Report Update: Apr 1, 2024

Russian Federation - Furnace Burners For Liquid Fuel - Market Analysis, Forecast, Size, Trends And Insights

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Price for Liquid Fuel Furnace Burner in Russia - 2022

Price for Liquid Fuel Furnace Burner in Russia (CIF) - 2022

In January 2022, the average liquid fuel furnace burner import price amounted to $317 per unit, reducing by -21.2% against the previous month. Overall, the import price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in December 2021 an increase of 132% m-o-m. Over the period under review, average import prices attained the maximum at $411 per unit in May 2021; however, from June 2021 to January 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was Italy ($1,003 per unit), while the price for Germany ($47.2 per unit) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Liquid Fuel Furnace Burner in Russia (FOB) - 2022

The average liquid fuel furnace burner export price stood at $182 per unit in 2022, therefore, remained relatively stable against the previous year. In general, the export price, however, recorded a pronounced expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices reached the peak figure at $184 per unit in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($871 per unit), while the average price for exports to Belarus ($131 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+22.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Liquid Fuel Furnace Burner in Russia

In 2022, the amount of furnace burners for liquid fuel imported into Russia dropped significantly to 23K units, which is down by -32.8% against the previous year's figure. In general, imports faced a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. Over the period under review, imports attained the peak figure at 71K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, liquid fuel furnace burner imports declined to $8.8M in 2022. Over the period under review, imports saw a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. Over the period under review, imports hit record highs at $13M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Liquid Fuel Furnace Burner in Russia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	5,289	3,662	4,939	3,129	-16.1%
United Arab Emirates	0.4	N/A	320	3,024	1862.6%
Finland	484	640	614	1,001	27.4%
Germany	2,302	2,388	1,629	966	-25.1%
South Korea	199	151	154	280	12.1%
China	121	175	216	113	-2.3%
Belarus	348	209	162	96.1	-34.9%
Kazakhstan	1,588	14.3	11.1	6.1	-84.3%
Poland	523	322	852	2.1	-84.1%
Belgium	255	97.9	94.9	N/A	-39.0%
Others	1,425	496	440	177	-50.1%
Total	12,535	8,156	9,430	8,793	-11.1%

Top Suppliers of Liquid Fuel Furnace Burner to Russia in 2022:

Poland (undefinedK units)
Kazakhstan (undefinedK units)
Germany (8.1K units)
Italy (4.7K units)
United Arab Emirates (4.7K units)
China (2.8K units)
South Korea (1.0K units)
Belarus (0.7K units)
Finland (0.6K units)

Exports of Liquid Fuel Furnace Burner in Russia

In 2022, approx. 2.8K units of furnace burners for liquid fuel were exported from Russia; waning by -25.1% compared with 2021 figures. Overall, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 71%. Over the period under review, the exports hit record highs at 5.3K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, liquid fuel furnace burner exports shrank sharply to $507K in 2022. In general, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 107%. The exports peaked at $770K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Liquid Fuel Furnace Burner in Russia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belarus	92.4	49.3	216	330	52.9%
Kazakhstan	306	191	358	160	-19.4%
Ukraine	40.4	3.0	70.3	16.2	-26.3%
Iraq	106	N/A	N/A	N/A	0%
Saudi Arabia	121	N/A	N/A	N/A	0%
Kyrgyzstan	58.7	29.2	4.9	N/A	-71.1%
Others	45.1	58.7	34.1	1.5	-67.8%
Total	770	331	683	507	-13.0%

Top Export Markets for Liquid Fuel Furnace Burner from Russia in 2022:

Belarus (2515.0 units)
Kazakhstan (183.0 units)
Ukraine (79.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for liquid fuel furnace burner in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28211130 - Furnace burners for liquid fuel

Country coverage:

Russia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Russian Federation
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023