Report Update: Apr 1, 2024

China - Radiators for Central Heating (not Electrically Heated) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Non-Electric Central Heating Radiator in China - 2023

Price for Non-Electric Central Heating Radiator in China (FOB) - 2023

In September 2023, the average non-electric central heating radiator export price amounted to $2.3 per unit, which is down by -8.4% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 an increase of 37% month-to-month. As a result, the export price reached the peak level of $3.2 per unit. From January 2023 to September 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 Kazakhstan ($2.4 per unit), while the average price for exports to Mongolia ($1.2 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Non-Electric Central Heating Radiator in China (CIF) - 2023

In September 2023, the average non-electric central heating radiator import price amounted to $1.4 per unit, shrinking by -13.4% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 when the average import price increased by 194% month-to-month. As a result, import price attained the peak level of $4.0 per unit. From March 2023 to September 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 Poland ($2.8 per unit), while the price for Turkey amounted to $1.1 per unit.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Poland (+4.4%).

Exports of Non-Electric Central Heating Radiator in China

In 2022, approx. 57M units of radiators for central heating (not electrically heated) were exported from China; growing by 7.1% against 2021. The total export volume increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, non-electric central heating radiator exports declined to $131M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +37.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 36%. As a result, the exports reached the peak of $141M, and then contracted in the following year.

Export of Non-Electric Central Heating Radiator in China (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	42.5	49.0	79.9	68.2	17.1%
Russia	5.8	4.7	20.4	21.2	54.0%
United States	7.0	4.4	4.4	5.9	-5.5%
Kazakhstan	14.1	24.1	10.5	5.3	-27.8%
Algeria	7.9	6.0	1.4	3.9	-21.0%
Germany	0.5	2.1	2.7	2.9	79.7%
Mongolia	0.4	1.4	1.2	2.1	73.8%
Kyrgyzstan	6.2	0.9	1.8	1.8	-33.8%
Others	10.9	11.1	18.9	19.9	22.2%
Total	95.4	104	141	131	11.1%

Top Export Markets for Non-Electric Central Heating Radiator from China in 2022:

United Kingdom (25.5M units)
Russia (12.5M units)
Kazakhstan (4.0M units)
Algeria (3.1M units)
United States (2.9M units)
Mongolia (2.6M units)
Germany (1.1M units)
Kyrgyzstan (0.4M units)

Imports of Non-Electric Central Heating Radiator in China

Non-electric central heating radiator imports into China contracted dramatically to 9.1M units in 2022, with a decrease of -75.1% against the previous year's figure. Overall, imports faced a precipitous decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. Imports peaked at 59M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, non-electric central heating radiator imports dropped rapidly to $18M in 2022. Over the period under review, imports showed a dramatic slump. The pace of growth appeared the most rapid in 2021 when imports increased by 48%. Imports peaked at $68M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Non-Electric Central Heating Radiator in China (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	51.0	27.7	42.8	11.6	-39.0%
Poland	10.4	1.9	1.3	1.4	-48.7%
Germany	4.7	2.5	3.0	0.9	-42.4%
Russia	N/A	N/A	0.7	0.7	0.0%
Italy	0.4	0.2	0.2	0.6	14.5%
Others	2.0	1.8	2.4	2.6	9.1%
Total	68.5	34.0	50.4	17.7	-36.3%

Top Suppliers of Non-Electric Central Heating Radiator to China in 2022:

Turkey (7.3M units)
Poland (0.6M units)
Germany (0.4M units)
Russia (0.4M units)
Italy (0.2M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for non-electric central heating radiator 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:

China

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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