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

Contents:

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

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

The average import price for non-electric iron or steel central heating radiators other than of cast iron stood at $3.3 per unit in November 2023, increasing by 3.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The pace of growth appeared the most rapid in April 2023 an increase of 15% against the previous month. The import price peaked at $3.4 per unit in July 2023; however, from August 2023 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Switzerland ($9.0 per unit), while the price for Turkey ($3.0 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for non-electric iron or steel central heating radiators other than of cast iron stood at $4.3 per unit in November 2023, reducing by -9.4% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 43% against the previous month. Over the period under review, the average export prices hit record highs at $5.1 per unit in May 2023; however, from June 2023 to November 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Kyrgyzstan ($8.9 per unit), while the average price for exports to Iceland ($3.2 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of non-electric iron or steel central heating radiators other than of cast iron imported into Germany amounted to 116M units, rising by 3.8% against the previous year. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 6% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron reduced to $342M in 2022. The total import value increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 15% against the previous year. As a result, imports reached the peak of $346M, and then contracted slightly in the following year.

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

1. Poland (36.1M units)
2. Italy (21.4M units)
3. Czech Republic (18.4M units)
4. Belgium (8.7M units)
5. Netherlands (8.3M units)
6. Hungary (7.5M units)
7. Turkey (7.3M units)
8. Austria (4.9M units)

Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Germany

In 2022, the amount of non-electric iron or steel central heating radiators other than of cast iron exported from Germany dropped rapidly to 57M units, waning by -20.8% against 2021 figures. Overall, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 19%. As a result, the exports attained the peak of 73M units, and then shrank rapidly in the following year.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron reduced to $225M in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. As a result, the exports attained the peak of $249M, and then fell in the following year.

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

1. France (11.2M units)
2. Italy (7.7M units)
3. Austria (5.6M units)
4. Poland (5.4M units)
5. Belgium (4.4M units)
6. Russia (4.4M units)
7. Netherlands (2.9M units)
8. United Kingdom (2.7M units)
9. Czech Republic (2.6M units)
10. Switzerland (1.5M units)
11. Slovakia (1.4M units)
12. Romania (0.8M units)
13. China (0.1M units)

Source: IndexBox Market Intelligence Platform