Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Ecuador - 2022
Contents:
- Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Ecuador (CIF) - 2022
- Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Ecuador
Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Ecuador (CIF) - 2022
In 2022, the average import price for non-electric iron or steel central heating radiators of cast iron amounted to $65 per unit, jumping by 61% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average import price increased by 66%. As a result, import price reached the peak level of $84 per unit. From 2014 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($105 per unit), while the price for the United States ($28 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+85.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Ecuador
In 2022, approx. 156 units of non-electric iron or steel central heating radiators of cast iron were imported into Ecuador; reducing by -84.5% on the previous year. Overall, imports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 611% against the previous year. As a result, imports reached the peak of 1K units, and then fell significantly in the following year.
In value terms, imports of non-electric iron or steel central heating radiators of cast iron dropped markedly to $10K in 2022. In general, imports continue to indicate a precipitous shrinkage. The growth pace was the most rapid in 2021 when imports increased by 436%. As a result, imports attained the peak of $41K, and then declined significantly in the following year.
| Import of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 6.8 | 1.2 | 9.0 | 7.3 | 2.4% |
| China | 0.2 | 0.1 | 2.1 | 2.7 | 138.1% |
| United States | 13.0 | 1.4 | 1.5 | 0.1 | -80.3% |
| Italy | 0.7 | 0.5 | 4.9 | N/A | 164.6% |
| Canada | 6.7 | 3.6 | 19.4 | N/A | 70.2% |
| Others | 1.4 | 0.8 | 3.8 | N/A | 64.8% |
| Total | 28.8 | 7.6 | 40.7 | 10.2 | -29.2% |
Top Suppliers of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron to Ecuador in 2022:
- China (83.0 units)
- Japan (70.0 units)
- United States (2.0 units)
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