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

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

The South Asian non-electric central heating radiator market amounted to $X in 2022, remaining constant against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

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

In value terms, non-electric central heating radiator production expanded modestly 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; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Radiators for Central Heating (not Electrically Heated)

Exports in Southern Asia

In 2022, the amount of radiators for central heating (not electrically heated) exported in Southern Asia surged to X units, increasing by X% against the previous year. Over the period under review, exports, however, saw a abrupt decrease. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, non-electric central heating radiator exports soared to $X in 2022. Overall, exports, however, recorded a mild decrease. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Pakistan (X units) and India (X units) was the largest exporter of radiators for central heating (not electrically heated) in Southern Asia, creating X% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Pakistan (with a CAGR of X%).

In value terms, India ($X) remains the largest non-electric central heating radiator supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Pakistan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in India amounted to X%.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period under review, the export price, however, saw a notable increase. The growth pace was the most rapid in 2021 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit, and then reduced sharply in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per unit), while Pakistan totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%).

Imports of Radiators for Central Heating (not Electrically Heated)

Imports in Southern Asia

In 2022, approx. X units of radiators for central heating (not electrically heated) were imported in Southern Asia; rising by X% against 2021 figures. Overall, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The volume of import peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, non-electric central heating radiator imports reached $X in 2022. Over the period under review, imports enjoyed measured growth. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Afghanistan was the largest importer of radiators for central heating (not electrically heated) in Southern Asia, with the volume of imports reaching X units, which was near X% of total imports in 2022. India (X units) held the second position in the ranking, distantly followed by Pakistan (X units). All these countries together took near X% share of total imports.

Afghanistan was also the fastest-growing in terms of the radiators for central heating (not electrically heated) imports, with a CAGR of X% from 2012 to 2022. At the same time, India (X%) and Pakistan (X%) displayed positive paces of growth. From 2012 to 2022, the share of Afghanistan increased by X percentage points.

In value terms, India ($X), Afghanistan ($X) and Pakistan ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Among the main importing countries, Afghanistan, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the import price showed a abrupt setback. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per unit), while Afghanistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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