Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Malaysia - 2024

Contents:

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

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

In 2022, the average export price for non-electric iron or steel central heating radiators of cast iron amounted to $69 per unit, dropping by -19.7% against the previous year. Over the period under review, the export price, however, enjoyed a significant increase. The growth pace was the most rapid in 2013 an increase of 157% against the previous year. The export price peaked at $85 per unit in 2021, and then contracted rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($78 per unit), while the average price for exports to Thailand stood at $29 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+10.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for non-electric iron or steel central heating radiators of cast iron stood at $18 per unit in 2022, with an increase of 39% against the previous year. In general, the import price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2020 an increase of 40% against the previous year. The import price peaked at $46 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 the United States ($99 per unit), while the price for China ($12 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+94.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of non-electric iron or steel central heating radiators of cast iron exported from Malaysia fell rapidly to 1.4K units, reducing by -62.9% on 2021. In general, exports recorded a precipitous contraction. The growth pace was the most rapid in 2021 with an increase of 49% against the previous year. As a result, the exports reached the peak of 3.9K units, and then declined markedly in the following year.

In value terms, exports of non-electric iron or steel central heating radiators of cast iron shrank notably to $98K in 2022. Over the period under review, exports saw a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 177% against the previous year. As a result, the exports reached the peak of $331K, and then contracted dramatically in the following year.

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

1. Singapore (1163.0 units)
2. Thailand (274.0 units)

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

After two years of decline, purchases abroad of non-electric iron or steel central heating radiators of cast iron increased by 72% to 1.2K units in 2022. Overall, imports, however, faced a sharp decrease. Imports peaked at 14K 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 skyrocketed to $22K in 2022. In general, imports, however, continue to indicate a precipitous curtailment. Imports peaked at $102K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. China (1102.0 units)
2. United States (76.0 units)
3. France (29.0 units)

Source: IndexBox Market Intelligence Platform