Southern Asia: Electrical Induction Industrial Oven Market 2020

Electrical Induction Industrial Oven Market Size in Southern Asia

The revenue of the electrical induction industrial oven market in Southern Asia amounted to $X in 2017, jumping by X% against the previous year. The electrical induction industrial oven consumption continues to indicate a skyrocketing expansion. The pace of growth appeared the most rapid in 2015, with an increase of X% year-to-year. The level of electrical induction industrial oven consumption peaked in 2017, and is likely to see steady growth in the near future.

Electrical Induction Industrial Oven Production in Southern Asia

In 2017, production of electrical induction industrial or laboratory furnaces and ovens in Southern Asia stood at X units, rising by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2016, when it surged by X% y-o-y. Over the period under review, the electrical induction industrial oven production reached its maximum volume in 2017, and is likely to continue its growth in the immediate term.

Electrical Induction Industrial Oven Exports in Southern Asia

In 2017, the amount of electrical induction industrial or laboratory furnaces and ovens exported in Southern Asia amounted to X units, falling by -X% against the previous year. The electrical induction industrial oven exports continue to indicate a dramatic deduction. The growth pace was the most rapid in 2011, when it surged by X% y-o-y. In that year, the electrical induction industrial oven exports reached their peak volume of X units. From 2012 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 remarkable 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. 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 Southern Asia

The countries with the highest levels of electrical induction industrial oven exports in 2017 were India (X units), together reaching X% of total export.

India 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. While the share of India (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest electrical induction industrial oven supplier in Southern Asia.

From 2007 to 2017, the average annual growth rate of value in India stood at +X%.

Electrical Induction Industrial Oven Export Prices by Country in Southern Asia

The electrical induction industrial oven export price in Southern Asia stood at $X thousand per unit in 2017, coming up by X% against the previous year. The electrical induction industrial oven export price continues to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2015, when the export prices increased by X% y-o-y. Over the period under review, the export prices for electrical induction industrial or laboratory furnaces and ovens attained its maximum level in 2017, and is likely to see steady growth in the near future.

As there is only one major export destination, the average price level is determined by export prices for India.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by India (-X% per year).

Electrical Induction Industrial Oven Imports in Southern Asia

In 2017, the amount of electrical induction industrial or laboratory furnaces and ovens imported in Southern Asia amounted to X units, falling by -X% against the previous year. The electrical induction industrial oven imports continue to indicate a drastic 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 stood at a somewhat lower level.

In value terms, electrical induction industrial oven imports totaled $X in 2017. The electrical induction industrial oven imports continue to indicate a moderate descent. Over the period under review, the electrical induction industrial oven imports attained its maximum level of $X in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Electrical Induction Industrial Oven Imports by Country in Southern Asia

Bangladesh dominates electrical induction industrial oven imports structure, finishing at X units, which was approx. X% of total imports in 2017. It was distantly followed by India (X units), generating X% share of total imports. Sri Lanka (X units) occupied the slight share of total imports.

From 2007 to 2017, average annual rates of growth with regard to electrical induction industrial oven imports into Bangladesh stood at -X%. At the same time, Sri Lanka (+X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest growing importer in Southern Asia, with a CAGR of +X% from 2007-2017. India experienced a relatively flat trend pattern. Bangladesh (X%) significantly strengthened 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, India ($X) constitutes the largest market for imported electrical induction industrial or laboratory furnaces and ovens in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Bangladesh ($X), with a X% share of global imports. It was followed by Sri Lanka, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in India totaled -X%. In the other countries, the average annual rates were as follows: Bangladesh (+X% per year) and Sri Lanka (+X% per year).

Electrical Induction Industrial Oven Import Prices by Country in Southern Asia

The electrical induction industrial oven import price in Southern Asia stood at $X per unit in 2017, waning by -X% against the previous year. The electrical induction industrial oven import price continues to indicate a remarkable growth. The pace of growth was the most pronounced in 2012, when the import prices increased by X% year-to-year. Over the period under review, the import prices for electrical induction industrial or laboratory furnaces and ovens attained its maximum level of $X per unit in 2016, and then declined slightly in the following year.

Import prices varied noticeably by the country of destination; the country with the highest import price was India ($X thousand per unit), while Bangladesh ($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 a decline in the import price figures.

Source: IndexBox Platform