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

Contents:

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

Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Poland (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 $2.7 per unit, reducing by -2% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 12% against the previous month. The export price peaked at $3.0 per unit in December 2022; however, from January 2023 to November 2023, the export prices stood 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 Russia ($8.9 per unit), while the average price for exports to the UK ($2.6 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 Kazakhstan (+5.8%), 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 Poland (CIF) - 2023

The average import price for non-electric iron or steel central heating radiators other than of cast iron stood at $2.6 per unit in November 2023, shrinking by -2.9% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 29% against the previous month. Over the period under review, average import prices hit record highs at $3.1 per unit in May 2023; however, from June 2023 to November 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the country with the highest price was the UK ($2.9 per unit), while the price for Turkey ($2.0 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 Sweden (+9.2%), 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 Poland

In 2022, the amount of non-electric iron or steel central heating radiators other than of cast iron exported from Poland shrank sharply to 74M units, with a decrease of -27.5% against the previous year. Overall, exports faced a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 2.6% against the previous year. As a result, the exports attained the peak of 103M 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 $230M in 2022. The total export value increased at an average annual rate of +6.1% 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 2021 when exports increased by 21%. As a result, the exports attained the peak of $262M, and then contracted in the following year.

Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany57.659.873.268.55.9%
Sweden4.833.633.133.090.1%
Belgium12.317.323.520.017.6%
Denmark9.712.920.117.120.8%
United Kingdom6.67.810.212.122.4%
Romania8.28.412.79.65.4%
France7.16.88.88.87.4%
Finland14.57.37.48.3-17.0%
Czech Republic7.93.95.56.7-5.3%
Estonia1.91.54.34.937.1%
Ukraine5.96.79.14.1-11.4%
Russia24.325.521.24.1-44.7%
Latvia2.72.43.24.014.0%
Others29.122.129.628.4-0.8%
Total1922162622306.2%

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

  1. Germany (25.4M units)
  2. Belgium (8.6M units)
  3. Sweden (5.4M units)
  4. Romania (4.4M units)
  5. United Kingdom (4.3M units)
  6. Finland (3.3M units)
  7. Denmark (3.2M units)
  8. Czech Republic (2.3M units)
  9. France (2.1M units)
  10. Russia (1.7M units)
  11. Ukraine (1.6M units)
  12. Estonia (1.5M units)
  13. Latvia (1.4M units)

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

After three years of growth, supplies from abroad of non-electric iron or steel central heating radiators other than of cast iron decreased by -25.4% to 36M units in 2022. In general, imports recorded a noticeable shrinkage. The growth pace was the most rapid in 2021 with an increase of 17%. As a result, imports attained the peak of 49M units, and then shrank notably in the following year.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron contracted notably to $74M in 2022. The total import value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25%. As a result, imports attained the peak of $88M, and then dropped rapidly in the following year.

Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey21.020.530.727.89.8%
Germany16.712.212.38.7-19.5%
Sweden6.38.611.37.24.6%
China3.53.95.06.120.3%
Austria4.46.57.16.010.9%
Netherlands5.95.77.75.6-1.7%
Belgium4.56.35.74.3-1.5%
Others8.76.88.38.1-2.4%
Total71.070.588.173.81.3%

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

  1. Turkey (15.5M units)
  2. Sweden (10.5M units)
  3. Germany (2.4M units)
  4. Netherlands (1.7M units)
  5. China (1.7M units)
  6. Austria (1.4M units)
  7. Belgium (1.0M units)

Source: IndexBox Market Intelligence Platform

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