Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the United Arab Emirates - 2022

Contents:

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

Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the United Arab Emirates (FOB) - 2022

The average export price for non-electric iron or steel central heating radiators of cast iron stood at $14 per unit in 2022, rising by 25% against the previous year. Overall, the export price saw a strong increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 91%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

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 Ecuador ($23 per unit), while the average price for exports to Bahrain ($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 Uganda (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the United Arab Emirates (CIF) - 2022

The average import price for non-electric iron or steel central heating radiators of cast iron stood at $30 per unit in 2022, with an increase of 12% against the previous year. Over the period under review, the import price, however, continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 145%. The import price peaked at $50 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($72 per unit), while the price for Iran ($1.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the United Arab Emirates

Exports of non-electric iron or steel central heating radiators of cast iron from the United Arab Emirates skyrocketed to 55K units in 2022, increasing by 1,640% on the previous year. Overall, exports showed a significant expansion. As a result, the exports attained 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 surged to $759K in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kuwait4.0N/AN/A233287.6%
Saudi Arabia52.82320.219053.2%
Oman8.983.527.4117136.0%
SomaliaN/AN/AN/A1150%
YemenN/AN/AN/A70.30%
EcuadorN/AN/AN/A20.10%
Bahrain25.7N/AN/A1.4-62.1%
Others4.41.17.312.842.8%
Total95.831635.075999.4%

Top Export Markets for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron from the United Arab Emirates in 2022:

  1. Saudi Arabia (20.2K units)
  2. Kuwait (13.4K units)
  3. Oman (10.4K units)
  4. Somalia (5.7K units)
  5. Yemen (3.2K units)
  6. Ecuador (0.9K units)
  7. Bahrain (0.7K units)

Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in the United Arab Emirates

In 2022, after two years of decline, there was significant growth in overseas purchases of non-electric iron or steel central heating radiators of cast iron, when their volume increased by 498% to 18K units. Overall, imports, however, recorded a abrupt decrease. Over the period under review, imports of hit record highs at 25K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of non-electric iron or steel central heating radiators of cast iron soared to $549K in 2022. Over the period under review, imports continue to indicate a resilient increase. 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 of Cast Iron in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom204350N/A31215.2%
ChinaN/AN/AN/A89.90%
MalaysiaN/AN/AN/A60.90%
TurkeyN/A9.00.355.5148.3%
IranN/AN/AN/A11.10%
Singapore181N/A58.1N/A-43.3%
Canada11.4N/AN/AN/A0%
Others0.83.523.919.5189.9%
Total39736382.254911.4%

Top Suppliers of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron to the United Arab Emirates in 2022:

  1. Iran (6.3K units)
  2. United Kingdom (4.3K units)
  3. Turkey (3.9K units)
  4. China (2.4K units)
  5. Malaysia (1.1K units)

Source: IndexBox Market Intelligence Platform

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