EU: Electrical Induction Industrial Oven Market 2020

Electrical Induction Industrial Oven Market Size in the EU

The revenue of the electrical induction industrial oven market in the European Union amounted to $X in 2017, standing approx. at the previous year. The electrical induction industrial oven consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015, when it surged by X% y-o-y. Over the period under review, the electrical induction industrial oven market attained its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Electrical Induction Industrial Oven Production in the EU

In 2017, production of electrical induction industrial or laboratory furnaces and ovens in the European Union stood at X units, jumping by X% against the previous year. The electrical induction industrial oven production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016, with an increase of X% against the previous year. The volume of electrical induction industrial oven production peaked in 2017, and is likely to see steady growth in the immediate term.

Electrical Induction Industrial Oven Exports in the EU

In 2017, electrical induction industrial oven exports in the European Union totaled X units, picking up by X% against the previous year. The electrical induction industrial oven exports continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. The volume of exports peaked of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, electrical induction industrial oven exports amounted to $X in 2017. The electrical induction industrial oven exports continue to indicate a relatively flat trend pattern. In that year, the electrical induction industrial oven exports reached their peak level of $X. From 2012 to 2017, growth of the electrical induction industrial oven exports stood at a somewhat lower level.

Electrical Induction Industrial Oven Exports by Country in the EU

In 2017, Germany (X units), Latvia (X units) and Italy (X units) were the major exporters of electrical induction industrial or laboratory furnaces and ovens in the European Union, mixed up X% of total export. Austria (X units) occupied a X% share (based on tons) of total exports, which put it in second place, followed by the Czech Republic (X%). The UK (X units), Sweden (X units), France (X units), Belgium (X units), Lithuania (X units) and Spain (X units) took the mild share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the Czech Republic (+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 Germany ($X), Italy ($X) and the UK ($X), with a combined X% share of total exports. Austria, France, the Czech Republic, Sweden, Spain, Lithuania, Belgium and Latvia lagged somewhat behind, together comprising a further X%.

Among the main exporting countries , Lithuania (+X% per year) experienced the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Electrical Induction Industrial Oven Export Prices by Country in the EU

The electrical induction industrial oven export price in the European Union stood at $X thousand per unit in 2017, waning by -X% against the previous year. The electrical induction industrial oven export price continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2015, an increase of X% against the previous year. Over the period under review, the export prices for electrical induction industrial or laboratory furnaces and ovens reached its maximum level of $X thousand per unit in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was France ($X thousand per unit), while Latvia ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Germany (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Electrical Induction Industrial Oven Imports in the EU

In 2017, imports of electrical induction industrial or laboratory furnaces and ovens in the European Union amounted to X units, declining by -X% against the previous year. The electrical induction industrial oven imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2013, with an increase of X% year-to-year. Over the period under review, the electrical induction industrial oven imports reached its peak figure volume of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, electrical induction industrial oven imports amounted to $X in 2017. The electrical induction industrial oven imports continue to indicate a relatively flat trend pattern. Over the period under review, the electrical induction industrial oven imports attained its maximum level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Electrical Induction Industrial Oven Imports by Country in the EU

In 2017, the UK (X units) was the main importer for electrical induction industrial or laboratory furnaces and ovens, making up X% of total imports. It was distantly followed by Germany (X units), France (X units), the Netherlands (X units) and Italy (X units), together comprising X% share of total imports. The following importers - Belgium (X units), Spain (X units), Latvia (X units), Hungary (X units), Poland (X units), Austria (X units) and the Czech Republic (X units) together made up X% of total imports.

The UK was also the fastest growing in terms of the electrical induction industrial or laboratory furnaces and ovens imports, with a CAGR of +X% from 2007 to 2017. At the same time, Hungary (+X%), France (+X%), the Netherlands (+X%), Poland (+X%), Germany (+X%), Latvia (+X%), Italy (+X%), the Czech Republic (+X%), Austria (+X%), Belgium (+X%) and Spain (+X%) displayed positive paces of growth. Italy (-X%), Hungary (-X%), the Netherlands (-X%), Germany (-X%), France (-X%) and the UK (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X), Germany ($X) and the UK ($X) constituted the countries with the highest levels of imports in 2017, together comprising X% of total imports.

Among the main importing countries , the UK (+X% per year) experienced 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 the EU

The electrical induction industrial oven import price in the European Union stood at $X thousand per unit in 2017, jumping by X% against the previous year. The electrical induction industrial oven import price continues to indicate an abrupt drop. The pace of growth was the most pronounced in 2017, when the import prices increased by X% y-o-y. Over the period under review, the import prices for electrical induction industrial or laboratory furnaces and ovens reached its peak figure level of $X thousand per unit in 2007; however, from 2008 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 Austria ($X thousand per unit), while Latvia ($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 Latvia (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform