Latin America and the Caribbean: Electrical Induction Industrial Oven Market 2020

Electrical Induction Industrial Oven Market Size in Latin America and the Caribbean

The revenue of the electrical induction industrial oven market in Latin America and the Caribbean amounted to $X in 2017, rising by X% against the previous year. The electrical induction industrial oven consumption continues to indicate a remarkable increase. The growth pace was the most rapid in 2011, when it surged by X% against the previous year. The level of electrical induction industrial oven consumption peaked in 2017, and is likely to continue its growth in the immediate term.

Electrical Induction Industrial Oven Production in Latin America and the Caribbean

The electrical induction industrial oven production totaled X units in 2017, flattening at 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% y-o-y. The volume of electrical induction industrial oven production peaked in 2017, and is expected to retain its growth in the immediate term.

Electrical Induction Industrial Oven Exports in Latin America and the Caribbean

In 2017, the amount of electrical induction industrial or laboratory furnaces and ovens exported in Latin America and the Caribbean totaled X units, going down by -X% against the previous year. The electrical induction industrial oven exports continue to indicate a mild increase. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. In that year, the electrical induction industrial oven exports attained their peak volume of X units. From 2011 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 electrical induction industrial oven exports continue to indicate a prominent growth. Over the period under review, the electrical induction industrial oven exports attained its maximum level in 2017, and are likely to continue its growth in the near future.

Electrical Induction Industrial Oven Exports by Country in Latin America and the Caribbean

The countries with the highest levels of electrical induction industrial oven exports in 2017 were Argentina (X units), Brazil (X units) and Mexico (X units), together accounting for X% of total export. It was distantly followed by Colombia (X units), creating X% 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 Colombia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Mexico ($X) and Argentina ($X) constituted the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

Brazil (+X% per year) experienced the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other leaders experienced mixed trends in the exports figures.

Electrical Induction Industrial Oven Export Prices by Country in Latin America and the Caribbean

The electrical induction industrial oven export price in Latin America and the Caribbean stood at $X thousand per unit in 2017, going up by X% against the previous year. The electrical induction industrial oven export price continues to indicate a prominent growth. The pace of growth was the most pronounced in 2011, an increase of X% year-to-year. The level of export price peaked in 2017, and is expected to retain its growth in the immediate term.

Export prices varied noticeably by the country of destination; the country with the highest export price was Mexico ($X thousand per unit), while Colombia ($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 Mexico (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Electrical Induction Industrial Oven Imports in Latin America and the Caribbean

In 2017, imports of electrical induction industrial or laboratory furnaces and ovens in Latin America and the Caribbean amounted to X units, jumping by X% against the previous year. The electrical induction industrial oven imports continue to indicate a prominent growth. The pace of growth was the most pronounced in 2015, when it surged by X% against the previous year. Over the period under review, the electrical induction industrial oven imports attained its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, electrical induction industrial oven imports stood at $X in 2017. The total imports indicated a strong 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. The level of imports peaked in 2017, and are likely to see steady growth in the immediate term.

Electrical Induction Industrial Oven Imports by Country in Latin America and the Caribbean

Mexico represented the largest importing country with an import of about X units, which reached X% of total imports. Peru (X units) ranks second in terms of the global imports with a X% share, followed by Brazil (X%). Argentina (X units) and Nicaragua (X units) followed a long way behind the leaders.

Mexico 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, Nicaragua (+X%), Brazil (+X%), Argentina (+X%) and Peru (+X%) displayed positive paces of growth. Peru (-X%), Brazil (-X%) and Mexico (-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, Mexico ($X) constitutes the largest market for imported electrical induction industrial or laboratory furnaces and ovens in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global imports. It was followed by Argentina, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Mexico amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (-X% per year) and Argentina (+X% per year).

Electrical Induction Industrial Oven Import Prices by Country in Latin America and the Caribbean

In 2017, the electrical induction industrial oven import price in Latin America and the Caribbean amounted to $X thousand per unit, going up by X% against the previous year. The electrical induction industrial oven import price continues to indicate a drastic setback. The growth pace was the most rapid in 2012, when it surged by X% year-to-year. In that year, the import prices for electrical induction industrial or laboratory furnaces and ovens attained their peak level of $X thousand per unit. From 2013 to 2017, growth of the import prices for electrical induction industrial or laboratory furnaces and ovens stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Brazil ($X thousand per unit), while Nicaragua ($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 Peru (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform