Canada: Market for Radiators for Central Heating (not Electrically Heated) 2024

Market Size for Radiators for Central Heating (not Electrically Heated) in Canada

The Canadian non-electric central heating radiator market shrank slightly to $X in 2022, standing approx. at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Non-electric central heating radiator consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Production of Radiators for Central Heating (not Electrically Heated) in Canada

In value terms, non-electric central heating radiator production shrank slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. Non-electric central heating radiator production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

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Exports of Radiators for Central Heating (not Electrically Heated)

Exports from Canada

In 2022, approx. X units of radiators for central heating (not electrically heated) were exported from Canada; waning by X% compared with the previous year's figure. Over the period under review, exports saw a deep setback. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, non-electric central heating radiator exports fell sharply to $X in 2022. In general, exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2019 when exports increased by X%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for non-electric central heating radiator exports from Canada, with a X% share of total exports. It was followed by Saudi Arabia (X units), with less than X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled X%.

In value terms, the United States ($X) remains the key foreign market for radiators for central heating (not electrically heated) exports from Canada, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with less than X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%.

Export Prices by Country

The average non-electric central heating radiator export price stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the export price continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit, and then dropped in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Saudi Arabia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%).

Imports of Radiators for Central Heating (not Electrically Heated)

Imports into Canada

In 2022, overseas purchases of radiators for central heating (not electrically heated) decreased by X% to X units, falling for the second year in a row after two years of growth. In general, imports, however, continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, non-electric central heating radiator imports rose slightly to $X in 2022. Over the period under review, imports, however, showed a resilient increase. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of non-electric central heating radiator to Canada, with a X% share of total imports. Moreover, non-electric central heating radiator imports from the United States exceeded the figures recorded by the second-largest supplier, Belgium (X units), twofold. Poland (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Poland (X% per year).

In value terms, the United States ($X) constituted the largest supplier of radiators for central heating (not electrically heated) to Canada, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Poland (X% per year).

Import Prices by Country

The average non-electric central heating radiator import price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. 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 countries with the highest prices were the United States ($X per unit) and Italy ($X per unit), while the price for Turkey ($X per unit) and Belgium ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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