Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Belgium - 2023

Contents:

1. Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Belgium (CIF) - 2023
2. Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Belgium (FOB) - 2022
3. Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Belgium
4. Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Belgium

Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Belgium (CIF) - 2023

The average import price for non-electric iron or steel central heating radiators of cast iron stood at $20.3 per unit in November 2023, increasing by 21% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 109% m-o-m. As a result, import price reached the peak level of $52.1 per unit. From April 2023 to November 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to -2.0% per month.

Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Belgium (FOB) - 2022

The average export price for non-electric iron or steel central heating radiators of cast iron stood at $25 per unit in 2022, rising by 11% against the previous year. Overall, the export price showed pronounced growth. The most prominent rate of growth was recorded in 2014 an increase of 85%. The export price peaked at $48 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($53 per unit), while the average price for exports to the Czech Republic ($11 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+82.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Belgium

In 2022, supplies from abroad of non-electric iron or steel central heating radiators of cast iron decreased by -32.9% to 90K units, falling for the second year in a row after two years of growth. Overall, imports saw a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 39% against the previous year. As a result, imports reached the peak of 156K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of non-electric iron or steel central heating radiators of cast iron dropped markedly to $1.9M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.3% 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 +45.4% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 39%. Over the period under review, imports of reached the maximum at $2.5M in 2021, and then reduced notably in the following year.

Top Suppliers of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron to Belgium in 2022:

1. China (62.7K units)
2. Netherlands (8.6K units)
3. Italy (6.8K units)
4. Turkey (4.7K units)
5. Czech Republic (3.2K units)
6. United Kingdom (1.9K units)
7. Germany (0.4K units)

Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Belgium

In 2022, the amount of non-electric iron or steel central heating radiators of cast iron exported from Belgium soared to 50K units, picking up by 489% compared with 2021 figures. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of non-electric iron or steel central heating radiators of cast iron soared to $1.2M in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron from Belgium in 2022:

1. Czech Republic (22.9K units)
2. France (13.2K units)
3. Netherlands (11.7K units)
4. Luxembourg (0.7K units)

Source: IndexBox Market Intelligence Platform