Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Spain - 2023
Contents:
- Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Spain (CIF) - 2023
- Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Spain (FOB) - 2023
- Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Spain
- Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Spain
Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Spain (CIF) - 2023
The average import price for non-electric iron or steel central heating radiators other than of cast iron stood at $7.1 per unit in November 2023, rising by 26% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +2.4%. The growth pace was the most rapid in September 2023 when the average import price increased by 28% m-o-m. Over the period under review, average import prices reached the peak figure in November 2023.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Turkey ($5.4 per unit), while the price for China stood at $3.1 per unit.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Romania (+5.6%), 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 Spain (FOB) - 2023
The average export price for non-electric iron or steel central heating radiators other than of cast iron stood at $8.7 per unit in November 2023, increasing by 24% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 138% against the previous month. As a result, the export price reached the peak level of $14.5 per unit. From October 2023 to November 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was India ($101 per unit), while the average price for exports to Morocco ($495 per thousand units) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Gibraltar (+20.8%), 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 Spain
In 2022, approx. 6.9M units of non-electric iron or steel central heating radiators other than of cast iron were imported into Spain; waning by -10% on the previous year's figure. The total import volume increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. As a result, imports reached the peak of 7.7M units, and then shrank in the following year.
In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron reduced to $34M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 42%. As a result, imports reached the peak of $36M, and then shrank in the following year.
| Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 9.1 | 10.5 | 12.3 | 12.4 | 10.9% |
| Turkey | 6.2 | 5.0 | 10.4 | 8.6 | 11.5% |
| Germany | 1.5 | 3.7 | 4.1 | 4.2 | 40.9% |
| China | 3.4 | 1.2 | 4.0 | 3.4 | 0.0% |
| Belgium | 0.2 | 1.1 | 1.6 | 1.7 | 104.1% |
| Romania | 1.7 | 1.5 | 1.8 | 1.6 | -2.0% |
| Others | 3.4 | 2.2 | 1.5 | 1.6 | -22.2% |
| Total | 25.4 | 25.2 | 35.8 | 33.5 | 9.7% |
Top Suppliers of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron to Spain in 2022:
- Turkey (2532.4K units)
- Italy (2506.9K units)
- China (703.0K units)
- Germany (477.9K units)
- Romania (243.9K units)
- Belgium (143.9K units)
Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Spain
Exports of non-electric iron or steel central heating radiators other than of cast iron from Spain expanded to 441K units in 2022, increasing by 4.3% against the previous year's figure. Over the period under review, exports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 8.9%. Over the period under review, the exports of reached the peak figure at 585K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron shrank slightly to $3.1M in 2022. Overall, exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 6.2%. Over the period under review, the exports of hit record highs at $3.8M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 1,608 | 1,475 | 1,862 | 1,638 | 0.6% |
| Italy | 335 | 210 | 213 | 478 | 12.6% |
| France | 453 | 307 | 368 | 274 | -15.4% |
| Germany | 74.5 | 63.4 | 70.4 | 208 | 40.8% |
| Andorra | 76.7 | 94.3 | 74.6 | 104 | 10.7% |
| Morocco | 153 | 47.4 | 70.6 | 85.0 | -17.8% |
| Algeria | 110 | 31.3 | 1.6 | 34.5 | -32.1% |
| Romania | 102 | 28.4 | 64.0 | 27.4 | -35.5% |
| Brazil | 372 | 110 | 176 | 4.2 | -77.6% |
| Vietnam | N/A | 59.7 | 88.3 | N/A | 47.9% |
| Others | 469 | 601 | 227 | 221 | -22.2% |
| Total | 3,755 | 3,028 | 3,216 | 3,075 | -6.4% |
Top Export Markets for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron from Spain in 2022:
- Portugal (249.6K units)
- Italy (82.6K units)
- France (34.7K units)
- Germany (19.6K units)
- Andorra (16.6K units)
- Morocco (7.2K units)
- Romania (2.9K units)
- Algeria (2.9K units)
- Brazil (0.2K units)
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