Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Oman - 2022

Contents:

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

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

The average import price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $7,687 per unit in 2022, picking up by 33% against the previous year. In general, the import price posted buoyant growth. The most prominent rate of growth was recorded in 2016 an increase of 177%. As a result, import price reached the peak level of $7,997 per unit. From 2017 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 Italy ($17,334 per unit), while the price for Saudi Arabia ($11 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+19.6%), 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 Oman (FOB) - 2022

The average export price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $466 per unit in 2022, declining by -44% against the previous year. Overall, the export price, however, posted a significant increase. The pace of growth appeared the most rapid in 2013 an increase of 2,801%. The export price peaked at $3,440 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($615 per unit), while the average price for exports to the United Arab Emirates stood at $171 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+67.2%).

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

In 2022, overseas purchases of furnaces and ovens; industrial or laboratory induction or dielectrics decreased by -14.3% to 66 units for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +12.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.4% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 30% against the previous year. Imports peaked at 77 units in 2021, and then contracted in the following year.

In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics surged to $407K in 2022. Over the period under review, imports, however, showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 85%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden11813130834543.0%
China1.674.41.425.6152.0%
Italy0.127.71.417.3457.2%
United Arab Emirates3.02.44.66.126.7%
IndiaN/A0.91.63.494.4%
Czech Republic1.41.53.13.231.7%
Germany1.60.31.91.95.9%
South Korea0.30.41.00.944.2%
Qatar0.30.225.20.30.0%
Netherlands1.00.81.40.1-53.6%
France0.30.20.20.1-30.7%
Saudi ArabiaN/AN/AN/AN/A0%
CanadaN/AN/A0.1N/A0%
Others3.12.23.63.87.0%
Total13124235340745.9%

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

  1. Sweden (47.0 units)
  2. China (5.0 units)
  3. Canada (1.0 units)
  4. Qatar (1.0 units)
  5. Netherlands (1.0 units)
  6. Italy (1.0 units)
  7. Czech Republic (1.0 units)
  8. United Arab Emirates (1.0 units)
  9. India (1.0 units)
  10. Saudi Arabia (1.0 units)
  11. France (1.0 units)
  12. Germany (1.0 units)
  13. South Korea (1.0 units)

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

Exports of furnaces and ovens; industrial or laboratory induction or dielectrics from Oman surged to 162 units in 2022, growing by 523% on the previous year. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 3,576% against the previous year. As a result, the exports reached the peak of 1.2K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of furnaces and ovens; industrial or laboratory induction or dielectrics surged to $98K in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,732%. As a result, the exports attained the peak of $515K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar1.91.016.397.7271.9%
Germany23.3N/AN/AN/A0%
TanzaniaN/A0.3N/AN/A0%
IranN/A500N/AN/A0%
Others2.814.12.00.5-43.7%
Total28.151518.398.351.8%

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

  1. Qatar (159.0 units)

Source: IndexBox Market Intelligence Platform

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