Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Japan - 2024

Contents:

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

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

The average export price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $64,442 per unit in 2022, picking up by 18% against the previous year. Overall, the export price recorded strong growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 18% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

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 China ($441,505 per unit), while the average price for exports to Germany ($6,295 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 the United States (+33.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $2,138 per unit, which is down by -5.9% against the previous year. Overall, the import price saw a noticeable slump. The growth pace was the most rapid in 2014 an increase of 5.1% against the previous year. The import price peaked at $2,672 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,769 per unit), while the price for Singapore ($586 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, shipments abroad of furnaces and ovens; industrial or laboratory induction or dielectrics was finally on the rise to reach 511 units after two years of decline. Over the period under review, exports, however, recorded a slight reduction. Over the period under review, the exports of reached the maximum at 530 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of furnaces and ovens; industrial or laboratory induction or dielectrics surged to $18M in 2022. Overall, exports, however, recorded a perceptible setback. The exports peaked at $21M in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Export of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico0.52.31.86.5135.1%
China3.96.21.23.5-3.5%
Taiwan (Chinese)N/A0.90.63.185.6%
Thailand3.91.23.01.7-24.2%
United States6.62.23.21.3-41.8%
Indonesia0.71.71.61.219.7%
India1.10.10.80.4-28.6%
MalaysiaN/A0.5N/A0.3-22.5%
Hong Kong SARN/AN/A0.2N/A0%
Vietnam1.04.0N/AN/A300.0%
Singapore0.80.9N/AN/A12.5%
South AfricaN/AN/A0.8N/A0%
Czech Republic1.3N/AN/AN/A0%
Others0.81.10.10.4-20.6%
Total20.521.113.218.5-3.4%

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

  1. Mexico (394.0 units)
  2. Taiwan (Chinese) (60.0 units)
  3. Thailand (14.0 units)
  4. Indonesia (8.0 units)
  5. China (8.0 units)
  6. India (6.0 units)
  7. Malaysia (5.0 units)
  8. United States (3.0 units)
  9. Singapore (1.0 units)
  10. Vietnam (1.0 units)

Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Japan

In 2022, imports of furnaces and ovens; industrial or laboratory induction or dielectrics into Japan soared to 6.2K units, with an increase of 144% against the year before. Over the period under review, imports recorded significant growth. Imports peaked at 6.3K units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics soared to $12M in 2022. In general, imports posted a resilient increase. Imports peaked at $14M in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.43.62.05.920.2%
VietnamN/AN/AN/A4.40%
NetherlandsN/A0.10.10.4100.0%
United States0.90.12.60.3-30.7%
United Kingdom0.30.10.10.2-12.6%
South Korea0.2N/A0.10.20.0%
SingaporeN/AN/AN/A0.10%
Germany2.76.10.4N/A-61.5%
AustriaN/A2.7N/AN/A0%
Australia0.1N/A0.1N/A0.0%
Others0.60.80.10.2-30.7%
Total8.213.65.511.812.9%

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

  1. Vietnam (3434.0 units)
  2. China (1575.0 units)
  3. United States (328.0 units)
  4. Netherlands (289.0 units)
  5. United Kingdom (132.0 units)
  6. South Korea (123.0 units)
  7. Singapore (107.0 units)
  8. Australia (25.0 units)
  9. Germany (16.0 units)

Source: IndexBox Market Intelligence Platform

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