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

Contents:

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

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

In 2022, the average import price for non-electric iron or steel central heating radiators of cast iron amounted to $8.1 per unit, rising by 24% against the previous year. In general, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for non-electric iron or steel central heating radiators of cast iron increased by +99.7% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 61%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($15 per unit), while the price for China totaled $8 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for non-electric iron or steel central heating radiators of cast iron amounted to $6.3 per unit, with a decrease of -9.9% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 20%. The export price peaked at $7.5 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($11 per unit), while the average price for exports to Germany ($4.4 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 the Czech Republic (+0.9%), while the prices for the other major destinations experienced a decline.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of non-electric iron or steel central heating radiators of cast iron, when their volume decreased by -40.9% to 1.3M units. In general, imports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 62% against the previous year. As a result, imports attained the peak of 2.2M units, and then plummeted in the following year.

In value terms, imports of non-electric iron or steel central heating radiators of cast iron declined remarkably to $11M in 2022. Overall, imports, however, showed significant growth. The growth pace was the most rapid in 2021 with an increase of 162% against the previous year. As a result, imports reached the peak of $14M, and then contracted rapidly in the following year.

Import of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.54.313.410.130.9%
Turkey0.30.30.70.410.1%
Armenia0.10.70.2N/A41.4%
Others0.50.10.1N/A-55.3%
Total5.35.514.410.525.6%

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

  1. China (1260.2K units)
  2. Turkey (29.8K units)

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

After two years of decline, overseas shipments of non-electric iron or steel central heating radiators of cast iron increased by 27% to 586K units in 2022. In general, exports, however, saw a deep reduction. Over the period under review, the exports of hit record highs at 1.1M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of non-electric iron or steel central heating radiators of cast iron expanded rapidly to $3.7M in 2022. Overall, exports, however, showed a deep reduction. Over the period under review, the exports of reached the peak figure at $6.5M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan2.31.10.91.8-7.8%
Kyrgyzstan0.40.10.21.555.4%
Czech RepublicN/AN/AN/A0.20%
GermanyN/AN/AN/A0.10%
Belarus3.52.82.2N/A-20.7%
Others0.20.1N/A0.1-20.6%
Total6.54.23.23.7-17.1%

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

  1. Kazakhstan (312.3K units)
  2. Kyrgyzstan (234.1K units)
  3. Germany (21.0K units)
  4. Czech Republic (16.5K units)

Source: IndexBox Market Intelligence Platform

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