Overview of the Global Market for Furnace Burners For Solid Fuel Or Gas

Market Size for Furnace Burners For Solid Fuel Or Gas

The global solid fuel furnace burner market dropped to $X in 2022, which is down by X% against the previous year. Over the period under review, the total consumption indicated a buoyant increase 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 2020 indices. Global consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Furnace Burners For Solid Fuel Or Gas

In value terms, solid fuel furnace burner production reduced to $X in 2022 estimated in export price. Over the period under review, the total production indicated a perceptible expansion 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, global production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Furnace Burners For Solid Fuel Or Gas

Exports

After four years of decline, shipments abroad of furnace burners for solid fuel or gas increased by X% to X units in 2022. Overall, exports, however, continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2017 when exports increased by X%. The global exports peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, solid fuel furnace burner exports reduced to $X in 2022. In general, exports, however, recorded a mild setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the global exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from China (X units), Italy (X units) and Germany (X units), together recording X% of total export. South Korea (X units), Romania (X units), Turkey (X units), Luxembourg (X units), Taiwan (Chinese) (X units), the United Arab Emirates (X units), Poland (X units) and the Netherlands (X units) followed a long way behind the leaders.

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

In value terms, Germany ($X), Italy ($X) and China ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of global exports. South Korea, the Netherlands, Luxembourg, Turkey, Romania, Poland, Taiwan (Chinese) and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, South Korea, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average solid fuel furnace burner export price stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, the export price reached 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 amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Taiwan (Chinese) ($X per unit) was amongst the lowest.

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

Imports of Furnace Burners For Solid Fuel Or Gas

Imports

In 2022, after two years of decline, there was significant growth in supplies from abroad of furnace burners for solid fuel or gas, when their volume increased by X% to X units. The total import volume increased at an average annual rate of X% 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 2014 with an increase of X%. Global imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, solid fuel furnace burner imports dropped to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, global imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X units) was the key importer of furnace burners for solid fuel or gas, comprising X% of total imports. It was distantly followed by the United States (X units), committing an X% share of total imports. The following importers - Russia (X units), Indonesia (X units), China (X units), Germany (X units), Slovakia (X units), Turkey (X units), Italy (X units), Canada (X units) and Malaysia (X units) - together made up X% of total imports.

The Netherlands was also the fastest-growing in terms of the furnace burners for solid fuel or gas imports, with a CAGR of X% from 2012 to 2022. At the same time, the United States (X%), Slovakia (X%), Germany (X%) and Indonesia (X%) displayed positive paces of growth. By contrast, Russia (X%), Canada (X%), Turkey (X%), Italy (X%), Malaysia (X%) and China (X%) illustrated a downward trend over the same period. The Netherlands (X p.p.) and the United States (X p.p.) significantly strengthened its position in terms of the global imports, while Turkey, Italy, Russia and China saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest solid fuel furnace burner importing markets worldwide were China ($X), Russia ($X) and the United States ($X), together comprising X% of global imports. Germany, Turkey, Canada, Slovakia, Malaysia, Italy, Indonesia and the Netherlands lagged somewhat behind, together accounting for a further X%.

The Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average solid fuel furnace burner import price amounted to $X per unit, dropping by X% against the previous year. In general, the import price showed a noticeable descent. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :