Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Tanzania - 2023
Contents:
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Tanzania (CIF) - 2022
- Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Tanzania
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Tanzania (CIF) - 2022
The average import price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $153 per unit in 2022, waning by -42% against the previous year. Over the period under review, the import price recorded a precipitous curtailment. The growth pace was the most rapid in 2016 when the average import price increased by 7.6%. The import price peaked at $2,513 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Italy ($2,808 per unit), while the price for Australia ($45 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Tanzania
In 2022, the amount of furnaces and ovens; industrial or laboratory induction or dielectrics imported into Tanzania soared to 1.4K units, growing by 2,303% on 2021. Overall, imports continue to indicate a significant expansion. As a result, imports attained 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 soared to $1.4M in 2022. Over the period under review, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 23.6 | 6.0 | 1.0 | 943 | 241.9% |
| Italy | 1.8 | 41.6 | 31.2 | 197 | 378.3% |
| China | 0.7 | 26.1 | 9.3 | 87.7 | 400.4% |
| Turkey | 1.9 | 5.5 | 4.1 | 69.7 | 232.3% |
| Australia | N/A | N/A | N/A | 30.8 | 0% |
| Oman | N/A | 0.2 | N/A | N/A | 0% |
| Others | 21.6 | 191 | 7.9 | 31.6 | 13.5% |
| Total | 49.6 | 270 | 53.6 | 1,359 | 201.5% |
Top Suppliers of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric to Tanzania in 2022:
- Australia (689.0 units)
- India (337.0 units)
- China (176.0 units)
- Turkey (73.0 units)
- Italy (70.0 units)
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