Italy: Furnace Burner Market 2024

Furnace Burner Market Size in Italy

The Italian furnace burner market skyrocketed to $X in 2022, surging by X% against the previous year. Overall, consumption, however, showed a abrupt slump. Furnace burner consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Furnace Burner Production in Italy

In value terms, furnace burner production expanded markedly to $X in 2022 estimated in export price. In general, production showed a slight descent. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. Furnace burner production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Furnace Burner Exports

Exports from Italy

In 2022, furnace burner exports from Italy dropped to X units, reducing by X% against 2021. Over the period under review, exports continue to indicate a slight slump. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, furnace burner exports contracted to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

France (X units), China (X units) and Russia (X units) were the main destinations of furnace burner exports from Italy, with a combined X% share of total exports. Ireland, Turkey, the UK, Germany, Spain, the United States, Poland, India, Canada and Slovakia lagged somewhat behind, together comprising a further X%.

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

In value terms, France ($X), China ($X) and Russia ($X) were the largest markets for furnace burner exported from Italy worldwide, with a combined X% share of total exports. Turkey, Ireland, the UK, Germany, Spain, the United States, Poland, India, Canada and Slovakia lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

The average furnace burner export price stood at $X per unit in 2022, remaining relatively unchanged against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Ireland ($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 Slovakia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Furnace Burner Imports

Imports into Italy

In 2022, imports of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers into Italy contracted to X units, leveling off at the previous year. Over the period under review, imports, however, saw a resilient expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, furnace burner imports dropped 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 indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

Serbia (X units), Austria (X units) and China (X units) were the main suppliers of furnace burner imports to Italy, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Serbia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers to Italy, comprising X% of total imports. The second position in the ranking was taken by Austria ($X), with a X% share of total imports. It was followed by Serbia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and Serbia (X% per year).

Import Prices by Country

The average furnace burner import price stood at $X per unit in 2022, declining by X% against the previous year. Overall, the import price saw a pronounced downturn. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, 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 Germany ($X per unit), while the price for Serbia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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