Sweden: Market for Furnace Burners For Liquid Fuel 2024

Market Size for Furnace Burners For Liquid Fuel in Sweden

The Swedish liquid fuel furnace burner market soared to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption recorded a resilient increase. Liquid fuel furnace burner consumption peaked in 2022 and is expected to retain growth in the immediate term.

Production of Furnace Burners For Liquid Fuel in Sweden

In value terms, liquid fuel furnace burner production expanded modestly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Furnace Burners For Liquid Fuel

Exports from Sweden

In 2022, overseas shipments of furnace burners for liquid fuel decreased by X% to X units, falling for the fourth consecutive year after two years of growth. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2018 with an increase of 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 remained at a somewhat lower figure.

In value terms, liquid fuel furnace burner exports shrank rapidly to $X in 2022. In general, exports recorded a deep contraction. The growth pace was the most rapid in 2018 when exports increased by X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The UK (X units), Spain (X units) and Finland (X units) were the main destinations of liquid fuel furnace burner exports from Sweden, together accounting for X% of total exports.

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

In value terms, Finland ($X), the UK ($X) and Spain ($X) were the largest markets for liquid fuel furnace burner exported from Sweden worldwide, with a combined X% share of total exports.

Finland, with a CAGR of X%, recorded 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

In 2022, the average liquid fuel furnace burner export price amounted to $X per unit, dropping by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then declined slightly in the following year.

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

Imports of Furnace Burners For Liquid Fuel

Imports into Sweden

In 2022, imports of furnace burners for liquid fuel into Sweden skyrocketed to X units, picking up by X% compared with 2021. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, liquid fuel furnace burner imports shrank to $X in 2022. Over the period under review, imports, however, recorded a noticeable decline. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Taiwan (Chinese) (X units), China (X units) and Germany (X units) were the main suppliers of liquid fuel furnace burner imports to Sweden, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and China ($X) appeared to be the largest liquid fuel furnace burner suppliers to Sweden, with a combined X% share of total imports. Taiwan (Chinese), the United States, Luxembourg, Finland, Italy, Norway and Serbia lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average liquid fuel furnace burner import price stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the import price showed a pronounced shrinkage. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 ($X per unit), while the price for Norway ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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