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

Contents:

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

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

The average import price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $415 per unit in 2022, declining by -44.1% against the previous year. Overall, the import price continues to indicate a significant curtailment. The growth pace was the most rapid in 2014 when the average import price increased by 6,470%. Over the period under review, average import prices attained the maximum at $52,999 per unit in 2016; however, from 2017 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 China ($9,180 per unit), while the price for Italy ($90 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 (+13.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of furnaces and ovens; industrial or laboratory induction or dielectrics imported into Bolivia soared to 1.1K units, picking up by 287% compared with the previous year's figure. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 689% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics soared to $646K in 2022. Over the period under review, imports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,298% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil51.123.210431282.8%
China8.90.3189138149.4%
NetherlandsN/AN/AN/A1270%
United States11.54.213157.771.2%
Germany3.82.87.53.2-5.6%
Others2.91.719.78.543.1%
Total78.232.3452646102.2%

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

  1. Brazil (786.0 units)
  2. Netherlands (219.0 units)
  3. United States (32.0 units)
  4. China (15.0 units)
  5. Germany (7.0 units)

Source: IndexBox Market Intelligence Platform

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