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

Market Size for Furnace Burners For Solid Fuel Or Gas in the EU

The EU solid fuel furnace burner market dropped to $X in 2022, with a decrease of X% against the previous year. The total consumption indicated tangible growth from 2012 to 2022: its value 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. Over the period under review, the market hit record highs at $X in 2021, and then shrank in the following year.

Production of Furnace Burners For Solid Fuel Or Gas in the EU

In value terms, solid fuel furnace burner production reduced to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a slight reduction. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Exports of Furnace Burners For Solid Fuel Or Gas

Exports in the EU

In 2022, the amount of furnace burners for solid fuel or gas exported in the European Union dropped to X units, with a decrease of X% compared with the previous year's figure. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, solid fuel furnace burner exports reduced to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Italy (X units) and Germany (X units) were the key exporters of furnace burners for solid fuel or gas in the European Union, together reaching near X% of total exports. It was distantly followed by Romania (X units), mixing up a X% share of total exports. The following exporters - Luxembourg (X units), Poland (X units), the Netherlands (X units), Spain (X units), Belgium (X units), Austria (X units), France (X units) and Finland (X units) - together made up X% of total exports.

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

In value terms, Germany ($X), Italy ($X) and the Netherlands ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports. Luxembourg, Austria, France, Finland, Belgium, Romania, Spain and Poland lagged somewhat behind, together comprising a further X%.

Austria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries 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 the European Union stood at $X per unit in 2022, reducing by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the export prices failed to regain momentum.

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 Austria ($X per unit), while Romania ($X per unit) was amongst the lowest.

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

Imports of Furnace Burners For Solid Fuel Or Gas

Imports in the EU

In 2022, overseas purchases of furnace burners for solid fuel or gas increased by X% to X units, rising for the second year in a row after two years of decline. Overall, imports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, solid fuel furnace burner imports expanded significantly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

The Netherlands prevails in imports structure, resulting at X units, which was approx. X% of total imports in 2022. It was distantly followed by Germany (X units), Slovakia (X units) and Italy (X units), together constituting a X% share of total imports. France (X units), Romania (X units), Hungary (X units) and Belgium (X units) followed a long way behind the leaders.

The Netherlands was also the fastest-growing in terms of the furnace burners for solid fuel or gas imports, with a CAGR of X% from 2012 to 2022. At the same time, Hungary (X%), Romania (X%), Slovakia (X%) and Germany (X%) displayed positive paces of growth. By contrast, Belgium (X%), Italy (X%) and France (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (X p.p.), Germany (X p.p.), France (X p.p.) and Italy (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported furnace burners for solid fuel or gas in the European Union, comprising X% of total imports. The second position in the ranking was held by Slovakia ($X), with an X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Slovakia (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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