Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the Philippines - 2023
Contents:
- Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the Philippines (CIF) - 2022
- Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the Philippines (FOB) - 2022
- Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the Philippines
- Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the Philippines
Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the Philippines (CIF) - 2022
In 2022, the average import price for non-electric iron or steel central heating radiators of cast iron amounted to $16 per unit, increasing by 13% against the previous year. In general, the import price recorded prominent growth. The pace of growth appeared the most rapid in 2013 an increase of 52% against the previous year. Over the period under review, average import prices attained the maximum at $24 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($16 per unit), while the price for Japan amounted to $16 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the Philippines (FOB) - 2022
The average export price for non-electric iron or steel central heating radiators of cast iron stood at $25 per unit in 2022, rising by 400% against the previous year. In general, the export price enjoyed a resilient expansion. The export price peaked at $40 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Guam.
From 2012 to 2022, the rate of growth in terms of prices for Micronesia amounted to -8.3% per year.
Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the Philippines
In 2022, purchases abroad of non-electric iron or steel central heating radiators of cast iron decreased by -33.2% to 8K units, falling for the second year in a row after two years of growth. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 3,330% against the previous year. As a result, imports attained the peak of 41K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of non-electric iron or steel central heating radiators of cast iron fell sharply to $127K in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 2,822%. As a result, imports attained the peak of $484K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 2.8 | 29.7 | 3.6 | 126 | 255.7% |
| China | 6.3 | 309 | 114 | 0.7 | -51.9% |
| Malaysia | 2.6 | 46.1 | 9.3 | N/A | 89.1% |
| Others | 4.9 | 99.6 | 40.8 | N/A | 188.6% |
| Total | 16.6 | 484 | 167 | 127 | 97.0% |
Top Suppliers of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron to the Philippines in 2022:
- Japan (7.9K units)
Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the Philippines
In 2022, approx. 12 units of non-electric iron or steel central heating radiators of cast iron were exported from the Philippines; growing by 1,100% on 2021. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached 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 soared to $300 in 2022. Overall, exports posted a significant expansion. As a result, the exports attained 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 the Philippines (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guam | N/A | N/A | N/A | 300 | 0% |
| Palau | 20.0 | N/A | 4.0 | N/A | -55.3% |
| Thailand | 4.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 1.0 | N/A | 0% |
| Total | 24.0 | N/A | 5.0 | 300 | 132.1% |
Top Export Markets for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron from the Philippines in 2022:
- Guam (12.0 units)
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