China - Radiators For Central Heating (Not Electrically Heated) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRadiator Export in China Reduces Markedly to $9M in April 2023
China Radiator Exports
In April 2023, the amount of radiators for central heating (not electrically heated) exported from China shrank rapidly to 3.8K tons, with a decrease of -18.1% against the previous month. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when exports increased by 98% month-to-month.
In value terms, radiator exports fell markedly to $9M (IndexBox estimates) in April 2023. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 with an increase of 110% month-to-month.
| COUNTRY | Export Value of Radiator in China (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | |
| United Kingdom | 6.1 | 6.0 | 6.1 | 5.8 | 4.8 | 5.5 | 5.9 | 5.5 | 5.2 | 7.5 | 2.8 | 6.4 | 4.9 |
| Russia | 0.5 | 1.2 | 1.9 | 3.0 | 4.1 | 1.9 | 2.2 | 2.1 | 1.9 | 1.5 | 0.9 | 1.3 | 1.2 |
| United States | 0.7 | 0.8 | 0.5 | 0.6 | 0.4 | 0.4 | < 0.1 | 0.5 | 1.4 | 0.8 | 0.4 | 0.6 | 0.6 |
| Mongolia | 0.1 | 0.1 | < 0.1 | 0.2 | 0.2 | 0.3 | 0.6 | 0.3 | 0.1 | < 0.1 | < 0.1 | 0.2 | 0.3 |
| Germany | 0.1 | 0.3 | 0.3 | 0.4 | 0.3 | 0.1 | 0.3 | 0.4 | 0.2 | 0.5 | < 0.1 | 0.1 | 0.3 |
| Poland | < 0.1 | N/A | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | 0.2 |
| Kazakhstan | 0.3 | 0.1 | 0.5 | 0.3 | 0.4 | < 0.1 | 0.5 | 1.0 | 0.3 | 0.2 | 0.1 | < 0.1 | 0.1 |
| Algeria | 0.2 | 1.0 | 0.2 | 0.5 | N/A | 0.8 | 0.5 | < 0.1 | < 0.1 | 0.3 | < 0.1 | N/A | < 0.1 |
| Others | 1.2 | 1.1 | 2.1 | 2.1 | 1.8 | 1.2 | 2.2 | 1.7 | 3.3 | 2.7 | 1.0 | 2.3 | 1.4 |
| Total | 9.1 | 10.6 | 11.6 | 12.8 | 12.0 | 10.4 | 12.3 | 11.6 | 12.6 | 13.5 | 5.3 | 11.1 | 9.0 |
Exports by Country
The UK (1.9K tons) was the main destination for radiator exports from China, accounting for a 51% share of total exports. Moreover, radiator exports to the UK exceeded the volume sent to the second major destination, Russia (653 tons), threefold. The United States (305 tons) ranked third in terms of total exports with an 8.1% share.
From April 2022 to April 2023, the average monthly growth rate of volume to the UK was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: Russia (+6.8% per month) and the United States (-0.8% per month).
In value terms, the UK ($4.9M) remains the key foreign market for radiator exports from China, comprising 55% of total exports. The second position in the ranking was taken by Russia ($1.2M), with a 14% share of total exports. It was followed by the United States, with a 6.8% share.
From April 2022 to April 2023, the average monthly rate of growth in terms of value to the UK totaled -1.7%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Russia (+8.7% per month) and the United States (-0.6% per month).
Exports by Type
Radiators and parts thereof; for central heating, (not electrically heated), of iron or steel other than cast iron (2.6K tons) was the largest type of radiator exported from China, accounting for a 69% share of total exports. Moreover, radiators and parts thereof; for central heating, (not electrically heated), of iron or steel other than cast iron exceeded the volume of the second product type, radiators and parts thereof; for central heating, (not electrically heated), of cast iron (1.2K tons), twofold.
From April 2022 to April 2023, the average monthly growth rate of the volume of export of radiators and parts thereof; for central heating, (not electrically heated), of iron or steel other than cast iron was relatively modest.
In value terms, radiators and parts thereof; for central heating, (not electrically heated), of iron or steel other than cast iron ($6.9M) remains the largest type of radiator exported from China, comprising 77% of total exports. The second position in the ranking was taken by radiators and parts thereof; for central heating, (not electrically heated), of cast iron ($2.1M), with a 23% share of total exports.
From April 2022 to April 2023, the average monthly rate of growth in terms of the export volume of radiators and parts thereof; for central heating, (not electrically heated), of iron or steel other than cast iron was relatively modest.
Export Prices by Country
In April 2023, the radiator price stood at $2,398 per ton (FOB, China), standing approximately at the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 29% month-to-month. Over the period under review, the average export prices attained the maximum at $2,748 per ton in June 2022; however, from July 2022 to April 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($2,549 per ton), while the average price for exports to Mongolia ($1,268 per ton) was amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mongolia (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the radiator market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
