Eastern Europe: Market for Furnace Burners For Liquid Fuel 2024

Market Size for Furnace Burners For Liquid Fuel in Eastern Europe

In 2022, the East European liquid fuel furnace burner market decreased by X% to $X, falling for the fourth consecutive year after four years of growth. Overall, consumption recorded a noticeable curtailment. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Furnace Burners For Liquid Fuel in Eastern Europe

In value terms, liquid fuel furnace burner production amounted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Furnace Burners For Liquid Fuel

Exports in Eastern Europe

Liquid fuel furnace burner exports reduced to X units in 2022, with a decrease of X% against 2021. Overall, exports recorded a perceptible setback. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, liquid fuel furnace burner exports contracted sharply to $X in 2022. In general, exports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Poland (X units) represented the key exporter of furnace burners for liquid fuel, generating X% of total exports. Russia (X units) took the second position in the ranking, followed by Belarus (X units), the Czech Republic (X units) and Lithuania (X units). All these countries together held near X% share of total exports. Estonia (X units) followed a long way behind the leaders.

Poland was also the fastest-growing in terms of the furnace burners for liquid fuel exports, with a CAGR of X% from 2012 to 2022. At the same time, Estonia (X%) displayed positive paces of growth. Russia experienced a relatively flat trend pattern. By contrast, Belarus (X%), the Czech Republic (X%) and Lithuania (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland, Russia and Estonia increased by X, X and X percentage points, respectively.

In value terms, Poland ($X) remains the largest liquid fuel furnace burner supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with an X% share of total exports. It was followed by Belarus, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Poland stood at X%. In the other countries, the average annual rates were as follows: Russia (X% per year) and Belarus (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the export price, however, saw a resilient increase. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per unit), while Belarus ($X per unit) was amongst the lowest.

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

Imports of Furnace Burners For Liquid Fuel

Imports in Eastern Europe

In 2022, liquid fuel furnace burner imports in Eastern Europe dropped sharply to X units, with a decrease of X% against the year before. Over the period under review, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, liquid fuel furnace burner imports reduced notably to $X in 2022. Overall, imports continue to indicate a mild contraction. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Russia (X units) and Poland (X units) represented the key importers of furnace burners for liquid fuel in 2022, finishing at near X% and X% of total imports, respectively. Hungary (X units) held the next position in the ranking, followed by Belarus (X units) and Romania (X units). All these countries together took approx. X% share of total imports. The following importers - Bulgaria (X units) and the Czech Republic (X units) - each resulted at an X% share of total imports.

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

In value terms, Russia ($X), Poland ($X) and Belarus ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Romania, the Czech Republic, Hungary and Bulgaria lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, the Czech Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, waning by X% against the previous year. Overall, the import price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per unit), while Hungary ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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