China: Non-Electric Roasting Furnace Market 2025

Non-Electric Roasting Furnace Market Size in China

The Chinese non-electric roasting furnace market skyrocketed to $X in 2022, rising by 17% against the previous year. The market value increased at an average annual rate of +2.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Non-electric roasting furnace consumption peaked in 2022 and is likely to continue growth in years to come.

Non-Electric Roasting Furnace Production in China

In value terms, non-electric roasting furnace production stood at $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Non-Electric Roasting Furnace Exports

Exports from China

In 2022, shipments abroad of non-electric furnaces and ovens for the roasting or melting increased by 22% to X units, rising for the fifth consecutive year after two years of decline. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 505%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, non-electric roasting furnace exports soared to $X in 2022. In general, exports showed a strong expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 199%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Indonesia (X units) was the main destination for non-electric roasting furnace exports from China, accounting for a 69% share of total exports. Moreover, non-electric roasting furnace exports to Indonesia exceeded the volume sent to the second major destination, the United States (X units), more than tenfold. Barbados (X units) ranked third in terms of total exports with a 2.5% share.

From 2012 to 2022, the average annual growth rate of volume to Indonesia totaled +92.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+38.8% per year) and Barbados (0.0% per year).

In value terms, Indonesia ($X) remains the key foreign market for non-electric furnaces and ovens for the roasting or melting exports from China, comprising 61% of total exports. The second position in the ranking was taken by Thailand ($X), with a 2% share of total exports. It was followed by Malaysia, with a 1.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Indonesia totaled +58.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+11.0% per year) and Malaysia (-4.0% per year).

Export Prices by Country

The average non-electric roasting furnace export price stood at $X per unit in 2022, flattening at the previous year. Over the period under review, the export price, however, showed a dramatic decline. The growth pace was the most rapid in 2016 when the average export price increased by 26%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Thailand ($X per unit), while the average price for exports to Barbados ($X 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 Thailand (-17.8%), while the prices for the other major destinations experienced a decline.

Non-Electric Roasting Furnace Imports

Imports into China

In 2022, the amount of non-electric furnaces and ovens for the roasting or melting imported into China skyrocketed to X units, increasing by 40% on 2021. In general, imports, however, showed a drastic downturn. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, non-electric roasting furnace imports expanded rapidly to $X in 2022. Over the period under review, imports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 47%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X units), Japan (X units) and South Korea (X units) were the main suppliers of non-electric roasting furnace imports to China, together comprising 69% of total imports. The United States, Canada, Italy and Sweden lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +7.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), South Korea ($X) and Japan ($X) were the largest non-electric roasting furnace suppliers to China, together comprising 88% of total imports. The United States, Sweden, Italy and Canada lagged somewhat behind, together comprising a further 12%.

Among the main suppliers, Canada, with a CAGR of +29.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average non-electric roasting furnace import price amounted to $X per unit, shrinking by -21.1% against the previous year. In general, the import price, however, enjoyed noticeable growth. The pace of growth was the most pronounced in 2017 an increase of 74%. Over the period under review, average import prices reached the maximum at $X per unit in 2021, and then reduced notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per unit), while the price for Canada ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+321.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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