Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in the Czech Republic - 2023

Contents:

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

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

In 2022, the average import price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $4,163 per unit, reducing by -58.6% against the previous year. In general, the import price, however, continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 1,679% against the previous year. As a result, import price attained the peak level of $30,247 per unit. From 2016 to 2022, the average import prices remained at a 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 ($12,421 per unit), while the price for South Korea ($456 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 (+25.3%), 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 the Czech Republic (FOB) - 2022

The average export price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $7,871 per unit in 2022, reducing by -81.4% against the previous year. In general, the export price saw a sharp curtailment. The growth pace was the most rapid in 2020 when the average export price increased by 669% against the previous year. The export price peaked at $165,941 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Russia ($31,936 per unit), while the average price for exports to Norway ($4,757 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 Turkey (+33.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in the Czech Republic

In 2022, imports of furnaces and ovens; industrial or laboratory induction or dielectrics into the Czech Republic was estimated at 823 units, growing by 3.7% compared with the previous year's figure. In general, imports showed buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 235%. As a result, imports attained the peak of 2.3K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics dropped to $4.2M in 2022. Overall, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 141% against the previous year. As a result, imports attained the peak of $7.3M. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. Germany (254.0 units)
2. Italy (149.0 units)
3. China (136.0 units)
4. Slovakia (109.0 units)
5. United Kingdom (44.0 units)
6. South Korea (44.0 units)
7. France (19.0 units)

Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in the Czech Republic

In 2022, shipments abroad of furnaces and ovens; industrial or laboratory induction or dielectrics decreased by -77.1% to 87 units, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 132% against the previous year. As a result, the exports reached the peak of 517 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of furnaces and ovens; industrial or laboratory induction or dielectrics fell significantly to $1.3M in 2022. In general, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 156% against the previous year. Over the period under review, the exports of reached the maximum at $9.1M in 2021, and then contracted notably in the following year.

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

1. Russia (29.0 units)
2. Slovakia (20.0 units)
3. United Kingdom (16.0 units)
4. Germany (4.0 units)
5. Finland (3.0 units)
6. France (3.0 units)
7. Switzerland (2.0 units)
8. Sweden (1.0 units)
9. Norway (1.0 units)

Source: IndexBox Market Intelligence Platform