Feb 26, 2019

Republic of Korea - Furnace Burners For Solid Fuel Or Gas - Market Analysis, Forecast, Size, Trends And Insights

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Republic of Korea: Solid Fuel Furnace Burner Market Overview 2019

Solid Fuel Furnace Burner Market Size in Republic of Korea

The revenue of the solid fuel furnace burner market in South Korea amounted to $X in 2017, growing by X% against the previous year. In general, solid fuel furnace burner consumption continues to indicate a remarkable increase. The growth pace was the most rapid in 2013, when market value increased by X% y-o-y. Over the period under review, the solid fuel furnace burner market reached its peak figure level in 2017, and is expected to retain its growth in the immediate term.

Solid Fuel Furnace Burner Production in Republic of Korea

In 2017, the amount of furnace burners for solid fuel or gas produced in South Korea stood at X tonnes, waning by -X% against the previous year. In general, solid fuel furnace burner production continues to indicate a strong increase. The most prominent rate of growth was recorded in 2013, with an increase of X% year-to-year. South Korea solid fuel furnace burner production peaked of X tonnes in 2016, and then declined slightly in the following year.

Solid Fuel Furnace Burner Exports from Republic of Korea

In 2017, exports of furnace burners for solid fuel or gas from South Korea totaled X tonnes, going down by -X% against the previous year. Overall, solid fuel furnace burner exports continue to indicate a measured increase. The growth pace was the most rapid in 2012, when exports increased by X% year-to-year. South Korea exports peaked of X tonnes in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, solid fuel furnace burner exports totaled $X in 2017. Overall, solid fuel furnace burner exports continue to indicate a remarkable expansion. South Korea exports peaked in 2017, and are likely to see steady growth in the immediate term.

Solid Fuel Furnace Burner Exports by Country from Republic of Korea

In 2017, Italy (X tonnes), distantly followed by China (X tonnes), Germany (X tonnes) and the U.S. (X tonnes) represented the largest exporters of furnace burners for solid fuel or gas, together constituting X% of total exports. The Netherlands (X tonnes), Canada (X tonnes), South Korea (X tonnes), Taiwan, Chinese (X tonnes), Russia (X tonnes) and France (X tonnes) occupied the slight share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Russia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest solid fuel furnace burner markets worldwide were Germany ($X), Italy ($X) and the U.S. ($X), with a combined X% share of total exports. These countries were followed by China, Canada, the Netherlands, South Korea, France, Russia and Taiwan, Chinese, which together accounted for a further X%.

Among the main exporting countries, Russia (+X% per year) recorded the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Solid Fuel Furnace Burner Export Prices by Country in Republic of Korea

In 2017, the solid fuel furnace burner export price in South Korea amounted to $X per kg, jumping by X% against the previous year. Overall, solid fuel furnace burner export price continues to indicate a significant increase. The growth pace was the most rapid in 2017, when the export prices increased by X% year-to-year. In that year, the export prices for furnace burners for solid fuel or gas reached their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Germany ($X per kg), while China ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Russia (+X% per year), while the other leaders experienced more modest paces of growth.

Solid Fuel Furnace Burner Imports into Republic of Korea

Solid fuel furnace burner imports into South Korea stood at X tonnes in 2017, reducing by -X% against the previous year. Overall, solid fuel furnace burner imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. In that year, the solid fuel furnace burner imports attained their peak volume of X tonnes. From 2009 to 2017, growth of the solid fuel furnace burner imports failed to regain its momentum.

In value terms, solid fuel furnace burner imports totaled $X in 2017. In general, solid fuel furnace burner imports continue to indicate an abrupt reduction. In that year, the solid fuel furnace burner imports attained their peak level of $X. From 2013 to 2017, growth of the solid fuel furnace burner imports stood at a somewhat lower level.

Solid Fuel Furnace Burner Imports by Country into Republic of Korea

In 2017, China (X tonnes), distantly followed by Italy (X tonnes), Russia (X tonnes) and Turkey (X tonnes) represented the major importers of furnace burners for solid fuel or gas, together constituting X% of total imports. The U.S. (X tonnes), Slovakia (X tonnes), Iran (X tonnes), the Netherlands (X tonnes), Germany (X tonnes), Indonesia (X tonnes), Canada (X tonnes) and Kuwait (X tonnes) held the weak share of total imports.

Imports into China increased at an average annual rate of +X% from 2007 to 2017. At the same time, Iran (+X%), Slovakia (+X%), Kuwait (+X%), Turkey (+X%), the Netherlands (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. Germany, Indonesia, Canada and the U.S. experienced a relatively flat trend pattern. By contrast, Russia (-X%) illustrated a downward trend over the same period. Russia (X%) significantly strengthened its position in terms of the global imports, while Kuwait, Iran, Turkey, Slovakia and China saw its share reduced by -X%, -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported furnace burners for solid fuel or gas into South Korea, making up X% of global imports. The second position in the ranking was occupied by Russia ($X), with a X% share of global imports. It was followed by the U.S., with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China amounted to +X%. In the other countries, the average annual rates were as follows: Russia (+X% per year) and the U.S. (-X% per year).

Solid Fuel Furnace Burner Import Prices by Country in Republic of Korea

In 2017, the solid fuel furnace burner import price in South Korea amounted to $X per kg, remaining constant against the previous year. In general, the import price indicated a measured expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the solid fuel furnace burner import price decreased by -X% against 2012 indices. The most prominent rate of growth was recorded in 2009, when the import prices increased by X% year-to-year. Over the period under review, the import prices for furnace burners for solid fuel or gas reached its maximum level of $X per kg in 2012; however, from 2013 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Canada ($X per kg), while Italy ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
furnace burners for solid fuel or gas (including combination burners).


This report provides an in-depth analysis of the solid fuel furnace burner market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Republic of Korea.


Data coverage:

• Market volume and value;

• Per Capita consumption;

• Forecast of the market dynamics in the medium term;

• Trade (exports and imports) in Republic of Korea;

• Export and import prices;

• Market trends, drivers and restraints;

• Key market players and their profiles.


Reasons to buy this report:

• Take advantage of the latest data;

• Find deeper insights into current market developments;

• Discover vital success factors affecting the market.


This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.


In this report, you can find information that helps you to make informed decisions on the following issues


1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion


While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018
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