Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Kazakhstan - 2022

Contents:

1. Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Kazakhstan (CIF) - 2022
2. Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Kazakhstan (FOB) - 2022
3. Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Kazakhstan
4. Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Kazakhstan

Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Kazakhstan (CIF) - 2022

In 2022, the average import price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $12,397 per unit, increasing by 49% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for furnaces and ovens; industrial or laboratory induction or dielectrics increased by +97.0% against 2020 indices. Over the period under review, average import prices hit record highs at $13,162 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($18,418 per unit), while the price for Switzerland ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+29.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Kazakhstan (FOB) - 2022

The average export price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $1,802 per unit in 2022, falling by -18.7% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The growth pace was the most rapid in 2018 an increase of 685%. The export price peaked at $11,610 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -10.7% per year.

Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Kazakhstan

In 2022, the amount of furnaces and ovens; industrial or laboratory induction or dielectrics imported into Kazakhstan rose notably to 381 units, picking up by 12% against 2021. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 65%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics contracted rapidly to $2.9M in 2022. Over the period under review, imports recorded resilient growth. The growth pace was the most rapid in 2021 when imports increased by 207% against the previous year. As a result, imports attained the peak of $4.4M, and then declined remarkably in the following year.

Top Suppliers of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric to Kazakhstan in 2022:

1. China (247.0 units)
2. Turkey (97.0 units)
3. Czech Republic (10.0 units)
4. Russia (5.0 units)
5. Canada (3.0 units)
6. South Africa (1.0 units)
7. United Kingdom (1.0 units)
8. Germany (1.0 units)

Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Kazakhstan

In 2022, shipments abroad of furnaces and ovens; industrial or laboratory induction or dielectrics was finally on the rise to reach 20 units after two years of decline. In general, exports, however, continue to indicate a precipitous setback. Over the period under review, the exports of reached the peak figure at 46 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of furnaces and ovens; industrial or laboratory induction or dielectrics soared to $36K in 2022. Overall, exports, however, recorded a dramatic decline. Over the period under review, the exports of hit record highs at $193K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Top Export Markets for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric from Kazakhstan in 2022:

1. Russia (20.0 units)

Source: IndexBox Market Intelligence Platform