Brazil: Market for Furnace Burners For Liquid Fuel 2024

Market Size for Furnace Burners For Liquid Fuel in Brazil

In 2022, the Brazilian liquid fuel furnace burner market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. In general, consumption, however, showed a prominent expansion. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Exports of Furnace Burners For Liquid Fuel

Exports from Brazil

Liquid fuel furnace burner exports from Brazil surged to X units in 2022, jumping by X% on the previous year's figure. Over the period under review, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports hit record highs at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, liquid fuel furnace burner exports surged to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Barbados (X units), Germany (X units) and Colombia (X units) were the main destinations of liquid fuel furnace burner exports from Brazil, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Colombia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for liquid fuel furnace burner exported from Brazil were Colombia ($X), Barbados ($X) and Germany ($X), with a combined X% share of total exports.

Colombia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average liquid fuel furnace burner export price amounted to $X per unit, waning by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($X per unit), while the average price for exports to Guatemala ($X 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 Nicaragua (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Furnace Burners For Liquid Fuel

Imports into Brazil

In 2022, overseas purchases of furnace burners for liquid fuel decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a noticeable increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, liquid fuel furnace burner imports reduced remarkably to $X in 2022. Overall, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Switzerland (X units) constituted the largest supplier of liquid fuel furnace burner to Brazil, accounting for a X% share of total imports. Moreover, liquid fuel furnace burner imports from Switzerland exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. Finland (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Switzerland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Finland (X% per year).

In value terms, Switzerland ($X) constituted the largest supplier of furnace burners for liquid fuel to Brazil, comprising X% of total imports. The second position in the ranking was taken by Finland ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Switzerland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average liquid fuel furnace burner import price amounted to $X per unit, remaining relatively unchanged against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, liquid fuel furnace burner import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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