Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in South Africa - 2024

Contents:

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

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

The average export price for non-electric iron or steel central heating radiators other than of cast iron stood at $13 per unit in 2022, reducing by -15.5% against the previous year. Over the period under review, the export price, however, showed a buoyant increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 78%. As a result, the export price attained the peak level of $16 per unit, and then reduced markedly in the following year.

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 Namibia ($23 per unit), while the average price for exports to Zimbabwe ($4.2 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 Botswana (+15.8%), 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 South Africa (CIF) - 2022

The average import price for non-electric iron or steel central heating radiators other than of cast iron stood at $4.3 per unit in 2022, increasing by 53% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 92%. The import price peaked at $7.1 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($17 per unit), while the price for Turkey ($2.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.2%), 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 South Africa

In 2022, exports of non-electric iron or steel central heating radiators other than of cast iron from South Africa skyrocketed to 232K units, growing by 47% against the previous year. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 584% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron skyrocketed to $3M in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,121%. The exports peaked 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 South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom0.227.92,3692,7502295.7%
Zimbabwe1.335.03.286.1304.6%
Burkina Faso43.2N/AN/A55.48.6%
Lesotho51.67.010.351.90.2%
Namibia32.312.35.619.7-15.2%
Zambia42.81.73.97.1-45.1%
Botswana30.360.46.16.2-41.1%
Others11055.946.870.1-13.9%
Total3112002,4453,047114.0%

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

  1. United Kingdom (194.4K units)
  2. Zimbabwe (20.4K units)
  3. Lesotho (5.4K units)
  4. Burkina Faso (4.5K units)
  5. Zambia (1.2K units)
  6. Namibia (0.9K units)
  7. Botswana (0.5K units)

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

In 2022, supplies from abroad of non-electric iron or steel central heating radiators other than of cast iron decreased by -55.6% to 11K units, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2020 when imports increased by 61%. As a result, imports attained the peak of 25K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron dropped rapidly to $48K in 2022. Overall, imports showed a dramatic slump. The smallest decline of -10.5% was in 2020. Imports peaked at $106K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey8.418.729.314.620.2%
China8.98.17.114.216.9%
CroatiaN/AN/AN/A7.20%
ItalyN/A9.83.02.9-45.6%
United States25.720.30.10.3-77.3%
Nigeria1.4N/AN/AN/A0%
United Kingdom24.40.323.7N/A-1.4%
France23.60.9N/AN/A-96.2%
United Arab EmiratesN/A5.24.2N/A-19.2%
Others13.131.22.88.3-14.1%
Total10694.570.047.5-23.5%

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

  1. Turkey (6.2K units)
  2. China (0.8K units)
  3. Croatia (0.7K units)
  4. Italy (0.2K units)

Source: IndexBox Market Intelligence Platform

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