![Spain - Radiators for Central Heating (not Electrically Heated) - Market Analysis, Forecast, Size, Trends And Insights](/landing/img/reports/spain-radiators-for-central-heating-not-electrically-heated-market-analysis-forecast-size-trends-and-insights.webp)
Spain - Radiators for Central Heating (not Electrically Heated) - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSpain Sees a 13% Decrease in Imports of Central Heating Radiators Without Electricity, Dropping to $2.6M in October 2023.
Spain Non-Electric Central Heating Radiator Imports
After two months of decline, overseas purchases of radiators for central heating (not electrically heated) increased by 6.4% to 457K units in October 2023. In general, total imports indicated a mild expansion from October 2022 to October 2023: its volume increased at an average monthly rate of +1.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, imports decreased by -32.5% against May 2023 indices. The most prominent rate of growth was recorded in November 2022 with an increase of 51% month-to-month. Over the period under review, imports reached the maximum at 677K units in May 2023; however, from June 2023 to October 2023, imports stood at a somewhat lower figure.
In value terms, non-electric central heating radiator imports reduced to $2.6M (IndexBox estimates) in October 2023. Over the period under review, total imports indicated mild growth from October 2022 to October 2023: its value increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, imports increased by +3.3% against June 2023 indices. The pace of growth was the most pronounced in November 2022 with an increase of 55% m-o-m. Over the period under review, imports attained the peak figure at 4.5M units in March 2023; however, from April 2023 to October 2023, imports stood at a somewhat lower figure.
COUNTRY | Import Value of Non-Electric Central Heating Radiator in Spain (thousand USD) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | |
Italy | 788 | 1,575 | 1,754 | 929 | 1,486 | 2,585 | 1,670 | 1,809 | 1,020 | 1,759 | 974 | 1,679 | 1,442 |
Turkey | 558 | 491 | 288 | 533 | 321 | 390 | 298 | 682 | 500 | 545 | 727 | 506 | 618 |
Romania | 69.1 | 145 | 119 | N/A | 250 | 339 | N/A | 200 | 139 | 148 | 91.1 | 117 | 242 |
China | 184 | 313 | 166 | 326 | 252 | 125 | 268 | 280 | 178 | 73.1 | 222 | 174 | 91.3 |
Germany | 300 | 373 | 208 | 352 | 323 | 487 | 314 | 579 | 336 | 454 | 341 | 314 | 24.4 |
Others | 247 | 420 | 184 | 285 | 302 | 540 | 176 | 322 | 383 | 181 | 209 | 235 | 223 |
Total | 2,146 | 3,317 | 2,718 | 2,425 | 2,934 | 4,466 | 2,726 | 3,873 | 2,556 | 3,160 | 2,564 | 3,024 | 2,641 |
Imports by Country
Italy (214K units), Turkey (159K units) and China (28K units) were the main suppliers of non-electric central heating radiator imports to Spain, with a combined 88% share of total imports. Romania and Germany lagged somewhat behind, together comprising a further 5%.
From October 2022 to October 2023, the biggest increases were in Romania (with a CAGR of +6.8%), while purchases for the other leaders experienced mixed trend patterns.
In value terms, Italy ($1.4M) constituted the largest supplier of non-electric central heating radiator to Spain, comprising 55% of total imports. The second position in the ranking was taken by Turkey ($618K), with a 23% share of total imports. It was followed by Romania, with a 9.2% share.
From October 2022 to October 2023, the average monthly rate of growth in terms of value from Italy totaled +5.2%. The remaining supplying countries recorded the following average monthly rates of imports growth: Turkey (+0.9% per month) and Romania (+11.0% per month).
Imports by Type
In October 2023, non-electric iron or steel central heating radiators other than of cast iron (456K units) was the main type of non-electric central heating radiator supplied to Spain, with a 100% share of total imports. It was followed by non-electric iron or steel central heating radiators of cast iron (727 units), with a 0.2% share of total imports.
From October 2022 to October 2023, the average monthly rate of growth in terms of the volume of import of non-electric iron or steel central heating radiators other than of cast iron stood at +1.2%.
In value terms, non-electric iron or steel central heating radiators other than of cast iron ($2.6M) constituted the largest type of non-electric central heating radiator supplied to Spain, comprising 98% of total imports. The second position in the ranking was taken by non-electric iron or steel central heating radiators of cast iron ($52K), with a 2% share of total imports.
Import Prices by Country
In October 2023, the non-electric central heating radiator price stood at $5.8 per unit (CIF, Spain), dropping by -17.9% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 34% month-to-month. As a result, import price reached the peak level of $7,045 per thousand units, and then fell rapidly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($14.7 per unit), while the price for Egypt ($3.1 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Romania (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the market for non-electric central heating radiator in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023