Brazil: Market for Furnace Burners For Solid Fuel Or Gas 2024

Market Size for Furnace Burners For Solid Fuel Or Gas in Brazil

The Brazilian solid fuel furnace burner market shrank remarkably to $X in 2022, which is down by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a abrupt decline. Solid fuel furnace burner consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Exports of Furnace Burners For Solid Fuel Or Gas

Exports from Brazil

In 2022, exports of furnace burners for solid fuel or gas from Brazil soared to X units, with an increase of X% on 2021. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, solid fuel furnace burner exports surged to $X in 2022. Overall, exports posted a buoyant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for solid fuel furnace burner exports from Brazil, with a X% share of total exports. Moreover, solid fuel furnace burner exports to the United States exceeded the volume sent to the second major destination, Argentina (X units), twofold. Spain (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (X% per year) and Spain (X% per year).

In value terms, the largest markets for solid fuel furnace burner exported from Brazil were India ($X), the United States ($X) and Argentina ($X), with a combined X% share of total exports.

The United States, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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

The average solid fuel furnace burner export price stood at $X per unit in 2022, reducing by X% against the previous year. In general, the export price, however, showed a tangible expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by X%. The export price peaked at $X per unit in 2021, and then contracted significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to Spain ($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 Singapore (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Furnace Burners For Solid Fuel Or Gas

Imports into Brazil

In 2022, approx. X units of furnace burners for solid fuel or gas were imported into Brazil; waning by X% against 2021. In general, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, solid fuel furnace burner imports stood at $X in 2022. Over the period under review, imports recorded a deep slump. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Italy (X units), the United States (X units) and Germany (X units) were the main suppliers of solid fuel furnace burner imports to Brazil, with a combined X% share of total imports. Japan, China, Taiwan (Chinese) and Argentina lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

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

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

Import Prices by Country

The average solid fuel furnace burner import price stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, import price indicated a measured increase 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. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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