.7M in 2022. In general, imports saw a abrupt downturn. Over the period under review, imports of reached the peak figure at $7.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,1651,3825841,463-12.2%
China3445671,2971,17550.6%
Thailand16427642843338.2%
Australia195219196133-12.0%
Japan52.676.839.211128.3%
Malaysia83.776.117489.12.1%
Singapore11426184.262.2-18.3%
South Korea4151.651.611.6-69.7%
Finland2,697N/AN/AN/A0%
Others867295208262-32.9%
Total7,0973,1553,0633,740-19.2%

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

  1. China (153.7K units)
  2. United States (44.8K units)
  3. Thailand (10.9K units)
  4. Singapore (6.7K units)
  5. Malaysia (5.6K units)
  6. Australia (4.6K units)
  7. Japan (3.7K units)
  8. South Korea (2.4K units)

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

In 2022, overseas shipments of non-electric iron or steel central heating radiators other than of cast iron decreased by -73.8% to 501 units, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a dramatic downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 132% against the previous year. As a result, the exports attained the peak of 4.9K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron dropped significantly to $1.4K in 2022. In general, exports saw a precipitous decline. The growth pace was the most rapid in 2020 with an increase of 69%. As a result, the exports attained the peak of $15K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore1.37.61.91.42.5%
JapanN/AN/A5.6N/A0%
Timor-Leste2.36.90.4N/A-58.3%
India2.2N/AN/AN/A0%
Others2.7N/A0.1N/A-80.8%
Total8.614.57.81.4-45.4%

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

  1. Singapore (495.0 units)
  2. Timor-Leste (6.0 units)

Source: IndexBox Market Intelligence Platform

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