Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in the United States - 2024
Contents:
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in the United States (FOB) - 2022
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in the United States (CIF) - 2022
- Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in the United States
- Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in the United States
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in the United States (FOB) - 2022
In 2022, the average export price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $1,860 per unit, jumping by 43% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $2,020 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($9,527 per unit), while the average price for exports to the United Arab Emirates ($491 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 Malaysia (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in the United States (CIF) - 2022
The average import price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $174 per unit in 2022, shrinking by -4.2% against the previous year. In general, the import price showed a noticeable curtailment. The most prominent rate of growth was recorded in 2019 an increase of 65% against the previous year. As a result, import price reached the peak level of $421 per unit. From 2020 to 2022, the average import prices remained at a 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 South Korea ($4,384 per unit), while the price for the Netherlands ($134 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in the United States
Exports of furnaces and ovens; industrial or laboratory induction or dielectrics from the United States soared to 40K units in 2022, increasing by 59% compared with the previous year's figure. Overall, exports recorded resilient growth. 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 skyrocketed to $76M in 2022. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 0.2 | 0.2 | 0.2 | 16.6 | 336.2% |
| Mexico | 7.1 | 4.8 | 6.0 | 11.8 | 18.5% |
| China | 6.6 | 0.7 | 5.1 | 4.9 | -9.5% |
| Belgium | 3.1 | 2.4 | 3.1 | 4.4 | 12.4% |
| Brazil | 2.5 | 1.4 | 2.1 | 3.6 | 12.9% |
| Taiwan (Chinese) | 0.6 | 3.7 | 0.5 | 2.1 | 51.8% |
| Australia | 0.9 | 1.6 | 1.8 | 1.8 | 26.0% |
| United Kingdom | 1.1 | 1.8 | 1.8 | 1.8 | 17.8% |
| United Arab Emirates | 0.4 | 0.7 | 0.9 | 1.7 | 62.0% |
| Turkey | N/A | N/A | 0.1 | 1.3 | 1200.0% |
| Saudi Arabia | 0.6 | 0.4 | 0.6 | 1.3 | 29.4% |
| Philippines | 0.2 | 0.2 | 0.4 | 0.9 | 65.1% |
| Hong Kong SAR | 0.7 | 0.1 | 0.5 | 0.6 | -5.0% |
| Others | 17.6 | 12.6 | 10.8 | 22.5 | 8.5% |
| Total | 41.6 | 30.6 | 33.9 | 75.5 | 22.0% |
Top Export Markets for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric from the United States in 2022:
- Belgium (7.5K units)
- Mexico (5.6K units)
- United Arab Emirates (3.5K units)
- Saudi Arabia (2.1K units)
- United Kingdom (1.9K units)
- China (1.9K units)
- Malaysia (1.7K units)
- Brazil (1.5K units)
- Taiwan (Chinese) (1.5K units)
- Australia (1.3K units)
- Turkey (0.9K units)
- Philippines (0.9K units)
- Hong Kong SAR (0.9K units)
Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in the United States
In 2022, approx. 46K units of furnaces and ovens; industrial or laboratory induction or dielectrics were imported into the United States; reducing by -5.8% on the previous year's figure. Over the period under review, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 12%. Imports peaked at 57K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics surged to $56M in 2022. In general, imports saw a abrupt contraction. Over the period under review, imports of hit record highs at $77M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 10.3 | 6.8 | 5.9 | 11.2 | 2.8% |
| Germany | 23.0 | 8.8 | 4.7 | 9.0 | -26.9% |
| China | 5.9 | 6.1 | 5.0 | 8.0 | 10.7% |
| Vietnam | N/A | N/A | 1.2 | 6.4 | 433.3% |
| Japan | 6.7 | 4.7 | 5.8 | 5.7 | -5.2% |
| Italy | 1.1 | 1.6 | 1.2 | 2.9 | 38.1% |
| United Kingdom | 18.7 | 21.3 | 3.8 | 0.3 | -74.8% |
| Netherlands | 1.6 | 1.0 | 0.5 | 0.2 | -50.0% |
| South Korea | 6.2 | 0.1 | N/A | N/A | -98.4% |
| Others | 3.3 | 3.6 | 3.1 | 12.5 | 55.9% |
| Total | 76.9 | 54.1 | 31.2 | 56.2 | -9.9% |
Top Suppliers of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric to the United States in 2022:
- Japan (17.5K units)
- Thailand (6.1K units)
- China (4.5K units)
- Italy (4.4K units)
- Germany (4.1K units)
- Vietnam (3.6K units)
- Netherlands (1.8K units)
- United Kingdom (0.1K units)
342
This report provides an in-depth analysis of the electric oven market in the USA.
312
This report provides an in-depth analysis of the market for electrical induction industrial oven in the USA.
401
This report provides an in-depth analysis of the market for industrial, laboratory or bakery oven in the U.S..
353
This report provides an in-depth analysis of the market for resistance heated industrial oven in the USA.
376
Global Electric Oven Market Report 2018. This report provides an in-depth analysis of the global electric oven market.
341
Global Electrical Induction Industrial Oven Market Report 2018. This report provides an in-depth analysis of the global market for electrical induction industrial oven.
581
This report provides an in-depth analysis of the global market for industrial, laboratory or bakery oven.
395
Global Resistance Heated Industrial Oven Market Report 2018. This report provides an in-depth analysis of the global market for resistance heated industrial oven.
342
This report provides an in-depth analysis of the electric oven market in the USA.
312
This report provides an in-depth analysis of the market for electrical induction industrial oven in the USA.
Nothing found. Please try again.
