Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Canada - 2024
Contents:
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Canada (CIF) - 2022
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Canada (FOB) - 2024
- Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Canada
- Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Canada
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Canada (CIF) - 2022
In 2022, the average import price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $597 per unit, rising by 19% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 103%. The import price peaked at $1,352 per unit in 2016; however, from 2017 to 2022, 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 the UK ($3,834 per unit), while the price for the Netherlands ($166 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 (+7.0%), 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 Canada (FOB) - 2024
The average export price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $3,767 per unit in January 2024, dropping by -63.3% against the previous month. In general, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 690% m-o-m. The export price peaked at $13,078 per unit in May 2023; afterwards, it flattened through to January 2024.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($41,620 per unit), while the average price for exports to the United States amounted to $1,462 per unit.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-16.1%).
Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Canada
Imports of furnaces and ovens; industrial or laboratory induction or dielectrics into Canada skyrocketed to 12K units in 2022, growing by 34% compared with 2021 figures. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +99.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics skyrocketed to $13M in 2022. Overall, imports saw a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 46% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.3 | 3.3 | 3.8 | 5.4 | -5.0% |
| United Kingdom | 1.3 | 1.8 | 3.6 | 4.3 | 49.0% |
| Germany | 0.5 | 0.5 | 0.7 | 1.4 | 40.9% |
| China | 0.6 | 0.3 | 0.4 | 0.7 | 5.3% |
| New Zealand | N/A | N/A | N/A | 0.4 | 0% |
| Italy | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Netherlands | 0.1 | N/A | N/A | 0.1 | 0.0% |
| South Korea | 0.4 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.1 | 0.1 | 0.3 | 14.5% |
| Total | 9.4 | 6.0 | 8.8 | 12.7 | 10.5% |
Top Suppliers of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric to Canada in 2022:
- United States (4.3K units)
- China (3.1K units)
- Germany (1.6K units)
- United Kingdom (1.1K units)
- Italy (0.6K units)
- New Zealand (0.6K units)
- Netherlands (0.4K units)
Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Canada
In 2022, approx. 353 units of furnaces and ovens; industrial or laboratory induction or dielectrics were exported from Canada; growing by 243% on 2021. Over the period under review, exports showed significant 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 $3M in 2022. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 50%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 492 | 199 | 324 | 1,729 | 52.0% |
| Slovakia | N/A | N/A | N/A | 405 | 0% |
| Hong Kong SAR | 20.5 | N/A | N/A | 167 | 101.2% |
| Indonesia | 173 | 41.2 | 83.0 | 83.4 | -21.6% |
| Germany | 44.4 | 104 | 1,115 | 56.0 | 8.0% |
| Kazakhstan | N/A | 540 | 1.3 | 0.2 | -98.1% |
| Others | 804 | 472 | 513 | 551 | -11.8% |
| Total | 1,533 | 1,356 | 2,037 | 2,990 | 24.9% |
Top Export Markets for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric from Canada in 2022:
- United States (288.0 units)
- Slovakia (15.0 units)
- Hong Kong SAR (8.0 units)
- Indonesia (3.0 units)
- Germany (1.0 units)
- Kazakhstan (1.0 units)
297
This report provides an in-depth analysis of the electric oven market in Canada.
251
This report provides an in-depth analysis of the market for electrical induction industrial oven in Canada.
383
This report provides an in-depth analysis of the market for industrial, laboratory or bakery oven in Canada.
311
This report provides an in-depth analysis of the market for resistance heated industrial oven in Canada.
391
Global Electric Oven Market Report 2018. This report provides an in-depth analysis of the global electric oven market.
351
Global Electrical Induction Industrial Oven Market Report 2018. This report provides an in-depth analysis of the global market for electrical induction industrial oven.
597
This report provides an in-depth analysis of the global market for industrial, laboratory or bakery oven.
398
Global Resistance Heated Industrial Oven Market Report 2018. This report provides an in-depth analysis of the global market for resistance heated industrial oven.
297
This report provides an in-depth analysis of the electric oven market in Canada.
251
This report provides an in-depth analysis of the market for electrical induction industrial oven in Canada.
Nothing found. Please try again.
