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

Contents:

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

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

The average import price for non-electric iron or steel central heating radiators other than of cast iron stood at $9.1 per unit in 2022, declining by -13% against the previous year. In general, the import price, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2018 an increase of 50%. The import price peaked at $10 per unit in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($33 per unit), while the price for China totaled $7.3 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+14.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for non-electric iron or steel central heating radiators other than of cast iron stood at $3.4 per unit in 2022, rising by 4.5% against the previous year. Over the period under review, the export price, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of 34% against the previous year. Over the period under review, the average export prices reached the peak figure at $18 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uganda ($5.7 per unit), while the average price for exports to Tanzania ($0.1 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 Uganda (-5.5%), 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 Kenya

Imports of non-electric iron or steel central heating radiators other than of cast iron into Kenya dropped markedly to 446 units in 2022, waning by -88% compared with the previous year's figure. Over the period under review, imports faced a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 211% against the previous year. Imports peaked at 10K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron contracted dramatically to $4K in 2022. In general, imports showed a dramatic curtailment. The pace of growth was the most pronounced in 2021 with an increase of 356% against the previous year. Imports peaked at $73K 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 Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.00.21.13.00.0%
France0.90.10.21.03.6%
United Kingdom7.61.04.20.1-76.4%
India4.10.30.3N/A-72.9%
United Arab Emirates5.9N/A0.7N/A-65.6%
United States49.56.529.3N/A-23.1%
Others2.20.53.0N/A16.8%
Total73.28.538.84.0-62.1%

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

  1. China (413.0 units)
  2. France (29.0 units)
  3. United Kingdom (3.0 units)
  4. United Arab Emirates (1.0 units)

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

In 2022, shipments abroad of non-electric iron or steel central heating radiators other than of cast iron decreased by -0.9% to 4.2K units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 20% against the previous year. The exports peaked at 4.3K units in 2021, and then dropped slightly in the following year.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron rose slightly to $14K in 2022. Overall, exports showed a noticeable decline. The exports peaked at $16K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda10.810.710.511.41.8%
Rwanda4.63.83.02.7-16.3%
Tanzania0.30.20.20.1-30.7%
OthersN/AN/AN/AN/A0%
Total15.814.713.814.2-3.5%

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

  1. Uganda (2.0K units)
  2. Rwanda (1.3K units)
  3. Tanzania (0.9K units)

Source: IndexBox Market Intelligence Platform

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