Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Malaysia - 2024
Contents:
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Malaysia (CIF) - 2022
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Malaysia (FOB) - 2022
- Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Malaysia
- Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Malaysia
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Malaysia (CIF) - 2022
In 2022, the average import price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $119 per unit, which is down by -71.6% against the previous year. Overall, the import price continues to indicate a significant decline. The pace of growth was the most pronounced in 2014 when the average import price increased by 328%. The import price peaked at $7,929 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 United States ($5,258 per unit), while the price for South Korea ($267 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-5.8%), while the prices for the other major suppliers experienced a decline.
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Malaysia (FOB) - 2022
The average export price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $1,740 per unit in 2022, which is down by -19.8% against the previous year. Overall, the export price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 582% against the previous year. As a result, the export price reached the peak level of $3,357 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($6,870 per unit), while the average price for exports to Indonesia ($1,133 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 Indonesia (+11.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Malaysia
In 2022, approx. 24K units of furnaces and ovens; industrial or laboratory induction or dielectrics were imported into Malaysia; with an increase of 157% compared with the previous year's figure. Overall, imports showed significant growth. 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 $12M in 2022. In general, imports showed significant growth. 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 Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.5 | 2.5 | 2.1 | 4.7 | 1.5% |
| South Korea | 1.1 | 0.1 | 0.4 | 1.9 | 20.0% |
| India | 0.6 | 0.4 | N/A | 0.6 | 0.0% |
| Japan | 0.1 | 2.2 | 0.2 | 0.3 | 44.2% |
| Indonesia | N/A | N/A | N/A | 0.2 | 0% |
| Cocos (Keeling) Islands | N/A | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.6 | 1.2 | 4.2 | 141.0% |
| Total | 6.6 | 5.9 | 4.0 | 11.9 | 21.7% |
Top Suppliers of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric to Malaysia in 2022:
- China (14.5K units)
- South Korea (7.0K units)
- Indonesia (0.4K units)
- India (0.4K units)
- Japan (0.4K units)
Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Malaysia
Exports of furnaces and ovens; industrial or laboratory induction or dielectrics from Malaysia soared to 349 units in 2022, rising by 107% on the year before. Over the period under review, exports, however, recorded a noticeable descent. Over the period under review, the exports of attained the maximum at 504 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of furnaces and ovens; industrial or laboratory induction or dielectrics soared to $613K in 2022. Overall, exports showed a relatively flat trend pattern. Over the period under review, the exports of reached the peak figure at $664K 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 Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 7.6 | 37.4 | 105 | 248 | 219.6% |
| China | N/A | 9.4 | 41.5 | 154 | 304.8% |
| Hong Kong SAR | N/A | N/A | N/A | 61.8 | 0% |
| Indonesia | 13.2 | 11.4 | 6.2 | 29.4 | 30.6% |
| Germany | 239 | 50.7 | 25.1 | 25.0 | -52.9% |
| Philippines | 10.6 | 1.6 | 2.3 | 19.9 | 23.4% |
| India | N/A | 129 | 4.6 | 14.3 | -66.7% |
| Ireland | N/A | N/A | N/A | 12.2 | 0% |
| United States | 28.4 | 14.2 | 49.2 | 7.9 | -34.7% |
| Taiwan (Chinese) | N/A | 169 | N/A | N/A | 0% |
| Others | 313 | 241 | 54.9 | 39.5 | -49.8% |
| Total | 612 | 664 | 289 | 613 | 0.1% |
Top Export Markets for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric from Malaysia in 2022:
- China (129.0 units)
- Singapore (118.0 units)
- Indonesia (26.0 units)
- Germany (17.0 units)
- Philippines (10.0 units)
- India (9.0 units)
- Hong Kong SAR (9.0 units)
- Ireland (7.0 units)
- United States (5.0 units)
335
This report provides an in-depth analysis of the electric oven market in Malaysia.
297
This report provides an in-depth analysis of the market for electrical induction industrial oven in Malaysia.
361
This report provides an in-depth analysis of the market for industrial, laboratory or bakery oven in Malaysia.
291
This report provides an in-depth analysis of the market for resistance heated industrial oven in Malaysia.
405
Global Electric Oven Market Report 2018. This report provides an in-depth analysis of the global electric oven market.
353
Global Electrical Induction Industrial Oven Market Report 2018. This report provides an in-depth analysis of the global market for electrical induction industrial oven.
600
This report provides an in-depth analysis of the global market for industrial, laboratory or bakery oven.
399
Global Resistance Heated Industrial Oven Market Report 2018. This report provides an in-depth analysis of the global market for resistance heated industrial oven.
335
This report provides an in-depth analysis of the electric oven market in Malaysia.
297
This report provides an in-depth analysis of the market for electrical induction industrial oven in Malaysia.
Nothing found. Please try again.
