Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Colombia - 2022
Contents:
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Colombia (CIF) - 2022
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Colombia (FOB) - 2022
- Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Colombia
- Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Colombia
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Colombia (CIF) - 2022
The average import price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $1,015 per unit in 2022, falling by -53.1% against the previous year. In general, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2013 when the average import price increased by 79% against the previous year. As a result, import price attained the peak level of $10,496 per unit. From 2014 to 2022, the average 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 Italy ($13,909 per unit), while the price for Thailand ($119 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.2%), while the prices for the other major suppliers experienced a decline.
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Colombia (FOB) - 2022
In 2022, the average export price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $16,777 per unit, picking up by 274% against the previous year. Overall, the export price saw a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($49,647 per unit), while the average price for exports to Costa Rica ($180 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 Peru (+428.6%), 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 Colombia
In 2022, the amount of furnaces and ovens; industrial or laboratory induction or dielectrics imported into Colombia skyrocketed to 845 units, increasing by 164% compared with 2021. Overall, imports showed a significant increase. As a result, imports attained 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 $1.3M in 2022. Over the period under review, imports posted a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 87.5 | 72.5 | 354 | 656 | 95.7% |
| Italy | 104 | 87.6 | 110 | 209 | 26.2% |
| China | 147 | 38.6 | 39.6 | 134 | -3.0% |
| Germany | 62.1 | 24.4 | 4.4 | 14.9 | -37.9% |
| South Korea | 66.9 | 20.1 | 2.7 | 10.4 | -46.2% |
| Thailand | N/A | N/A | N/A | 6.6 | 0% |
| Others | 386 | 201 | 156 | 267 | -11.6% |
| Total | 853 | 444 | 666 | 1,297 | 15.0% |
Top Suppliers of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric to Colombia in 2022:
- United States (509.0 units)
- China (207.0 units)
- Thailand (56.0 units)
- Italy (15.0 units)
- South Korea (12.0 units)
- Germany (7.0 units)
Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Colombia
In 2022, the amount of furnaces and ovens; industrial or laboratory induction or dielectrics exported from Colombia soared to 6 units, increasing by 20% compared with the previous year. The total export volume increased at an average annual rate of +14.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 25% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of furnaces and ovens; industrial or laboratory induction or dielectrics skyrocketed to $67K in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | N/A | 1.8 | N/A | 49.6 | 424.9% |
| Guyana | N/A | N/A | N/A | 14.0 | 0% |
| Dominican Republic | 1.6 | 0.6 | 3.3 | 1.2 | -9.1% |
| United States | 4.4 | 0.3 | 3.9 | 1.1 | -37.0% |
| Panama | 2.0 | 0.2 | 1.3 | 1.0 | -20.6% |
| Costa Rica | 0.3 | 0.1 | 0.5 | 0.2 | -12.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.3 | 2.9 | 9.0 | 67.1 | 100.7% |
Top Export Markets for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric from Colombia in 2022:
- Panama (1.0 units)
- Costa Rica (1.0 units)
- United States (1.0 units)
- Peru (1.0 units)
- Guyana (1.0 units)
- Dominican Republic (1.0 units)
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