Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Venezuela - 2022

Contents:

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

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

In 2022, the average import price for non-electric iron or steel central heating radiators other than of cast iron amounted to $12 per unit, surging by 66% against the previous year. Over the period under review, the import price saw a remarkable increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 66%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

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 China ($25 per unit), while the price for Brazil ($9.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+35.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the third consecutive year, Venezuela recorded decline in overseas purchases of non-electric iron or steel central heating radiators other than of cast iron, which decreased by -49.8% to 1.3K units in 2022. In general, imports continue to indicate a dramatic decline. The smallest decline of -49.7% was in 2020. Over the period under review, imports of reached the maximum at 10K 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 dropped dramatically to $16K in 2022. Overall, imports faced a deep slump. Imports peaked at $28K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia18.215.913.811.9-13.2%
United States4.93.52.41.7-29.7%
Brazil2.52.21.81.6-13.8%
Others2.11.61.21.0-21.9%
Total27.823.119.316.0-16.8%

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

  1. Colombia (992.0 units)
  2. Brazil (166.0 units)
  3. United States (148.0 units)

Source: IndexBox Market Intelligence Platform

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