Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Azerbaijan - 2023

Contents:

1. Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Azerbaijan (CIF) - 2023
2. Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Azerbaijan

Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Azerbaijan (CIF) - 2023

In November 2023, the average import price for non-electric iron or steel central heating radiators other than of cast iron amounted to $1.5 per unit, shrinking by -11.3% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 280% month-to-month. As a result, import price attained the peak level of $7.3 per unit. From April 2023 to November 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Russia ($10.1 per unit), while the price for Iran ($1.2 per unit) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Russia (+13.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Azerbaijan

In 2022, the amount of non-electric iron or steel central heating radiators other than of cast iron imported into Azerbaijan dropped notably to 2.1M units, waning by -32.1% against 2021 figures. Overall, imports showed a dramatic setback. The smallest decline of -20.3% was in 2020. Imports peaked at 4.8M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron fell remarkably to $3.8M in 2022. Over the period under review, imports saw a precipitous descent. The smallest decline of -4.3% was in 2021. Over the period under review, imports of hit record highs at $8.3M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. Turkey (955.6K units)
2. Iran (338.3K units)
3. Ukraine (303.8K units)
4. Uzbekistan (294.3K units)
5. Russia (134.2K units)
6. China (4.0K units)

Source: IndexBox Market Intelligence Platform