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

Contents:

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

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

The average import price for non-electric iron or steel central heating radiators of cast iron stood at $24 per unit in 2022, rising by 6.1% against the previous year. Overall, the import price recorded a modest increase. The growth pace was the most rapid in 2014 when the average import price increased by 100%. As a result, import price reached the peak level of $55 per unit. From 2015 to 2022, the average import prices remained at a lower figure.

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 Poland ($117 per unit), while the price for Romania ($12 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for non-electric iron or steel central heating radiators of cast iron stood at $110 per unit in 2022, surging by 106% against the previous year. In general, the export price showed buoyant growth. The growth pace was the most rapid in 2021 an increase of 334%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($272 per unit), while the average price for exports to Slovakia ($42 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+35.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth consecutive year, Hungary recorded growth in overseas purchases of non-electric iron or steel central heating radiators of cast iron, which increased by 55% to 38K units in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +19.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of non-electric iron or steel central heating radiators of cast iron surged to $922K in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Germany (26.1K units)
2. Romania (6.4K units)
3. Poland (2.3K units)
4. Slovakia (1.4K units)
5. United Kingdom (1.1K units)
6. Austria (0.3K units)

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

In 2022, shipments abroad of non-electric iron or steel central heating radiators of cast iron decreased by -26.1% to 85 units, falling for the second year in a row after two years of growth. Over the period under review, exports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 370% against the previous year. As a result, the exports attained the peak of 1.5K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of non-electric iron or steel central heating radiators of cast iron skyrocketed to $9.3K in 2022. In general, exports saw a dramatic curtailment. The exports peaked at $25K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. Romania (58.0 units)
2. Switzerland (20.0 units)
3. Slovakia (7.0 units)

Source: IndexBox Market Intelligence Platform