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

Contents:

  1. Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Ireland (CIF) - 2023
  2. Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Ireland (FOB) - 2023
  3. Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Ireland
  4. Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Ireland

Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Ireland (CIF) - 2023

The average import price for non-electric iron or steel central heating radiators of cast iron stood at $15.1 per unit in November 2023, dropping by -39.3% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 199% m-o-m. As a result, import price attained the peak level of $40.1 per unit. From April 2023 to November 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($43.0 per unit), while the price for Turkey stood at $11.2 per unit.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the UK (+0.5%).

Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Ireland (FOB) - 2023

In November 2023, the average export price for non-electric iron or steel central heating radiators of cast iron amounted to $53.4 per unit, rising by 2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in December 2022 an increase of 32% m-o-m. As a result, the export price reached the peak level of $58.9 per unit. From January 2023 to November 2023, the the average export prices failed to regain momentum.

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

From November 2022 to November 2023, the rate of growth in terms of prices for the UK amounted to +1.5% per month.

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

In 2022, approx. 165K units of non-electric iron or steel central heating radiators of cast iron were imported into Ireland; jumping by 33% against the previous year. Overall, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 123%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, imports of non-electric iron or steel central heating radiators of cast iron surged to $2.8M in 2022. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 95% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey51.02749911,415202.7%
United Kingdom4715024701,23738.0%
China3270.213.46.5-72.9%
Denmark54.8N/A1.0N/A-86.5%
Others66.36.146.818039.5%
Total9707811,5222,84043.1%

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

  1. Turkey (124.8K units)
  2. United Kingdom (34.2K units)
  3. China (0.2K units)

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

For the fourth consecutive year, Ireland recorded growth in shipments abroad of non-electric iron or steel central heating radiators of cast iron, which increased by 6.7% to 6.4K units in 2022. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 91% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of non-electric iron or steel central heating radiators of cast iron declined to $294K in 2022. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 118% against the previous year. Over the period under review, the exports of reached the peak figure at $321K in 2021, and then declined in the following year.

Export of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom75.244.413228355.5%
United States13.014718910.5-6.9%
OthersN/A0.5N/AN/A0%
Total88.219232129449.4%

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

  1. United Kingdom (6.2K units)
  2. United States (0.2K units)

Source: IndexBox Market Intelligence Platform

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