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

Contents:

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

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

The average import price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $4,861 per unit in 2022, waning by -42.2% against the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2016 when the average import price increased by 136% against the previous year. Over the period under review, average import prices attained the peak figure at $19,015 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 China ($37,401 per unit), while the price for India ($1,869 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+86.2%), 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 Iran (FOB) - 2022

The average export price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $39,980 per unit in 2022, rising by 103% against the previous year. Overall, the export price enjoyed significant growth. The growth pace was the most rapid in 2021 an increase of 722%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Armenia ($4,705 per unit), while the average price for exports to Iraq ($1,122 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 71 units of furnaces and ovens; industrial or laboratory induction or dielectrics were imported into Iran; which is down by -96.5% compared with 2021 figures. Overall, imports recorded a dramatic contraction. The pace of growth was the most pronounced in 2021 when imports increased by 10% against the previous year. Imports peaked at 2.1K 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 declined markedly to $1.2M in 2022. In general, imports faced a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 9.9%. Over the period under review, imports of hit record highs at $26M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic1.01.12.30.8-7.2%
Turkey0.90.612.00.2-39.4%
Germany0.10.10.10.10.0%
BulgariaN/AN/A2.3N/A0%
Spain7.80.5N/AN/A-93.6%
Belgium0.20.20.2N/A0.0%
India4.11.30.6N/A-61.7%
United Arab Emirates4.59.92.5N/A-25.5%
ItalyN/AN/A0.1N/A0%
IraqN/A3.3N/AN/A0%
Others7.52.51.4N/A-56.8%
Total26.219.521.41.2-64.2%

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

  1. Czech Republic (33.0 units)
  2. Turkey (14.0 units)
  3. Italy (7.0 units)
  4. India (5.0 units)
  5. Germany (4.0 units)
  6. Belgium (2.0 units)
  7. United Arab Emirates (1.0 units)

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

In 2022, exports of furnaces and ovens; industrial or laboratory induction or dielectrics from Iran soared to 28 units, picking up by 460% against the year before. Overall, exports continue to indicate a prominent expansion. As a result, the exports reached 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 skyrocketed to $120K in 2022. Over the period under review, exports enjoyed perceptible growth. The most prominent rate of growth was recorded in 2021 when exports increased by 721%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

Export of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Armenia17.21.213.898.879.1%
Azerbaijan25.80.25.315.9-14.9%
Turkey31.60.80.43.0-54.4%
Iraq2.90.10.22.2-8.8%
Malaysia0.7N/AN/AN/A0%
Uzbekistan29.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1072.419.71203.9%

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

  1. Armenia (21.0 units)
  2. Azerbaijan (4.0 units)
  3. Iraq (2.0 units)
  4. Turkey (1.0 units)

Source: IndexBox Market Intelligence Platform

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