Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Norway - 2024

Contents:

1. Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Norway (CIF) - 2024
2. Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Norway (FOB) - 2022
3. Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Norway
4. Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Norway

Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Norway (CIF) - 2024

The average import price for non-electric iron or steel central heating radiators other than of cast iron stood at $4.6 per unit in December 2023, growing by 2% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 18% month-to-month. The import price peaked at $5.6 per unit in September 2023; however, from October 2023 to December 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Belgium ($18.0 per unit), while the price for the Netherlands ($3.2 per unit) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Belgium (+11.5%), 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 Norway (FOB) - 2022

In 2022, the average export price for non-electric iron or steel central heating radiators other than of cast iron amounted to $14 per unit, increasing by 41% against the previous year. Over the period under review, the export price showed a noticeable expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 175%. As a result, the export price attained the peak level of $31 per unit. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($46 per unit), while the average price for exports to Denmark ($9.1 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 Finland (+20.6%), 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 Norway

In 2022, overseas purchases of non-electric iron or steel central heating radiators other than of cast iron were finally on the rise to reach 2.4M units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a perceptible contraction. Over the period under review, imports of hit record highs at 2.8M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron expanded to $12M in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 13%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

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

1. Latvia (1441.2K units)
2. Czech Republic (208.6K units)
3. Poland (182.0K units)
4. Turkey (144.7K units)
5. Finland (116.3K units)
6. Denmark (92.3K units)
7. Netherlands (84.0K units)
8. Sweden (38.2K units)

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

In 2022, exports of non-electric iron or steel central heating radiators other than of cast iron from Norway shrank remarkably to 12K units, which is down by -43.2% against the year before. In general, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 459%. As a result, the exports reached the peak of 21K units, and then contracted remarkably in the following year.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron fell sharply to $165K in 2022. Over the period under review, exports continue to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 367%. The exports peaked at $478K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. Denmark (5.0K units)
2. United Kingdom (4.3K units)
3. Sweden (1.9K units)
4. Finland (0.3K units)
5. Turkey (0.2K units)

Source: IndexBox Market Intelligence Platform