Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Turkey - 2024
Contents:
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Turkey (FOB) - 2022
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Turkey (CIF) - 2022
- Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Turkey
- Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Turkey
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Turkey (FOB) - 2022
The average export price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $23,034 per unit in 2022, rising by 25% against the previous year. Over the period under review, the export price posted a perceptible expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 170% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($26,324 per unit), while the average price for exports to Pakistan ($1,678 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 Bangladesh (+420.0%), 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 Turkey (CIF) - 2022
In 2022, the average import price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $2,029 per unit, reducing by -72.7% against the previous year. Over the period under review, the import price faced a drastic downturn. The pace of growth appeared the most rapid in 2021 when the average import price increased by 393% against the previous year. As a result, import price reached the peak level of $7,444 per unit, and then dropped dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($18,799 per unit), while the price for South Korea ($1,401 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.4%), 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 Turkey
In 2022, approx. 3.1K units of furnaces and ovens; industrial or laboratory induction or dielectrics were exported from Turkey; with an increase of 121% compared with the year before. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 280%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, exports of furnaces and ovens; industrial or laboratory induction or dielectrics stood at $20M in 2022. Overall, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 270%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Algeria | 3,061 | 33.1 | 3,065 | 2,821 | -2.7% |
| Pakistan | 0.3 | N/A | 354 | 2,548 | 1940.3% |
| Russia | 1,951 | 967 | 3,141 | 2,316 | 5.9% |
| Kazakhstan | 2,336 | 190 | 21.0 | 2,270 | -1.0% |
| Azerbaijan | 125 | 147 | 1,876 | 1,223 | 113.9% |
| Uzbekistan | 43.0 | 0.6 | 103 | 1,072 | 192.1% |
| Qatar | N/A | 21.7 | 41.4 | 970 | 568.6% |
| Bangladesh | 0.1 | N/A | 0.2 | 921 | 1996.1% |
| France | 37.4 | 239 | 184 | 361 | 112.9% |
| Kenya | N/A | N/A | 3.8 | 227 | 5873.7% |
| Egypt | 1,518 | 342 | 643 | 198 | -49.3% |
| India | 225 | 101 | 476 | 139 | -14.8% |
| Iraq | 479 | 15.0 | 5,687 | 76.8 | -45.7% |
| Others | 4,866 | 2,838 | 2,534 | 4,897 | 0.2% |
| Total | 14,641 | 4,894 | 18,131 | 20,040 | 11.0% |
Top Export Markets for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric from Turkey in 2022:
- Pakistan (1518.0 units)
- Kazakhstan (608.0 units)
- Algeria (187.0 units)
- Kenya (93.0 units)
- Qatar (64.0 units)
- Bangladesh (56.0 units)
- France (56.0 units)
- Azerbaijan (55.0 units)
- Uzbekistan (52.0 units)
- Russia (28.0 units)
- India (26.0 units)
- Egypt (21.0 units)
- Iraq (5.0 units)
Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Turkey
In 2022, the amount of furnaces and ovens; industrial or laboratory induction or dielectrics imported into Turkey surged to 4.5K units, rising by 154% on the previous year. Over the period under review, imports recorded significant growth. 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 surged to $18M in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,130 | 1,568 | 647 | 5,048 | 33.3% |
| China | 701 | 4,222 | 906 | 4,295 | 83.0% |
| Finland | N/A | 3.2 | N/A | 2,912 | 2916.6% |
| United States | 198 | 518 | 440 | 1,711 | 105.2% |
| Italy | 738 | 581 | 577 | 1,504 | 26.8% |
| United Kingdom | 567 | 87.7 | 792 | 284 | -20.6% |
| Switzerland | 613 | 22.5 | 64.2 | 111 | -43.4% |
| South Korea | 32.8 | 32.3 | 557 | 33.6 | 0.8% |
| Sweden | N/A | 464 | 299 | N/A | -35.6% |
| Poland | N/A | 711 | N/A | N/A | 0% |
| Czech Republic | 18.8 | 264 | 691 | N/A | 506.3% |
| Iran | 296 | N/A | 1.5 | N/A | -92.9% |
| Others | 678 | 1,011 | 5,529 | 1,865 | 40.1% |
| Total | 5,972 | 9,484 | 10,504 | 17,764 | 43.8% |
Top Suppliers of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric to Turkey in 2022:
- China (2641.0 units)
- United States (655.0 units)
- Finland (569.0 units)
- Germany (280.0 units)
- United Kingdom (82.0 units)
- Italy (80.0 units)
- Switzerland (47.0 units)
- South Korea (24.0 units)
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