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

Contents:

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

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

The average import price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $11,901 per unit in 2022, increasing by 8.9% against the previous year. Over the period under review, the import price, however, showed a perceptible decrease. The pace of growth appeared the most rapid in 2019 an increase of 167%. The import price peaked at $16,916 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($63,272 per unit), while the price for Austria ($660 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 (+18.9%), 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 Indonesia (FOB) - 2022

In 2022, the average export price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $3,512 per unit, picking up by 34% against the previous year. Overall, the export price, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2014 an increase of 61% against the previous year. Over the period under review, the average export prices attained the peak figure at $12,469 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Thailand ($17,419 per unit), while the average price for exports to Timor-Leste ($32 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 South Korea (+52.1%), 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 Indonesia

In 2022, supplies from abroad of furnaces and ovens; industrial or laboratory induction or dielectrics increased by 124% to 952 units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a noticeable curtailment. Over the period under review, imports of attained the maximum at 1K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics surged to $12M in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (362.0 units)
2. United States (102.0 units)
3. Denmark (93.0 units)
4. Turkey (90.0 units)
5. Italy (48.0 units)
6. Taiwan (Chinese) (48.0 units)
7. United Kingdom (45.0 units)
8. South Korea (37.0 units)
9. Netherlands (19.0 units)
10. Philippines (18.0 units)
11. India (9.0 units)
12. Germany (9.0 units)
13. Singapore (2.0 units)

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

In 2022, approx. 41 units of furnaces and ovens; industrial or laboratory induction or dielectrics were exported from Indonesia; waning by -2.4% on the year before. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 180% against the previous year. As a result, the exports reached the peak of 42 units, and then dropped in the following year.

In value terms, exports of furnaces and ovens; industrial or laboratory induction or dielectrics rose remarkably to $155K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 340%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

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

1. Japan (11.0 units)
2. United States (9.0 units)
3. Taiwan (Chinese) (6.0 units)
4. South Korea (5.0 units)
5. Netherlands (1.0 units)
6. Myanmar (1.0 units)
7. Singapore (1.0 units)
8. Philippines (1.0 units)
9. Malaysia (1.0 units)
10. Vietnam (1.0 units)
11. Timor-Leste (1.0 units)
12. China (1.0 units)
13. Thailand (1.0 units)

Source: IndexBox Market Intelligence Platform