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

Contents:

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

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

The average import price for non-electric iron or steel central heating radiators other than of cast iron stood at $15 per unit in 2022, jumping by 32% against the previous year. In general, the import price, however, recorded a perceptible contraction. The import price peaked at $26 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($47 per unit), while the price for the United States ($4.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.3%), 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 Thailand (FOB) - 2022

In 2022, the average export price for non-electric iron or steel central heating radiators other than of cast iron amounted to $11 per unit, with a decrease of -57% against the previous year. Over the period under review, the export price, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2016 an increase of 619% against the previous year. As a result, the export price attained the peak level of $31 per unit. From 2017 to 2022, the average export prices remained at a lower figure.

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 Australia ($88 per unit), while the average price for exports to Myanmar ($2.5 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 Japan (+11.9%), 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 Thailand

In 2022, after three years of growth, there was significant decline in supplies from abroad of non-electric iron or steel central heating radiators other than of cast iron, when their volume decreased by -20.8% to 175K units. Over the period under review, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 76%. As a result, imports reached the peak of 220K units, and then fell dramatically in the following year.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron rose modestly to $2.7M in 2022. The total import value increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 35%. Over the period under review, imports of reached the maximum 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 Thailand in 2022:

1. United States (79.2K units)
2. China (76.5K units)
3. Malaysia (11.6K units)
4. Japan (3.2K units)
5. Hong Kong SAR (1.3K units)

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

In 2022, after two years of decline, there was significant growth in shipments abroad of non-electric iron or steel central heating radiators other than of cast iron, when their volume increased by 325% to 17K units. In general, exports, however, showed a abrupt curtailment. Over the period under review, the exports of attained the maximum at 33K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron skyrocketed to $194K in 2022. Over the period under review, exports saw a relatively flat trend pattern. 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 Thailand in 2022:

1. Cambodia (12.4K units)
2. Myanmar (1.3K units)
3. Philippines (1.2K units)
4. Vietnam (0.4K units)
5. Australia (0.3K units)
6. Malaysia (0.3K units)
7. Japan (0.2K units)
8. Lao People's Democratic Republic (0.1K units)
9. Indonesia (0.1K units)

Source: IndexBox Market Intelligence Platform