Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Latvia - 2023
Contents:
- Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Latvia (CIF) - 2023
- Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Latvia (FOB) - 2022
- Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Latvia
- Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Latvia
Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Latvia (CIF) - 2023
The average import price for non-electric iron or steel central heating radiators other than of cast iron stood at $3.3 per unit in November 2023, growing by 22% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 64% against the previous month. As a result, import price attained the peak level of $5.8 per unit. From April 2023 to November 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($88.6 per unit), while the price for China ($1.9 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 Germany (+26.2%), 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 Latvia (FOB) - 2022
In 2022, the average export price for non-electric iron or steel central heating radiators other than of cast iron amounted to $3.2 per unit, waning by -35.8% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 79% against the previous year. Over the period under review, the average export prices reached the peak figure at $5 per unit in 2021, and then contracted notably in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($7.7 per unit), while the average price for exports to Lithuania ($2.1 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 Russia (+13.0%), 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 Latvia
In 2022, approx. 4.4M units of non-electric iron or steel central heating radiators other than of cast iron were imported into Latvia; picking up by 3.5% compared with the previous year's figure. Overall, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron expanded sharply to $15M in 2022. The total import value increased at an average annual rate of +10.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 3.0 | 2.6 | 3.5 | 4.2 | 11.9% |
| Turkey | 1.7 | 1.9 | 1.8 | 2.9 | 19.5% |
| Sweden | 1.9 | 1.7 | 2.0 | 1.8 | -1.8% |
| Germany | 1.9 | 2.6 | 2.0 | 1.4 | -9.7% |
| Italy | 0.8 | 0.8 | 1.0 | 1.2 | 14.5% |
| Estonia | 0.3 | 0.3 | 0.6 | 0.9 | 44.2% |
| Russia | N/A | N/A | 0.6 | 0.9 | 50.0% |
| Lithuania | 0.5 | 0.5 | 0.5 | 0.7 | 11.9% |
| Slovakia | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Others | 0.6 | 0.4 | 0.5 | 0.3 | -20.6% |
| Total | 10.9 | 11.0 | 12.6 | 14.5 | 10.0% |
Top Suppliers of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron to Latvia in 2022:
- Poland (1513.7K units)
- Turkey (1475.2K units)
- Russia (417.1K units)
- Germany (252.5K units)
- Italy (209.9K units)
- Lithuania (183.0K units)
- Sweden (137.5K units)
- Slovakia (122.2K units)
- Estonia (98.1K units)
Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Latvia
In 2022, exports of non-electric iron or steel central heating radiators other than of cast iron from Latvia declined dramatically to 2.5M units, falling by -28.3% against 2021 figures. In general, exports continue to indicate a sharp descent. The smallest decline of -10.1% was in 2021. Over the period under review, the exports of reached the maximum at 6.8M 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 declined sharply to $8M in 2022. Over the period under review, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. As a result, the exports attained the peak of $17M, and then reduced sharply in the following year.
| Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 4.7 | 4.3 | 4.9 | 5.2 | 3.4% |
| Lithuania | 0.7 | 1.0 | 1.0 | 1.7 | 34.4% |
| Russia | N/A | 0.4 | 0.6 | 0.7 | 32.3% |
| Estonia | 0.3 | 1.0 | 0.3 | 0.3 | 0.0% |
| Sweden | 8.9 | 8.5 | 10.3 | N/A | 7.6% |
| Others | 0.4 | 0.3 | 0.5 | 0.1 | -37.0% |
| Total | 15.0 | 15.5 | 17.5 | 8.0 | -18.9% |
Top Export Markets for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron from Latvia in 2022:
- Norway (1466.8K units)
- Lithuania (798.2K units)
- Estonia (142.2K units)
- Russia (95.8K units)
- Sweden (7.8K units)
177
This report provides an in-depth analysis of the market for non-electric central heating radiator in Latvia.
137
This report provides an in-depth analysis of the non-electric air heater market in Latvia.
511
This report provides an in-depth analysis of the global market for non-electric central heating radiator.
458
This report provides an in-depth analysis of the global non-electric air heater market.
177
This report provides an in-depth analysis of the market for non-electric central heating radiator in Latvia.
137
This report provides an in-depth analysis of the non-electric air heater market in Latvia.
511
This report provides an in-depth analysis of the global market for non-electric central heating radiator.
458
This report provides an in-depth analysis of the global non-electric air heater market.
1642
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...
881
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...
1642
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...
881
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...
