Report Update: Apr 1, 2024

Colombia - Furnace Burners For Solid Fuel Or Gas - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Price for Solid Fuel Furnace Burner in Colombia - 2022

Price for Solid Fuel Furnace Burner in Colombia (CIF) - 2022

In February 2022, the average solid fuel furnace burner import price amounted to $214 per unit, with a decrease of -80.7% against the previous month. Over the period under review, the import price saw a slight reduction. The pace of growth appeared the most rapid in January 2022 an increase of 407% m-o-m. As a result, import price attained the peak level of $1,109 per unit, and then contracted sharply in the following month.

There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was Mexico ($2,230 per unit), while the price for China ($69.1 per unit) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Mexico (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Solid Fuel Furnace Burner in Colombia (FOB) - 2022

The average solid fuel furnace burner export price stood at $850 per unit in 2022, picking up by 19% against the previous year. In general, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, solid fuel furnace burner export price decreased by -0.4% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 99%. Over the period under review, the average export prices reached the maximum at $853 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($1,033 per unit), while the average price for exports to Panama totaled $607 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Solid Fuel Furnace Burner in Colombia

Solid fuel furnace burner imports into Colombia reduced markedly to 5.7K units in 2022, with a decrease of -21.8% compared with 2021 figures. Overall, imports recorded a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 56%. Imports peaked at 7.5K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, solid fuel furnace burner imports fell significantly to $2.7M in 2022. In general, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 103%. As a result, imports reached the peak of $3.6M, and then fell dramatically in the following year.

Import of Solid Fuel Furnace Burner in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	1,124	684	1,232	952	-5.4%
Italy	1,071	311	630	640	-15.8%
Turkey	95.0	144	544	390	60.1%
Germany	327	73.5	244	199	-15.3%
Mexico	249	148	25.8	151	-15.4%
Spain	58.9	166	133	120	26.8%
China	152	20.3	57.3	73.4	-21.5%
Taiwan (Chinese)	N/A	N/A	230	N/A	0%
Others	307	215	473	141	-22.8%
Total	3,383	1,763	3,570	2,666	-7.6%

Top Suppliers of Solid Fuel Furnace Burner to Colombia in 2022:

Turkey (2214.0 units)
United States (1018.0 units)
Italy (769.0 units)
Spain (516.0 units)
China (503.0 units)
Mexico (479.0 units)
Germany (119.0 units)

Exports of Solid Fuel Furnace Burner in Colombia

In 2022, approx. 22 units of furnace burners for solid fuel or gas were exported from Colombia; shrinking by -31.2% compared with the year before. In general, exports continue to indicate a mild decrease. The pace of growth appeared the most rapid in 2021 with an increase of 88% against the previous year. As a result, the exports attained the peak of 32 units, and then shrank sharply in the following year.

In value terms, solid fuel furnace burner exports contracted notably to $19K in 2022. Over the period under review, total exports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +28.9% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 58%. As a result, the exports attained the peak of $23K, and then contracted significantly in the following year.

Export of Solid Fuel Furnace Burner in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Mexico	3.8	9.8	8.8	12.9	50.3%
Panama	2.1	4.7	3.9	5.8	40.3%
Ecuador	4.3	N/A	4.6	N/A	3.4%
Venezuela	3.9	N/A	N/A	N/A	0%
Peru	3.3	N/A	1.8	N/A	-26.1%
Honduras	N/A	N/A	3.7	N/A	0%
Others	0.7	N/A	N/A	N/A	0%
Total	18.0	14.5	22.9	18.7	1.3%

Top Export Markets for Solid Fuel Furnace Burner from Colombia in 2022:

Mexico (13.0 units)
Panama (9.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for solid fuel furnace burner in Colombia. 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 28211150 - Furnace burners for solid fuel or gas (including combination burners)

Country coverage:

Colombia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Colombia
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