Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in the United Arab Emirates - 2022

Contents:

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

Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $2,317 per unit, surging by 16% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 147% against the previous year. As a result, import price attained the peak level of $2,318 per unit; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($7,859 per unit), while the price for the United States ($401 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+374.5%), 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 United Arab Emirates (FOB) - 2022

In 2022, the average export price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $23,570 per unit, with an increase of 30% against the previous year. In general, the export price recorded moderate growth. The most prominent rate of growth was recorded in 2018 an increase of 82%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.

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 Oman ($20,241 per unit), while the average price for exports to Mozambique ($2,475 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 Oman (+7.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in the United Arab Emirates

Imports of furnaces and ovens; industrial or laboratory induction or dielectrics into the United Arab Emirates skyrocketed to 6.2K units in 2022, rising by 67% on 2021. In general, imports posted a significant expansion. 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 soared to $15M in 2022. Over the period under review, imports enjoyed significant growth. 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 the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India6.15.44.19.817.1%
Germany0.50.31.32.058.7%
United States0.40.70.91.762.0%
Italy0.20.20.30.426.0%
China0.10.10.60.344.2%
Netherlands0.10.60.1N/A0.0%
Others0.3N/A0.20.410.1%
Total7.77.47.514.523.5%

Top Suppliers of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric to the United Arab Emirates in 2022:

  1. United States (4273.0 units)
  2. India (1242.0 units)
  3. Germany (376.0 units)
  4. Italy (135.0 units)
  5. China (70.0 units)
  6. Netherlands (1.0 units)

Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in the United Arab Emirates

In 2022, overseas shipments of furnaces and ovens; industrial or laboratory induction or dielectrics decreased by 0% to 189 units, falling for the second consecutive year after two years of growth. Overall, exports showed a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 104% against the previous year. As a result, the exports reached the peak of 727 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of furnaces and ovens; industrial or laboratory induction or dielectrics dropped rapidly to $613K in 2022. In general, exports continue to indicate a dramatic curtailment. The growth pace was the most rapid in 2020 with an increase of 136%. As a result, the exports reached the peak of $11M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ZambiaN/AN/AN/A0.50%
Oman0.1N/AN/A0.10.0%
MozambiqueN/AN/AN/AN/A0%
Iran4.811.03.3N/A-17.1%
OthersN/A0.4N/AN/A0%
Total4.811.43.30.6-50.0%

Top Export Markets for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric from the United Arab Emirates in 2022:

  1. Zambia (162.0 units)
  2. Mozambique (13.0 units)
  3. Oman (3.0 units)

Source: IndexBox Market Intelligence Platform

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