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

Contents:

  1. Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Luxembourg (CIF) - 2023
  2. Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Luxembourg (FOB) - 2022
  3. Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Luxembourg
  4. Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Luxembourg

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

The average import price for non-electric iron or steel central heating radiators other than of cast iron stood at $4.6 per unit in September 2023, waning by -19.6% against the previous month. Over the period under review, the import price showed a slight shrinkage. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 101% month-to-month. The import price peaked at $6.9 per unit in March 2023; however, from April 2023 to September 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was France ($12.7 per unit), while the price for Germany ($3.1 per unit) was amongst the lowest.

From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+3.6%), while the prices for the other major suppliers experienced a decline.

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

The average export price for non-electric iron or steel central heating radiators other than of cast iron stood at $9.5 per unit in 2022, picking up by 17% against the previous year. Overall, the export price, however, saw a perceptible curtailment. The pace of growth appeared the most rapid in 2016 an increase of 28% against the previous year. The export price peaked at $12 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($13 per unit), while the average price for exports to France ($4.8 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 Germany (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of non-electric iron or steel central heating radiators other than of cast iron into Luxembourg contracted significantly to 2M units, waning by -16.5% compared with the year before. Over the period under review, total imports indicated a slight increase from 2019 to 2022: its volume increased at an average annual rate of +1.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 67%. As a result, imports reached the peak of 2.5M units, and then shrank remarkably in the following year.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron shrank to $9.5M in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 51%. As a result, imports attained the peak of $11M, and then reduced in the following year.

Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium3.33.05.34.39.2%
Germany4.03.24.44.10.8%
France0.80.70.80.80.0%
Netherlands0.3N/AN/AN/A0%
Others1.10.20.20.2-43.3%
Total9.67.110.89.5-0.3%

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

  1. Germany (968.7K units)
  2. Belgium (965.2K units)
  3. France (86.0K units)

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

In 2022, approx. 49K units of non-electric iron or steel central heating radiators other than of cast iron were exported from Luxembourg; leveling off at the previous year's figure. In general, exports, however, posted resilient growth. The pace of growth was the most pronounced in 2021 when exports increased by 92%. As a result, the exports attained the peak of 49K units, leveling off in the following year.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron soared to $468K in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium18119926527915.5%
France87.969.21171035.4%
Germany21.37.39.784.658.4%
Netherlands7.10.9N/AN/A-87.3%
Others0.62.67.61.432.6%
Total29827939946816.2%

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

  1. France (21.6K units)
  2. Belgium (20.9K units)
  3. Germany (6.4K units)

Source: IndexBox Market Intelligence Platform

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