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

Contents:

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

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

The average import price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $1,569 per unit in 2022, with an increase of 1,253% against the previous year. Over the period under review, the import price, however, showed a abrupt curtailment. The import price peaked at $3,561 per unit in 2013; however, from 2014 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 the UK ($6,478 per unit), while the price for Malaysia ($120 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+13.6%), 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 Spain (FOB) - 2022

The average export price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $382 per unit in 2022, dropping by -32.7% against the previous year. Over the period under review, the export price continues to indicate a precipitous slump. The growth pace was the most rapid in 2019 when the average export price increased by 263%. As a result, the export price reached the peak level of $4,836 per unit. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,961 per unit), while the average price for exports to Italy ($225 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 the UK (+21.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of furnaces and ovens; industrial or laboratory induction or dielectrics imported into Spain soared to 6.8K units, picking up by 34% compared with the year before. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.6% 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 +50.9% against 2020 indices. As a result, imports reached 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 surged to $7.1M in 2022. In general, imports showed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Malaysia (2082.0 units)
2. Germany (1901.0 units)
3. Belgium (853.0 units)
4. China (642.0 units)
5. Italy (561.0 units)
6. Switzerland (317.0 units)
7. United Kingdom (270.0 units)

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

Exports of furnaces and ovens; industrial or laboratory induction or dielectrics from Spain skyrocketed to 9.2K units in 2022, picking up by 36% compared with the year before. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 168%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, exports of furnaces and ovens; industrial or laboratory induction or dielectrics soared to $5.3M in 2022. In general, exports, however, saw a dramatic downturn. The exports peaked at $16M in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

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

1. Italy (2460.0 units)
2. Germany (1862.0 units)
3. Austria (892.0 units)
4. France (492.0 units)
5. Cyprus (360.0 units)
6. United States (358.0 units)
7. Australia (308.0 units)
8. Greece (306.0 units)
9. Mexico (256.0 units)
10. United Kingdom (208.0 units)
11. Turkey (195.0 units)
12. Denmark (179.0 units)
13. Portugal (171.0 units)

Source: IndexBox Market Intelligence Platform