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

Contents:

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

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

In 2022, the average import price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $262 per unit, waning by -60% against the previous year. In general, the import price recorded a sharp curtailment. The most prominent rate of growth was recorded in 2019 an increase of 34% against the previous year. Over the period under review, average import prices hit record highs at $4,549 per unit in 2012; however, from 2013 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 the United States ($4,406 per unit), while the price for Israel ($8.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+80.1%), 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 Ireland (FOB) - 2022

The average export price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $1,447 per unit in 2022, picking up by 68% against the previous year. In general, the export price, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 an increase of 296% against the previous year. Over the period under review, the average export prices hit record highs at $6,114 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($5,483 per unit), while the average price for exports to the United States ($1,024 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 France (+345.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 6.1K units of furnaces and ovens; industrial or laboratory induction or dielectrics were imported into Ireland; rising by 975% on the previous year. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics skyrocketed to $1.6M in 2022. Overall, imports, however, saw a pronounced descent. Over the period under review, imports of hit record highs at $1.8M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States73244.1131573-7.8%
United Kingdom79744954.6200-36.9%
MalaysiaN/AN/A57.8190228.7%
Belgium17638.421.91790.6%
JapanN/AN/A32.390.9181.4%
South KoreaN/AN/A60.752.7-13.2%
IsraelN/AN/AN/A41.20%
Others10853.310529139.2%
Total1,8135844641,617-3.7%

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

  1. Israel (4901.0 units)
  2. Malaysia (367.0 units)
  3. South Korea (201.0 units)
  4. United States (130.0 units)
  5. United Kingdom (119.0 units)
  6. Japan (117.0 units)
  7. Belgium (79.0 units)

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

For the fourth year in a row, Ireland recorded growth in overseas shipments of furnaces and ovens; industrial or laboratory induction or dielectrics, which increased by 34% to 82 units in 2022. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 154%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of furnaces and ovens; industrial or laboratory induction or dielectrics surged to $119K in 2022. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 434% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Export of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom19.212.63.769.353.4%
FranceN/AN/A4.522.9408.9%
United Arab EmiratesN/AN/AN/A11.00%
MalaysiaN/AN/A13.71.5-89.1%
United States1.7N/A58.41.0-16.2%
IndonesiaN/A3.8N/AN/A0%
SingaporeN/AN/A2.5N/A0%
OthersN/AN/A5.212.9148.1%
Total20.916.588.111978.6%

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

  1. United Kingdom (67.0 units)
  2. France (8.0 units)
  3. United Arab Emirates (2.0 units)
  4. United States (1.0 units)
  5. Malaysia (1.0 units)

Source: IndexBox Market Intelligence Platform

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