Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Japan - 2023

Contents:

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

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

In November 2023, the average import price for non-electric iron or steel central heating radiators other than of cast iron amounted to $4.2 per unit, shrinking by -5% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 23% against the previous month. As a result, import price attained the peak level of $6.2 per unit. From July 2023 to November 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Belgium ($8.6 per unit), while the price for China ($2.7 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Poland (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for non-electric iron or steel central heating radiators other than of cast iron amounted to $23 per unit, with an increase of 54% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 108%. Over the period under review, the average export prices hit record highs at $52 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($34 per unit), while the average price for exports to China totaled $23 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of non-electric iron or steel central heating radiators other than of cast iron into Japan skyrocketed to 1.5M units, growing by 30% against 2021 figures. In general, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at 1.6M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron soared to $6.7M in 2022. Over the period under review, imports, however, showed a slight setback. The pace of growth appeared the most rapid in 2021 when imports increased by 26% against the previous year. Over the period under review, imports of hit record highs at $6.9M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

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

1. Poland (1240.0K units)
2. Germany (88.1K units)
3. Turkey (67.4K units)
4. China (44.5K units)
5. Belgium (37.9K units)
6. Italy (27.9K units)

Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Japan

In 2022, the amount of non-electric iron or steel central heating radiators other than of cast iron exported from Japan surged to 12K units, rising by 538% on the previous year's figure. Over the period under review, exports posted a significant expansion. 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 other than of cast iron soared to $279K in 2022. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. China (11.7K units)
2. Taiwan (Chinese) (0.3K units)

Source: IndexBox Market Intelligence Platform