Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Latvia - 2023
Contents:
- Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Latvia (FOB) - 2023
- Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Latvia (CIF) - 2022
- Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Latvia
- Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Latvia
Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Latvia (FOB) - 2023
The average export price for non-electric iron or steel central heating radiators of cast iron stood at $118 per unit in November 2023, dropping by -10.4% against the previous month. Overall, the export price, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 295% m-o-m. Over the period under review, the average export prices attained the peak figure at $156 per unit in June 2023; however, from July 2023 to November 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Finland ($139 per unit), while the average price for exports to Estonia ($16.9 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Latvia (CIF) - 2022
The average import price for non-electric iron or steel central heating radiators of cast iron stood at $31 per unit in 2022, picking up by 48% against the previous year. In general, the import price saw a resilient increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 58%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Estonia ($98 per unit), while the price for the UK ($16 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+30.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Latvia
For the fourth year in a row, Latvia recorded growth in overseas shipments of non-electric iron or steel central heating radiators of cast iron, which increased by 13,982% to 435K units in 2022. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of non-electric iron or steel central heating radiators of cast iron skyrocketed to $12M in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | N/A | 0.1 | N/A | 10.4 | 919.8% |
| Denmark | N/A | N/A | N/A | 0.7 | 0% |
| Others | N/A | N/A | 0.1 | 0.7 | 600.0% |
| Total | N/A | 0.1 | 0.1 | 11.9 | 990.9% |
Top Export Markets for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron from Latvia in 2022:
- Sweden (400.8K units)
- Denmark (28.9K units)
Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Latvia
For the third year in a row, Latvia recorded decline in supplies from abroad of non-electric iron or steel central heating radiators of cast iron, which decreased by -35% to 10K units in 2022. In general, imports saw a sharp curtailment. The smallest decline of -17.3% was in 2020. Imports peaked at 24K 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 shrank slightly to $320K in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 31% against the previous year. As a result, imports reached the peak of $382K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 27.3 | 54.6 | 10.9 | 66.8 | 34.8% |
| Estonia | 52.4 | 120 | 105 | 66.6 | 8.3% |
| Czech Republic | 125 | 81.1 | 26.8 | 57.0 | -23.0% |
| Turkey | N/A | 2.0 | 96.2 | 55.7 | 427.7% |
| China | 26.1 | 46.3 | 54.3 | 35.5 | 10.8% |
| Lithuania | 10.5 | 53.7 | 20.0 | 20.0 | 24.0% |
| United Kingdom | 10.4 | 5.8 | 10.3 | 10.9 | 1.6% |
| Others | 39.5 | 18.5 | 9.3 | 7.7 | -42.0% |
| Total | 292 | 382 | 333 | 320 | 3.1% |
Top Suppliers of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron to Latvia in 2022:
- Czech Republic (2.6K units)
- Turkey (2.3K units)
- China (2.1K units)
- Poland (1.2K units)
- Estonia (0.7K units)
- Lithuania (0.7K units)
- United Kingdom (0.7K units)
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This report provides an in-depth analysis of the market for non-electric central heating radiator in Latvia.
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This report provides an in-depth analysis of the non-electric air heater market in Latvia.
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This report provides an in-depth analysis of the global market for non-electric central heating radiator.
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1759
In value terms, radiators for central heating imports stood at $X in 2016. Overall, radiators for central heating imports continue to indicate a slight decrease. Global radiators for central heatin...
937
In value terms, radiators for central heating exports amounted to $X in 2016. In general, radiators for central heating exports continue to indicate a measured drop. Global radiators for central he...
57
Explore the top import markets for non-electric air heaters and understand the global demand for efficient heating solutions. Learn about the key countries driving the import of non-electric air heaters.
