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

Contents:

1. Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Ireland (CIF) - 2022
2. Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Ireland (FOB) - 2023
3. Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Ireland
4. Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Ireland

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

The average import price for non-electric iron or steel central heating radiators other than of cast iron stood at $3 per unit in 2022, rising by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($5.3 per unit), while the price for Turkey ($2.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.1%), 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 Ireland (FOB) - 2023

In November 2023, the average export price for non-electric iron or steel central heating radiators other than of cast iron amounted to $20.7 per unit, with an increase of 43% against the previous month. In general, the export price posted a resilient increase. The pace of growth appeared the most rapid in May 2023 an increase of 187% m-o-m. Over the period under review, the average export prices reached the peak figure at $47.8 per unit in June 2023; however, from July 2023 to November 2023, 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 the UK.

From November 2022 to November 2023, the rate of growth in terms of prices for the UK amounted to +7.7% per month.

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

In 2022, the amount of non-electric iron or steel central heating radiators other than of cast iron imported into Ireland amounted to 12M units, surging by 7.6% against 2021 figures. The total import volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 29%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron surged to $36M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

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

1. Turkey (6.3M units)
2. United Kingdom (2.4M units)
3. Belgium (1.2M units)
4. China (0.9M units)
5. Czech Republic (0.5M units)
6. France (0.4M units)

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

In 2022, after two years of decline, there was significant growth in overseas shipments of non-electric iron or steel central heating radiators other than of cast iron, when their volume increased by 5.8% to 179K units. Over the period under review, exports, however, continue to indicate a significant decrease. Over the period under review, the exports of attained the maximum at 1.3M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron rose modestly to $1.5M in 2022. In general, exports, however, saw a dramatic descent. The exports peaked at $4.4M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. United Kingdom (175.1K units)

Source: IndexBox Market Intelligence Platform