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

Contents:

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

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

The average export price for non-electric iron or steel central heating radiators other than of cast iron stood at $4.3 per unit in November 2023, stabilizing at the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 8.2% month-to-month. Over the period under review, the average export prices attained the peak figure at $4.7 per unit in May 2023; however, from June 2023 to November 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Switzerland ($6.5 per unit), while the average price for exports to Romania ($2.6 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 Sweden (+2.0%), 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 the Czech Republic (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 $2.7 per unit, almost unchanged from the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 21% m-o-m. As a result, import price attained the peak level of $2.9 per unit. From January 2023 to November 2023, the average import prices remained at a somewhat 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 Germany ($3.8 per unit), while the price for Bulgaria ($2.3 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.0%), 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 the Czech Republic

In 2022, approx. 39M units of non-electric iron or steel central heating radiators other than of cast iron were exported from the Czech Republic; waning by -15% on the previous year's figure. In general, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 8.9% against the previous year. As a result, the exports attained the peak of 46M units, and then dropped dramatically in the following year.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron reduced to $156M in 2022. The total export value increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, the exports attained the peak of $168M, and then shrank in the following year.

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

1. Germany (18.3M units)
2. Slovakia (3.5M units)
3. Belgium (3.1M units)
4. Switzerland (2.0M units)
5. Austria (1.9M units)
6. Netherlands (1.6M units)
7. Italy (1.3M units)
8. Poland (1.3M units)
9. Sweden (1.1M units)
10. Slovenia (0.6M units)

Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in the Czech Republic

In 2022, imports of non-electric iron or steel central heating radiators other than of cast iron into the Czech Republic contracted to 26M units, which is down by -10.7% on 2021 figures. The total import volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. As a result, imports reached the peak of 29M units, and then dropped in the following year.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron fell modestly to $65M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.4% 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 +49.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53%. As a result, imports attained the peak of $67M, and then reduced slightly in the following year.

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

1. Bulgaria (11.6M units)
2. Germany (4.2M units)
3. Hungary (3.0M units)
4. Turkey (2.3M units)
5. Poland (2.1M units)
6. Slovakia (1.4M units)
7. Netherlands (0.4M units)

Source: IndexBox Market Intelligence Platform