Eastern Europe: Furnace Burner Market 2024

Furnace Burner Market Size in Eastern Europe

The East European furnace burner market fell to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption showed a slight contraction. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Furnace Burner Production in Eastern Europe

In value terms, furnace burner production dropped modestly to $X in 2022 estimated in export price. Overall, production saw a mild contraction. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Furnace Burner Exports

Exports in Eastern Europe

In 2022, exports of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers in Eastern Europe reduced remarkably to X units, falling by X% compared with the previous year. Over the period under review, exports showed a perceptible decrease. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, furnace burner exports contracted significantly to $X in 2022. Overall, exports saw a mild curtailment. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then declined rapidly in the following year.

Exports by Country

Poland (X units) and Romania (X units) were the main exporters of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers in 2022, amounting to near X% and X% of total exports, respectively. Hungary (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Russia (X%) and the Czech Republic (X%). The following exporters - Lithuania (X units) and Belarus (X units) - each accounted for an X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Romania (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest furnace burner supplying countries in Eastern Europe were Poland ($X), Romania ($X) and the Czech Republic ($X), together accounting for X% of total exports.

In terms of the main exporting countries, Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, which is down by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per unit in 2021, and then declined in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while Hungary ($X per unit) was amongst the lowest.

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

Furnace Burner Imports

Imports in Eastern Europe

In 2022, furnace burner imports in Eastern Europe fell markedly to X units, reducing by X% compared with the previous year. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of X units, and then contracted rapidly in the following year.

In value terms, furnace burner imports declined dramatically to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then contracted notably in the following year.

Imports by Country

In 2022, Russia (X units) was the main importer of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers, making up X% of total imports. Slovakia (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Romania (X%), Hungary (X%) and Poland (X%). The following importers - Ukraine (X units) and Estonia (X units) - each reached an X% share of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers. At the same time, Estonia (X%), Hungary (X%), Slovakia (X%) and Romania (X%) displayed positive paces of growth. Moreover, Estonia emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Poland (X%) and Ukraine (X%) illustrated a downward trend over the same period. While the share of Slovakia (X p.p.), Hungary (X p.p.), Estonia (X p.p.) and Romania (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Poland (X p.p.) and Ukraine (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Slovakia ($X), with a X% share of total imports. It was followed by Poland, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia was relatively modest. In the other countries, the average annual rates were as follows: Slovakia (X% per year) and Poland (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, rising by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the import price increased by X%. The level of import peaked at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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