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

Contents:

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

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

The average import price for non-electric iron or steel central heating radiators other than of cast iron stood at $1.8 per unit in 2022, dropping by -16.7% against the previous year. In general, the import price saw a perceptible curtailment. The growth pace was the most rapid in 2021 an increase of 40% against the previous year. The import price peaked at $2.4 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($4.4 per unit), while the price for China ($0.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+8.0%), 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 Russia (FOB) - 2022

The average export price for non-electric iron or steel central heating radiators other than of cast iron stood at $2.5 per unit in 2022, reducing by -9% against the previous year. Overall, the export price saw a abrupt descent. The pace of growth was the most pronounced in 2016 an increase of 36%. Over the period under review, the average export prices reached the maximum at $8.2 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mongolia ($3.3 per unit), while the average price for exports to China ($1.4 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 Azerbaijan (+6.4%), 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 Russia

In 2022, supplies from abroad of non-electric iron or steel central heating radiators other than of cast iron was finally on the rise to reach 41M units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a abrupt slump. Imports peaked at 58M 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 declined to $75M in 2022. Overall, imports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 0.2% against the previous year. Over the period under review, imports of attained the peak figure at $91M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. China (15.0M units)
2. Turkey (12.5M units)
3. Germany (7.2M units)
4. Poland (2.9M units)
5. Italy (0.6M units)
6. Slovakia (0.4M units)

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

In 2022, shipments abroad of non-electric iron or steel central heating radiators other than of cast iron decreased by -8.5% to 6.6M units for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. Over the period under review, the exports of hit record highs at 7.2M units in 2021, and then contracted in the following year.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron contracted sharply to $16M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +18.1% 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 +64.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 50% against the previous year. As a result, the exports reached the peak of $20M, and then shrank markedly in the following year.

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

1. Uzbekistan (2389.3K units)
2. Kazakhstan (2007.4K units)
3. China (581.1K units)
4. Armenia (552.7K units)
5. Latvia (472.1K units)
6. Mongolia (187.3K units)
7. Azerbaijan (151.9K units)

Source: IndexBox Market Intelligence Platform