Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Saudi Arabia - 2022
Contents:
- Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Saudi Arabia (FOB) - 2022
- Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Saudi Arabia
Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Saudi Arabia (FOB) - 2022
In 2021, the average export price for non-electric iron or steel central heating radiators other than of cast iron amounted to $2.3 per unit, reducing by -35.1% against the previous year. Overall, the export price showed a deep downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 43% against the previous year. As a result, the export price reached the peak level of $7.3 per unit. From 2017 to 2021, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($453 per unit), while the average price for exports to the United Arab Emirates amounted to $108 per unit.
From 2014 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+131.8%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Saudi Arabia
Exports of non-electric iron or steel central heating radiators other than of cast iron from Saudi Arabia skyrocketed to 45K units in 2022, growing by 93% on the year before. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 166% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron fell to $47K in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -21.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 58% against the previous year. As a result, the exports reached the peak of $60K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Saudi Arabia (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| United Arab Emirates | 9.8 | 12.4 | 25.6 | 61.6% |
| United Kingdom | N/A | N/A | 4.5 | 0% |
| Kuwait | 9.2 | 17.5 | N/A | 90.2% |
| Others | 19.0 | 30.0 | 23.0 | 10.0% |
| Total | 37.9 | 59.9 | 53.2 | 18.5% |
Top Export Markets for Non-Electric Iron or Steel Central Heating Radiators Other than of Cast Iron from Saudi Arabia in 2022:
- United Arab Emirates (0.2K units)
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