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

Contents:

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

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

In 2022, the average export price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $240,836 per unit, with an increase of 24% against the previous year. Over the period under review, the export price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 an increase of 401% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($302,452 per unit), while the average price for exports to Bulgaria ($4 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 China (+182.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $6,498 per unit, dropping by -24.9% against the previous year. In general, the import price showed a noticeable decline. The pace of growth was the most pronounced in 2019 when the average import price increased by 224% against the previous year. Over the period under review, average import prices hit record highs at $41,123 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 Germany ($12,502 per unit), while the price for Poland ($828 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+84.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in shipments abroad of furnaces and ovens; industrial or laboratory induction or dielectrics, when their volume decreased by -28.6% to 15 units. Over the period under review, exports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by 80%. The exports peaked at 21 units in 2021, and then dropped significantly in the following year.

In value terms, exports of furnaces and ovens; industrial or laboratory induction or dielectrics dropped remarkably to $2.9M in 2022. Overall, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 137%. The exports peaked at $3.7M in 2021, and then declined notably in the following year.

Export of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary7071,7971,4201,81536.9%
Germany3.1531374898561.7%
Turkey32094.6454168-19.3%
SloveniaN/AN/A4269.3-97.8%
BulgariaN/AN/A0.1N/A0%
SlovakiaN/AN/A0.1N/A0%
BelgiumN/A5383.6N/A-99.3%
MoldovaN/A0.619.5N/A3150.0%
Others384398987N/A60.3%
Total1,4153,3593,6852,89026.9%

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

  1. Hungary (6.0 units)
  2. Germany (5.0 units)
  3. Turkey (1.0 units)
  4. Slovenia (1.0 units)
  5. Slovakia (1.0 units)
  6. Bulgaria (1.0 units)

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

In 2022, after two years of decline, there was significant growth in supplies from abroad of furnaces and ovens; industrial or laboratory induction or dielectrics, when their volume increased by 25% to 384 units. In general, imports, however, recorded a abrupt downturn. Imports peaked at 462 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics dropped rapidly to $1.9M in 2022. Over the period under review, imports, however, continue to indicate a sharp descent. The pace of growth appeared the most rapid in 2020 when imports increased by 5%. As a result, imports reached the peak of $4.4M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,4662,5531,949350-38.0%
Sweden7.4N/AN/A309246.9%
Italy1,13225.912.0282-37.1%
Netherlands13.030.8262139120.3%
China1136.09.61335.6%
Hungary0.50.60.463.2401.9%
JapanN/AN/AN/A52.90%
Belgium89.321.924.716.6-42.9%
France9.01,61429.91.1-50.4%
Czech Republic1,16723.2N/AN/A-98.0%
Others19312575654441.3%
Total4,1894,4003,0441,891-23.3%

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

  1. Sweden (134.0 units)
  2. Italy (42.0 units)
  3. Japan (35.0 units)
  4. Netherlands (33.0 units)
  5. Hungary (33.0 units)
  6. Germany (28.0 units)
  7. China (23.0 units)
  8. Belgium (13.0 units)
  9. France (1.0 units)

Source: IndexBox Market Intelligence Platform

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