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

Contents:

1. Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Italy (FOB) - 2023
2. Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Italy (CIF) - 2023
3. Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Italy
4. Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Italy

Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Italy (FOB) - 2023

In November 2023, the average export price for non-electric iron or steel central heating radiators other than of cast iron amounted to $3.8 per unit, dropping by -28.9% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 an increase of 31% m-o-m. As a result, the export price reached the peak level of $5.4 per unit, and then fell notably in the following month.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Mexico ($10.3 per unit), while the average price for exports to Jordan ($1.4 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 France (+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 Italy (CIF) - 2023

In November 2023, the average import price for non-electric iron or steel central heating radiators other than of cast iron amounted to $3.6 per unit, waning by -23.6% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average import price increased by 159% m-o-m. The import price peaked at $5.2 per unit in April 2023; however, from May 2023 to November 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the country with the highest price was China ($3.6 per unit), while the price for Egypt ($2.5 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Romania (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of non-electric iron or steel central heating radiators other than of cast iron exported from Italy dropped sharply to 33M units, waning by -25.4% compared with 2021. Overall, exports recorded a mild curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 31% against the previous year. As a result, the exports reached the peak of 45M units, and then contracted rapidly in the following year.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron shrank to $118M in 2022. The total export value increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 33%. As a result, the exports reached the peak of $133M, and then reduced in the following year.

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

1. Germany (15.5M units)
2. France (4.7M units)
3. United Kingdom (2.4M units)
4. Greece (1.2M units)
5. Spain (0.9M units)
6. Romania (0.7M units)
7. Slovenia (0.7M units)
8. Jordan (0.7M units)
9. Netherlands (0.6M units)
10. Poland (0.5M units)
11. Hungary (0.5M units)
12. Austria (0.4M units)
13. Ireland (0.2M units)

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

Imports of non-electric iron or steel central heating radiators other than of cast iron into Italy contracted to 18M units in 2022, waning by -9.1% against the previous year. The total import volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 23% against the previous year. As a result, imports attained the peak of 20M 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 totaled $60M in 2022. The total import value increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 27%. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. Germany (7.4M units)
2. Turkey (5.5M units)
3. Romania (2.9M units)
4. Czech Republic (1.3M units)
5. China (0.4M units)

Source: IndexBox Market Intelligence Platform