🇸🇦 Saudi Arabia imports of electric furnace: 2024 trade data
Imports of electric furnace by Saudi Arabia reached $65.4 million in 2024 (4.5 thousand tonnes). Its share of world imports was 1%. That is 11% more than in 2023. Over 2017-2024 the trade grew strongly, by about 14% a year on average.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of electric furnace by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $65.4M | 4.5K t |
| 2023 | $59.2M | 5.6K t |
| 2022 | $57.9M | 4.7K t |
| 2021 | $37.2M | 4.1K t |
| 2020 | $28.5M | 1.5K t |
| 2019 | $36.8M | 3.2K t |
| 2018 | $28.5M | 1.5K t |
| 2017 | $25.8M | 1.4K t |
Where Saudi Arabia imports electric furnace from
The largest suppliers were Italy (26%), China (19%), India (10%). Among the main suppliers, United Kingdom grew fastest (+194% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇮🇹 Italy | $17.2M | 26% |
| 🇨🇳 China | $12.3M | 19% |
| 🇮🇳 India | $6.7M | 10% |
| 🇬🇧 United Kingdom | $5.7M | 8.8% |
| 🇺🇸 United States | $5.1M | 7.8% |
| 🇩🇪 Germany | $4.0M | 6.1% |
| 🇹🇷 Turkey | $3.8M | 5.8% |
| 🇦🇪 United Arab Emirates | $1.6M | 2.5% |
| 🇫🇷 France | $1.4M | 2.2% |
| 🇰🇷 South Korea | $1.3M | 1.9% |
Types of electric furnace under HS 8514
| 8514.90 | Furnaces, ovens and heating equipment: parts of the industrial or laboratory equipment of heading no. 8514 | 29% |
| 8514.10 | Furnaces and ovens: electric, for industrial or laboratory use, resistance heated | 28% |
| 8514.20 | Furnaces and ovens: electric, for industrial or laboratory use, functioning by induction or dielectric loss | 18% |
| 8514.40 | Heating equipment: for the heat treatment of materials by induction or dielectric loss, industrial or laboratory, other than furnaces and ovens | 16% |
| 8514.30 | Furnaces and ovens: electric, for industrial or laboratory use, other than those functioning by induction, dielectric loss or resistance heated | 9% |
Codes and full descriptions: HS heading 8514.
Average import price of electric furnace
The average declared value was about $14.50 per kg, close to the world average of $18.05.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Saudi Arabia also exports electric furnace
Exports of electric furnace by Saudi Arabia reached $1.2 million in 2024 (318 tonnes). Most of it went to Philippines (40%), Yemen (25%), Qatar (17%). Among the main buyer markets, Yemen grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| 🇵🇭 Philippines | $502K | 40% |
| 🇾🇪 Yemen | $313K | 25% |
| 🇶🇦 Qatar | $211K | 17% |
| 🇴🇲 Oman | $83K | 6.6% |
| 🇦🇪 United Arab Emirates | $75K | 6% |
| 🇩🇪 Germany | $31K | 2.5% |
| 🇧🇭 Bahrain | $9K | 0.8% |
| 🇺🇸 United States | $6K | 0.5% |
| 🇸🇩 Sudan | $5K | 0.4% |
| 🇨🇳 China | $3K | 0.2% |
Who is behind these numbers in Saudi Arabia?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Mirror data: built from the shipment records of the countries that trade with it.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
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: Industrial or laboratory electric furnaces and ovens (including those functioning by induction or dielectric loss); other industrial or laboratory equipment for the heat treatment of materials by induction or dielectric loss.
Electric furnace trade in Saudi Arabia: questions
What is the value of electric furnace imported by Saudi Arabia?
Saudi Arabia imported electric furnace worth $65.4 million in 2024 (4.5 thousand tonnes).
Where does Saudi Arabia import electric furnace from?
The main supplier countries in 2024 were Italy (26%), China (19%), India (10%).
What is the average import price of electric furnace in Saudi Arabia?
The average declared import value was about $14.50 per kg in 2024, against a world average of $18.05 per kg.
Does Saudi Arabia export electric furnace?
Yes. Saudi Arabia exported electric furnace worth $1.2 million in 2024, mainly to Philippines, Yemen, Qatar.
What is the HS code for electric furnace?
Electric furnace falls under HS heading 8514 (Industrial or laboratory electric furnaces and ovens (including those functioning by induction or dielectric loss); othe). The six-digit codes under it split the product by type.
How can I find the companies trading electric furnace with Saudi Arabia?
These public statistics stop at country level. EximDataX builds Saudi Arabia trade from the records of its trading partners, updated weekly, so you can see who ships this product there.
Electric furnace trade in other countries
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