Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Iran - 2022

Contents:

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

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

In 2022, the average export price for non-electric iron or steel central heating radiators other than of cast iron amounted to $1.4 per unit, reducing by -2.3% against the previous year. Over the period under review, the export price showed a abrupt downturn. The pace of growth was the most pronounced in 2016 an increase of 148%. As a result, the export price attained the peak level of $4.2 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Armenia ($1.8 per unit), while the average price for exports to Turkey ($0.7 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 Kazakhstan (+3.5%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for non-electric iron or steel central heating radiators other than of cast iron amounted to $2.2 per unit, dropping by -9.6% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.2% 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 other than of cast iron increased by +22.7% against 2020 indices. The growth pace was the most rapid in 2018 an increase of 49%. As a result, import price attained the peak level of $2.6 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +2.5% per year.

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

Exports of non-electric iron or steel central heating radiators other than of cast iron from Iran soared to 4.7M units in 2022, growing by 37% compared with the previous year. In general, exports saw buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 58% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron skyrocketed to $6.7M in 2022. Over the period under review, total exports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +2.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +101.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 51% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.

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

1. Georgia (2586.5K units)
2. Bulgaria (836.7K units)
3. Armenia (331.0K units)
4. Azerbaijan (294.8K units)
5. Turkey (285.7K units)
6. Romania (259.0K units)
7. Uzbekistan (114.2K units)

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

In 2022, the amount of non-electric iron or steel central heating radiators other than of cast iron imported into Iran skyrocketed to 1.2M units, growing by 66% against 2021. Over the period under review, imports enjoyed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron surged to $2.7M in 2022. Overall, imports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 52%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

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

1. Turkey (1227.6K units)
2. China (8.5K units)

Source: IndexBox Market Intelligence Platform