Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in South Korea - 2022
Contents:
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in South Korea (FOB) - 2022
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in South Korea (CIF) - 2022
- Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in South Korea
- Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in South Korea
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in South Korea (FOB) - 2022
In 2022, the average export price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $546 per unit, dropping by -48.9% against the previous year. Overall, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2019 when the average export price increased by 137% against the previous year. The export price peaked at $1,964 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($1,486 per unit), while the average price for exports to Russia ($126 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 Belgium (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in South Korea (CIF) - 2022
In 2022, the average import price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $5,113 per unit, declining by -24.5% against the previous year. Over the period under review, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 an increase of 51% against the previous year. Over the period under review, average import prices hit record highs at $22,259 per unit in 2018; however, from 2019 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 ($59,659 per unit), while the price for Belgium ($630 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+81.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in South Korea
In 2022, exports of furnaces and ovens; industrial or laboratory induction or dielectrics from South Korea reduced to 9.9K units, which is down by -6.2% on 2021. In general, exports recorded a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 99% against the previous year. Over the period under review, the exports of attained the maximum at 30K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of furnaces and ovens; industrial or laboratory induction or dielectrics soared to $8.3M in 2022. Overall, exports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 82% against the previous year. Over the period under review, the exports of reached the maximum at $13M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,635 | 1,027 | 1,618 | 2,531 | -1.3% |
| Vietnam | 607 | 659 | 631 | 1,200 | 25.5% |
| Poland | 989 | 444 | 3.4 | 1,057 | 2.2% |
| Netherlands | 55.6 | 63.5 | 132 | 1,045 | 165.9% |
| Nepal | 3.5 | 2.6 | 842 | 645 | 469.1% |
| Ukraine | 80.5 | 136 | 300 | 470 | 80.1% |
| Mexico | 1,236 | 15.5 | 1,034 | 246 | -41.6% |
| United States | 5,044 | 9.9 | 22.7 | 188 | -66.6% |
| Malaysia | 214 | 92.9 | 52.7 | 11.3 | -62.5% |
| Belgium | 622 | 2.2 | 4.4 | 4.4 | -80.8% |
| Others | 1,894 | 1,380 | 2,329 | 852 | -23.4% |
| Total | 13,380 | 3,834 | 6,968 | 8,250 | -14.9% |
Top Export Markets for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric from South Korea in 2022:
- Nepal (3425.0 units)
- China (1704.0 units)
- Netherlands (1307.0 units)
- Poland (875.0 units)
- Vietnam (808.0 units)
- United States (548.0 units)
- Mexico (396.0 units)
- Ukraine (317.0 units)
- Malaysia (35.0 units)
- Belgium (4.0 units)
Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in South Korea
In 2022, approx. 1.5K units of furnaces and ovens; industrial or laboratory induction or dielectrics were imported into South Korea; with an increase of 97% against 2021. Overall, imports posted a significant increase. As a result, imports reached 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 skyrocketed to $6.7M in 2022. Over the period under review, imports, however, continue to indicate a deep downturn. Imports peaked at $8.4M in 2020; however, from 2021 to 2022, imports failed to regain momentum.
| Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,418 | 1,008 | 1,048 | 1,653 | 5.2% |
| Russia | 1,095 | 1,124 | 1,385 | 1,577 | 12.9% |
| Germany | 766 | 204 | 199 | 1,060 | 11.4% |
| United States | 249 | 150 | 50.4 | 906 | 53.8% |
| Switzerland | 573 | 240 | 62.7 | 304 | -19.0% |
| Italy | 2,459 | 1,537 | 759 | 117 | -63.8% |
| France | 520 | 946 | 1.8 | 87.9 | -44.7% |
| Poland | N/A | 1,292 | N/A | N/A | 0% |
| Others | 844 | 1,922 | 1,464 | 1,001 | 5.9% |
| Total | 7,925 | 8,422 | 4,971 | 6,708 | -5.4% |
Top Suppliers of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric to South Korea in 2022:
- United States (789.0 units)
- Russia (256.0 units)
- China (195.0 units)
- Switzerland (54.0 units)
- Germany (35.0 units)
- France (30.0 units)
- Italy (2.0 units)
274
This report provides an in-depth analysis of the market for electrical induction industrial or laboratory furnaces and ovens in Republic of Korea.
475
This report provides an in-depth analysis of the market for industrial, laboratory or bakery oven in Republic of Korea.
310
This report provides an in-depth analysis of the market for resistance heated industrial or laboratory furnaces and ovens in Republic of Korea.
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.
274
This report provides an in-depth analysis of the market for electrical induction industrial or laboratory furnaces and ovens in Republic of Korea.
475
This report provides an in-depth analysis of the market for industrial, laboratory or bakery oven in Republic of Korea.
310
This report provides an in-depth analysis of the market for resistance heated industrial or laboratory furnaces and ovens in Republic of Korea.
Nothing found. Please try again.
