Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in the UK - 2023
Contents:
- Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in the UK (CIF) - 2023
- Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in the UK (FOB) - 2023
- Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in the UK
- Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in the UK
Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in the UK (CIF) - 2023
The average import price for non-electric iron or steel central heating radiators other than of cast iron stood at $2.2 per unit in November 2023, flattening at the previous month. Over the period under review, the import price, however, recorded a slight decline. The pace of growth was the most pronounced in May 2023 an increase of 27% m-o-m. As a result, import price reached the peak level of $3.0 per unit. From June 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($6.2 per unit), while the price for Turkey ($1.8 per unit) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.3%), 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 the UK (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 $6.2 per unit, jumping by 33% against the previous month. Over the last eleven-month period, it increased at an average monthly rate of +3.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was France ($9.8 per unit), while the average price for exports to Poland ($2.8 per unit) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+3.1%), 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 the UK
In 2022, imports of non-electric iron or steel central heating radiators other than of cast iron into the UK declined sharply to 136M units, reducing by -23.6% against 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. As a result, imports reached the peak of 178M units, and then declined rapidly in the following year.
In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron dropped markedly to $338M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +23.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 61% against the previous year. As a result, imports attained the peak of $440M, and then shrank notably in the following year.
| Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 133 | 125 | 197 | 166 | 7.7% |
| China | 72.9 | 72.8 | 114 | 100 | 11.1% |
| Germany | 22.3 | 19.4 | 39.3 | 24.6 | 3.3% |
| Poland | 7.4 | 10.2 | 14.0 | 14.6 | 25.4% |
| Italy | 11.4 | 10.1 | 21.0 | 12.6 | 3.4% |
| Others | 42.6 | 34.9 | 54.9 | 19.5 | -22.9% |
| Total | 289 | 273 | 440 | 338 | 5.4% |
Top Suppliers of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron to the UK in 2022:
- Turkey (87.0M units)
- China (33.5M units)
- Poland (4.6M units)
- Germany (4.4M units)
- Italy (2.4M units)
Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in the UK
In 2022, shipments abroad of non-electric iron or steel central heating radiators other than of cast iron was finally on the rise to reach 6.6M units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a dramatic slump. The exports peaked at 16M 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 surged to $30M in 2022. Over the period under review, exports, however, continue to indicate a deep downturn. The exports peaked at $49M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 18.9 | 16.2 | 10.3 | 10.4 | -18.1% |
| France | 11.9 | 9.0 | 3.8 | 5.0 | -25.1% |
| Poland | 1.8 | 1.3 | 2.1 | 1.7 | -1.9% |
| Germany | 3.8 | 4.4 | 1.4 | 1.7 | -23.5% |
| Netherlands | 3.9 | 3.1 | 1.8 | 1.0 | -36.5% |
| Denmark | N/A | 0.1 | 0.7 | 1.0 | 216.2% |
| China | 0.2 | N/A | N/A | 0.8 | 58.7% |
| Turkey | 0.1 | 0.1 | 0.1 | 0.5 | 71.0% |
| Belgium | 1.2 | 0.8 | 0.4 | 0.4 | -30.7% |
| Others | 7.4 | 6.0 | 2.9 | 7.5 | 0.4% |
| Total | 49.2 | 41.0 | 23.5 | 30.0 | -15.2% |
Top Export Markets for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron from the UK in 2022:
- Ireland (3314.6K units)
- Poland (689.1K units)
- France (499.3K units)
- Germany (172.0K units)
- Denmark (125.5K units)
- China (105.3K units)
- Turkey (102.9K units)
- Netherlands (92.5K units)
- Belgium (74.3K units)
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Between 2022 and 2023, there was a slight decrease in the growth of imports for Non-Electric Central Heating Radiators. The value of these imports dropped to $355M in 2023.
428
In January 2023, the radiator price amounted to $2,749 per ton (CIF, United Kingdom), waning by -1.8% against the previous month.
1759
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...
938
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...
57
Explore the top import markets for non-electric air heaters and understand the global demand for efficient heating solutions. Learn about the key countries driving the import of non-electric air heaters.
