Report Update: May 1, 2024

New Zealand - Radiators for Central Heating (not Electrically Heated) - Market Analysis, Forecast, Size, Trends And Insights

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Radiator Price in New Zealand - 2023

Radiator Price in New Zealand (CIF) - 2022

The average radiator import price stood at $7,308 per ton in 2021, with a decrease of -19.5% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, radiator import price increased by +57.4% against 2018 indices. The pace of growth appeared the most rapid in 2020 an increase of 74%. As a result, import price reached the peak level of $9,074 per ton, and then shrank remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($13,605 per ton), while the price for the Czech Republic ($539 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Radiator Price in New Zealand (FOB) - 2022

The average radiator export price stood at $30,971 per ton in 2021, which is down by -40.7% against the previous year. Over the period under review, the export price, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2015 an increase of 7,990% against the previous year. Over the period under review, the average export prices hit record highs at $491,553 per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($93,286 per ton), while the average price for exports to Germany ($15,492 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cook Islands (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.

Radiator Imports in New Zealand

In 2022, radiator imports into New Zealand soared to 340 tons, increasing by 76% compared with the year before. In general, imports enjoyed a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 107% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, radiator imports reached $1.6M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 67% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Radiator in New Zealand (Thousand USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
Australia	62.2	8.5	377	146.2%
Germany	10.1	5.4	214	360.3%
Italy	522	530	180	-41.3%
Belgium	30.3	26.5	177	141.7%
Austria	132	63.6	106	-10.4%
Czech Republic	N/A	0.1	100	99900.0%
Turkey	88.0	90.4	76.0	-7.1%
Netherlands	158	131	45.4	-46.4%
Poland	34.7	37.2	24.8	-15.5%
China	35.6	10.2	8.1	-52.3%
Others	52.5	-58.9	101	38.7%
Total	1,125	844	1,409	11.9%

Top Suppliers of Radiator to New Zealand in 2022:

Czech Republic (186.1 tons)
Australia (128.5 tons)
Turkey (36.1 tons)
Italy (30.7 tons)
Austria (27.4 tons)
Germany (15.7 tons)
Belgium (14.7 tons)
Netherlands (11.2 tons)
Poland (6.7 tons)
China (1.0 tons)

Radiator Exports in New Zealand

In 2022, radiator exports from New Zealand expanded sharply to 836 kg, surging by 11% against 2021. In general, exports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 321% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, radiator exports contracted notably to $15K in 2022. Over the period under review, exports, however, saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 150% against the previous year.

Export of Radiator in New Zealand (Thousand USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
Australia	10.2	4.1	4.6	-32.8%
Germany	N/A	4.1	1.9	-53.7%
Samoa	1.5	8.2	1.7	6.5%
United Kingdom	0.2	N/A	0.7	87.1%
Fiji	2.6	0.2	0.5	-56.1%
Kiribati	0.2	0.4	0.4	41.4%
Cook Islands	2.1	0.5	0.2	-69.1%
French Polynesia	3.1	N/A	N/A	0%
Saudi Arabia	1.5	N/A	N/A	0%
Others	4.4	-8.2	13.3	73.9%
Total	25.7	9.3	23.4	-4.6%

Top Export Markets for Radiator from New Zealand in 2022:

Australia (141.0 kg)
Germany (124.0 kg)
Samoa (53.0 kg)
Kiribati (21.0 kg)
Fiji (9.0 kg)
Cook Islands (9.0 kg)
United Kingdom (7.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for non-electric central heating radiator in New Zealand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25211100 - Radiators for central heating, not electrically heated, and parts thereof, of iron or steel

Country coverage:

New Zealand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in New Zealand
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023