Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Argentina - 2023

Contents:

  1. Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Argentina (CIF) - 2022
  2. Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Argentina

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

In 2022, the average import price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $13,616 per unit, declining by -30.3% against the previous year. In general, the import price saw a pronounced contraction. The growth pace was the most rapid in 2014 when the average import price increased by 613%. As a result, import price reached the peak level of $46,750 per unit. From 2015 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 India ($119,764 per unit), while the price for Canada ($180 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, after two years of decline, there was significant growth in overseas purchases of furnaces and ovens; industrial or laboratory induction or dielectrics, when their volume increased by 252% to 211 units. Overall, imports, however, continue to indicate a slight setback. Over the period under review, imports of attained the maximum at 220 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics surged to $2.7M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 213% against the previous year. Imports peaked at $2.7M in 2019; afterwards, it flattened through to 2022.

Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy15411.431684276.2%
India59.040.8458719130.1%
United States20010641.446132.1%
China18990.81592256.0%
Spain1,38513.672.956.6-65.6%
Chile8.89.09.715.721.3%
Mexico4.84.54.56.711.8%
Others678173346329-21.4%
Total2,6784491,4072,655-0.3%

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

  1. United States (129.0 units)
  2. China (34.0 units)
  3. Italy (21.0 units)
  4. Mexico (7.0 units)
  5. India (6.0 units)
  6. Chile (3.0 units)
  7. Spain (2.0 units)

Source: IndexBox Market Intelligence Platform

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