Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Nepal - 2022
Contents:
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Nepal (CIF) - 2022
- Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Nepal
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Nepal (CIF) - 2022
The average import price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $1,073 per unit in 2022, declining by -1.6% against the previous year. Overall, the import price recorded a abrupt descent. The most prominent rate of growth was recorded in 2013 when the average import price increased by 60% against the previous year. As a result, import price attained the peak level of $5,075 per unit. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($2,377 per unit), while the price for South Korea ($898 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Nepal
In 2022, purchases abroad of furnaces and ovens; industrial or laboratory induction or dielectrics was finally on the rise to reach 4K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded significant growth. 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 $4.2M in 2022. In general, imports posted 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 Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 4.9 | 3.3 | 786 | 3,129 | 761.1% |
| India | 1,742 | 1,682 | 540 | 1,103 | -14.1% |
| China | 51.7 | 19.2 | 35.0 | 9.1 | -44.0% |
| Others | 7.2 | 3.6 | 25.1 | 4.6 | -13.9% |
| Total | 1,805 | 1,709 | 1,386 | 4,245 | 33.0% |
Top Suppliers of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric to Nepal in 2022:
- South Korea (3484.0 units)
- India (464.0 units)
- China (6.0 units)
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