Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Estonia - 2023

Contents:

  1. Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Estonia (CIF) - 2022
  2. Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Estonia (FOB) - 2022
  3. Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Estonia
  4. Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Estonia

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

The average import price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $28,637 per unit in 2022, jumping by 906% against the previous year. In general, the import price, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 1,405%. The import price peaked at $33,331 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Italy ($35,960 per unit), while the price for Lithuania ($838 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+479.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $184,481 per unit in 2022, picking up by 3,083% against the previous year. In general, the export price continues to indicate significant growth. As a result, the export price attained 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 Norway.

From 2012 to 2022, the rate of growth in terms of prices for Finland amounted to +13.9% per year.

Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Estonia

In 2022, approx. 225 units of furnaces and ovens; industrial or laboratory induction or dielectrics were imported into Estonia; increasing by 1,945% on the previous year. In general, imports posted a significant expansion. Imports peaked at 265 units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics soared to $1.3M in 2022. Over the period under review, imports enjoyed a significant expansion. 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 Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy8.84.32.7575302.8%
China0.30.60.6294893.3%
UkraineN/AN/AN/A1440%
Germany60.773.713.753.5-4.1%
Belgium16.21.83.32.1-49.4%
LithuaniaN/A6.0N/A0.8-63.5%
Others20.51.67.7190110.1%
Total10688.128.01,260128.2%

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

  1. China (189.0 units)
  2. Italy (16.0 units)
  3. Ukraine (5.0 units)
  4. Germany (5.0 units)
  5. Lithuania (1.0 units)
  6. Belgium (1.0 units)

Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Estonia

For the fourth consecutive year, Estonia recorded growth in overseas shipments of furnaces and ovens; industrial or laboratory induction or dielectrics, which increased by 1,229% to 279 units in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of furnaces and ovens; industrial or laboratory induction or dielectrics soared to $553K in 2022. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway1.85.1N/A522561.9%
Finland27.928.839.5N/A19.0%
Others0.4N/A1.031.7329.5%
Total30.133.940.6553163.9%

Top Export Markets for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric from Estonia in 2022:

  1. Norway (277.0 units)

Source: IndexBox Market Intelligence Platform

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