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

Contents:

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

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

The average export price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $5,217 per unit in 2022, increasing by 21% against the previous year. In general, the export price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2014 an increase of 230% against the previous year. The export price peaked at $60,658 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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 Japan ($370,203 per unit), while the average price for exports to Denmark ($385 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 Japan (+12.7%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $843 per unit, reducing by -22.3% against the previous year. Over the period under review, the import price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by 314%. As a result, import price reached the peak level of $3,103 per unit. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($10,427 per unit), while the price for Malaysia ($206 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+21.8%), 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 Sweden

After three years of growth, shipments abroad of furnaces and ovens; industrial or laboratory induction or dielectrics decreased by -64.1% to 760 units in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 433% against the previous year. As a result, the exports reached the peak of 2.1K units, and then shrank notably in the following year.

In value terms, exports of furnaces and ovens; industrial or laboratory induction or dielectrics dropped rapidly to $8.6M in 2022. Over the period under review, total exports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +3.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +31.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 70% against the previous year. As a result, the exports attained the peak of $11M, and then declined significantly in the following year.

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

1. United Kingdom (244.0 units)
2. Turkey (62.0 units)
3. China (57.0 units)
4. United States (56.0 units)
5. Italy (51.0 units)
6. Greece (51.0 units)
7. Denmark (45.0 units)
8. Romania (39.0 units)
9. Germany (39.0 units)
10. Norway (30.0 units)

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

Imports of furnaces and ovens; industrial or laboratory induction or dielectrics into Sweden soared to 4.5K units in 2022, picking up by 150% compared with the year before. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 160%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics surged to $3.9M in 2022. Overall, imports, however, faced a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 195%. Imports peaked at $7.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

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

1. Malaysia (3812.0 units)
2. Italy (147.0 units)
3. United Kingdom (111.0 units)
4. Belgium (106.0 units)
5. Norway (101.0 units)
6. United States (92.0 units)
7. Germany (77.0 units)
8. France (4.0 units)

Source: IndexBox Market Intelligence Platform