Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in New Zealand - 2022
Contents:
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in New Zealand (CIF) - 2022
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in New Zealand (FOB) - 2022
- Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in New Zealand
- Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in New Zealand
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in New Zealand (CIF) - 2022
The average import price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $2,126 per unit in 2022, which is down by -6% against the previous year. Overall, the import price saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 5.4%. Over the period under review, average import prices attained the peak figure at $2,635 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($9,824 per unit), while the price for the United States ($659 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.0%), 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 New Zealand (FOB) - 2022
The average export price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $1,720 per unit in 2022, picking up by 24% against the previous year. In general, the export price, however, saw a deep contraction. The pace of growth appeared the most rapid in 2021 an increase of 198% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,896 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($2,345 per unit), while the average price for exports to Samoa ($114 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 India (+144.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in New Zealand
In 2022, the amount of furnaces and ovens; industrial or laboratory induction or dielectrics imported into New Zealand reduced notably to 175 units, with a decrease of -55.4% against the previous year. Over the period under review, imports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 361%. Over the period under review, imports of hit record highs at 819 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics reduced markedly to $358K in 2022. Overall, imports recorded a sharp decrease. The pace of growth was the most pronounced in 2021 when imports increased by 165%. Over the period under review, imports of reached the maximum at $1.5M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 430 | 23.9 | 196 | 96.1 | -39.3% |
| China | 54.7 | 1.0 | 27.4 | 48.2 | -4.1% |
| Germany | 753 | 76.2 | 8.8 | 17.7 | -71.4% |
| Switzerland | 110 | 15.1 | 34.2 | 16.3 | -47.1% |
| Australia | 10.1 | 3.3 | 2.5 | 3.5 | -29.8% |
| Others | 106 | 49.7 | 180 | 176 | 18.4% |
| Total | 1,463 | 169 | 449 | 358 | -37.5% |
Top Suppliers of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric to New Zealand in 2022:
- United States (146.0 units)
- China (8.0 units)
- Australia (3.0 units)
- Germany (2.0 units)
- Switzerland (2.0 units)
Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in New Zealand
For the fourth consecutive year, New Zealand recorded growth in overseas shipments of furnaces and ovens; industrial or laboratory induction or dielectrics, which increased by 46% to 19 units in 2022. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 63% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of furnaces and ovens; industrial or laboratory induction or dielectrics skyrocketed to $24K in 2022. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 884%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
| Export of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in New Zealand (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | N/A | N/A | 18,083 | 0% |
| India | 161 | 558 | 5,153 | 2,345 | 144.2% |
| Indonesia | 32.0 | 19.0 | 338 | 1,370 | 249.8% |
| Fiji | 8.0 | 5.0 | 106 | 573 | 315.3% |
| Australia | 1.0 | 1.0 | 1.0 | 465 | 674.7% |
| Taiwan (Chinese) | 12.0 | 6.0 | 103 | 376 | 215.3% |
| Singapore | 13.0 | 6.0 | 59.0 | 181 | 140.6% |
| China | 3.0 | 2.0 | 37.0 | 148 | 266.8% |
| Samoa | 6.0 | 3.0 | 36.0 | 114 | 166.8% |
| Italy | N/A | N/A | 31.0 | N/A | 0% |
| Sweden | N/A | N/A | 2.0 | N/A | 0% |
| Others | N/A | 1.0 | 46.0 | N/A | 4500.0% |
| Total | 236 | 601 | 5,912 | 23,655 | 364.5% |
Top Export Markets for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric from New Zealand in 2022:
- Canada (11.0 units)
- Australia (1.0 units)
- Samoa (1.0 units)
- Taiwan (Chinese) (1.0 units)
- Singapore (1.0 units)
- Indonesia (1.0 units)
- India (1.0 units)
- China (1.0 units)
- Fiji (1.0 units)
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