Electric furnace parts trade by country: top importers, exporters and prices
World trade in electric furnace parts was worth $1.79 billion in 2024, about 95.6 thousand tonnes. That is an increase of 47% since 2017, and down 2% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $1.79B | 95.6K t |
| 2023 | $1.83B | 86.1K t |
| 2022 | $1.58B | 79.7K t |
| 2021 | $1.51B | 72.2K t |
| 2020 | $1.22B | 66.7K t |
| 2019 | $1.35B | 72.0K t |
| 2018 | $1.34B | 54.9K t |
| 2017 | $1.21B | 56.5K t |
Top electric furnace parts exporting countries
Exports are led by China (22%), Germany (13%) and Italy (11%). 132 countries reported exports, and the top three account for 46%.
| Exporter | Value | Share |
|---|---|---|
| China | $396.0M | 22% |
| Germany | $232.2M | 13% |
| Italy | $198.7M | 11% |
| United States | $147.4M | 8.2% |
| United Kingdom | $133.9M | 7.5% |
| Japan | $85.2M | 4.8% |
| India | $56.6M | 3.2% |
| Mexico | $53.3M | 3% |
| South Korea | $51.3M | 2.9% |
| Austria | $44.3M | 2.5% |
| France | $39.6M | 2.2% |
| Sweden | $25.8M | 1.4% |
Top importing countries and buyer markets
The largest importers are the United States (24%), Germany (5%) and China (5%). 194 countries imported it, and the top three take 35% of the value.
| Importer | Value | Share |
|---|---|---|
| United States | $432.0M | 24% |
| Germany | $96.9M | 5.4% |
| China | $90.3M | 5.1% |
| Indonesia | $89.7M | 5% |
| Japan | $52.4M | 2.9% |
| Italy | $50.2M | 2.8% |
| South Korea | $49.4M | 2.8% |
| Mexico | $48.5M | 2.7% |
| France | $45.7M | 2.6% |
| Canada | $43.2M | 2.4% |
| India | $43.1M | 2.4% |
| Malaysia | $39.8M | 2.2% |
Average price per kg
The world average declared value was about $18.72 per kg in 2024. Among the main exporters, the United Kingdom averaged $99.28 per kg and India $8.34 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
The shipment records behind Electric furnace parts (HS 8514.90) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 8514.90: Furnaces, ovens and heating equipment: parts of the industrial or laboratory equipment of heading no. 8514. HS 8514 codes.
Common questions
Which countries export the most electric furnace parts?
China exported $396.0 million in 2024, 22% of the world total, followed by Germany (13%) and Italy (11%). In all, 132 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most electric furnace parts?
The United States imported $432.0 million in 2024, 24% of world imports, ahead of Germany (5%) and China (5%). The top three importers together take 35%. Each country with its own page is linked from the table.
How big is the world trade in electric furnace parts?
It was worth $1.79 billion in 2024, about 95.6 thousand tonnes. That is an increase of 47% since 2017. The peak year was 2023 at $1.83 billion. 132 countries reported exports and 194 reported imports.
What is the average price of electric furnace parts per kg?
The world average declared value was about $18.72 per kg in 2024. Among the main exporters, the United Kingdom averaged $99.28 per kg and India $8.34 per kg, so grade and origin matter. The average mixes every grade and size, so use it as a market reference rather than an offer.
What is the HS code for electric furnace parts?
The HS code for electric furnace parts is subheading 8514.90, in chapter 85 (electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 8514 page.
How can I find electric furnace parts buyers and suppliers?
Company names sit below these country totals: EximDataX reads the customs records shipment by shipment, with dates and values. We can show electric furnace parts buyers and suppliers on a short call.
See what your buyers are buying.Then decide.
Everything we show you comes from official customs filings — records, not claims. 30 minutes. Your shipment. Your HS code. Real platform. If you don’t see something new about your market by the end of the call, we walk away. No follow-ups.