Canada - Non-Electric Industrial Or Laboratory Furnaces And Ovens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Electric Industrial Furnace Price in Canada - 2023
Contents:
- Non-Electric Industrial Furnace Price in Canada (CIF) - 2022
- Non-Electric Industrial Furnace Price in Canada (FOB) - 2023
- Non-Electric Industrial Furnace Imports in Canada
- Non-Electric Industrial Furnace Exports in Canada
Non-Electric Industrial Furnace Price in Canada (CIF) - 2022
In 2022, the average non-electric industrial furnace import price amounted to $760 per unit, increasing by 9.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2020 an increase of 13%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($760 per unit) and Germany ($760 per unit), while the price for China ($760 per unit) and France ($760 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Electric Industrial Furnace Price in Canada (FOB) - 2023
The average non-electric industrial furnace export price stood at $17,334 per unit in September 2023, picking up by 192% against the previous month. Overall, the export price showed a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From September 2022 to September 2023, the rate of growth in terms of prices for Vietnam amounted to 0.0% per month.
Non-Electric Industrial Furnace Imports in Canada
Non-electric industrial furnace imports into Canada soared to 59K units in 2022, with an increase of 27% on the previous year's figure. Overall, imports, however, faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 37%. Over the period under review, imports attained the maximum at 147K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, non-electric industrial furnace imports soared to $44M in 2022. Over the period under review, imports, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 53%. Over the period under review, imports attained the maximum at $81M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Non-Electric Industrial Furnace in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 63.4 | 11.5 | 15.8 | 24.8 | -26.9% |
| Germany | 9.0 | 6.6 | 11.2 | 17.1 | 23.9% |
| France | N/A | 0.1 | 0.5 | 0.9 | 200.0% |
| China | 3.6 | 1.3 | 0.8 | 0.9 | -37.0% |
| Taiwan (Chinese) | 2.7 | N/A | N/A | N/A | 0% |
| Others | 1.8 | 1.1 | 3.6 | 0.7 | -27.0% |
| Total | 80.5 | 20.7 | 31.8 | 44.5 | -17.9% |
Top Suppliers of Non-Electric Industrial Furnace to Canada in 2022:
- United States (32.6K units)
- Germany (22.5K units)
- France (1.2K units)
- China (1.2K units)
Non-Electric Industrial Furnace Exports in Canada
In 2022, shipments abroad of non-electric industrial or laboratory furnaces and ovens was finally on the rise to reach 22K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt slump. Over the period under review, the exports reached the maximum at 34K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, non-electric industrial furnace exports skyrocketed to $13M in 2022. Overall, exports, however, saw a deep reduction. Over the period under review, the exports attained the peak figure at $17M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Non-Electric Industrial Furnace in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.0 | 9.6 | 6.9 | 12.2 | -8.6% |
| Others | 0.9 | 1.1 | 1.0 | 0.5 | -17.8% |
| Total | 16.9 | 10.7 | 8.0 | 12.7 | -9.1% |
Top Export Markets for Non-Electric Industrial Furnace from Canada in 2022:
- United States (20.9K units)
This report provides an in-depth analysis of the non-electric industrial furnace market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28211270 - Industrial or laboratory furnaces and ovens, non-electric, i ncluding incinerators (excluding those for the roasting, m elting or other heat treatment of ores, pyrites or metals, b akery ovens, drying ovens and ovens for cracking operations)
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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