Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Serbia - 2024
Contents:
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Serbia (CIF) - 2022
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Serbia (FOB) - 2022
- Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Serbia
- Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Serbia
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Serbia (CIF) - 2022
In 2022, the average import price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $5,975 per unit, declining by -19.7% against the previous year. In general, the import price, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2019 an increase of 571% against the previous year. The import price peaked at $44,460 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
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 Germany ($13,123 per unit), while the price for France ($250 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+28.5%), 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 Serbia (FOB) - 2022
The average export price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $9,433 per unit in 2022, falling by -51.2% against the previous year. Overall, the export price recorded a abrupt setback. The pace of growth was the most pronounced in 2019 an increase of 200% against the previous year. As a result, the export price attained the peak level of $45,321 per unit. From 2020 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($39,037 per unit), while the average price for exports to Montenegro ($243 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+38.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Serbia
In 2022, approx. 114 units of furnaces and ovens; industrial or laboratory induction or dielectrics were imported into Serbia; rising by 41% on 2021 figures. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 186%. As a result, imports reached the peak of 320 units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics fell to $376K in 2022. In general, imports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 362%. As a result, imports reached the peak of $2.6M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 41.3 | 1,422 | 258 | 176 | 62.1% |
Turkey | 2.0 | 1.8 | 40.0 | 63.9 | 217.3% |
Italy | 167 | 106 | 1.5 | 42.5 | -36.6% |
Netherlands | 11.8 | 3.9 | 3.5 | 13.5 | 4.6% |
United Kingdom | 36.1 | 47.4 | 17.0 | 11.6 | -31.5% |
Slovenia | 42.4 | 34.4 | 9.2 | 9.9 | -38.4% |
South Korea | 2.6 | 1.1 | 6.8 | 8.7 | 49.6% |
China | 57.9 | 792 | 26.0 | 1.0 | -74.2% |
Others | 198 | 170 | 69.4 | 49.6 | -37.0% |
Total | 558 | 2,579 | 432 | 376 | -12.3% |
Top Suppliers of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric to Serbia in 2022:
- Turkey (59.0 units)
- Poland (19.0 units)
- Netherlands (6.0 units)
- Italy (5.0 units)
- United Kingdom (5.0 units)
- South Korea (3.0 units)
- Slovenia (2.0 units)
- China (1.0 units)
Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Serbia
In 2022, approx. 22 units of furnaces and ovens; industrial or laboratory induction or dielectrics were exported from Serbia; jumping by 57% on 2021. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of furnaces and ovens; industrial or laboratory induction or dielectrics surged to $208K in 2022. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 284%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
Export of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 33.9 | 13.2 | 45.9 | 76.2 | 31.0% |
Portugal | N/A | N/A | N/A | 39.0 | 0% |
Croatia | 8.3 | 3.7 | 14.7 | 38.3 | 66.5% |
Czech Republic | N/A | N/A | N/A | 21.6 | 0% |
Slovenia | 4.1 | 0.9 | 13.6 | 15.9 | 57.1% |
North Macedonia | 10.2 | 3.2 | 8.6 | 8.8 | -4.8% |
Germany | 1.3 | 0.8 | 7.5 | 4.5 | 51.3% |
Hungary | 0.9 | 0.3 | 0.9 | 1.4 | 15.9% |
Angola | N/A | N/A | N/A | 1.0 | 0% |
Bosnia and Herzegovina | 30.9 | 2.4 | 3.7 | 0.5 | -74.7% |
Montenegro | 1.1 | 0.2 | 0.4 | 0.2 | -43.3% |
Albania | N/A | N/A | 1.2 | N/A | 0% |
Netherlands | N/A | N/A | N/A | N/A | 0% |
Others | N/A | 0.4 | N/A | N/A | 0% |
Total | 90.6 | 25.2 | 96.6 | 208 | 31.9% |
Top Export Markets for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric from Serbia in 2022:
- Latvia (11.0 units)
- Croatia (2.0 units)
- Angola (1.0 units)
- Czech Republic (1.0 units)
- Portugal (1.0 units)
- Montenegro (1.0 units)
- North Macedonia (1.0 units)
- Slovenia (1.0 units)
- Germany (1.0 units)
- Bosnia and Herzegovina (1.0 units)
- Hungary (1.0 units)
This report provides an in-depth analysis of the market for industrial, laboratory or bakery oven in Serbia.
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