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

Contents:

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

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

In 2022, the average import price for non-electric iron or steel central heating radiators other than of cast iron amounted to $2.7 per unit, surging by 9% against the previous year. In general, the import price, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 54%. The import price peaked at $8 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($3.8 per unit), while the price for Turkey ($2.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-2.6%), while the prices for the other major suppliers experienced a decline.

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

The average export price for non-electric iron or steel central heating radiators other than of cast iron stood at $4.9 per unit in 2022, remaining relatively unchanged against the previous year. Overall, the export price posted a prominent increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 175% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

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 Saudi Arabia ($5 per unit), while the average price for exports to South Africa stood at $2.6 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+0.7%).

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

In 2022, approx. 100K units of non-electric iron or steel central heating radiators other than of cast iron were imported into Pakistan; jumping by 84% compared with the year before. In general, imports showed buoyant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 87%. As a result, imports reached the peak of 113K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron soared to $265K in 2022. Over the period under review, imports recorded a buoyant expansion. Imports peaked at $292K in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China90.872.212.916421.8%
Turkey45.413759.639.1-4.9%
United States0.40.40.317.4251.7%
United Kingdom3.92.715.416.762.4%
PolandN/AN/AN/A11.50%
Hong Kong SAR4.81.60.65.97.1%
Italy20.019.613.8N/A-16.9%
Others56.758.629.811.2-41.8%
Total2222921322656.1%

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

  1. China (60.6K units)
  2. Turkey (18.0K units)
  3. United Kingdom (5.8K units)
  4. United States (4.6K units)
  5. Poland (4.4K units)
  6. Hong Kong SAR (2.3K units)

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

In 2022, the amount of non-electric iron or steel central heating radiators other than of cast iron exported from Pakistan skyrocketed to 21K units, jumping by 11,894% compared with the previous year's figure. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 14,266%. As a result, the exports attained the peak of 50K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron skyrocketed to $105K in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 16,543% against the previous year. As a result, the exports attained the peak of $210K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia1.12050.9103354.1%
South Africa0.13.5N/A1.6152.0%
Others0.11.0N/A0.791.3%
Total1.32100.9105332.3%

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

  1. Saudi Arabia (20.5K units)
  2. South Africa (0.6K units)

Source: IndexBox Market Intelligence Platform

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