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

Contents:

  1. Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Myanmar (CIF) - 2022
  2. Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Myanmar

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

In 2022, the average import price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $22 per unit, with an increase of 466% against the previous year. Over the period under review, the import price, however, recorded a dramatic descent. The import price peaked at $214 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 France ($76 per unit), while the price for Italy ($19 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.8%), while the prices for the other major suppliers experienced a decline.

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

Imports of furnaces and ovens; industrial or laboratory induction or dielectrics into Myanmar plummeted to 14K units in 2022, waning by -51.4% against 2021. Over the period under review, imports faced a sharp setback. The smallest decline of -4.3% was in 2020. Imports peaked at 70K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics dropped rapidly to $379K in 2022. Overall, imports saw a sharp downturn. The smallest decline of -1% was in 2020. Imports peaked at $1.4M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,083559280265-37.5%
France10.020120615.515.7%
India2.73601.37.339.3%
Italy52.744.125.06.9-49.2%
Others20517614184.2-25.7%
Total1,3541,340653379-34.6%

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

  1. China (12.5K units)
  2. Italy (0.4K units)
  3. France (0.2K units)
  4. India (0.2K units)

Source: IndexBox Market Intelligence Platform

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