MERCOSUR: Market for Furnace Burners For Liquid Fuel 2024

Market Size for Furnace Burners For Liquid Fuel in MERCOSUR

The MERCOSUR liquid fuel furnace burner market stood at $X in 2022, approximately reflecting the previous year. In general, consumption saw a pronounced slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Furnace Burners For Liquid Fuel in MERCOSUR

In value terms, liquid fuel furnace burner production rose sharply to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Furnace Burners For Liquid Fuel

Exports in MERCOSUR

In 2022, overseas shipments of furnace burners for liquid fuel increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, liquid fuel furnace burner exports surged to $X in 2022. In general, exports, however, saw a abrupt contraction. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Brazil (X units) was the main exporter of furnace burners for liquid fuel, comprising X% of total exports. Colombia (X units) held the second position in the ranking, distantly followed by Argentina (X units). All these countries together held near X% share of total exports.

Brazil experienced a relatively flat trend pattern with regard to volume of exports of furnace burners for liquid fuel. Colombia (X%) and Argentina (X%) illustrated a downward trend over the same period. While the share of Brazil (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Colombia (X p.p.) and Argentina (X p.p.) displayed negative dynamics.

In value terms, Brazil ($X) emerged as the largest liquid fuel furnace burner supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Argentina ($X), with a X% share of total exports.

In Brazil, liquid fuel furnace burner exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Colombia (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, surging by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. Over the period under review, the export prices reached the peak figure 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 Brazil ($X per unit), while Colombia ($X per unit) was amongst the lowest.

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

Imports of Furnace Burners For Liquid Fuel

Imports in MERCOSUR

In 2022, liquid fuel furnace burner imports in MERCOSUR contracted to X units, with a decrease of X% against the previous year. In general, imports continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, liquid fuel furnace burner imports contracted to $X in 2022. Over the period under review, imports showed a slight contraction. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X units) was the largest importer of furnace burners for liquid fuel, making up X% of total imports. Chile (X units) took the second position in the ranking, followed by Ecuador (X units), Peru (X units) and Colombia (X units). All these countries together held approx. X% share of total imports. Argentina (X units) and Venezuela (X units) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to liquid fuel furnace burner imports into Brazil stood at X%. At the same time, Argentina (X%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Ecuador (X%), Colombia (X%), Peru (X%), Chile (X%) and Venezuela (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil and Argentina increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported furnace burners for liquid fuel in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Chile ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

In Brazil, liquid fuel furnace burner imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Chile (X% per year) and Argentina (X% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, import prices reached the peak figure at $X per unit in 2014; however, from 2015 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 Argentina ($X per unit), while Colombia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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