Asia: Electrical Induction Industrial Oven Market 2020

Electrical Induction Industrial Oven Market Size in Asia

The revenue of the electrical induction industrial oven market in Asia amounted to $X in 2017, surging by X% against the previous year. The electrical induction industrial oven consumption continues to indicate a strong expansion. The growth pace was the most rapid in 2015, when it surged by X% y-o-y. The level of electrical induction industrial oven consumption peaked in 2017, and is likely to see steady growth in the immediate term.

Electrical Induction Industrial Oven Production in Asia

The electrical induction industrial oven production totaled X units in 2017, increasing by X% against the previous year. The total output indicated a prominent 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 production increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. Over the period under review, the electrical induction industrial oven production attained its maximum volume in 2017, and is likely to see steady growth in the near future.

Electrical Induction Industrial Oven Exports in Asia

The exports stood at X units in 2017, approximately reflecting the previous year. The electrical induction industrial oven exports continue to indicate a pronounced downturn. The pace of growth was the most pronounced in 2012, with an increase of X% y-o-y. In that year, the electrical induction industrial oven exports reached their peak volume of X units. From 2013 to 2017, growth of the electrical induction industrial oven exports stood at a somewhat lower level.

In value terms, electrical induction industrial oven exports totaled $X in 2017. The total exports indicated a strong expansion from 2007 to 2017: its value decreased 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. Over the period under review, the electrical induction industrial oven exports attained its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Electrical Induction Industrial Oven Exports by Country in Asia

Thailand represented the largest exporter of electrical induction industrial or laboratory furnaces and ovens in Asia, with the volume of exports accounting for X units, which was near X% of total exports in 2017. It was distantly followed by China (X units) and South Korea (X units), together achieving X% share of total exports. Japan (X units) followed a long way behind the leaders.

Thailand was also the fastest growing in terms of the electrical induction industrial or laboratory furnaces and ovens exports, with a CAGR of +X% from 2007 to 2017. At the same time, South Korea (+X%), China (+X%) and Japan (+X%) displayed positive paces of growth. While the share of South Korea (-X%), China (-X%) and Thailand (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electrical induction industrial oven markets worldwide were China ($X), Japan ($X) and South Korea ($X), with a combined X% share of total exports. Thailand lagged somewhat behind, accounting for a further X%.

Thailand (+X% per year) recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Electrical Induction Industrial Oven Export Prices by Country in Asia

The electrical induction industrial oven export price in Asia stood at $X per unit in 2017, approximately equating the previous year. The electrical induction industrial oven export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2015, an increase of X% against the previous year. The level of export price peaked in 2017, and is likely to see steady growth in the near future.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Japan ($X thousand per unit), while Thailand ($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 China (+X% per year), while the other leaders experienced a decline in the export price figures.

Electrical Induction Industrial Oven Imports in Asia

The imports totaled X units in 2017, picking up by X% against the previous year. The electrical induction industrial oven imports continue to indicate a noticeable downturn. The growth pace was the most rapid in 2011, with an increase of X% y-o-y. In that year, the electrical induction industrial oven imports reached their peak volume of X units. From 2012 to 2017, growth of the electrical induction industrial oven imports failed to regain its momentum.

In value terms, electrical induction industrial oven imports totaled $X in 2017. The electrical induction industrial oven imports continue to indicate a relatively flat trend pattern. In that year, the electrical induction industrial oven imports reached their peak level of $X. From 2011 to 2017, growth of the electrical induction industrial oven imports failed to regain its momentum.

Electrical Induction Industrial Oven Imports by Country in Asia

In 2017, China (X units), Bangladesh (X units) and Thailand (X units) were the key importers of electrical induction industrial or laboratory furnaces and ovens in Asia, comprising X% of total import. It was distantly followed by China, Hong Kong SAR (X units), committing X% share of total imports. The following importers - Indonesia (X units), Kazakhstan (X units), Japan (X units), South Korea (X units), Malaysia (X units), Kuwait (X units), Jordan (X units) and the United Arab Emirates (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 Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported electrical induction industrial or laboratory furnaces and ovens in Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

In China, electrical induction industrial oven imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (-X% per year) and Japan (+X% per year).

Electrical Induction Industrial Oven Import Prices by Country in Asia

The electrical induction industrial oven import price in Asia stood at $X thousand per unit in 2017, standing approx. at the previous year. The import price indicated a perceptible growth from 2007 to 2017: its price 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 import price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2010, when it surged by X% year-to-year. The level of import price peaked of $X thousand per unit in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was China ($X thousand per unit), while Bangladesh ($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 Bangladesh (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform