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

Contents:

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

Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Portugal (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 $5.9 per unit, rising by 23% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 48% m-o-m. Over the period under review, average import prices reached the maximum at $8.8 per unit in June 2023; however, from July 2023 to November 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Spain ($6.1 per unit), while the price for Italy totaled $5.2 per unit.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+0.5%), 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 Portugal (FOB) - 2022

In 2022, the average export price for non-electric iron or steel central heating radiators other than of cast iron amounted to $4.4 per unit, which is down by -53.8% against the previous year. In general, the export price showed a deep reduction. The pace of growth was the most pronounced in 2021 an increase of 68% against the previous year. Over the period under review, the average export prices hit record highs at $34 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($29 per unit), while the average price for exports to Spain totaled $3.9 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+364.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of non-electric iron or steel central heating radiators other than of cast iron into Portugal reduced modestly to 724K units, shrinking by -2.7% compared with 2021. Over the period under review, imports continue to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2021 with an increase of 2.8%. Imports peaked at 770K 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 rose modestly to $3.6M in 2022. The total import value increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 9.5%. 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 Portugal in 2022:

1. Spain (365.4K units)
2. Italy (269.1K units)
3. Turkey (58.9K units)
4. Liberia (20.9K units)

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

In 2022, exports of non-electric iron or steel central heating radiators other than of cast iron from Portugal soared to 147K units, jumping by 514% compared with 2021. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron surged to $641K in 2022. Overall, exports saw resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Spain (143.5K units)
2. France (1.8K units)
3. Italy (0.2K units)

Source: IndexBox Market Intelligence Platform