Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Belarus - 2022
Contents:
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Belarus (CIF) - 2022
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Belarus (FOB) - 2022
- Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Belarus
- Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Belarus
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Belarus (CIF) - 2022
The average import price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $4,149 per unit in 2022, rising by 25% against the previous year. Over the period under review, the import price enjoyed a resilient increase. The pace of growth was the most pronounced in 2013 an increase of 176% against the previous year. As a result, import price reached the peak level of $6,759 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($37,029 per unit), while the price for the United States ($389 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+34.3%), 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 Belarus (FOB) - 2022
The average export price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $4,835 per unit in 2022, increasing by 799% against the previous year. In general, the export price posted significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($3,094 per unit), while the average price for exports to Kazakhstan ($59 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 Latvia (+9.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Belarus
In 2022, purchases abroad of furnaces and ovens; industrial or laboratory induction or dielectrics decreased by -38.1% to 319 units, falling for the second consecutive year after two years of growth. Overall, imports, however, posted a mild expansion. The most prominent rate of growth was recorded in 2020 with an increase of 260%. As a result, imports reached the peak of 1.1K units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics dropped dramatically to $1.5M in 2022. Over the period under review, imports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 196%. As a result, imports attained the peak of $4.9M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 5.0 | 3,161 | 1,196 | 549 | 378.9% |
| Russia | 1,192 | 607 | 93.5 | 404 | -30.3% |
| Belgium | 69.7 | 77.4 | 98.0 | 105 | 14.6% |
| Bulgaria | 70.8 | 50.0 | 26.3 | 46.3 | -13.2% |
| China | 174 | 273 | 201 | 44.4 | -36.6% |
| Lithuania | 2.5 | 4.1 | 34.2 | 31.3 | 132.2% |
| South Korea | 5.4 | 5.5 | 6.4 | 6.3 | 5.3% |
| United States | 12.1 | 4.6 | 1.9 | 5.8 | -21.7% |
| Others | 119 | 703 | 352 | 322 | 39.3% |
| Total | 1,651 | 4,884 | 2,010 | 1,514 | -2.8% |
Top Suppliers of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric to Belarus in 2022:
- Poland (170.0 units)
- Russia (51.0 units)
- Lithuania (22.0 units)
- Belgium (16.0 units)
- United States (15.0 units)
- South Korea (15.0 units)
- China (9.0 units)
- Bulgaria (8.0 units)
Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Belarus
In 2022, after three years of growth, there was significant decline in shipments abroad of furnaces and ovens; industrial or laboratory induction or dielectrics, when their volume decreased by -60.9% to 313 units. In general, exports recorded a deep contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 29% against the previous year. The exports peaked at 800 units in 2021, and then contracted rapidly in the following year.
In value terms, exports of furnaces and ovens; industrial or laboratory induction or dielectrics rose sharply to $358K in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.
| Export of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 202 | 211 | 268 | 191 | -1.8% |
| Latvia | 47.4 | 38.7 | 42.7 | 31.6 | -12.6% |
| Hungary | N/A | N/A | N/A | 15.5 | 0% |
| Ukraine | 0.3 | 0.9 | 1.4 | 1.0 | 49.4% |
| Kazakhstan | 0.4 | 0.3 | 16.2 | 0.1 | -37.0% |
| Others | 0.7 | 6.0 | 7.3 | 119 | 454.0% |
| Total | 251 | 257 | 335 | 358 | 12.6% |
Top Export Markets for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric from Belarus in 2022:
- Russia (266.0 units)
- Latvia (32.0 units)
- Ukraine (5.0 units)
- Hungary (5.0 units)
- Kazakhstan (2.0 units)
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