# HS 851440 For The Heat Treatment Of Materials  global trade...

Reported global trade in for the heat treatment of materials by induction or dielectric loss, industrial or laboratory, other than furnaces and ovens reached $764.9M in 2024, with five-year annual growth of +2.8%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $648.4M | -1% | +8.8% |
| 2014 | $604.1M | -6.8% | +1.2% |
| 2015 | $623.0M | +3.1% | -1.6% |
| 2016 | $566.5M | -9.1% | -4.4% |
| 2017 | $587.8M | +3.8% | -0.9% |
| 2018 | $639.1M | +8.7% | +0.9% |
| 2019 | $665.9M | +4.2% | +5.5% |
| 2020 | $552.8M | -17% | -2% |
| 2021 | $562.0M | +1.7% | -4.2% |
| 2022 | $645.7M | +14.9% | -1% |
| 2023 | $793.2M | +22.8% | +12.8% |
| 2024 | $764.9M | -3.6% | +10.8% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $78.4M | +1.3% | 52 |
| China | $66.9M | -6.5% | 38 |
| Taiwan | $61.5M | +16.9% | 25 |
| India | $50.5M | +6.1% | 36 |
| Canada | $39.7M | +20.5% | 36 |
| Mexico | $39.7M | +8.6% | 86 |
| Germany | $35.3M | +2.8% | 48 |
| Italy | $26.9M | +5.9% | 42 |
| United Kingdom | $23.1M | +11.5% | 46 |
| Republic of Korea | $22.0M | +2.7% | 27 |
| Belgium | $18.5M | +2% | 29 |
| France | $17.6M | -0.1% | 39 |

_Source: reported merchandise trade data. Updated 2026-08-14._