Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Malaysia - 2024
Contents:
- Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Malaysia (FOB) - 2024
- Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Malaysia (CIF) - 2022
- Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Malaysia
- Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Malaysia
Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Malaysia (FOB) - 2024
In October 2023, the average export price for non-electric iron or steel central heating radiators other than of cast iron amounted to $7.7 per unit, which is down by -6.9% against the previous month. Overall, the export price recorded a pronounced decline. The pace of growth appeared the most rapid in September 2023 when the average export price increased by 13% month-to-month. Over the period under review, the average export prices attained the peak figure at $9.4 per unit in January 2023; however, from February 2023 to October 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Indonesia ($12.6 per unit), while the average price for exports to Singapore amounted to $7.3 per unit.
From January 2023 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (-0.4%).
Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Malaysia (CIF) - 2022
In 2022, the average import price for non-electric iron or steel central heating radiators other than of cast iron amounted to $3.7 per unit, dropping by -11.4% against the previous year. In general, the import price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2014 an increase of 62% against the previous year. As a result, import price attained the peak level of $9.7 per unit. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($20 per unit), while the price for South Korea ($2.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+30.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Malaysia
Exports of non-electric iron or steel central heating radiators other than of cast iron from Malaysia fell modestly to 903K units in 2022, waning by -2.8% on the previous year. In general, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 8.2%. Over the period under review, the exports of hit record highs at 1.1M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron stood at $5.8M in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 14%. Over the period under review, the exports of reached the peak figure at $5.9M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 5.7 | 4.5 | 5.1 | 5.6 | -0.6% |
| Others | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| Total | 5.9 | 4.7 | 5.3 | 5.8 | -0.6% |
Top Export Markets for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron from Malaysia in 2022:
- Singapore (889.9K units)
Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Malaysia
For the fourth year in a row, Malaysia recorded growth in supplies from abroad of non-electric iron or steel central heating radiators other than of cast iron, which increased by 94% to 110K units in 2022. Overall, imports recorded a significant increase. As a result, imports reached 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 $411K in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 73% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 24.1 | 55.7 | 102 | 307 | 133.5% |
| Singapore | 14.6 | 11.2 | 16.2 | 59.8 | 60.0% |
| South Korea | 1.2 | N/A | N/A | 23.7 | 170.3% |
| Thailand | N/A | N/A | 0.6 | 8.0 | 1233.3% |
| Norway | N/A | N/A | 93.9 | N/A | 0% |
| Indonesia | 53.7 | 29.3 | 10.8 | N/A | -55.2% |
| Taiwan (Chinese) | 36.9 | 7.8 | 2.9 | N/A | -72.0% |
| Others | 41.4 | 34.1 | 12.4 | 11.6 | -34.6% |
| Total | 172 | 138 | 239 | 411 | 33.7% |
Top Suppliers of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron to Malaysia in 2022:
- China (82.5K units)
- Singapore (14.2K units)
- South Korea (10.0K units)
- Thailand (2.5K units)
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In value terms, radiators for central heating imports stood at $X in 2016. Overall, radiators for central heating imports continue to indicate a slight decrease. Global radiators for central heatin...
915
In value terms, radiators for central heating exports amounted to $X in 2016. In general, radiators for central heating exports continue to indicate a measured drop. Global radiators for central he...
1704
In value terms, radiators for central heating imports stood at $X in 2016. Overall, radiators for central heating imports continue to indicate a slight decrease. Global radiators for central heatin...
915
In value terms, radiators for central heating exports amounted to $X in 2016. In general, radiators for central heating exports continue to indicate a measured drop. Global radiators for central he...
