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

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

The Greek solid fuel furnace burner market shrank to $X in 2022, falling 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, however, showed a abrupt decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Exports of Furnace Burners For Solid Fuel Or Gas

Exports from Greece

In 2022, approx. X units of furnace burners for solid fuel or gas were exported from Greece; with a decrease of X% compared with the year before. Over the period under review, exports, however, posted resilient growth. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, solid fuel furnace burner exports fell to $X in 2022. Overall, exports recorded a mild reduction. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Finland (X units) was the main destination for solid fuel furnace burner exports from Greece, accounting for a X% share of total exports. Moreover, solid fuel furnace burner exports to Finland exceeded the volume sent to the second major destination, Romania (X units), fourfold. The Netherlands (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 Finland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and the Netherlands (X% per year).

In value terms, Finland ($X) emerged as the key foreign market for furnace burners for solid fuel or gas exports from Greece, comprising X% of total exports. The second position in the ranking was held by Romania ($X), with an X% share of total exports. It was followed by Bulgaria, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Finland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and Bulgaria (X% per year).

Export Prices by Country

In 2022, the average solid fuel furnace burner export price amounted to $X per unit, waning by X% against the previous year. Overall, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($X per unit), while the average price for exports to the Netherlands ($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 Lithuania (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Furnace Burners For Solid Fuel Or Gas

Imports into Greece

In 2022, imports of furnace burners for solid fuel or gas into Greece was estimated at X units, approximately equating 2021. Overall, imports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, solid fuel furnace burner imports contracted to $X in 2022. Over the period under review, imports, however, showed a noticeable reduction. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X units) constituted the largest supplier of solid fuel furnace burner to Greece, accounting for a X% share of total imports. Moreover, solid fuel furnace burner imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The Netherlands (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the Netherlands (X% per year).

In value terms, Italy ($X), Germany ($X) and the Netherlands ($X) were the largest solid fuel furnace burner suppliers to Greece, with a combined X% share of total imports. Austria, Bulgaria, Serbia and China lagged somewhat behind, together accounting for a further X%.

Austria, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average solid fuel furnace burner import price amounted to $X per unit, waning by X% against the previous year. In general, import price indicated a remarkable 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. Based on 2022 figures, solid fuel furnace burner import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a lower figure.

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 Austria ($X per unit), while the price for Serbia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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