Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Nepal - 2022

Contents:

  1. Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Nepal (CIF) - 2022
  2. Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Nepal

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

The average import price for non-electric iron or steel central heating radiators of cast iron stood at $48 per unit in 2022, which is down by -13% against the previous year. Over the period under review, the import price, however, showed a strong expansion. The pace of growth was the most pronounced in 2016 an increase of 64% against the previous year. Over the period under review, average import prices attained the peak figure at $55 per unit in 2021, and then reduced in the following year.

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 Mexico ($414 per unit), while the price for China ($22 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.9%).

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

After two years of decline, supplies from abroad of non-electric iron or steel central heating radiators of cast iron increased by 3.9% to 188 units in 2022. Over the period under review, imports, however, showed a abrupt slump. Imports peaked at 292 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 to $9K in 2022. Overall, imports, however, continue to indicate a deep reduction. The smallest decline of -8.8% was in 2021. Over the period under review, imports of reached the maximum at $13K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India13.27.96.23.7-34.6%
MexicoN/AN/AN/A3.30%
China0.12.92.21.7157.1%
OthersN/AN/A1.50.3-80.0%
Total13.310.99.99.0-12.2%

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

  1. India (100.0 units)
  2. China (79.0 units)
  3. Mexico (8.0 units)

Source: IndexBox Market Intelligence Platform

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