Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Bulgaria - 2023
Contents:
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Bulgaria (CIF) - 2022
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Bulgaria (FOB) - 2022
- Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Bulgaria
- Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Bulgaria
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Bulgaria (CIF) - 2022
In 2022, the average import price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $3,844 per unit, rising by 7% against the previous year. Over the period under review, the import price, however, faced a deep contraction. The growth pace was the most rapid in 2017 an increase of 1,068%. The import price peaked at $40,822 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($25,089 per unit), while the price for the Netherlands ($399 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+60.7%), 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 Bulgaria (FOB) - 2022
In 2022, the average export price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $4,178 per unit, shrinking by -79.3% against the previous year. Over the period under review, the export price, however, recorded resilient growth. The pace of growth was the most pronounced in 2017 an increase of 983%. The export price peaked at $20,158 per unit in 2021, and then declined sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($10,256 per unit), while the average price for exports to Ukraine amounted to $960 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+30.5%), 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 Bulgaria
In 2022, approx. 95 units of furnaces and ovens; industrial or laboratory induction or dielectrics were imported into Bulgaria; picking up by 579% against 2021 figures. Overall, imports showed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics surged to $542K in 2022. Over the period under review, imports, however, continue to indicate a significant decline. Imports peaked at $3.5M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 2,325 | N/A | 84.8 | 383 | -45.2% |
| Germany | 97.1 | 24.8 | N/A | 45.6 | -22.3% |
| China | 8.3 | 23.8 | 21.0 | 44.9 | 75.5% |
| United States | 24.9 | N/A | 0.4 | 18.5 | -9.4% |
| Ukraine | N/A | N/A | N/A | 17.9 | 0% |
| Netherlands | N/A | N/A | 0.4 | 3.2 | 700.0% |
| Italy | 1,026 | N/A | N/A | 2.4 | -86.7% |
| Others | 29.2 | 6.6 | 37.0 | 26.5 | -3.2% |
| Total | 3,511 | 55.2 | 144 | 542 | -46.4% |
Top Suppliers of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric to Bulgaria in 2022:
- Turkey (32.0 units)
- Ukraine (30.0 units)
- Germany (13.0 units)
- Netherlands (8.0 units)
- China (5.0 units)
- United States (4.0 units)
- Italy (1.0 units)
Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Bulgaria
In 2022, approx. 26 units of furnaces and ovens; industrial or laboratory induction or dielectrics were exported from Bulgaria; dropping by -83.5% against the previous year's figure. Overall, exports recorded a dramatic decrease. The growth pace was the most rapid in 2021 with an increase of 61%. Over the period under review, the exports of attained the peak figure at 231 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of furnaces and ovens; industrial or laboratory induction or dielectrics shrank markedly to $109K in 2022. Over the period under review, exports recorded a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 627% against the previous year. As a result, the exports attained the peak of $3.2M, and then declined notably in the following year.
| Export of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 792 | 212 | N/A | 92.3 | -51.2% |
| Ukraine | N/A | N/A | N/A | 16.3 | 0% |
| Italy | N/A | 133 | N/A | N/A | 0% |
| Switzerland | 43.2 | 5.2 | N/A | N/A | -88.0% |
| Uganda | 26.0 | N/A | N/A | N/A | 0% |
| United Kingdom | 71.5 | N/A | N/A | N/A | 0% |
| India | 126 | N/A | 85.1 | N/A | -17.8% |
| Iran | N/A | N/A | 2,939 | N/A | 0% |
| Israel | N/A | 4.9 | 134 | N/A | 2634.7% |
| Turkey | 4.5 | 75.3 | N/A | N/A | 1573.3% |
| Others | 145 | 11.3 | 46.8 | N/A | -43.2% |
| Total | 1,208 | 441 | 3,205 | 109 | -55.1% |
Top Export Markets for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric from Bulgaria in 2022:
- Ukraine (17.0 units)
- United States (9.0 units)
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