Turkey - Radiators for Central Heating (not Electrically Heated) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Non-Electric Central Heating Radiator in Turkey - 2023
Contents:
- Price for Non-Electric Central Heating Radiator in Turkey (FOB) - 2023
- Price for Non-Electric Central Heating Radiator in Turkey (CIF) - 2023
- Exports of Non-Electric Central Heating Radiator in Turkey
- Imports of Non-Electric Central Heating Radiator in Turkey
Price for Non-Electric Central Heating Radiator in Turkey (FOB) - 2023
In September 2023, the average non-electric central heating radiator export price amounted to $1.5 per unit, falling by -7.4% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 7.3% m-o-m. The export price peaked at $1.8 per unit in April 2023; however, from May 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Russia ($2.5 per unit), while the average price for exports to Serbia ($1.1 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Non-Electric Central Heating Radiator in Turkey (CIF) - 2023
The average non-electric central heating radiator import price stood at $12.8 per unit in September 2023, picking up by 213% against the previous month. Over the period under review, the import price enjoyed a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($38.2 per unit), while the price for Belgium ($3.7 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Romania (+34.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Non-Electric Central Heating Radiator in Turkey
In 2022, the amount of radiators for central heating (not electrically heated) exported from Turkey declined significantly to 264M units, with a decrease of -29.4% against the previous year's figure. Overall, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, the exports reached the peak of 374M units, and then declined significantly in the following year.
In value terms, non-electric central heating radiator exports declined notably to $524M in 2022. Over the period under review, total exports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +21.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 51%. As a result, the exports reached the peak of $654M, and then shrank significantly in the following year.
Export of Non-Electric Central Heating Radiator in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 130 | 122 | 207 | 173 | 10.0% |
Romania | 45.2 | 44.9 | 65.1 | 51.2 | 4.2% |
Poland | 19.1 | 20.0 | 33.5 | 26.5 | 11.5% |
Germany | 27.6 | 28.0 | 31.5 | 25.8 | -2.2% |
Hungary | 16.8 | 14.3 | 22.7 | 23.5 | 11.8% |
Netherlands | 16.6 | 17.2 | 33.6 | 19.1 | 4.8% |
Italy | 13.3 | 15.0 | 20.2 | 17.3 | 9.2% |
Russia | 16.7 | 15.5 | 11.7 | 14.9 | -3.7% |
France | 9.2 | 9.1 | 15.3 | 13.4 | 13.4% |
Greece | 8.7 | 8.3 | 14.7 | 12.9 | 14.0% |
Serbia | 11.2 | 12.8 | 21.5 | 12.6 | 4.0% |
Ireland | 4.0 | 6.5 | 9.7 | 10.2 | 36.6% |
China | 51.0 | 28.0 | 40.1 | 7.9 | -46.3% |
Others | 90.2 | 89.7 | 128 | 116 | 8.7% |
Total | 459 | 432 | 654 | 524 | 4.5% |
Top Export Markets for Non-Electric Central Heating Radiator from Turkey in 2022:
- United Kingdom (84.8M units)
- Romania (32.4M units)
- Poland (14.0M units)
- Hungary (14.0M units)
- Germany (10.3M units)
- Netherlands (8.9M units)
- Serbia (7.8M units)
- Greece (7.3M units)
- Russia (6.7M units)
- Italy (6.0M units)
- France (5.9M units)
- China (5.2M units)
- Ireland (5.2M units)
Imports of Non-Electric Central Heating Radiator in Turkey
In 2022, after two years of decline, there was significant growth in overseas purchases of radiators for central heating (not electrically heated), when their volume increased by 10% to 1.3M units. Over the period under review, imports, however, saw a abrupt decline. Imports peaked at 1.8M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, non-electric central heating radiator imports skyrocketed to $6.9M in 2022. The total import value increased at an average annual rate of +11.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Non-Electric Central Heating Radiator in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 937 | 2,418 | 2,677 | 2,790 | 43.9% |
Italy | 565 | 1,056 | 1,270 | 1,718 | 44.9% |
Czech Republic | 582 | 310 | 564 | 806 | 11.5% |
United Kingdom | 204 | 30.9 | 141 | 214 | 1.6% |
Iran | 231 | 30.6 | 60.0 | 200 | -4.7% |
Russia | 15.0 | N/A | 38.3 | 155 | 117.8% |
China | 868 | 300 | 281 | 85.8 | -53.8% |
Ukraine | 0.2 | N/A | N/A | 65.6 | 589.6% |
Romania | 74.5 | 1.8 | 0.4 | 39.6 | -19.0% |
Hungary | 4.8 | 8.2 | 6.1 | 26.9 | 77.6% |
Egypt | 531 | 569 | N/A | N/A | 7.2% |
Algeria | 294 | N/A | N/A | N/A | 0% |
Others | 717 | 963 | 324 | 799 | 3.7% |
Total | 5,024 | 5,688 | 5,363 | 6,899 | 11.2% |
Top Suppliers of Non-Electric Central Heating Radiator to Turkey in 2022:
- Germany (433.1K units)
- Iran (285.7K units)
- Italy (234.5K units)
- Czech Republic (109.7K units)
- Russia (57.5K units)
- United Kingdom (52.2K units)
- Ukraine (23.3K units)
- Romania (23.0K units)
- Hungary (21.1K units)
- China (12.9K units)
This report provides an in-depth analysis of the market for non-electric central heating radiator in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25211100 - Radiators for central heating, not electrically heated, and parts thereof, of iron or steel
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for non-electric central heating radiator in Turkey.
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This report provides an in-depth analysis of the market for non-electric central heating radiator in Turkey.
This report provides an in-depth analysis of the non-electric air heater market in Turkey.
This report provides an in-depth analysis of the global market for non-electric central heating radiator.
This report provides an in-depth analysis of the global non-electric air heater market.
In July 2023, the Radiator price remained steady at $2,024 per ton (FOB, Turkey) compared to the previous month.
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...
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...
In July 2023, the Radiator price remained steady at $2,024 per ton (FOB, Turkey) compared to the previous month.
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...
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...