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

Contents:

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

Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Croatia (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 $2.4 per unit, falling by -4.6% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 29% m-o-m. Over the period under review, average import prices hit record highs at $2.6 per unit in December 2022; however, from January 2023 to November 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Serbia ($4.0 per unit), while the price for Turkey stood at $1.6 per unit.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+16.6%), 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 Croatia (FOB) - 2023

In November 2023, the average export price for non-electric iron or steel central heating radiators other than of cast iron amounted to $2.8 per unit, growing by 4.7% against the previous month. In general, the export price, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in July 2023 when the average export price increased by 161% m-o-m. As a result, the export price attained the peak level of $10.4 per unit. From August 2023 to November 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Bosnia and Herzegovina ($2.0 per unit), while the average price for exports to Ukraine amounted to $777 per thousand units.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+1.1%), 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 Croatia

Imports of non-electric iron or steel central heating radiators other than of cast iron into Croatia shrank dramatically to 5.7M units in 2022, reducing by -20.8% compared with the previous year. Over the period under review, imports recorded a pronounced slump. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. As a result, imports attained the peak of 7.1M units, and then shrank notably in the following year.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron declined to $12M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +28.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 43%. As a result, imports attained the peak of $14M, and then declined in the following year.

Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey3.33.55.55.720.0%
Hungary1.61.52.11.5-2.1%
Italy1.31.21.31.1-5.4%
Poland0.91.01.31.03.6%
Germany0.20.20.50.858.7%
Czech Republic0.50.50.50.50.0%
Belgium0.60.50.70.5-5.9%
Romania0.50.30.40.4-7.2%
China0.30.30.70.2-12.6%
Others0.70.50.80.70.0%
Total9.89.613.712.37.9%

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

  1. Turkey (3409.4K units)
  2. Hungary (521.6K units)
  3. Poland (491.7K units)
  4. Italy (324.3K units)
  5. Germany (249.3K units)
  6. Czech Republic (173.9K units)
  7. Belgium (142.4K units)
  8. Romania (107.5K units)
  9. China (56.2K units)

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

In 2022, the amount of non-electric iron or steel central heating radiators other than of cast iron exported from Croatia surged to 128K units, picking up by 20% on the previous year's figure. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron surged to $591K in 2022. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia17128827040132.9%
RomaniaN/AN/A24.9120381.9%
TurkeyN/AN/A1.726.61464.7%
Bosnia and Herzegovina19.122.845.315.8-6.1%
Poland18.84.54.45.0-35.7%
Serbia47.4N/A12.6N/A-48.4%
Others41.57.666.122.4-18.6%
Total29832342559125.6%

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

  1. Slovenia (104.7K units)
  2. Turkey (12.1K units)
  3. Romania (4.1K units)
  4. Bosnia and Herzegovina (3.2K units)
  5. Poland (0.6K units)

Source: IndexBox Market Intelligence Platform

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