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

Contents:

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

Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Romania (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 $1.5 per unit, flattening at the previous month. Over the period under review, the import price, however, saw a mild descent. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 5.7% m-o-m. As a result, import price reached the peak level of $1.8 per unit. From January 2023 to November 2023, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From November 2022 to November 2023, the rate of growth in terms of prices for Poland amounted to +0.8% per month.

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

The average export price for non-electric iron or steel central heating radiators other than of cast iron stood at $4.8 per unit in November 2023, shrinking by -9.2% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 18% m-o-m. The export price peaked at $5.9 per unit in June 2023; however, from July 2023 to November 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($17.7 per unit), while the average price for exports to Serbia ($1.8 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 Spain (+4.1%), 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 Romania

Imports of non-electric iron or steel central heating radiators other than of cast iron into Romania shrank sharply to 49M units in 2022, reducing by -29.8% against 2021. Over the period under review, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 7.3% against the previous year. As a result, imports attained the peak of 69M units, and then fell sharply in the following year.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron fell remarkably to $81M in 2022. Overall, total imports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +2.6% 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 +9.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43%. As a result, imports attained the peak of $106M, and then dropped significantly in the following year.

Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey49.248.569.955.74.2%
Poland7.88.412.79.56.8%
Italy2.93.25.34.314.0%
Germany3.42.23.21.7-20.6%
Hungary1.82.12.21.6-3.9%
Bulgaria3.53.22.41.4-26.3%
Others6.76.410.57.12.0%
Total75.174.010681.22.6%

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

  1. Turkey (37.5M units)
  2. Poland (5.0M units)
  3. Italy (1.1M units)
  4. Hungary (0.8M units)
  5. Germany (0.7M units)
  6. Bulgaria (0.7M units)

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

Exports of non-electric iron or steel central heating radiators other than of cast iron from Romania shrank to 5.8M units in 2022, with a decrease of -7.6% compared with the previous year's figure. The total export volume increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 23% against the previous year. As a result, the exports reached the peak of 6.2M units, and then declined in the following year.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron fell modestly to $26M in 2022. The total export value increased at an average annual rate of +7.3% over the period from 2019 to 2022; 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 30%. As a result, the exports reached the peak of $27M, and then fell in the following year.

Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy9.39.113.313.713.8%
Germany3.33.94.33.52.0%
Spain1.91.72.32.13.4%
France1.92.12.21.90.0%
Poland1.11.01.51.35.7%
United Kingdom1.41.00.90.8-17.0%
Moldova0.10.10.10.681.7%
Belgium0.70.60.70.6-5.0%
Hungary0.10.30.40.344.2%
Others1.61.21.61.5-2.1%
Total21.421.027.426.47.2%

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

  1. Italy (3037.7K units)
  2. Germany (664.6K units)
  3. France (395.1K units)
  4. Moldova (330.5K units)
  5. Spain (309.2K units)
  6. Poland (278.4K units)
  7. Hungary (178.8K units)
  8. Belgium (118.0K units)
  9. United Kingdom (56.6K units)

Source: IndexBox Market Intelligence Platform

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