Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Italy - 2023
Contents:
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Italy (FOB) - 2022
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Italy (CIF) - 2022
- Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Italy
- Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Italy
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Italy (FOB) - 2022
In 2022, the average export price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $4,264 per unit, with an increase of 2.2% against the previous year. Over the period under review, the export price, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2016 an increase of 144%. The export price peaked at $23,445 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
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 Germany ($29,905 per unit), while the average price for exports to the Philippines ($352 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 Germany (+1.7%), while the prices for the other major destinations experienced a decline.
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Italy (CIF) - 2022
In 2022, the average import price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $1,649 per unit, surging by 13% against the previous year. Over the period under review, the import price, however, saw a mild curtailment. The growth pace was the most rapid in 2018 when the average import price increased by 167%. Over the period under review, average import prices attained the maximum at $3,276 per unit in 2014; however, from 2015 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 Sweden ($5,047 per unit), while the price for Malaysia ($279 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+9.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Italy
In 2022, shipments abroad of furnaces and ovens; industrial or laboratory induction or dielectrics decreased by -21.8% to 6.5K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 87%. As a result, the exports reached the peak of 8.3K units, and then reduced notably in the following year.
In value terms, exports of furnaces and ovens; industrial or laboratory induction or dielectrics dropped to $40M in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 22%. As a result, the exports attained the peak of $44M, and then contracted in the following year.
| Export of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.4 | 6.3 | 5.3 | 9.7 | 90.6% |
| France | 10.5 | 2.7 | 0.8 | 5.3 | -20.4% |
| United States | 3.4 | 2.4 | 3.2 | 2.4 | -11.0% |
| Spain | 1.5 | 0.4 | 1.0 | 2.1 | 11.9% |
| Switzerland | 1.0 | 2.0 | 3.3 | 1.4 | 11.9% |
| Belgium | 0.5 | N/A | 0.1 | 1.2 | 33.9% |
| United Kingdom | 0.3 | 0.9 | 0.3 | 0.9 | 44.2% |
| Austria | 0.9 | 2.2 | 0.1 | 0.9 | 0.0% |
| Saudi Arabia | N/A | 0.1 | 0.7 | 0.6 | 144.9% |
| Romania | 0.1 | 1.4 | 3.1 | 0.5 | 71.0% |
| Singapore | 0.1 | 0.1 | 0.3 | 0.4 | 58.7% |
| El Salvador | N/A | N/A | N/A | 0.4 | 0% |
| Philippines | 0.1 | N/A | 0.2 | 0.1 | 0.0% |
| Others | 19.9 | 17.3 | 25.6 | 14.1 | -10.8% |
| Total | 39.8 | 36.0 | 43.9 | 40.0 | 0.2% |
Top Export Markets for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric from Italy in 2022:
- France (878.0 units)
- Singapore (861.0 units)
- Romania (401.0 units)
- Spain (366.0 units)
- Germany (325.0 units)
- United Kingdom (301.0 units)
- Austria (299.0 units)
- United States (225.0 units)
- Philippines (193.0 units)
- Switzerland (179.0 units)
- El Salvador (155.0 units)
- Saudi Arabia (147.0 units)
- Belgium (114.0 units)
Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Italy
Imports of furnaces and ovens; industrial or laboratory induction or dielectrics into Italy surged to 15K units in 2022, growing by 109% against the previous year's figure. Over the period under review, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 117% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics soared to $26M in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.2 | 1.8 | 4.1 | 15.1 | 53.2% |
| China | 0.3 | 0.2 | 0.4 | 3.7 | 131.0% |
| Malaysia | 0.3 | 0.3 | 0.6 | 1.1 | 54.2% |
| Sweden | 0.4 | N/A | 2.7 | 1.1 | 40.1% |
| United States | 2.1 | 1.3 | 1.2 | 1.0 | -21.9% |
| Spain | 0.4 | 0.2 | 0.8 | 0.5 | 7.7% |
| Belgium | 0.2 | 0.1 | 0.2 | 0.4 | 26.0% |
| France | 0.1 | N/A | 0.1 | 0.3 | 44.2% |
| Others | 1.4 | 2.7 | 1.0 | 2.5 | 21.3% |
| Total | 9.3 | 6.8 | 11.3 | 25.5 | 40.0% |
Top Suppliers of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric to Italy in 2022:
- China (5.7K units)
- Malaysia (3.9K units)
- Germany (3.5K units)
- Spain (0.7K units)
- France (0.4K units)
- United States (0.2K units)
- Sweden (0.2K units)
- Belgium (0.2K units)
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