Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in France - 2023

Contents:

1. Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in France (CIF) - 2022
2. Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in France (FOB) - 2022
3. Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in France
4. Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in France

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

In 2022, the average import price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $520 per unit, which is down by -43.1% against the previous year. Over the period under review, the import price showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 7.5% against the previous year. Over the period under review, average import prices hit record highs at $1,149 per unit in 2012; however, from 2013 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 Germany ($2,455 per unit), while the price for Poland ($325 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $1,406 per unit, declining by -41.9% against the previous year. Over the period under review, the export price showed a abrupt curtailment. The growth pace was the most rapid in 2014 when the average export price increased by 3.4%. The export price peaked at $3,966 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($5,512 per unit), while the average price for exports to the Netherlands ($1,310 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 Pakistan (+45.0%), 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 France

For the fourth consecutive year, France recorded growth in supplies from abroad of furnaces and ovens; industrial or laboratory induction or dielectrics, which increased by 39% to 8.3K units in 2022. In general, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 83%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics surged to $7.3M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

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

1. Malaysia (3601.0 units)
2. United Kingdom (1409.0 units)
3. Thailand (1099.0 units)
4. Germany (738.0 units)
5. China (459.0 units)
6. Netherlands (277.0 units)
7. Belgium (192.0 units)
8. Poland (60.0 units)

Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in France

In 2022, shipments abroad of furnaces and ovens; industrial or laboratory induction or dielectrics decreased by -68.7% to 2.2K units for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a precipitous shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 26%. Over the period under review, the exports of attained the maximum at 7K units in 2021, and then shrank rapidly in the following year.

In value terms, exports of furnaces and ovens; industrial or laboratory induction or dielectrics reduced remarkably to $4M in 2022. Overall, exports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 31% against the previous year. As a result, the exports attained the peak of $22M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric from France in 2022:

1. Belgium (1081.0 units)
2. Austria (304.0 units)
3. Netherlands (229.0 units)
4. Switzerland (154.0 units)
5. Italy (146.0 units)
6. Germany (88.0 units)
7. China (63.0 units)
8. Russia (1.0 units)

Source: IndexBox Market Intelligence Platform