Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Bangladesh - 2022
Contents:
- Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Bangladesh (CIF) - 2022
- Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Bangladesh
Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Bangladesh (CIF) - 2022
In 2022, the average import price for non-electric iron or steel central heating radiators other than of cast iron amounted to $14 per unit, rising by 52% against the previous year. In general, the import price posted a perceptible increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 73% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($29 per unit), while the price for Singapore ($5.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Bangladesh
For the third year in a row, Bangladesh recorded decline in supplies from abroad of non-electric iron or steel central heating radiators other than of cast iron, which decreased by -82.7% to 760 units in 2022. In general, imports recorded a sharp downturn. The smallest decline of -12.9% was in 2020. Imports peaked at 11K 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 other than of cast iron fell significantly to $11K in 2022. Over the period under review, imports continue to indicate a dramatic descent. The growth pace was the most rapid in 2020 when imports increased by 51% against the previous year. As a result, imports attained the peak of $70K. 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 Other than of Cast Iron in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 30.4 | 41.7 | 24.4 | 6.0 | -41.8% |
| Singapore | 6.4 | 11.3 | 8.6 | 2.7 | -25.0% |
| India | 1.5 | 8.7 | 3.5 | 0.6 | -26.3% |
| China | 0.2 | 0.2 | 0.1 | 0.6 | 44.2% |
| Germany | 6.6 | 5.8 | 2.1 | 0.3 | -64.3% |
| Others | 1.3 | 2.1 | 1.4 | 0.4 | -32.5% |
| Total | 46.3 | 69.9 | 40.2 | 10.6 | -38.8% |
Top Suppliers of Non-Electric Iron or Steel Central Heating Radiators Other than of Cast Iron to Bangladesh in 2022:
- Singapore (464.0 units)
- United Arab Emirates (204.0 units)
- India (36.0 units)
- China (26.0 units)
- Germany (23.0 units)
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