Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Azerbaijan - 2023

Contents:

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

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

The average import price for non-electric iron or steel central heating radiators of cast iron stood at $11 per unit in 2022, dropping by -24.1% against the previous year. Overall, the import price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2016 an increase of 56%. Over the period under review, average import prices reached the peak figure at $15 per unit in 2021, and then reduced notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($35 per unit), while the price for Turkey ($9.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for non-electric iron or steel central heating radiators of cast iron stood at $13 per unit in 2022, rising by 2.9% against the previous year. Overall, the export price, however, saw a drastic downturn. Over the period under review, the average export prices hit record highs at $21 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Georgia.

From 2016 to 2022, the rate of growth in terms of prices for Georgia amounted to -7.6% per year.

Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Azerbaijan

For the third year in a row, Azerbaijan recorded decline in overseas purchases of non-electric iron or steel central heating radiators of cast iron, which decreased by -48.1% to 6.7K units in 2022. In general, imports showed a sharp slump. The smallest decline of -7.2% was in 2021. Over the period under review, imports of reached the maximum at 30K 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 of cast iron reduced markedly to $77K in 2022. Over the period under review, imports saw a sharp curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 34%. Imports peaked at $231K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

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

1. Turkey (5.9K units)
2. Italy (0.5K units)
3. China (0.4K units)

Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Azerbaijan

In 2022, after two years of decline, there was significant decline in overseas shipments of non-electric iron or steel central heating radiators of cast iron, when their volume decreased by -51.5% to 16 units. In general, exports faced a sharp decrease. The exports peaked at 61 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of non-electric iron or steel central heating radiators of cast iron declined sharply to $207 in 2022. Overall, exports saw a precipitous setback. Over the period under review, the exports of hit record highs at $648 in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. Georgia (16.0 units)

Source: IndexBox Market Intelligence Platform