Report Update: Apr 1, 2024

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

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Price for Solid Fuel Furnace Burner in Norway - 2023

Price for Solid Fuel Furnace Burner in Norway (CIF) - 2023

In July 2023, the average solid fuel furnace burner import price amounted to $896 per unit, jumping by 237% against the previous month. Overall, the import price posted pronounced growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($1,016 per unit), while the price for Italy ($259 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average solid fuel furnace burner export price stood at $451 per unit in 2022, rising by 19% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable slump. The growth pace was the most rapid in 2015 when the average export price increased by 2,889% against the previous year. As a result, the export price attained the peak level of $12,032 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($515 per unit), while the average price for exports to Denmark ($72 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 Spain (+12.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Solid Fuel Furnace Burner in Norway

For the third consecutive year, Norway recorded decline in supplies from abroad of furnace burners for solid fuel or gas, which decreased by -21.2% to 3.4K units in 2022. Overall, imports faced a precipitous contraction. The smallest decline of -19.6% was in 2020. Over the period under review, imports hit record highs at 10K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, solid fuel furnace burner imports contracted remarkably to $1.8M in 2022. In general, imports faced a precipitous decline. The pace of growth was the most pronounced in 2020 when imports increased by 13%. As a result, imports reached the peak of $4.3M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Solid Fuel Furnace Burner in Norway (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1,273	1,731	916	582	-23.0%
Luxembourg	25.4	N/A	491	410	152.7%
Sweden	663	57.0	49.6	322	-21.4%
Italy	399	588	763	268	-12.4%
Netherlands	76.8	3.2	97.3	70.2	-3.0%
United Kingdom	715	150	61.7	52.7	-58.1%
United States	69.5	31.9	15.2	28.4	-25.8%
Poland	94.0	43.4	17.5	19.3	-41.0%
Denmark	184	21.8	42.2	6.5	-67.2%
Belgium	33.3	998	N/A	N/A	2897.0%
Others	238	632	125	40.3	-44.7%
Total	3,772	4,255	2,579	1,799	-21.9%

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

Italy (1100.0 units)
Sweden (865.0 units)
Germany (718.0 units)
Luxembourg (377.0 units)
Netherlands (76.0 units)
United States (64.0 units)
Denmark (52.0 units)
United Kingdom (48.0 units)
Poland (42.0 units)

Exports of Solid Fuel Furnace Burner in Norway

In 2022, exports of furnace burners for solid fuel or gas from Norway dropped significantly to 666 units, falling by -46% compared with the previous year. Overall, exports continue to indicate a mild setback. The pace of growth appeared the most rapid in 2021 with an increase of 774% against the previous year. As a result, the exports reached the peak of 1.2K units, and then reduced dramatically in the following year.

In value terms, solid fuel furnace burner exports shrank rapidly to $300K in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 154% against the previous year. As a result, the exports reached the peak of $467K, and then contracted remarkably in the following year.

Export of Solid Fuel Furnace Burner in Norway (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	N/A	N/A	N/A	163	0%
Sweden	0.8	29.9	175	69.6	343.1%
United Kingdom	30.7	N/A	204	45.1	13.7%
Namibia	N/A	N/A	N/A	6.0	0%
Denmark	12.9	N/A	13.6	1.4	-52.3%
Germany	N/A	N/A	27.7	0.3	-98.9%
South Africa	N/A	N/A	8.4	N/A	0%
Saudi Arabia	96.9	N/A	N/A	N/A	0%
Others	11.5	154	38.7	15.0	9.3%
Total	153	184	467	300	25.2%

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

Spain (316.0 units)
Sweden (160.0 units)
United Kingdom (113.0 units)
Namibia (49.0 units)
Denmark (19.0 units)
Germany (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for solid fuel furnace burner in Norway. 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:

Norway

Data coverage:

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