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

Contents:

1. Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Qatar (CIF) - 2022
2. Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Qatar

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

The average import price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $1,910 per unit in 2022, surging by 76% against the previous year. Overall, the import price saw a remarkable increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 452% against the previous year. As a result, import price reached the peak level of $4,884 per unit. From 2016 to 2022, the average import prices failed to regain momentum.

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 ($4,007 per unit), while the price for Pakistan ($33 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+126.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

For the fourth consecutive year, Qatar recorded growth in supplies from abroad of furnaces and ovens; industrial or laboratory induction or dielectrics, which increased by 119% to 927 units in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 1,088% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics skyrocketed to $1.7M in 2022. Over the period under review, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 924%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

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

1. Pakistan (749.0 units)
2. Italy (88.0 units)
3. United States (7.0 units)

Source: IndexBox Market Intelligence Platform