United Kingdom: Market for Furnace Burners For Solid Fuel Or Gas 2024

Market Size for Furnace Burners For Solid Fuel Or Gas in the UK

In 2022, the UK solid fuel furnace burner market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption continues to indicate a noticeable curtailment. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Furnace Burners For Solid Fuel Or Gas in the UK

In value terms, solid fuel furnace burner production reduced slightly to $X in 2022 estimated in export price. Overall, production, however, showed a deep contraction. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Exports of Furnace Burners For Solid Fuel Or Gas

Exports from the UK

In 2022, approx. X units of furnace burners for solid fuel or gas were exported from the UK; growing by X% against 2021 figures. Over the period under review, exports, however, recorded a deep downturn. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, solid fuel furnace burner exports rose markedly to $X in 2022. Overall, exports, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), the United States (X units) and Australia (X units) were the main destinations of solid fuel furnace burner exports from the UK, with a combined X% share of total exports.

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

In value terms, the United States ($X) remains the key foreign market for furnace burners for solid fuel or gas exports from the UK, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by South Africa, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and South Africa (X% per year).

Export Prices by Country

The average solid fuel furnace burner export price stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the export price, however, continues to indicate a moderate increase. The growth pace was the most rapid in 2020 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while the average price for exports to the Netherlands ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Furnace Burners For Solid Fuel Or Gas

Imports into the UK

In 2022, the amount of furnace burners for solid fuel or gas imported into the UK reduced to X units, shrinking by X% compared with 2021 figures. Over the period under review, total imports indicated tangible growth from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of X units, and then contracted in the following year.

In value terms, solid fuel furnace burner imports reached $X in 2022. In general, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Italy (X units), China (X units) and the United States (X units) were the main suppliers of solid fuel furnace burner imports to the UK, with a combined X% share of total imports. Germany, the Netherlands, Finland, France, Belgium and Ireland lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of X.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and the United States ($X) were the largest solid fuel furnace burner suppliers to the UK, together accounting for X% of total imports. The Netherlands, China, Finland, Belgium, France and Ireland lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Finland, with a CAGR of X.7%, 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 solid fuel furnace burner import price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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