Northern America: Market for Furnace Burners For Liquid Fuel 2024

Market Size for Furnace Burners For Liquid Fuel in Northern America

The North American liquid fuel furnace burner market reached $X in 2022, remaining relatively unchanged against the previous year. The total consumption indicated perceptible 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. Based on 2022 figures, consumption increased by X% against 2014 indices. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Furnace Burners For Liquid Fuel in Northern America

In value terms, liquid fuel furnace burner production expanded slightly to $X in 2022 estimated in export price. The total output 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 throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Furnace Burners For Liquid Fuel

Exports in Northern America

In 2022, shipments abroad of furnace burners for liquid fuel increased by X% to X units, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, liquid fuel furnace burner exports soared to $X in 2022. In general, exports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2016 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The United States represented the major exporting country with an export of about X units, which finished at X% of total exports. It was distantly followed by Canada (X units), creating a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of X%).

In value terms, the United States ($X) remains the largest liquid fuel furnace burner supplier in Northern America, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States stood at X%.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per unit, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The level of export peaked at $X per unit in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Imports of Furnace Burners For Liquid Fuel

Imports in Northern America

In 2022, purchases abroad of furnace burners for liquid fuel increased by X% to X units, rising for the second consecutive year after two years of decline. The total import volume 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 throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, liquid fuel furnace burner imports surged 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 2014 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Canada was the key importer of furnace burners for liquid fuel in Northern America, with the volume of imports amounting to X units, which was approx. X% of total imports in 2022. It was distantly followed by the United States (X units), mixing up a X% share of total imports.

Canada was also the fastest-growing in terms of the furnace burners for liquid fuel imports, with a CAGR of X% from 2012 to 2022. The United States (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Canada increased by X percentage points.

In value terms, Canada ($X) and the United States ($X) constituted the countries with the highest levels of imports in 2022.

In terms of the main importing countries, Canada, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while Canada stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform

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