Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Pakistan - 2023
Contents:
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Pakistan (CIF) - 2022
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Pakistan (FOB) - 2022
- Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Pakistan
- Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Pakistan
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Pakistan (CIF) - 2022
The average import price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $40,990 per unit in 2022, with an increase of 595% against the previous year. Overall, the import price recorded a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($6,049 per unit), while the price for South Korea ($661 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+37.0%), 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 Pakistan (FOB) - 2022
The average export price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $26 per unit in 2022, shrinking by -42.1% against the previous year. Overall, the export price saw a dramatic downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by 5,512% against the previous year. As a result, the export price attained the peak level of $18,553 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($77 per unit), while the average price for exports to Sudan ($18 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 Egypt (-16.4%), while the prices for the other major destinations experienced a decline.
Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Pakistan
In 2022, the amount of furnaces and ovens; industrial or laboratory induction or dielectrics imported into Pakistan surged to 1.2K units, increasing by 139% compared with the previous year. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 432% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics surged to $7.1M in 2022. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 290% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.3 | 0.2 | 1.8 | 5.0 | 155.4% |
| Turkey | N/A | N/A | 0.8 | 1.9 | 137.5% |
| India | 1.7 | 0.3 | N/A | N/A | -82.4% |
| Italy | 0.3 | 0.1 | N/A | N/A | -66.7% |
| Others | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Total | 2.3 | 0.7 | 2.5 | 7.1 | 45.6% |
Top Suppliers of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric to Pakistan in 2022:
- China (829.0 units)
- Turkey (402.0 units)
Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Pakistan
In 2022, the amount of furnaces and ovens; industrial or laboratory induction or dielectrics exported from Pakistan soared to 20K units, growing by 894% compared with the previous year's figure. In general, exports enjoyed a significant increase. 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 soared to $806K in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | N/A | N/A | N/A | 311 | 0% |
| Sudan | 12.4 | 27.5 | 53.9 | 51.2 | 60.4% |
| Qatar | N/A | N/A | N/A | 20.2 | 0% |
| Mali | N/A | N/A | 11.8 | 14.5 | 22.9% |
| Egypt | 69.4 | 26.8 | N/A | 6.4 | -54.8% |
| Others | 1.6 | 131 | 25.8 | 402 | 531.0% |
| Total | 83.4 | 185 | 91.6 | 806 | 113.0% |
Top Export Markets for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric from Pakistan in 2022:
- Iraq (16.4K units)
- Sudan (2.8K units)
- Qatar (0.5K units)
- Mali (0.4K units)
- Egypt (0.1K units)
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