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

Contents:

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

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

In 2022, the average export price for non-electric iron or steel central heating radiators other than of cast iron amounted to $3 per unit, surging by 15% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 26% against the previous year. The export price peaked at $3.1 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($3 per unit), while the average price for exports to Canada ($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 Canada (+9.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for non-electric iron or steel central heating radiators other than of cast iron amounted to $3.5 per unit, jumping by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($3.5 per unit), while the price for China amounted to $3.5 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.4%).

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

In 2022, the amount of non-electric iron or steel central heating radiators other than of cast iron exported from Vietnam surged to 4.8M units, rising by 33% on the previous year. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron skyrocketed to $15M in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan5.26.86.87.513.0%
United States0.31.22.26.3175.9%
Canada0.30.50.60.732.6%
OthersN/AN/AN/AN/A0%
Total5.88.59.614.535.7%

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

  1. Japan (2.5M units)
  2. United States (2.1M units)
  3. Canada (0.2M units)

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

In 2022, approx. 85K units of non-electric iron or steel central heating radiators other than of cast iron were imported into Vietnam; dropping by -15.6% compared with 2021. Over the period under review, imports faced a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 25%. Over the period under review, imports of reached the peak figure at 601K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron reached $296K in 2022. In general, imports saw a sharp reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year. Over the period under review, imports of reached the peak figure at $1.6M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,554117183170-52.2%
Taiwan (Chinese)11.729.3100125120.2%
Others0.871.09.31.07.7%
Total1,566217292296-42.6%

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

  1. China (48.8K units)
  2. Taiwan (Chinese) (36.0K units)

Source: IndexBox Market Intelligence Platform

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