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

Contents:

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

Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Sweden (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 $4.4 per unit, rising by 3% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in September 2023 an increase of 24% against the previous month. As a result, import price reached the peak level of $5.3 per unit. From October 2023 to November 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Turkey ($2.3 per unit), while the price for Ukraine stood at $1.5 per unit.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Poland (+6.1%), 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 Sweden (FOB) - 2022

The average export price for non-electric iron or steel central heating radiators other than of cast iron stood at $3.7 per unit in 2022, growing by 12% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 22% against the previous year. Over the period under review, the average export prices reached the maximum at $3.7 per unit in 2012; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($8.1 per unit), while the average price for exports to Turkey ($3 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 Turkey (+4.4%), 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 Sweden

In 2022, the amount of non-electric iron or steel central heating radiators other than of cast iron imported into Sweden soared to 16M units, growing by 34% on 2021. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +19.1% 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 +68.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron skyrocketed to $60M in 2022. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 53% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.

Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland5.419.013.821.658.7%
Turkey3.33.57.112.455.5%
Latvia8.98.911.311.79.5%
Czech Republic2.53.14.16.839.6%
Poland3.73.32.72.0-18.5%
Belgium1.20.80.81.916.6%
Germany0.80.90.91.523.3%
Others0.70.92.62.450.8%
Total26.540.443.360.331.5%

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

  1. Turkey (5.7M units)
  2. Latvia (2.8M units)
  3. Finland (2.7M units)
  4. Czech Republic (1.9M units)
  5. Poland (1.0M units)
  6. Belgium (0.6M units)
  7. Germany (0.3M units)

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

In 2022, shipments abroad of non-electric iron or steel central heating radiators other than of cast iron decreased by -35.6% to 3.1M units for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 15%. As a result, the exports reached the peak of 4.7M units, and then fell remarkably in the following year.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron fell sharply to $11M in 2022. Overall, exports recorded a slight descent. The growth pace was the most rapid in 2021 when exports increased by 38%. As a result, the exports attained the peak of $16M, and then declined rapidly in the following year.

Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland7.88.512.68.21.7%
Norway1.81.51.41.7-1.9%
Finland1.00.40.40.4-26.3%
Others1.10.91.21.0-3.1%
Total11.711.315.611.3-1.2%

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

  1. Poland (2679.5K units)
  2. Norway (225.7K units)
  3. Finland (46.0K units)

Source: IndexBox Market Intelligence Platform

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