Europe: Market for Furnace Burners For Liquid Fuel 2024

Market Size for Furnace Burners For Liquid Fuel in Europe

The Europe liquid fuel furnace burner market reduced to $X in 2022, with a decrease of X% against the previous year. In general, consumption recorded a perceptible curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Furnace Burners For Liquid Fuel in Europe

In value terms, liquid fuel furnace burner production expanded sharply to $X in 2022 estimated in export price. Overall, production showed a perceptible decrease. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Furnace Burners For Liquid Fuel

Exports in Europe

In 2022, liquid fuel furnace burner exports in Europe dropped to X units, shrinking by X% against the year before. Over the period under review, exports showed a perceptible downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, liquid fuel furnace burner exports declined to $X in 2022. Overall, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy represented the major exporter of furnace burners for liquid fuel in Europe, with the volume of exports finishing at X units, which was near X% of total exports in 2022. It was distantly followed by Germany (X units) and the Netherlands (X units), together making up a X% share of total exports. France (X units), Norway (X units), Sweden (X units), Spain (X units), Denmark (X units), Finland (X units) and the UK (X units) followed a long way behind the leaders.

Exports from Italy decreased at an average annual rate of X% from 2012 to 2022. At the same time, Norway (X%), Denmark (X%), Spain (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. Finland experienced a relatively flat trend pattern. By contrast, France (X%), Germany (X%), Sweden (X%) and the UK (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Italy, Norway, Denmark, Spain and the Netherlands increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest liquid fuel furnace burner supplying countries in Europe were Italy ($X), Germany ($X) and France ($X), with a combined X% share of total exports. Finland, Sweden, the UK, Norway, the Netherlands, Spain and Denmark lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Norway, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, remaining constant against the previous year. Overall, the export price continues to indicate a mild descent. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Furnace Burners For Liquid Fuel

Imports in Europe

In 2022, approx. X units of furnace burners for liquid fuel were imported in Europe; dropping by X% on the previous year. Over the period under review, imports recorded a slight descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, liquid fuel furnace burner imports shrank to $X in 2022. Overall, imports showed a noticeable downturn. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The Netherlands (X units), the UK (X units) and Germany (X units) represented roughly X% of total imports in 2022. France (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Spain (X%), Italy (X%) and Belgium (X%). The following importers - Denmark (X units), Ireland (X units), Switzerland (X units), Russia (X units), Greece (X units) and Poland (X units) - together made up X% of total imports.

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

In value terms, Germany ($X), the UK ($X) and France ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. The Netherlands, Russia, Switzerland, Belgium, Spain, Ireland, Poland, Italy, Greece and Denmark lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Poland, with a CAGR of X%, saw the highest growth rate of 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

The import price in Europe stood at $X per unit in 2022, remaining relatively unchanged against the previous year. Overall, the import price recorded a slight slump. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, import prices hit record highs at $X per unit in 2014; however, from 2015 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 Russia ($X per unit), while Denmark ($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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