Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Ecuador - 2022
Contents:
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Ecuador (CIF) - 2022
- Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Ecuador
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Ecuador (CIF) - 2022
The average import price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $1,161 per unit in 2022, rising by 22% against the previous year. Over the period under review, the import price, however, showed a mild contraction. Over the period under review, average import prices reached the peak figure at $1,412 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($11,266 per unit), while the price for the Netherlands ($407 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+38.7%), 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 Ecuador
In 2022, the amount of furnaces and ovens; industrial or laboratory induction or dielectrics imported into Ecuador dropped rapidly to 40 units, shrinking by -66.4% on the previous year's figure. In general, imports faced a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 467%. As a result, imports attained the peak of 119 units, and then shrank dramatically in the following year.
In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics skyrocketed to $173K in 2022. Overall, imports recorded a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 145%. Over the period under review, imports of reached the peak figure at $370K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 28.9 | 7.4 | 38.2 | 39.6 | 11.1% |
| Brazil | 2.7 | 1.8 | 5.9 | 20.7 | 97.2% |
| Belgium | 15.8 | 5.9 | 11.5 | 13.6 | -4.9% |
| Canada | 12.8 | 4.9 | 9.7 | 11.3 | -4.1% |
| Italy | 16.8 | 5.8 | 10.4 | 11.2 | -12.6% |
| Germany | 15.6 | 4.4 | 4.8 | 9.3 | -15.8% |
| Spain | 5.4 | 1.1 | 2.2 | 2.6 | -21.6% |
| South Korea | 2.1 | 0.7 | 1.9 | 2.0 | -1.6% |
| France | N/A | N/A | N/A | 1.2 | 0% |
| Turkey | 1.0 | 0.4 | 0.7 | 0.9 | -3.5% |
| South Africa | 1.2 | 0.4 | 0.6 | 0.6 | -20.6% |
| Hong Kong SAR | N/A | 0.5 | 0.3 | 0.5 | 0.0% |
| Netherlands | 3.2 | 0.8 | 0.9 | 0.4 | -50.0% |
| Others | 265 | 5.4 | 9.2 | 59.1 | -39.4% |
| Total | 370 | 39.3 | 96.3 | 173 | -22.4% |
Top Suppliers of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric to Ecuador in 2022:
- China (16.0 units)
- Brazil (8.0 units)
- Belgium (4.0 units)
- Canada (1.0 units)
- Netherlands (1.0 units)
- Italy (1.0 units)
- South Africa (1.0 units)
- Turkey (1.0 units)
- France (1.0 units)
- Germany (1.0 units)
- Hong Kong SAR (1.0 units)
- South Korea (1.0 units)
- Spain (1.0 units)
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