Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Portugal - 2023
Contents:
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Portugal (CIF) - 2022
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Portugal (FOB) - 2022
- Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Portugal
- Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Portugal
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Portugal (CIF) - 2022
The average import price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $4,595 per unit in 2022, dropping by -37% against the previous year. Overall, the import price showed a abrupt descent. The most prominent rate of growth was recorded in 2021 an increase of 418% against the previous year. Over the period under review, average import prices reached the maximum at $17,477 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($7,450 per unit), while the price for Canada ($14 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.6%), 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 Portugal (FOB) - 2022
In 2022, the average export price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $332 per unit, shrinking by -91.3% against the previous year. In general, the export price continues to indicate a significant contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 860%. Over the period under review, the average export prices hit record highs at $5,589 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($1,393 per unit), while the average price for exports to Guinea-Bissau ($9 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 Colombia (+90.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Portugal
Imports of furnaces and ovens; industrial or laboratory induction or dielectrics into Portugal fell significantly to 164 units in 2022, reducing by -29.6% on the previous year. Over the period under review, imports showed a sharp decline. The most prominent rate of growth was recorded in 2021 when imports increased by 207%. Over the period under review, imports of hit record highs at 588 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 dramatically to $570K in 2022. In general, imports, however, posted a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 56% against the previous year. As a result, imports attained the peak of $831K, and then contracted markedly in the following year.
| Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 61.2 | 66.4 | 22.1 | 252 | 60.3% |
| Italy | 15.2 | N/A | N/A | 141 | 110.1% |
| Germany | 13.2 | 434 | 24.1 | 67.1 | 71.9% |
| United Kingdom | N/A | N/A | 736 | 0.8 | -99.9% |
| Netherlands | 3.9 | 9.7 | 25.8 | 0.7 | -43.6% |
| Canada | 262 | N/A | N/A | N/A | 0% |
| Others | 12.2 | 21.8 | 23.3 | 109 | 107.5% |
| Total | 368 | 532 | 831 | 570 | 15.7% |
Top Suppliers of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric to Portugal in 2022:
- Spain (101.0 units)
- Italy (41.0 units)
- Germany (9.0 units)
- Canada (1.0 units)
- Netherlands (1.0 units)
- United Kingdom (1.0 units)
Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Portugal
In 2022, exports of furnaces and ovens; industrial or laboratory induction or dielectrics from Portugal skyrocketed to 56 units, rising by 70% against the year before. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 200% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of furnaces and ovens; industrial or laboratory induction or dielectrics fell notably to $35K in 2022. Over the period under review, exports saw a mild increase. The pace of growth was the most pronounced in 2021 with an increase of 816% against the previous year. As a result, the exports reached the peak of $99K, and then contracted dramatically in the following year.
| Export of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | N/A | N/A | 16.7 | 0% |
| Angola | 3.0 | N/A | 25.5 | 6.0 | 26.0% |
| Cabo Verde | N/A | N/A | N/A | 5.9 | 0% |
| France | N/A | 0.4 | 1.7 | 2.4 | 144.9% |
| Croatia | N/A | N/A | N/A | 1.6 | 0% |
| Tunisia | N/A | N/A | N/A | 1.4 | 0% |
| South Korea | N/A | N/A | N/A | 1.0 | 0% |
| Guinea-Bissau | N/A | N/A | N/A | N/A | 0% |
| Mozambique | 1.1 | 0.6 | N/A | N/A | -45.5% |
| Mexico | N/A | 9.8 | N/A | N/A | 0% |
| Others | 30.3 | N/A | 71.4 | 0.4 | -76.4% |
| Total | 34.4 | 10.8 | 98.6 | 35.5 | 1.1% |
Top Export Markets for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric from Portugal in 2022:
- Cabo Verde (23.0 units)
- Qatar (12.0 units)
- Angola (7.0 units)
- France (4.0 units)
- Croatia (3.0 units)
- Guinea-Bissau (3.0 units)
- Tunisia (2.0 units)
- South Korea (1.0 units)
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