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

Contents:

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

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

The average import price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $2,071 per unit in 2022, shrinking by -85.9% against the previous year. In general, the import price saw a mild contraction. The pace of growth appeared the most rapid in 2016 when the average import price increased by 1,160%. The import price peaked at $35,592 per unit in 2020; however, from 2021 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 India ($8,107 per unit), while the price for China ($162 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+41.2%), 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 Norway (FOB) - 2022

The average export price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $43,353 per unit in 2022, increasing by 567% against the previous year. Overall, the export price saw strong growth. The growth pace was the most rapid in 2021 when the average export price increased by 873%. The export price peaked at $167,690 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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 Germany ($16,230 per unit), while the average price for exports to Denmark ($260 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 Italy (+64.7%), 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 Norway

After three years of growth, supplies from abroad of furnaces and ovens; industrial or laboratory induction or dielectrics decreased by -94.6% to 655 units in 2022. In general, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 576% against the previous year. As a result, imports attained the peak of 12K units, and then declined dramatically in the following year.

In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics declined sharply to $1.5M in 2022. Overall, imports saw a dramatic slump. The pace of growth was the most pronounced in 2020 with an increase of 112%. As a result, imports attained the peak of $8.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. Italy (219.0 units)
2. China (188.0 units)
3. Germany (137.0 units)
4. Sweden (34.0 units)
5. Czech Republic (20.0 units)
6. Vietnam (15.0 units)
7. India (12.0 units)
8. United Kingdom (3.0 units)

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

In 2022, exports of furnaces and ovens; industrial or laboratory induction or dielectrics from Norway soared to 248 units, surging by 1,967% on the previous year's figure. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of furnaces and ovens; industrial or laboratory induction or dielectrics surged to $434K in 2022. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 1,522%. The exports peaked in 2022 and are expected to retain growth in the near future.

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

1. Sweden (224.0 units)
2. Denmark (12.0 units)
3. Germany (8.0 units)

Source: IndexBox Market Intelligence Platform