Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Venezuela - 2022
Contents:
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Venezuela (CIF) - 2022
- Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Venezuela
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Venezuela (CIF) - 2022
In 2022, the average import price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $8,738 per unit, jumping by 100% against the previous year. Overall, the import price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 an increase of 119%. Over the period under review, average import prices hit record highs at $9,888 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($19,796 per unit), while the price for Spain ($786 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+32.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Venezuela
Imports of furnaces and ovens; industrial or laboratory induction or dielectrics into Venezuela surged to 20 units in 2022, growing by 122% on the previous year. In general, imports continue to indicate a significant increase. 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 $122K in 2022. Overall, imports continue to indicate 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 Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.2 | 7.7 | 0.3 | 39.6 | 76.5% |
| Brazil | 19.8 | 14.8 | 7.9 | 26.6 | 10.3% |
| Italy | 10.7 | 9.5 | 6.0 | 23.7 | 30.4% |
| United States | 1.7 | 2.3 | 2.1 | 18.6 | 122.0% |
| Panama | 5.2 | 4.6 | 3.0 | 12.0 | 32.1% |
| Germany | 0.7 | 0.4 | 0.1 | 1.0 | 12.6% |
| Spain | 0.2 | 0.2 | 0.2 | 0.8 | 58.7% |
| Others | N/A | N/A | 2.2 | N/A | 0% |
| Total | 45.5 | 39.5 | 21.8 | 122 | 38.9% |
Top Suppliers of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric to Venezuela in 2022:
- Italy (5.0 units)
- United States (5.0 units)
- Brazil (3.0 units)
- Panama (3.0 units)
- China (2.0 units)
- Germany (1.0 units)
- Spain (1.0 units)
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