Argentina: Furnace Burner Market 2025

Furnace Burner Market Size in Argentina

The Argentinian furnace burner market fell slightly to $X in 2021, shrinking by -2.9% against the previous year. The market value increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, consumption attained the peak level of $X, and then fell slightly in the following year.

Furnace Burner Production in Argentina

In value terms, furnace burner production reduced to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.3% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when the production volume increased by 25% against the previous year. As a result, production attained the peak level of $X, and then dropped in the following year.

Furnace Burner Exports

Exports from Argentina

In 2021, exports of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers from Argentina dropped significantly to X tons, which is down by -28.5% on the previous year's figure. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 41%. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, furnace burner exports declined notably to $X in 2021. Over the period under review, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of 81%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Uruguay (X tons) was the main destination for furnace burner exports from Argentina, with a 64% share of total exports. Moreover, furnace burner exports to Uruguay exceeded the volume sent to the second major destination, Brazil (X tons), twofold. The third position in this ranking was held by Chile (X kg), with a 2.6% share.

From 2012 to 2021, the average annual growth rate of volume to Uruguay amounted to +5.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (-6.5% per year) and Chile (-22.3% per year).

In value terms, the largest markets for furnace burner exported from Argentina were Uruguay ($X), Brazil ($X) and Bolivia ($X), together accounting for 97% of total exports.

In terms of the main countries of destination, Uruguay, with a CAGR of +2.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average furnace burner export price stood at $X per ton in 2021, reducing by -11.9% against the previous year. Overall, export price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, furnace burner export price increased by +73.3% against 2012 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 36%. The export price peaked at $X per ton in 2020, and then fell in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+134.7%), while the prices for the other major destinations experienced more modest paces of growth.

Furnace Burner Imports

Imports into Argentina

Furnace burner imports into Argentina soared to X tons in 2021, rising by 130% on the previous year. Overall, imports, however, continue to indicate a slight shrinkage. The growth pace was the most rapid in 2014 with an increase of 159% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, furnace burner imports soared to $X in 2021. In general, imports, however, continue to indicate a deep setback. The pace of growth appeared the most rapid in 2014 when imports increased by 146% against the previous year. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of furnace burner to Argentina, accounting for a 69% share of total imports. Moreover, furnace burner imports from Italy exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. The third position in this ranking was held by the United States (X tons), with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy totaled +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+2.5% per year) and the United States (-10.7% per year).

In value terms, Italy ($X) constituted the largest supplier of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers to Argentina, comprising 42% of total imports. The second position in the ranking was taken by the United States ($X), with a 21% share of total imports. It was followed by Germany, with a 9.3% share.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-7.1% per year) and Germany (-12.6% per year).

Import Prices by Country

In 2021, the average furnace burner import price amounted to $X per ton, declining by -27.1% against the previous year. In general, the import price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2015 when the average import price increased by 84% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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