Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Bangladesh - 2022
Contents:
- Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Bangladesh (CIF) - 2022
- Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Bangladesh
Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Bangladesh (CIF) - 2022
The average import price for non-electric iron or steel central heating radiators of cast iron stood at $2.9 per unit in 2022, with a decrease of -35.8% against the previous year. Over the period under review, the import price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2013 an increase of 70% against the previous year. As a result, import price attained the peak level of $16 per unit. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($7.1 per unit), while the price for Singapore stood at $2.8 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.0%), while the prices for the other major suppliers experienced a decline.
Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Bangladesh
In 2022, the amount of non-electric iron or steel central heating radiators of cast iron imported into Bangladesh soared to 29K units, picking up by 190% on the previous year. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 855%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, imports of non-electric iron or steel central heating radiators of cast iron soared to $82K in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 629%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 7.9 | 5.5 | 43.5 | 77.8 | 114.3% |
| China | 1.5 | 0.5 | 0.4 | 4.0 | 38.7% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 9.6 | 6.0 | 43.9 | 81.8 | 104.2% |
Top Suppliers of Non-Electric Iron or Steel Central Heating Radiators of Cast Iron to Bangladesh in 2022:
- Singapore (28.1K units)
- China (0.6K units)
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