Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Angola - 2022

Contents:

  1. Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Angola (CIF) - 2022
  2. Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Angola

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

The average import price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $2,664 per unit in 2022, with a decrease of -83.5% against the previous year. Overall, the import price recorded a pronounced curtailment. The growth pace was the most rapid in 2019 when the average import price increased by 1,400%. The import price peaked at $29,596 per unit in 2020; however, from 2021 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 India ($12,855 per unit), while the price for Belgium ($7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+44.7%), 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 Angola

In 2022, imports of furnaces and ovens; industrial or laboratory induction or dielectrics into Angola shrank notably to 23 units, with a decrease of -76.8% compared with 2021. Overall, imports saw a precipitous slump. The smallest decline of -9.2% was in 2021. Over the period under review, imports of attained the maximum at 134 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics reduced markedly to $144K in 2022. In general, imports faced a dramatic curtailment. The smallest decline of -12.5% was in 2020. Over the period under review, imports of reached the peak figure at $1.8M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,68039.31,185129-57.5%
China3.138.86.29.344.2%
Portugal54.869586.82.7-63.3%
Italy50.537228.41.7-67.7%
Germany8.782.48.00.8-54.9%
SerbiaN/AN/AN/A0.20%
United Arab Emirates11.81017.60.2-74.3%
United States10.29.30.80.1-78.6%
NamibiaN/A0.50.20.1-55.3%
South Africa5.023612.50.1-72.9%
United Kingdom2.216.11.20.1-64.3%
Belgium0.11.00.1N/A0.0%
Brazil0.86.10.5N/A-20.9%
OthersN/AN/A31.4N/A0%
Total1,8271,5981,369144-57.1%

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

  1. India (10.0 units)
  2. China (2.0 units)
  3. Brazil (1.0 units)
  4. United States (1.0 units)
  5. Namibia (1.0 units)
  6. Italy (1.0 units)
  7. Portugal (1.0 units)
  8. South Africa (1.0 units)
  9. Serbia (1.0 units)
  10. United Kingdom (1.0 units)
  11. United Arab Emirates (1.0 units)
  12. Belgium (1.0 units)
  13. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform

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