We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Canada - Radiators For Central Heating (Not Electrically Heated) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Canada - Radiators For Central Heating (Not Electrically Heated) - Market Analysis, Forecast, Size, Trends And Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing
Nov 8, 2023

Significant Drop in Canadian Radiator Imports to $934K in June 2023

Canada Radiator Imports

In June 2023, overseas purchases of radiators for central heating (not electrically heated) decreased by -6.7% to 247 tons, falling for the second month in a row after two months of growth. Overall, imports saw a pronounced downturn. The most prominent rate of growth was recorded in January 2023 with an increase of 32% m-o-m.

In value terms, radiator imports fell to $934K (IndexBox estimates) in June 2023. In general, imports saw a perceptible reduction. The most prominent rate of growth was recorded in January 2023 with an increase of 33% against the previous month.Canada Radiator Imports By Country (Thousand USD)

COUNTRYImport Value of Radiator in Canada (thousand USD)
Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023
United States913476405415528598335712528474629558575
Belgium23532855215715051.1357251298345366247155
Italy10497.6N/A0.370.718.5N/AN/AN/A20.821.145.62.1
Others26233.923119214014151.928.023.5228176155202
Total1,5149361,1887658898097449918491,0681,1931,006934

Imports by Country

In June 2023, the United States (150 tons) constituted the largest radiator supplier to Canada, accounting for a 61% share of total imports. Moreover, radiator imports from the United States exceeded the figures recorded by the second-largest supplier, Belgium (41 tons), fourfold.

From June 2022 to June 2023, the average monthly rate of growth in terms of volume from the United States stood at -3.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Belgium (-3.4% per month) and Italy (-27.8% per month).

In value terms, the United States ($575K) constituted the largest supplier of radiator to Canada, comprising 62% of total imports. The second position in the ranking was held by Belgium ($155K), with a 17% share of total imports.

From June 2022 to June 2023, the average monthly growth rate of value from the United States amounted to -3.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Belgium (-3.4% per month) and Italy (-27.8% per month).

Imports by Type

In June 2023, radiators and parts thereof; for central heating, (not electrically heated), of iron or steel other than cast iron (226 tons) was the main type of radiator supplied to Canada, with a 92% share of total imports. Moreover, radiators and parts thereof; for central heating, (not electrically heated), of iron or steel other than cast iron exceeded the figures recorded for the second-largest type, radiators and parts thereof; for central heating, (not electrically heated), of cast iron (21 tons), more than tenfold.

From June 2022 to June 2023, the average monthly rate of growth in terms of the volume of import of radiators and parts thereof; for central heating, (not electrically heated), of iron or steel other than cast iron amounted to -4.3%.

In value terms, radiators and parts thereof; for central heating, (not electrically heated), of iron or steel other than cast iron ($866K) constituted the largest type of radiator supplied to Canada, comprising 93% of total imports. The second position in the ranking was held by radiators and parts thereof; for central heating, (not electrically heated), of cast iron ($67K), with a 7.2% share of total imports.

Import Prices by Country

In June 2023, the radiator price amounted to $3,779 per ton (CIF, Canada), almost unchanged from the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 1.7% month-to-month. Over the period under review, average import prices hit record highs at $3,828 per ton in February 2023; afterwards, it flattened through to June 2023.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Italy ($3,828 per ton) and Turkey ($3,828 per ton), while the price for the UK ($3,240 per ton) and the United States ($3,823 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Belgium (0.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the radiator market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 25211100 - Radiators for central heating, not electrically heated, and parts thereof, of iron or steel

Country coverage:

  • Canada

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Canada
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

Recommended posts

Free Data: Radiators for Central Heating (not Electrically Heated) - Canada
Table
Radiators for Central Heating (not Electrically Heated) - Canada - Table
Dashboard
Radiators for Central Heating (not Electrically Heated) - Canada - Dashboard
Report
Radiators for Central Heating (not Electrically Heated) - Canada - Report