Non-electric Industrial Furnace Market
Non-electric industrial furnace market: discover the most recent statistics powered by an Ai-driven market intelligence platform. Statistics provide trade, companies, imports, market prices, production, market size, consumption, and exports. There is a breakdown by region, including EU, Latin America, Africa, China, the Middle East, the U.S., Russia, and the U.K. Market dynamics and forecast to 2030 are also provided in the dashboards.
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Non-electric Industrial Furnace - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Russia |
| 2 | United States |
| 3 | China |
| 4 | Brazil |
| 5 | Japan |
In value terms, the largest non-electric industrial furnace markets worldwide were Russia, the United States and China, together accounting for 40% of the global market. These countries were followed by Brazil, Japan, France, India, Mexico, Democratic Republic of the Congo, Germany, the Czech Republic, the UK and Turkey, which together accounted for a further 19%.
The Czech Republic (+115.3% per year) recorded the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while non-electric industrial furnace market for the other global leaders experienced more modest paces of growth.
Non-Electric Industrial Furnace Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| Romania | 279 | 137 | 124 | -33.3% |
| Czech Republic | 606 | 385 | 252 | -35.5% |
| Hungary | 454 | 328 | 317 | -16.4% |
| India | 633 | 371 | 399 | -20.6% |
| Estonia | 754 | 652 | 564 | -13.6% |
| Japan | 2734 | 2318 | 1657 | -22.1% |
| Spain | 2594 | 1998 | 1882 | -14.8% |
| China | 3558 | 3692 | 2595 | -14.6% |
| Germany | 6178 | 6087 | 6749 | 4.5% |
| Italy | 12220 | 12600 | 13084 | 3.5% |
| Average | 3908 | 3609 | 2630 | -18.0% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Italy ($13,084 per unit), while Romania ($124 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced mixed trends in the export price figures.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| Indonesia | 12640 | 10192 | 10407 | -9.3% |
| United States | 8049 | 6358 | 6814 | -8.0% |
| Morocco | 3317 | 1365 | 2163 | -19.2% |
| United Arab Emirates | 848 | 701 | 553 | -19.2% |
| Kuwait | 1631 | 1051 | 471 | -46.3% |
| Malaysia | 1474 | 1926 | 414 | -47.0% |
| Democratic Republic of the Congo | 1137 | 874 | 362 | -43.6% |
| Serbia | 487 | 431 | 109 | -52.7% |
| United Kingdom | 18761 | 20974 | 96 | -92.9% |
| Ghana | 269 | 93 | 86 | -43.4% |
| Rwanda | 16 | 9.7 | 6.3 | -37.0% |
| Average | 7702 | 6342 | 4260 | -25.6% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Indonesia ($10,407 per unit), while Rwanda ($6.3 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced a decline in the import price figures.
Non-Electric Industrial Furnace - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| Indonesia | 0.08 | 0.2 | 0.1 | 15.6% |
| United States | 0.07 | 0.05 | 0.05 | -18.1% |
| Morocco | 0.008702909 | 0.005586521 | 0.02 | 39.7% |
| United Arab Emirates | 0.005268823 | 0.007659158 | 0.01 | 56.4% |
| Malaysia | 0.01 | 0.02 | 0.01 | -8.7% |
In value terms, Indonesia ($111M) constitutes the largest market for imported non-electric industrial or laboratory furnaces and ovens worldwide, comprising 7.8% of global imports. The second position in the ranking was occupied by the United States ($46M), with a 3.2% share of global imports. It was followed by Morocco, with a 1.2% share.
In Indonesia, non-electric industrial furnace imports expanded at an average annual rate of +15.6% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: the United States (-18.1% per year) and Morocco (+39.7% per year).
Non-Electric Industrial Furnace - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| China | 0.4 | 0.5 | 0.4 | -3.6% |
| Germany | 0.2 | 0.2 | 0.2 | -3.3% |
| Italy | 0.2 | 0.1 | 0.1 | -24.0% |
| Japan | 0.07 | 0.08 | 0.05 | -16.5% |
| Spain | 0.03 | 0.02 | 0.03 | -13.9% |
In value terms, China ($357M) remains the largest non-electric industrial furnace supplier worldwide, comprising 36% of global exports. The second position in the ranking was occupied by Germany ($161M), with a 16% share of global exports. It was followed by Italy, with a 10% share.
From 2018 to 2020, the average annual rate of growth in terms of value in China stood at -3.6%. In the other countries, the average annual rates were as follows: Germany (-3.3% per year) and Italy (-24.0% per year).
Non-Electric Industrial Furnace - Market Forecast
The non-electric industrial furnace market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -1.0% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.
Non-electric Industrial Furnace - Product Coverage
- HS 841780 - Furnaces and ovens; including incinerators, non-electric, for industrial or laboratory use, n.e.s. in heading no. 8417
This report provides an in-depth analysis of the global non-electric industrial furnace market.
This report provides an in-depth analysis of the non-electric industrial furnace market in Southern Asia.
This report provides an in-depth analysis of the non-electric industrial furnace market in Eastern Asia.
This report provides an in-depth analysis of the non-electric industrial furnace market in the Middle East.
This report provides an in-depth analysis of the non-electric industrial furnace market in South-Eastern Asia.
This report provides an in-depth analysis of the non-electric industrial furnace market in Africa.
This report provides an in-depth analysis of the non-electric industrial furnace market in Central Asia.
This report provides an in-depth analysis of the non-electric industrial furnace market in Latin America and the Caribbean.
This report provides an in-depth analysis of the non-electric industrial furnace market in Northern America.
This report provides an in-depth analysis of the non-electric industrial furnace market in Australia and Oceania.
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