Africa: Electrical Induction Industrial Oven Market 2020

Electrical Induction Industrial Oven Market Size in Africa

The revenue of the electrical induction industrial oven market in Africa amounted to $X in 2017, coming down by -X% against the previous year. The electrical induction industrial oven consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, with an increase of X% year-to-year. The level of electrical induction industrial oven consumption peaked of $X in 2016, and then declined slightly in the following year.

Electrical Induction Industrial Oven Production in Africa

The electrical induction industrial oven production amounted to X units in 2017, approximately equating the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed over the period under review. The pace of growth appeared the most rapid in 2016, when the output figure increased by X% against the previous year. The volume of electrical induction industrial oven production peaked in 2017, and is expected to retain its growth in the near future.

Electrical Induction Industrial Oven Exports in Africa

The exports amounted to X units in 2017, jumping by X% against the previous year. The total exports indicated a moderate expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the electrical induction industrial oven exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. The volume of exports peaked of X units in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, electrical induction industrial oven exports stood at $X in 2017. The total exports indicated a modest expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the electrical induction industrial oven exports increased by +X% against 2015 indices. In that year, the electrical induction industrial oven exports attained their peak level, and are likely to continue its growth in the immediate term.

Electrical Induction Industrial Oven Export Prices by Country in Africa

In 2017, the electrical induction industrial oven export price in Africa amounted to $X thousand per unit, declining by -X% against the previous year. The electrical induction industrial oven export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015, when it surged by X% year-to-year. In that year, the export prices for electrical induction industrial or laboratory furnaces and ovens attained their peak level of $X thousand per unit. From 2016 to 2017, growth of the export prices for electrical induction industrial or laboratory furnaces and ovens failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was South Africa ($X thousand per unit), while Uganda ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Egypt (+X% per year), while the other leaders experienced more modest paces of growth.

Electrical Induction Industrial Oven Imports in Africa

In 2017, the amount of electrical induction industrial or laboratory furnaces and ovens imported in Africa amounted to X units, shrinking by -X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2008, when it surged by X% against the previous year. Over the period under review, the electrical induction industrial oven imports reached its maximum volume of X units in 2016, and then declined slightly in the following year.

In value terms, electrical induction industrial oven imports totaled $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Over the period under review, the electrical induction industrial oven imports reached its peak figure level of $X in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Electrical Induction Industrial Oven Imports by Country in Africa

South Africa (X units) and Algeria (X units) represented the main importers of electrical induction industrial or laboratory furnaces and ovens in 2017, reaching near X% and X% of total imports, respectively. Rwanda (X units) ranks second in terms of the global imports with a X% share, followed by Tunisia (X%) and Nigeria (X%). The following importers - Morocco (X units), Namibia (X units), Burkina Faso (X units), Egypt (X units) and Ethiopia (X units) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Burkina Faso (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest electrical induction industrial oven markets worldwide were Algeria ($X), Nigeria ($X) and South Africa ($X), together comprising X% of total imports. Morocco, Tunisia, Egypt, Ethiopia, Rwanda, Burkina Faso and Namibia lagged somewhat behind, together comprising a further X%.

Among the main importing countries , Burkina Faso (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Electrical Induction Industrial Oven Import Prices by Country in Africa

In 2017, the electrical induction industrial oven import price in Africa amounted to $X thousand per unit, growing by X% against the previous year. The electrical induction industrial oven import price continues to indicate a mild deduction. The growth pace was the most rapid in 2012, an increase of X% against the previous year. Over the period under review, the import prices for electrical induction industrial or laboratory furnaces and ovens attained its maximum level of $X thousand per unit in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Nigeria ($X thousand per unit), while Namibia ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Rwanda (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform